Tag: Strait of Hormuz
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Hegseth pushes Trump’s $1.5 trillion defense budget for 2027 as Congress presses Pentagon over Iran war costs
US defense secretary Pete Hegseth defended President Donald Trump’s proposed $1.5 trillion military budget before House and Senate lawmakers on Tuesday, as...
Over $30 a barrel discount, but…: Iraq cuts crude oil prices, if buyers are willing to transit Strait of Hormuz to collect it
The OPEC member is offering reductions of up to $33.40 per barrel on its benchmark Basrah Medium grade. (AI image) With oil supplies...
More Strait talks: Trump rolls out ‘Project Freedom’ to guide ships through Hormuz
US President Donald Trump unveiled an initiative called “Project Freedom”, aimed at assisting commercial vessels currently stranded in the Strait of Hormuz...
India-bound LPG tanker clears Hormuz, supply relief cargo heads to Vizag
A liquefied petroleum gas (LPG) tanker carrying cargo for India has crossed the Strait of Hormuz and is now sailing towards the...
‘No place in Gulf, except at bottom of its waters’: Iran’s Khamenei slams ‘Great Satan’ US, rejects nuclear curbs
Iran’s Supreme Leader Ayatollah Mojtaba Khamenei on Thursday criticised the United States, referring to it as the “Great Satan” and signalling no...
