Another tanker has been struck in the Strait of Hormuz, bringing the number of vessels reported hit in the strategic waterway since Sunday to at least six. UK Maritime Trade...
Saudi Arabia is planning an offensive against Iran-backed Houthi militants in Yemen, with options being considered including a coastal push to secure the Red Sea shipping route or an assault on multiple fronts, regional and Western officials told Reuters.
The tanker captain summoned his years of experience when he saw the blast in front of him. He veered his 300-meter-long ship around the vessel ahead and could see a fire had started. He called the US Navy to tell them of the attack.
The United Kingdom has imposed sanctions on eight ships as part of a broader package targeting Russian energy revenues, maritime logistics and individuals accused of supporting Moscow’s war in Ukraine....
A tanker has been struck by an unknown projectile while transiting the Strait of Hormuz, the latest in a string of attacks that have emerged over the past several days...
The Trump administration expanded its economic campaign against Iran on Thursday, targeting the country’s rail system, major industrial companies and a Russia-linked shadow banking network that U.S. officials say has...
China called the latest US threats of secondary sanctions on airline service-providing companies across the world an illegal unilateral measure without any basis in international law. The US said the sanctions would be applied if these companies do not stop providing services to Iranian airlines.
China said they “firmly oppose illicit unilateral sanctions that have no basis in international law and lack UN Security Council mandate,” Guo Jiakun, official spokesperson of its Ministry of Foreign Affairs said during a regular press conference on Wednesday, September 23.
China’s reaction came on the same day the latest US sanctions against Iran went into effect.
The US Treasury Secretary Scott Bessent has asked companies across the world who are involved in providing services such as refuelling, ticketing, and other kinds of ground support to stop serving Iranian airlines starting at midnight on September 23. If they fail to comply they will be “locked out of the dollar system,” Bessent threatened.
The latest sanctions against its airlines is part of the recently announced US attempt to completely isolate Iran from the global economy in order to pressure its government to re-open the Strait of Hormuz.
Iran has shut down the Strait of Hormuz following the resumption of US airstrikes as well as Washington’s attempts to bypass Iranian control over the waterway in the Persian Gulf since July. Iran has claimed that those American moves were in violation of the peace deal signed under international mediation in June.
The adoption of new sets of sanctions is widely seen as an indication of Washington’s failure to achieve its objectives in Iran militarily, even after seven months of war, which began on February 28.
Iran has reiterated that no amount of economic coercion will open the Strait of Hormuz. They listed the withdrawal of the US naval blockade, the unfreezing of its international assets, and an end of the war on all fronts in the region as preconditions for opening the Strait.
Air blockade
While some of the countries in the region cancelled Iranian flights to their airports in fear of US sanctions, Iran claimed most of its international flights remained scheduled and operational. Some countries also decided to close their airspace for Iranian airlines.
Iraq has diverted most of the Iranian flights from its Baghdad airport to Najaf.
If the flights remain suspended for a significant number of countries for a longer duration it would amount to an air blockade on Iran. This will have an effect on thousands of people employed in the aviation sector in the country which is already heavily facing tremendous economic troubles due to existing sanctions
A prolonged suspension of flights could also impact hundreds of thousands of Iranians who have to travel out of the country for medical or other reasons.
Iran has maintained that unilateral US sanctions are illegal and an “act of terrorism” against Iranian people. It has urged the nations across the world to not succumb to the unilateral actions of the US.
Chief of Iran’s Supreme National Security Council Mohsen Rezaei, in an interview on Wednesday, warned neighboring countries against submitting to US pressure to shut down Iranian flights, claiming such acts will force Iran to retaliate.
Secretary of Iran’s Supreme National Security Council Mohsen Rezaei refuted United States President Donald Trump’s latest claims about his country seeking fresh talks. He reiterated that there will be no new talks with the US until it implements the conditions already agreed upon.
“Dont get distracted by the US president’s mix signals-from ‘no negotiations’ to ‘we are ready to talk.’ The stakes around oil and the straits have changed. Damage control won’t stop what’s coming,” Rezaei said in a post on X on Tuesday, September 15.
Rezaei was responding to Trump’s latest claims made on his social media post about Iran seeking a deal “quickly and badly.” Trump called Iran a “failing nation” and said he will decide “whether or not the US will choose to engage.”
Iranian President Masoud Pezeshkian, during his visit to the 18th BRICS Summit in New Delhi earlier this week, also said there is no need for fresh talks with the US until the conditions in the Islamabad Memorandum of Understanding (MoU), signed between the two countries in June, are implemented.
Iran and Oman are seeking regional consensus
On Monday, Iran claimed it had finalized an agreement with Oman regarding the management of navigation through the Strait of Hormuz and said it’s details would be announced soon.
