U.S. World Business Lifestyle
Today: August 28, 2026
Today: August 28, 2026

Strait of Hormuz

Business|Economy|Finance|Political|World

Trump threatens Oman as it works with Iran on a Strait of Hormuz deal, and other Middle East news

Iran says it's working to finalize a joint statement with Oman on a plan to manage shipping through the Strait of Hormuz

Trump threatens Oman as it works with Iran on a Strait of Hormuz deal, and other Middle East news
Economy|MidEast|Political|World

Iran says it will escalate if US does not honour deal within weeks

Iran will escalate tensions in the Strait of Hormuz and beyond, and launch an attack if the U.S. fails to implement an interim peace deal fully in a matter

Iran says it will escalate if US does not honour deal within weeks
Business|Economy|World

Oil settles up over $2 as Iran war stalemate stokes supply concerns

Oil prices settled up by more than $2 on Monday on global supply worries stoked by investor pessimism about diplomatic efforts to resolve the Iran war

Oil settles up over $2 as Iran war stalemate stokes supply concerns
Business|Economy|Environment|World

New Syria-Iraq crude pipeline still years away, sources say

Iraq's plans to export oil via a pipeline through Syria to avert future disruptions in the Strait of Hormuz

New Syria-Iraq crude pipeline still years away, sources say
Economy|Political|World

The 60-day deadline for an Iran peace deal is expiring. Here's where things stand

The 60-day deadline for an agreement to end the Iran war and resolve the dispute over its nuclear program is expiring

The 60-day deadline for an Iran peace deal is expiring. Here's where things stand
Business|Economy|World

Shipping slows through Strait of Hormuz after tanker attacks, data shows

Shipping through the Strait of Hormuz slowed over the weekend, data showed on Monday, following attacks on tankers, while U.S.-Iran talks to resolve the

Shipping slows through Strait of Hormuz after tanker attacks, data shows
Business|Economy|Election|Finance|Political|Stock Markets|US|World

Iran defiant on strait as Trump tells Americans to accept high gasoline prices

Iran called on the U.S. to accept defeat on Saturday, while President Donald Trump blasted

Iran defiant on strait as Trump tells Americans to accept high gasoline prices
Business|Economy|Political|World

Hormuz traffic slows further after US threatens more economic pressure on Iran

Transit through the Strait of Hormuz appeared to grind to a near standstill on Friday after two more ships were

Hormuz traffic slows further after US threatens more economic pressure on Iran
Business|Economy|Environment|World

Two slicks appear in Gulf as huge oil spill off Oman threatens disaster

Two slicks have appeared in Iranian waters,

Two slicks appear in Gulf as huge oil spill off Oman threatens disaster
Economy|Europe|MidEast|Political|World

With US-Iran talks stalled, diplomatic efforts expand to unlikely European players

While talks to end the Iran war have stalled, the Trump administration appears to be reaching out to a broader swath of countries that might be able to help pressure Tehran or ease its hardline position where traditional mediators haven't succeeded so far

With US-Iran talks stalled, diplomatic efforts expand to unlikely European players
Business|Economy|Finance|MidEast|Political|US|World

US says it can keep naval blockade on Iran 'indefinitely,' vows more economic pressure

The United States on Thursday said that it could maintain a naval blockade of Iran indefinitely and would ratchet up economic pressure on

US says it can keep naval blockade on Iran 'indefinitely,' vows more economic pressure
Business|Economy|Political|World

2 UAE tankers attacked while transiting Strait of Hormuz, and other news from the Middle East

The United Arab Emirates has blamed Iran for firing drones at two tankers operated by a state-owned oil company in the Strait of Hormuz

2 UAE tankers attacked while transiting Strait of Hormuz, and other news from the Middle East
Asia|Business|Economy|Environment|MidEast|World

War with Iran chokes flows of oil and natural gas, highlighting energy security risks for Asia

The war with Iran is disrupting oil and LNG shipments through the Strait of Hormuz, a key artery for global energy trade, sending prices higher and threatening global growth

War with Iran chokes flows of oil and natural gas, highlighting energy security risks for Asia
Economy|Political|US|World

US rescues airman, vows 'hell' for Iran if Strait stays shut

U.S. special forces rescued an airman in a high-risk mission deep inside Iran while President Donald Trump threatened to rain

US rescues airman, vows 'hell' for Iran if Strait stays shut
Business|MidEast|Political|World

Iran, US make competing claims over control of Strait of Hormuz

The Strait of Hormuz is "under Iran's control and management", the recently appointed head of Iran's Basij paramilitary unit said on Thursday, a day after U.S.

