US and Iran Trade Strikes for Sixth Day as Diplomacy Hangs
US and Iran escalate attacks for a sixth day, striking near Tehran and in the Strait of Hormuz, as hostage release hints at possible diplomacy.
Tag
22 articles
US and Iran escalate attacks for a sixth day, striking near Tehran and in the Strait of Hormuz, as hostage release hints at possible diplomacy.
China's three major airlines expect combined H1 losses of at least 7.3 billion yuan as surging fuel prices driven by Middle East conflict erode profits.
Trump reinstates the U.S. naval blockade of Iranian ports in the Strait of Hormuz, demanding a 20% cargo fee, as strikes escalate and oil prices surge.
Iran's IRGC closes the Strait of Hormuz to all shipping; US responds with a third round of airstrikes hitting 140 military targets in dramatic escalation.
Oil prices surged over 5% on July 8 as Trump declared the U.S.-Iran ceasefire 'over' and launched new airstrikes, raising fears of supply disruptions.
Middle East expert Leo Kwarten argues the US and Iran must return to negotiations despite the collapse of their ceasefire and renewed military strikes.
OPEC+ boosts output as oil prices fall to pre-war levels, while the Iran conflict disrupts fertilizer supplies and threatens food costs.
Oil prices fell nearly $10 in ten days after a US-Iran peace deal. Belgian fuel drops sharply but experts warn the fragile agreement may not hold.
Oil prices have fallen to pre-Iran war levels around $73 per barrel. But gas prices remain high and winter risks loom for Belgian consumers.
Maximum gasoline prices in Belgium fall to their lowest level since March, offering relief to motorists as Brent crude drops to nearly $76 per barrel.
Oil prices dropped to four-month lows as tanker traffic through the Strait of Hormuz recovers to 25% of pre-war levels after the U.S.-Iran peace deal.
Oil drops below $75 for first time since March as Treasury issues 60-day Iran waiver and Strait of Hormuz traffic recovers, signaling de-escalation.
Belgium's SPF Economy announces diesel prices will fall to €1.903 per liter on Saturday, the second drop in a week amid easing US-Iran tensions.
US and Iran signed a preliminary peace deal on June 15, sending oil prices tumbling. But the CIA has raised serious doubts about Iran's nuclear pledges.
Despite a framework deal to end US-Iran hostilities, the war has permanently reshaped oil trade, supply chains, and the global economy, NYT analysis finds.
Brent crude surges above $95 after second day of US strikes on Iran. Strait of Hormuz blockade, Belgian fuel impact, and global inflation fears explained.
U.S. strikes a third tanker carrying Iranian oil, killing three Indian sailors, as Iran retaliates and the World Bank warns of slowing global growth.
Oil spikes, US consumers cut spending, Israel bombs Beirut, and Trump claims a nuclear pledge as the Iran war enters its fourth month with no end in sight.
The Iran conflict drives oil above $100, forcing US consumers to cut spending and shift habits. OPEC+ boosts production as demand destruction fears grow.
The US and Iran exchanged military strikes on June 2-3, 2026, as Trump denied negotiations were suspended. Oil prices surged.
ExxonMobil and Chevron executives warn oil prices could hit $150-$160 per barrel as global inventories near critical lows amid the Strait of Hormuz crisis.
The U.S. and Iran exchanged military strikes on May 28, threatening a fragile ceasefire and diplomatic talks. Oil prices surged as markets reacted.