Oil

NATO allies refuse to join Trump's Strait of Hormuz blockade

Trump said the US military would work with other countries to block all maritime traffic in the waterway, after weekend talks failed to reach an agreement to end the six-week conflict with Iran.

US President Donald Trump holds a bilateral meeting with NATO Secretary General Mark Rutte at the World Economic Forum (WEF) in Davos, Switzerland, January 21, 2026.
A vessel at the Strait of Hormuz, off the coast of Oman’s Musandam province, April 12, 2026.

What does a US naval blockade of Iran mean for oil flows? - explainer

A map showing the Strait of Hormuz is seen in this illustration taken June 22, 2025.

IMF warns Strait of Hormuz might never be back to normal

People wave Iranian flags and signs condemning the war on Iran as they march past the Eisenhower Executive Building during a protest in Washington, DC, on February 28, 2026.

Americans weigh in on the Iran war, gas prices, their fears


Trump on rising gas prices during Iran operation: 'If they rise, they rise'

Trump prioritizes the Iran military campaign, dismissing concerns over rising gas prices, as White House officials scramble for solutions to combat rising energy costs.

High gas prices are displayed at a downtown Chevron station on March 3, 2026 in Los Angeles, California.

Saudi Arabia intercepts Iranian ballistic missiles, drones, Bahrain suffers damage from Iran strike

Iran continues to launch attacks on Gulf countries, including Qatar's Al Udeid Air Base, amid operations Epic Fury and Roaring Lion, causing damage in Bahrain's capital, Manama.

A Patriot missile battery is seen near Prince Sultan air base at al-Kharj on February 20, 2020; illustrative.

Trump urges Iranian diplomats to seek asylum, vows total defeat of regime

Defense Secretary Pete Hegseth and CENTCOM chief Admiral Brad Cooper also gave a press conference at CENTCOM HQ, Florida, addressing the ongoing operation against Iran.

Inter Miami CF captain Lionel Messi gestures on the day US President Donald Trump honors reigning Major League Soccer (MLS) champion Inter Miami CF players and team officials with an event in the East Room of the White House in Washington, March 5, 2026.

China in talks with Iran to allow safe oil and gas passage through Hormuz, sources say

The war has left the critical shipping passageway all but shut, with Iran having moved to paralyze shipping through the Strait.

A navy vessel is seen sailing in the Strait of Hormuz, a vital waterway through which much of the world's oil and gas passes on March 1, 2026.

Chinese provinces were planning Tehran trade expos, then the war broke out

Chinese government procurement and tender records on Iran show contracts issued in recent months, pointing to the vibrant commercial engagement of the two nations.

The national flag of Iran flies in the wind as debris lies scattered in the aftermath of an Israeli and US strike on a police station, in Tehran, Iran, March 3, 2026

US to provide insurance for tankers traveling through Strait of Hormuz after Iranian threats

The narrow waterway between Oman and Iran is a critical artery for global energy supplies. In 2025, roughly 13 million barrels of oil moved through the channel each day.

Oil tankers pass through the Strait of Hormuz, December 21, 2018.

Where is evidence Iran planned to build nuclear weapons, Russia's Lavrov asks

Lavrov denies Iran's nuclear weapon development, warning the US‑Israel conflict could spur nuclear proliferation in the Middle East.

Russian Foreign Minister Sergey Lavrov attends a meeting in Moscow, March 3, 2026; illustrative.

Wall Street futures slide as Middle East conflict escalates

Oil prices jumped, while traditional safe havens rose, with gold climbing roughly 2% and bond prices rallying, sending the US 10-year Treasury yield briefly to an 11‑month low.

U.S. Stock Market.

Just one in four Americans supports US strikes on Iran, Reuters/Ipsos poll finds

A Reuters/Ipsos poll finds just 27% of Americans approve of the US strikes on Iran, with concerns over US casualties and rising oil prices.

An F/A-18F Super Hornet prepares to launch from the US Navy Nimitz-class aircraft carrier USS Abraham Lincoln in support of the Operation Epic Fury attack on Iran, February 28, 2026.

IRGC tell ships passage through Strait of Hormuz 'not allowed'

Vessels in the Gulf reported receiving messages warning that no ships were allowed to pass the Strait of Hormuz, according to EU and UK agencies, though Iran has not confirmed any closure.

An Iranian military ship takes part in an annual drill in the coastal area of the Gulf of Oman and near the Strait of Hormuz, Iran, in this picture obtained on December 31, 2022