Iran, US make competing claims over control of Strait of Hormuz
Economy|MidEast|Political|World

US can keep naval blockade on Iranian ports "indefinitely," Pentagon chief says

The U.S. military has enough assets to maintain a naval blockade of Iran indefinitely, Defense Secretary Pete Hegseth said on Thursday, adding ships

US can keep naval blockade on Iranian ports "indefinitely," Pentagon chief says
Economy|Finance|Political|World

What does Trump mean when he says the US is ‘low-keying’ negotiations with Iran?

What does Trump mean when he says the US is ‘low-keying’ negotiations with Iran?

What does Trump mean when he says the US is ‘low-keying’ negotiations with Iran?
Business|Economy|Europe|World

Container shipper Hapag-Lloyd takes $600 million hit from Middle East crisis

Hapag-Lloyd, one of the world's top container shipping companies, said on Thursday that the conflict in the Middle East, with the closure of the Strait of Hormuz, cost the

Container shipper Hapag-Lloyd takes $600 million hit from Middle East crisis
Business|Economy|Environment|World

Top US refiners see profits soar, step up investor rewards

Top U.S. fuel makers boosted returns to shareholders in the second quarter as prolonged disruptions to crude supplies through the Strait of Hormuz sent fuel prices and

Top US refiners see profits soar, step up investor rewards
Business|Economy|Environment|Finance|Stock Markets|US|World

Oil prices edge up as investors weigh US-Iran talks deadlock against lower demand

Oil prices rose slightly on Wednesday as attacks on ships in the Middle East continued and talks to end the Iran war hit an impasse.

Oil prices edge up as investors weigh US-Iran talks deadlock against lower demand
Business|Economy|Environment|Political|World

New attacks on shipping as Iran war talks hit fresh impasse

The U.S. and Yemen's Iran-aligned Houthis reported separate attacks on shipping on Tuesday as prospects for ending the Iran war appeared

New attacks on shipping as Iran war talks hit fresh impasse
Business|Economy|Finance|Political|World

Iranian-backed Houthis kill 6 in attack on vessel, and other developments in the Mideast

Authorities in Yemen say at least six people were killed when Iran-backed Houthi rebels fired missiles on a vessel in the Bab el-Mandeb strait

Iranian-backed Houthis kill 6 in attack on vessel, and other developments in the Mideast
Business|Economy|Finance|World

Oil prices continue climb on US-Iran deal doubts; stocks retreat

Oil prices touched a one-week high on Tuesday and Wall Street finished lower as traders grew more pessimistic about a potential

Oil prices continue climb on US-Iran deal doubts; stocks retreat
Business|Economy|Finance|Political|Stock Markets|World

Oil prices settle up as Iran says Strait of Hormuz to stay shut

Oil prices edged up to a one-week high on Tuesday as doubts about a potential U.S.-Iran peace deal fueled concerns that Middle East supply disruptions would

Oil prices settle up as Iran says Strait of Hormuz to stay shut
Business|Economy|Finance|Stock Markets|World

US stocks edge further from their records as oil prices keep swinging

U.S. stocks slipped a bit further from their records, while oil prices kept swinging on uncertainty about when the war with Iran will allow crude to flow freely again

US stocks edge further from their records as oil prices keep swinging
World

Here's why new fronts seem to be opening up across the Middle East

Recent days have seen a series of attacks across the Middle East, from the U.S. and Saudi Arabia bombing militias in Iraq to drones setting ships ablaze in Egypt

Here's why new fronts seem to be opening up across the Middle East
Business|Economy|Finance|World

Oil settles down on proposed Saudi-led maritime defence coalition

Oil prices settled lower on Thursday after a volatile session, as traders digested proposed plans for a Saudi Arabia-led maritime coalition to boost defense

Oil settles down on proposed Saudi-led maritime defence coalition
Business|Economy|Political|World

Can China restrain Iran? Gulf states test Beijing's influence

As the Iran war escalates again, Gulf Arab states are looking to China - not Washington - to use its economic leverage over Iran

Can China restrain Iran? Gulf states test Beijing's influence
Business|Economy|Environment|Finance|World

Oil jumps 7% on escalating Middle East airstrikes

Oil prices climbed about 7% on Wednesday as airstrikes resumed in the Middle East, adding to worries about dwindling supply as U.S. government data showed

Oil jumps 7% on escalating Middle East airstrikes
Business|Political|World

US thwarts an Iranian missile attack and launches strikes with Saudi Arabia against militias in Iraq

