In a bold move, the sanctioned tanker Rich Starry has successfully crossed the Strait of Hormuz. With the Murlikishan close behind, Washington’s maritime restrictions face a major credibility test.
Iran has issued a stern warning to shut down the Red Sea and Persian Gulf if U.S. naval actions continue, potentially crippling 20% of the world's oil and gas transit.
VP JD Vance outlines a bold diplomatic pivot, offering Tehran economic strength in exchange for a permanent end to its nuclear ambitions following 20 hours of intense talks.
A dire new report from the UNDP warns that the ongoing conflict and the disruption of the Strait of Hormuz could push 32.5 million people below the poverty line. Energy-importing nations in Africa and Asia are expected to bear the brunt of the economic shock.