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US President Donald Trump has claimed that Washington has the Strait of Hormuz under “totally control” and described the ongoing naval blockade as a “tremendous success.” However, a very large crude carrier (VLCC) operated by Iran’s National Iranian Tanker Company has reportedly evaded the US Navy and reached the Asia-Pacific, carrying over 1.9 million barrels…
US president Donald Trump said on Friday that the US Navy was acting “like pirates” while enforcing Washington’s naval blockade of Iranian ports during the ongoing conflict with Iran.He made the remarks while describing the recent seizure of a ship by US forces, highlighting the interception as part of the blockade operations. Watch ‘NO HELP’…
Iran is facing mounting economic and military strain as a United States naval blockade around the Strait of Hormuz and Gulf of Oman continues to choke off its critical oil exports, with Pentagon-linked estimates putting losses at roughly $4.8 billion, a report by Axios said. The disruption has intensified pressure on Tehran’s already fragile economy,…
US President Donald Trump has earned a new nickname as tensions over Iran and the Strait of Hormuz fuel fresh market and political commentary. Analysts are now moving from the earlier ‘TACO’ label for US President to a new term ‘NACHO’.The shift comes amid ongoing blockade between the Trump administration and Iran over control and…
Iran’s currency plunged to a record low in recent days against the US dollar as the ongoing US naval blockade of Iranian ports continues to strain the country’s economy.On the black market on Wednesday, the rial fell to around 1.80 million per dollar, according to currency-tracking websites Bonbast and AlanChand. At the start of the…
US President Donald Trump on Wednesday described the ongoing US naval blockade against Iran as “genius”, asserting that Tehran would have to concede defeat and ruling out any agreement unless it abandons its nuclear ambitions.“The blockade is genius. The blockade has been 100% foolproof. It shows how good our Navy is, I can tell you…
Global oil prices surged past $120 on Thursday, briefly touching $122, the highest level since 2022 as fears of prolonged supply disruptions intensified amid a deadlock in talks to end the US conflict with Iran.Brent crude for June delivery rose around 1.9% to near $120 a barrel, while US West Texas Intermediate (WTI) edged up…
US President Donald Trump has said the United States will maintain its naval blockade on Iran until Tehran agrees to a deal addressing Washington’s concerns over its nuclear programme, signalling a hardening stance even as military options remain under consideration.Speaking to Axios, Trump indicated that the blockade is currently his preferred tool of pressure, describing…
Nearly all Indian refiners, except Numaligarh Refinery, are now importing Russian crude. (AI image) India’s imports of crude oil from Russia have dropped from the highs seen in March when the supply disruptions from the Middle East caused by the US-Iran war and the Strait of Hormuz closure prompted refiners to step up buys from…
A Russian-linked superyacht has sailed through the Strait of Hormuz despite the ongoing blockade of the strategic waterway, according to marine tracking data and media reports reviewed by the BBC. The vessel, Nord, is linked to sanctioned Russian billionaire Alexey Mordashov, a close ally of Russian President Vladimir Putin.The 142-metre luxury yacht travelled from Dubai…