The U.S. military says it successfully intercepted an Iranian missile barrage and worked with Saudi Arabia’s forces to strike sites in Iraq that Tehran-backed militias have used to launch attacks in recent days

US thwarts an Iranian missile attack and launches strikes with Saudi Arabia against militias in Iraq
Business|Economy|Environment|Political|World

Top US oil trade group opposes Hormuz tolls after Gulf-backed voluntary fee proposal

The American Petroleum Institute opposes tolls or transit fees for vessels crossing the Strait of Hormuz, the top U.S. oil industry trade

Top US oil trade group opposes Hormuz tolls after Gulf-backed voluntary fee proposal
Economy|Environment|Political|World

Oman presents Iran with Gulf-backed plan for voluntary fees to use Hormuz

Oman has presented Iran with a plan backed by Gulf states to manage the Strait of Hormuz, including collecting voluntary fees for using it

Oman presents Iran with Gulf-backed plan for voluntary fees to use Hormuz
Business|Economy|Finance|Stock Markets|World

Oil prices fall 5% to two-week low after several days without US-Iran strikes

Oil prices dropped about 5% on Tuesday to a two-week low, on cautious hopes that the pause in fighting between the United States and Iran will lead to talks to

Oil prices fall 5% to two-week low after several days without US-Iran strikes
Economy|Environment|Political|World

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management of the Strait of Hormuz with shipping

Oman proposes Hormuz management system with voluntary fees, source says
Business|Economy|MidEast|Political|World

Bab el-Mandeb shipping rises amid hopes of resolution in US-Iran war

The number of vessels passing through Bab el-Mandeb rose to 28 on Monday, a four-day high, while traffic through the Strait of Hormuz remained low,

Bab el-Mandeb shipping rises amid hopes of resolution in US-Iran war
Economy|Political|World

Iran's foreign minister discusses security of Strait of Hormuz with Saudi, Omani counterparts

Iran's foreign minister discussed issues related to the security of the Strait of Hormuz in separate phone calls with his Saudi and Omani counterparts on Monday evening,

Iran's foreign minister discusses security of Strait of Hormuz with Saudi, Omani counterparts
Business|Economy|Political|World

Trump says US and Tehran having 'good talks' as drones hit Iran's neighbours

President Donald Trump said on Monday the United States was having "good talks" with Iran and there was a

Trump says US and Tehran having 'good talks' as drones hit Iran's neighbours
Business|Economy|Environment|Finance|Political|Stock Markets|US

The Latest: Trump praises his sweeping tariffs while in Michigan for a speech on the economy

A federal appeals court has upheld a ruling that halted President Donald Trump’s executive order to create a federal list of eligible voters and limit delivery of mail ballots only to people on that list

The Latest: Trump praises his sweeping tariffs while in Michigan for a speech on the economy
Economy|MidEast|Political|World

Mediators see progress in efforts to halt Iran war as drone attacks rattle region

Mediators have made progress in efforts to bring the United States and Iran back to negotiations and prevent an all-out war in the Middle East

Mediators see progress in efforts to halt Iran war as drone attacks rattle region
Business|Economy|Environment|MidEast|World

Red Sea shipping slows after Houthi attack on Saudi Arabia, data shows

Ship traffic through Bab el-Mandeb fell on Sunday after Yemeni Houthis attacked Saudi oil installations along the Red Sea coast, while transit through

Red Sea shipping slows after Houthi attack on Saudi Arabia, data shows
Economy|Political|World

US and Iran pause their attacks after days of escalation

The United States has not attacked Iran for a second day, and Tehran says it has also halted attacks

US and Iran pause their attacks after days of escalation
World

Pentagon's official Iran war death toll no longer lists 4 troops killed during renewed fighting

The four American troops killed during renewed fighting between the U.S. and Iran in recent weeks are no longer listed as part of the Iran war death toll in the Pentagon’s official casualty count

Pentagon's official Iran war death toll no longer lists 4 troops killed during renewed fighting
Business|Economy|Finance|MidEast|Political|US|World

Airstrikes have paused and talks are pressing forward. But can the US and Iran take the off-ramp?

The U.S. military has paused its airstrikes on Iran after nearly two weeks of intensifying bombing

Airstrikes have paused and talks are pressing forward. But can the US and Iran take the off-ramp?
Business|Economy|Environment|Finance|Stock Markets|World

Barclays sees upside risks to 2026 Brent price view given Strait of Hormuz impasse

Barclays said on Friday that risks to its oil price forecasts are skewed higher depending on how long the "impasse" over the Strait of Hormuz lasts.

