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Scores of tankers stuck under gunfire as Iran closes the Strait of Hormuz

Scores of tankers stuck under gunfire as Iran closes the Strait of Hormuz

President Trump warns Iran ‘cannot threaten’ US with Hormuz shutdown Tensions are escalating in the Middle East as Iran’s Revolutionary Guards assert control over the Strait of Hormuz, even firing upon passing ships. From the Oval Office, President Donald Trump stated that the naval blockade enforced by the U.S. will continue without interruption. A White […]

Bitcoin price falls to $75K as new Hormuz closure highlights oil issues.

Historical Trends Since 2017 Indicate Bitcoin Price Drop to $35,000

Bitcoin Stays Above $75,000 Amid US-Iran Tensions Bitcoin (BTC) managed to maintain its value above $75,000 by the end of the week, even as new uncertainties about the escalating conflict between the US and Iran emerged. Key Takeaways BTC’s price has declined from a recent 10-week high as concerns about renewed hostilities between the US […]

Trump States Iran Cannot Intimidate U.S. with Strait of Hormuz Warnings

Trump States Iran Cannot Intimidate U.S. with Strait of Hormuz Warnings

Trump Responds to Iranian Threats in the Strait of Hormuz President Donald Trump stated that the U.S. will not be “intimidated” following renewed threats from Iranian forces, which have declared a blockade of the Strait of Hormuz and reportedly opened fire on multiple ships. In his address from the Oval Office on Saturday morning, Trump […]

Iran Says It Has Closed the Strait of Hormuz Again Due to U.S. Blockade

Iran Says It Has Closed the Strait of Hormuz Again Due to U.S. Blockade

Iran Closes Strait of Hormuz Amid US Naval Blockade On Saturday morning, Iran’s military announced it had shut down the Strait of Hormuz. This decision came after the U.S. refused to lift a naval blockade that was hindering Iranian vessels from navigating through the strait. A representative from Hazrat Khatam al-Anbiya, the central command of […]

Iran Limits Access to Hormuz Strait Once More, Shoots at Tanker While Peace Talks Lag

Iran Limits Access to Hormuz Strait Once More, Shoots at Tanker While Peace Talks Lag

Iran Reimposes Restrictions on the Strait of Hormuz Iranian forces have placed strict limitations on the Strait of Hormuz, firing upon tankers attempting to navigate through it on Saturday. This occurred shortly after the Islamic regime had declared the waterway to be “open.” Early on Saturday, Iranian officials announced that they had reinstated “strict control” […]

Iran targets tanker close to Oman following Strait of Hormuz closure

Iran targets tanker close to Oman following Strait of Hormuz closure

Iran’s Revolutionary Guards Fire on Ship Near Oman ISLAMABAD — In a recent escalation, the Iranian Revolutionary Guards opened fire on at least one vessel near Oman after yet another assault on Tehran. The British Maritime Trade Organization reported that the Strait of Hormuz was closed on Saturday. According to the captain of the tanker, […]