The US is imposing a full embargo on ship passage through the strait to pressure Tehran. This decision threatens the stability of energy markets and rising prices.
Iran demands sole control over the Strait of Hormuz and the right to levy fees. The parties exchanged documents and proceeded to the expert level.
Tehran has set a fee of $1 per barrel of oil for vessels. Payment in cryptocurrency is intended to protect transactions from tracking and sanctions.
A drone attacked the East-West pipeline, a key route for oil exports to the Red Sea. Saudi Aramco is assessing the damage after the incident on Wednesday.
Brussels urges governments to limit aid due to rising energy prices. Officials fear a new wave of inflation and rising national debt.
The group "Ashab al-Yamin" claimed responsibility for arsons and explosions in Britain, France, and the Netherlands. Police have already arrested several suspects.
The European Union is developing plans for a prolonged crisis and rising prices due to the war in the Middle East. Brussels is considering releasing oil reserves.
As a result of the attack on Tehran, a leading medical center for vaccine production suffered significant damage. The Iranian Foreign Ministry officially called this attack a war crime.
Due to the threat of Iranian control, countries in the region are considering expanding their pipeline network. The projects are estimated to cost billions of dollars as a security measure.
US Ambassador to NATO Matthew Whitaker announced Trump's re-evaluation of international initiatives. The president may stop arms shipments through the Strait of Hormuz.
The Philippines, Korea, and India have resumed purchases of raw materials from Russia due to the energy crisis. The US temporarily lifted restrictions amid rising Brent prices.
Donald Trump called control over Kharg Island a priority scenario for striking Iran's economy. The US is already deploying additional troops to the region.
Iran's missile and drone attack damaged the Al Taweelah site in Abu Dhabi and injured workers. The attack on one of the market leaders caused panic in the automotive industry.
Tehran uses underground complexes to protect missiles and has switched to a tactic of small strikes. Experts note the strategy of conserving ammunition.
Tehran is introducing a new shipping order, banning the passage of US and Israeli vessels. Some companies are already paying millions for safe transit.
Moscow is supplying Tehran with drones, medicines, and intelligence to maintain the regime's combat capability. Deliveries began in March after secret negotiations between officials.
The carmaker is negotiating with Rafael on the production of launchers and platforms. The project could save 2,300 jobs within 18 months.
Beijing is using the conflict to promote stability and justify future aggressive actions against Taiwan. The war threatens to increase oil prices for China.
Washington has warned Brussels about a review of the terms of a $750 billion LNG supply agreement. A change in the provisions of the Turnberry agreement threatens energy shortages in Europe.
The US is considering a visit by Lukashenka to the White House or Mar-a-Lago. The parties are discussing the release of political prisoners in exchange for further sanctions relief.
Due to the blockade of the Strait of Hormuz and attacks on a plant in Qatar, LNG exports will stop in 10 days. Global gas prices are soaring due to the deficit.
European Energy Commissioner Dan Jørgensen recommends that EU countries gradually start filling their reserves to reduce demand amid the war in the Middle East. The return of liquefied natural gas production in Qatar to pre-crisis levels may prove to be long-term.
European Commissioner Dan Jørgensen called on EU countries to start filling storage facilities early to avoid a price surge. Governments are being offered to lower their targets.
Brent crude fell to $107 due to US plans to lift sanctions on Iranian cargoes. G7 countries are preparing measures for security in the Strait of Hormuz.
The head of the IMO stated that it is impossible to fully protect tankers from Iranian attacks. Due to the closure of the strait, the price of Brent oil exceeded 100 dollars per barrel.
The Trump administration is trying to create an international coalition to counter the Iranian blockade. Most EU and Asian countries express skepticism.
The Trump administration has shifted its focus to the conflict in the Middle East, suspending negotiations. Arms supplies to Ukraine may be delayed in favor of others.
The EU's top diplomat warned against Washington's use of tactics employed by the bloc's adversaries. She called on countries for unity and defensive autonomy.
The US spent years' worth of critical ammunition in the first days of the conflict. The Pentagon is preparing a request for $50 billion to replenish its arsenals.
The Canadian government is modernizing three operational bases to protect sovereignty in the north. Defense spending is planned to increase to 5% of GDP by 2035.