Barclays sees upside risks to 2026 Brent price view given Strait of Hormuz impasse
Business|Economy|Political|World

US military launches new strikes on Iran as clashes escalate over shipping routes

The U.S. military has announced it conducted a 13th night of strikes against Iran as clashes escalate over shipping routes

US military launches new strikes on Iran as clashes escalate over shipping routes
Economy|Finance|Political|World

Trump vows to punish Iran for Houthi attacks in Red Sea; oil surges over $100

U.S.

Trump vows to punish Iran for Houthi attacks in Red Sea; oil surges over $100
Business|Economy|Finance|Stock Markets|World

US energy shares gain as Houthi tanker attacks push Brent crude to $100

U.S. energy shares rose on Thursday as Brent crude touched $100 a barrel, extending a five-day rally after attacks on two Saudi oil tankers heightened concerns over global oil

US energy shares gain as Houthi tanker attacks push Brent crude to $100
Business|Economy|Environment|World

Oil settles over $100 as Houthi attacks intensify Middle East supply risks

Oil prices settled above $100 on Thursday for the first time since May after Yemen's Houthis said they attacked two Saudi oil tankers in the Red Sea,

Oil settles over $100 as Houthi attacks intensify Middle East supply risks
Economy|World

With bombing campaign unlikely to change Iran’s posture according to US intel, Trump faces limited options

With bombing campaign unlikely to change Iran’s posture according to US intel, Trump faces limited options

With bombing campaign unlikely to change Iran’s posture according to US intel, Trump faces limited options
Political|US|World

US military completes 12th straight night of strikes on Iran

The U.S. military said on Wednesday it completed its latest round of strikes on Iran at President Donald Trump's direction, for a 12th successive

US military completes 12th straight night of strikes on Iran
Economy|Political|World

Houthis claim attacks on Saudi tankers in Red Sea, raising risk of new chokepoint in Iran war

The Iranian-aligned Houthis on Thursday claimed military strikes on two Saudi oil tankers as part of a naval blockade on Saudi Arabia,

Houthis claim attacks on Saudi tankers in Red Sea, raising risk of new chokepoint in Iran war
Economy|Political|World

The Latest: House adopts $95 billion budget proposal to fund Iran war and other Trump priorities

The House has adopted a Republican-only $95 billion budget proposal, a long-shot effort to fund the Iran war and other White House priorities over objections from Democrats and a few GOP holdouts in a final push before the midterm elections

The Latest: House adopts $95 billion budget proposal to fund Iran war and other Trump priorities
Business|Political|World

U.S. and Pakistan condemn Houthi Red Sea threats to shipping and Saudi Arabia

The United States and Pakistan have rejected threats by Yemen’s Houthi rebels against Saudi Arabia and shipping in the Red Sea

U.S. and Pakistan condemn Houthi Red Sea threats to shipping and Saudi Arabia
Business|Economy|Environment|World

A new front is opening in the Iran war. Oil faces ‘no way out’

A new front is opening in the Iran war. Oil faces ‘no way out’

A new front is opening in the Iran war. Oil faces ‘no way out’
Business|Economy|Environment|World

Hormuz vessel crossings fall further as security concerns linger

Vessel crossings via the Strait of Hormuz dropped further on Tuesday, shipping data showed, as security concerns lingered amid ongoing attacks by the United States and

Hormuz vessel crossings fall further as security concerns linger
Economy|Political|World

The Latest: Hegseth estimates Iran war has cost $37.5B so far

Defense Secretary Pete Hegseth says the Iran war has cost $37.5 billion, so far

The Latest: Hegseth estimates Iran war has cost $37.5B so far
Business|Economy|Environment|MidEast|Political|World

Houthis warn shipping companies to avoid Saudi ports, email shows

Yemen's Iran-aligned Houthi militia told shipping companies not to load or discharge cargo at Saudi Arabian ports or they may be

Houthis warn shipping companies to avoid Saudi ports, email shows
Economy|Political|US|World

US and Iran dig in over the Strait of Hormuz, showing the limits of intensifying airstrikes

The U.S. and Iran are back to bombing every day in a bid to control the Strait of Hormuz

US and Iran dig in over the Strait of Hormuz, showing the limits of intensifying airstrikes
Crime|Economy|Environment|Political|US|World

The Latest: US carries out more strikes on Iran in push to reopen the Strait of Hormuz

