After Iran weaponized the waterway by making it too dangerous for businesses, experts say, the country is now looking to charge fees to vessels seeking to transit the vital water.
There’s an initial deal between the U.S. and Iran. But bringing the global economy back online after months at reduced speed isn’t going to be quick or easy.
It was the first U.S. rescue carried out by an autonomous surface vessel and remotely piloted by a human operator, according to a military spokesperson.
Washington and Tehran would need to defend any potential deal as a win for their side. And each has a leader whose approach to talks is vexing mediators.
Outmatched militarily, Iran used “triangular coercion” by attacking Gulf states and closing the Strait of Hormuz. It points to a long-term U.S. vulnerability.
The Bank of England and European Central Bank held interest rates steady on Thursday, as officials search for signs of possible longer-term damage and warn of the impact of a prolonged energy shock.
In its latest offer delivered on Sunday, Iran proposed opening the key waterway to shipping traffic and lifting the U.S. blockade, while postponing the thornier nuclear issue until later.
Iran’s foreign minister has already arrived in the country, state media reported. He was believed to be carrying a written response to a U.S. proposal to end the war.
As the Persian Gulf conflict boosts the oil revenue that finances Moscow’s war against Ukraine, Kyiv’s forces are striking at Russia’s ability to refine and ship its crude.
Global leaders are struggling in their efforts to find a way to end the American-Israeli war on Iran, and they are spooked about what President Trump might do next.
For centuries, an Omani exclave has been defined by a peculiar duality: rugged isolation and proximity to one of the world’s most important trade routes.
The secretary of state said the United States and Iran were passing messages to each other as he headed to France for a diplomatic meeting of the Group of 7 nations.
European politicians risk angering their voters if they join America’s war. Yet they could also face domestic upheaval if they take no action to reopen shipping routes that Iran has blocked and ease an energy crisis.
The 2,000 paratroopers heading to the region may give President Trump more leverage in negotiations, but they also leave him with the option of doubling down on military force.
Our national security correspondent David E. Sanger looks at President Trump’s trouble handling retaliatory attacks by Iran that have largely choked off the Strait of Hormuz.
The Israeli military said its campaign against Hezbollah in Lebanon would intensify, while Iran threatened to attack civilian infrastructure if President Trump followed through with an ultimatum.
Tehran “will not hesitate in defending its people and its land,” a senior official said, after President Trump threatened to destroy Iranian power plants.
The Israeli military said it had killed the spokesman for Iran’s Islamic Revolutionary Guards Corps, and Iran warned that it could target American and Israeli military personnel.
The United States views Iran through a prism of global responsibilities and strategic goals. Israel has a more regional approach. After nearly three weeks of war, their paths are diverging.
European Union ministers and leaders pushed back on ideas to protect the strait, including expanding a maritime operation already in place in the Red Sea.
The ship was struck near an Emirati port, in the first such attack in five days. The United Arab Emirates also said it was intercepting Iranian drones and missiles.
Barraged by Iranian attacks and questioning the value of security ties with the United States, nations in the Gulf have turned to Ukraine, Australia and Italy for help.
While some European countries said they were discussing ways to help reopen the Strait of Hormuz, several rejected President Trump’s calls to send warships.
President Trump on Sunday called on NATO allies to help end the de facto Iranian blockade of the Strait of Hormuz, a key shipping lane for about one-fifth of the world’s oil.
Energy Secretary Chris Wright said the Strait of Hormuz, a critical passageway for oil shipments, remained unsafe for tankers. Iran has been firing projectiles and laying mines.
President Trump has urged China, Britain, France, Japan and South Korea to send warships to help reopen the waterway, even though they were not involved in the U.S.-Israeli attack on Iran.
Iran’s response to days of aerial bombardment and long-range artillery strikes has proved more resilient than Trump administration officials anticipated.
Iran’s new supreme leader delivered a forceful message in his first public statement since succeeding his slain father, as the Israeli military bombarded Tehran and the Lebanese capital with strikes.
The United States has long considered Iranian naval ships a serious threat, even as the country’s nuclear and missile programs dominate discussions of its military capabilities.
The Islamic Republic is aiming to draw out the conflict and broaden the fighting. That would force President Trump to risk more casualties and more political capital.
Beijing has condemned the U.S.-backed strikes on Iran, a close partner. Yet with trade talks looming, it is unlikely to risk a rupture with Washington.