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Search Result for “Strait of Hormuz”

Showing 1 - 10 of 1,219

OPINION

Fanatics, an obsessive, and a belligerent fool

Oped, Gwynne Dyer, Published on 07/04/2026

» We don't have to look very far to find a useful historical analogy for the current crisis in the Middle East. In 1967, Egypt closed the Strait of Tiran to Israeli ships, and Israel replied with a surprise air attack that destroyed almost the entire Egyptian air force on the ground.

OPINION

Iran's water weapon against Gulf

Oped, Michael Christopher Low, Published on 07/04/2026

» The oil-rich monarchies of the Persian Gulf are often described as petrostates. But the US-Israeli war with Iran has highlighted that they are also saltwater kingdoms, societies whose survival depends on desalination, or converting seawater into potable water at industrial scale.

BUSINESS

Hopes for early end to war lift sentiment

Business, Maybank Securities Thailand, Published on 07/04/2026

» The war in Iran continues with ongoing attacks by both sides, while Iran's closure of the Strait of Hormuz weighs on investor sentiment.

WORLD

Israel hits Iran gas complex after Trump threat

AFP, Published on 06/04/2026

» TEHRAN — Israeli strikes hit Iran's largest petrochemical complex Monday, as the Islamic republic defied threats from United States President Donald Trump to devastate civilian infrastructure if it does not reopen the Strait of Hormuz.

BUSINESS

Gold ticks higher as dollar eases; Iran deal hopes temper oil, inflation concerns

Reuters, Published on 06/04/2026

» Gold prices ticked up in thin European trading as the dollar eased and as markets assessed the impact on oil prices and inflation expectations of a ceasefire proposal in the U.S.-Israel war with Iran.

WORLD

Iran, US receive plan to end hostilities, immediate ceasefire, source says

Reuters, Published on 06/04/2026

» Iran and the United States have received a plan to end hostilities that could come into effect on Monday and reopen the Strait of Hormuz, a source aware of the proposals said on Monday.

WORLD

How a perilous US rescue mission in Iran nearly went off course

Phil Stewart, Idrees Ali and Humeyra Pamuk of Reuters, Published on 06/04/2026

» WASHINGTON - The rescue had unfolded with near‑perfect precision. Under cover of darkness, US commandos slipped deep into Iran, undetected, scaled a 7,000‑foot ridge and pulled a ​stranded American weapons specialist to safety, moving him toward a secret rendezvous point before dawn on Sunday. Then everything stopped.

WORLD

OPEC+ hikes oil production quotas, issues warning

AFP, Published on 06/04/2026

» VIENNA - The OPEC+ oil cartel agreed on Sunday to again increase oil production quotas, while warning that repairing energy facilities, such as those damaged in the Middle East war, is "costly and takes a long time".

BUSINESS

Toyota to chat with authorities on oil, power

Lamonphet Apisitniran, Published on 06/04/2026

» Toyota Motor Thailand is preparing to hold talks with the new government on oil and electricity policies, as surging energy prices weigh heavily on consumers considering car purchases.

BUSINESS

Global tensions hit home

Business, Somruedi Banchongduang, Somhatai Mosika and Lamonphet Apisitniran, Published on 06/04/2026

» With the US-Israel battle against Iran entering its sixth week, the global economy continues to feel the effects stemming from the closure of a key oil shipping route, the Strait of Hormuz.