“The understanding between Iran and Oman, as two littoral states, has been finalized. In consultation with Oman, we will decide on the next step, including how to announce or register the understanding,” official spokesperson of Iran’s Ministry of Foreign Affairs Esmail Baghaei said in a press conference on Monday, September 14.
He also claimed that a scheduled discussion over the issue with the Persian Gulf countries on Monday was canceled at the last minute after Saudi Arabia’s intervention. He called the Saudi move “ill-advised” and a lost opportunity.
It is speculated that the Saudi intervention is linked to recent attacks carried out by Yemen’s Ansar Allah forces inside its territories, hitting a crucial oil pipeline and King Khalid Air Base, along with other infrastructure.
Ansar Allah claimed its attacks inside Saudi Arabia were in retaliation to hundreds of Saudi airstrikes and over a decade-long blockade of the country.
Ansar Allah has also announced it will target Saudi ships carrying crude through the Bab-al Mandeb in the Red Sea.
In the past, Saudi Arabia had accused Iran of supporting Ansar Allah militarily. Iran has denied such claims, calling Ansar Allah an ally with its own independent agenda.
Earlier, both Iran and Oman had claimed that the regional meeting on Monday was not postponed for a later date, with Omani Foreign Minister Badr Albusaidi saying the delay was in the “interest of consensus.”
The talks for an agreement over the joint management of traffic through the Strait of Hormuz with Oman began in June, after Iran proposed it.
On August 25, Iran and Oman announced an initial agreement on the establishment of a temporary joint maritime corridor and a joint-mine clearance project.
The agreement, once finalized, is expected to “restore safe navigation” through the Strait while preserving the sovereignty and sovereign rights of coastal states, Press TVreported.
Strait of Hormuz is closed
On the evening of September 14, a super tanker hit a mine after trying to cross the Strait of Hormuz through what Iran calls the “illegal route” near Omani waters, the Islamic Revolutionary Guard Corps (IRGC) said in a statement.
Later it was reported that several of the crew members of the said ship were missing.
The IRGC reiterated its warnings to all the ships in the Persian Gulf to refrain from using the US-backed Omani route, repeating the claims about the Strait of Hormuz being shut and under its full control.
The IRGC has repeatedly questioned US President Donald Trump’s claims of the restoration of free navigation through the Strait, calling them lies.
The Strait, through which nearly 20% of the global energy trade flowed before the US-Israeli war on Iran began in February has seen a massive fall in traffic, causing disruptions in energy supplies after the Iranians restricted traffic in retaliation.
Oil prices have crossed USD 100 per barrel several times since then. They again crossed the mark earlier this week due to the renewed escalation and fear of a blockade of oil trade through the Bab-al-Mandeb, after Ansar Allah’s warnings of targeting Saudi ships.
Nearly 12% of global trade in energy happens through the Bab-al-Mandeb.
On Monday, Iran reiterated that the US is solely responsible for the global impacts caused by the blockade of oil trade in the region.
The US war and naval blockade against Iran are the direct reasons for the closure of the Strait, Ali Bahreini, Iran’s permanent representative at Geneva, said during a UN Trade and Development (UNCTAD) meeting asking the international community to acknowledge the fact that such unilateral actions are harmful for the global economy.
Iran assured that it will lift the blockade on the Strait of Hormuz the moment the US announces the end of its war and lifts the naval blockade and economic sanctions on Iran.
Diplomats say the U.S., Britain, France and Germany now seek to refer Iran to the U.N. Security Council for failure to comply with its nuclear nonproliferation obligations.
Diplomats say the U.S., Britain, France and Germany now seek to refer Iran to the U.N. Security Council for failure to comply with its nuclear nonproliferation obligations.
NEW YORK: Oil prices climbed in early trading Wednesday, building on the previous session’s sharp gains, as overnight military exchanges between the United States and Iran escalated tensions in the Middle East and revived fears of supply disruptions through a critical global shipping chokepoint. Brent crude futures rose $1.03, or 1.1%, to $95.68 a barrel ... Read more
TEHRAN: A U.S. missile strike hit a residential home hosting a wedding celebration in southern Iran on Tuesday, killing four people including a child and wounding more than 50 others, the Iranian Red Crescent said. Shrapnel from the attack struck the home in the city of Kuhestak, in Sirik county of Hormozgan province, where a ... Read more
Oil prices rose more than 2% Monday after the United States attacked an Iranian island in the Strait of Hormuz and drew retaliation from Tehran, as the six-month-old conflict between the two countries showed no signs of easing. Brent crude futures climbed $2.21, or 2.51%, to $90.31 a barrel as of 0436 GMT. U.S. West ... Read more
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