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Tag: Straight of Hormuz

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Hormuz Strait stays shut until US meets demands — Iran

Iran’s top negotiator Mohammad Bagher Ghalibaf said on Tuesday that the strategic Strait of Hormuz will not be opened until the United States meets Tehran’s demands, including lifting a naval blockade. “I want to state clearly that the Strait of Hormuz will not be opened until the American commitments stipulated in the memorandum of understanding… […]

Oil and Gas

UAE oil giant vessel attacked in Strait of Hormuz

The United Arab Emirates’ state-owned oil giant ADNOC said Saturday one of its vessels came under attack in the Hormuz strait, the latest incident in the waterway at the centre of the United States-Iran conflict. Tehran has imposed an effective blockade of the strait, a vital shipping route for global energy supplies, carrying out strikes […]

Business

US strikes supertanker near Iran oil terminal

The United States military has struck a supertanker in the Persian Gulf near Iran’s main oil export terminal, marking its first attack on a commercial vessel since reimposing a blockade on the country’s shipping. According to the US Central Command, an American aircraft launched missiles at the empty, US-sanctioned tanker Belma after it repeatedly ignored […]

Business

UN agency rejects transit fees in Strait of Hormuz

The International Maritime Organization, a United Nations agency, said on Monday it opposes the imposition of transit fees in the Strait of Hormuz after President Donald Trump called for ships to pay protection fees. “We have always been consistent on our stance on fees – IMO stands firmly against charging fees for passage through straits […]

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