The U.S. military says it’s carrying out its 10th consecutive night of strikes on Iran in a push to reopen the Strait of Hormuz

The Latest: US carries out more strikes on Iran in push to reopen the Strait of Hormuz
Business|Economy|Political|World

Houthis announce Saudi naval blockade, threatening new front in US-Iran war

Yemen's Iran-aligned Houthis said on Monday they would impose a naval blockade on Saudi Arabia, opening a

Houthis announce Saudi naval blockade, threatening new front in US-Iran war
Business|Economy|Environment|World

Oil transfer activity in Gulf of Oman slows following ship attacks, data shows

Oil transfers between tankers in waters outside the Strait of Hormuz have slowed following a wave of recent attacks on vessels by Iranian forces, according

Oil transfer activity in Gulf of Oman slows following ship attacks, data shows
Business|Economy|Finance|Political|Stock Markets|US|World

US pump prices cross $4 again on renewed Middle East fighting

U.S. gasoline pump prices crossed the $4 a gallon mark on Monday as renewed hostilities between the U.S. and Iran further disrupt energy flows through the

US pump prices cross $4 again on renewed Middle East fighting
Business|Crime|MidEast|World

US launches more airstrikes against Iran after announcing another death of a service member

The United States has announced another death of a service member as it launches more airstrikes at Iran

US launches more airstrikes against Iran after announcing another death of a service member
Political|World

US renews strikes on Iran after at least two military personnel killed by Iranian attack

The U.S. said it had completed an eighth straight night of attacks against Iran after earlier announcing that at least two U.S.

US renews strikes on Iran after at least two military personnel killed by Iranian attack
Business|Economy|Environment|Political|World

US military launches new airstrikes to 'swiftly punish' Iran for deaths of US troops

The U.S. military says it has carried out new airstrikes against Iran to “swiftly punish” the country’s Revolutionary Guard for an attack in Jordan that killed two American service members, left one more missing and four requiring hospitalization

US military launches new airstrikes to 'swiftly punish' Iran for deaths of US troops
Business|Economy|Environment|Political|World

US says two military personnel killed by Iranian attack in Jordan

The U.S. military said on Saturday two of its personnel were killed in Jordan and another was missing after an

US says two military personnel killed by Iranian attack in Jordan
MidEast|Political|US|World

Iran’s hardliners warn of a ‘coup’ as US truce comes under pressure

Iran’s hardliners warn of a ‘coup’ as US truce comes under pressure

Iran’s hardliners warn of a ‘coup’ as US truce comes under pressure
Business|Economy|MidEast|Political|World

The US and Iran have blown past red lines as they lurch back toward all-out war

The United States and Iran are crossing each other's red lines, one after the other

The US and Iran have blown past red lines as they lurch back toward all-out war
Economy|Political|World

US and Iran target infrastructure as strait shipping comes under further attack

The United States on Friday launched a seventh straight night of attacks on Iran, which in turn struck

US and Iran target infrastructure as strait shipping comes under further attack
Business|Economy|Finance|Political|Stock Markets|World

US oil firms sign deals with Iraq to develop alternative shipping routes

U.S. companies have signed roughly $60 billion in agreements and partnerships with the Iraqi government, including deals intended to create alternative routes for shipping oil out of the Persian Gulf

US oil firms sign deals with Iraq to develop alternative shipping routes
Business|Economy|Environment|Finance|Political|Stock Markets|World

Oil settles up on renewed US-Iran hostilities and threat of Red Sea closure

Oil prices climbed more than 4% to their highest in more than a month on Friday after the U.S. and Iran stepped up attacks across the Gulf, with shipping

Oil settles up on renewed US-Iran hostilities and threat of Red Sea closure
Business|Economy|Environment|Political|World

Oil settles lower, but remains near one-month high on U.S.-Iran tension

Oil prices settled about 1% lower on Thursday but remained near their highest level since mid-June as the Iran war escalated, with Tehran asking Yemen's

Oil settles lower, but remains near one-month high on U.S.-Iran tension
Economy|MidEast|Political|World

Iran and US step up attacks, release of American in dispute

Iran and the United States exchanged intensifying fire on Thursday in a week-long escalation that has largely

Iran and US step up attacks, release of American in dispute
Economy|MidEast|Political|US|World

Hopes for US-Iran diplomacy still alive as fighting intensifies over the Strait of Hormuz

Fighting between the U.S. and Iran has intensified

Hopes for US-Iran diplomacy still alive as fighting intensifies over the Strait of Hormuz