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WORLD

Iran conflict disrupts global oil markets and demand

The ongoing war involving Iran has significantly disrupted global oil markets, leading to a sharp decline in demand and supply interruptions. Analysts report one of the most severe…

WORLD

Pentagon warns mine clearance in Hormuz could take months

The Pentagon informed lawmakers that clearing sea mines from the Strait of Hormuz could take up to six months, prolonging disruptions caused by the ongoing war with Iran. Officials indicated…

WORLD

Iran declares Strait of Hormuz closure as tensions escalate

Iran announced that reopening the Strait of Hormuz is currently not possible amid escalating tensions with the United States and its allies. Officials stated that recent military actions and alleged…

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