Why the U.S. Hasn’t Felt Big Impacts From Strait of Hormuz Crisis

Why the U.S. Hasn’t Felt Big Impacts from Strait of Hormuz Crisis

Iran's blockade on the Strait of Hormuz has wreaked havoc on the global oil market, now faced with what energy expert Jason Bordoff calls "the largest supply disruption we've ever seen in history." In his recent Foreign Affairs article, Bordoff details how governments are reassessing their reliance on global energy markets, and why the full impact of this crisis hasn't hit America

China and the Strait of Hormuz Crisis

The Trump administration’s war against Iran is portrayed as a reckless and ill-timed failure that caused massive humanitarian damage, destabilized the region, and disrupted global trade while failing to achieve regime change. China is depicted as a cautious but increasingly credible actor calling for stability and open trade, highlighting shifting global dynamics as the conflict leaves a volatile crisis marked by a fragile ceasefire, blocked oil…

Strait of Hormuz Ceasefire Violation: Iran Issues Dire Warning Against US Intervention

BitcoinWorld Strait of Hormuz Ceasefire Violation: Iran Issues Dire Warning Against US Intervention Tehran, Iran — March 12, 2025: A senior Iranian official has issued a stark warning, stating that any United States intervention in the Strait of Hormuz would directly violate the existing ceasefire a...

Iraq’s oil exports to return within a week after Hormuz conflict ends

Baghdad (IraqiNews.com) – Deputy Oil Minister Basim Mohammed said on Saturday that Iraq can resume oil output and exports to regular levels within a week once the Strait of Hormuz conflict reopens. Mohammed indicated that the country’s current oil output is 1.5 million barrels per day, with around 200,000 barrels per day shipped through the Turkish port of Ceyhan, according to Reuters. Two tankers are ready and two more are anticipated based on …

Oil prices continue to rise on expectations of prolonged blockade in the Strait of Hormuz

KUALA LUMPUR: Oil prices surged above US$120 per barrel on Thursday after President Donald Trump warned Iran that the US naval blockade of the Strait of Hormuz could last for several months. As of noon today, Brent crude oil, which is also the global benchmark, rose 5.93 percent to US$125 per barrel while West Texas Intermediate rose 2.31 percent to US$109.30 per barrel. The development comes amid a diplomatic stalemate to restore access to the …

The Hormuz blockade: Why a fragile ceasefire may not lower global oil prices

Brent crude has surged to $125 per barrel due to escalating West Asia conflict and severe disruption at the Strait of Hormuz, a key global oil chokepoint. Naval tensions and tanker blockades have restricted nearly one-fifth of global oil flows, intensifying supply fears and pushing shipping costs higher. Ceasefire talks remain fragile, while OPEC fragmentation and the UAEs exit add further uncertainty. Major importers are diversifying supply, bu…