Oil and Gas

U.S.-Iran Latest: Slow progress on peace deal as Iran strikes ship in Strait of Hormuz, Hezbollah balks at disarming

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  12m ago Iran-U.S. communications line established to prevent military incidents in Strait of Hormuz, state media outlet says Iran and the U.S. have established a communications line to prevent further military incidents in the Strait of Hormuz, Iran’s state-backed Press TV reported Friday. It comes a day after Iran’s Islamic Revolutionary Guard Corps struck … Read more

IRGC warns against new Hormuz route for ships: What we know | US-Israel war on Iran News

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Iran’s Islamic Revolutionary Guard Corps (IRGC) has warned commercial vessels to only use routes through the Strait of Hormuz approved by Tehran, reopening a point of friction in fragile negotiations between the United States and Iran over the future of the strategic waterway. The warning came after Oman announced a new shipping transit route through … Read more