Trump expects the US to act as a protector of the Strait of Hormuz route.

Trump expects the US to act as a protector of the Strait of Hormuz route.

Trump’s Stance on the Strait of Hormuz In a recent statement, President Trump announced that the U.S. will “occupy” the Strait of Hormuz following an airstrike on Iran. This comes in the wake of Iran’s assertions regarding the closure of the crucial waterway. During an appearance on “Fox & Friends,” Trump, at 80, responded to […]

Gold stays above $4,100 amid Hormuz tensions and pressure on silver.

Silver boosts metal prices as traders protect crucial support levels.

Gold and Silver Prices Dip Amid Economic Indicators Gold and silver prices saw a drop during late afternoon trading in the U.S. on Friday. Rising Treasury yields and strong expectations from the Federal Reserve outweighed the impact of a weaker dollar and growing geopolitical concerns in the Strait of Hormuz. As of the latest updates, […]

China Urges Iran to Honor U.S. Peace Agreement, Expressing Frustration over Hormuz Situation

China Urges Iran to Honor U.S. Peace Agreement, Expressing Frustration over Hormuz Situation

On Wednesday, China’s Foreign Ministry expressed concern over the escalating violence between Iran and the United States, urging both nations to “adhere to the memorandum of understanding” and “avoid the use of force.” It’s interesting how China often points fingers at the U.S. for its aggressive stance in global politics. But this time, the Foreign […]

Four Oil and Gas Tankers Leave the Strait of Hormuz Following Attacks by Iran

Four Oil and Gas Tankers Leave the Strait of Hormuz Following Attacks by Iran

Iran’s Attack Leads Tankers to Avoid Strait of Hormuz At least four tankers transporting oil and liquid natural gas (LNG) have opted out of navigating through the Strait of Hormuz following an Iranian assault on three vessels on Tuesday, according to a ship-tracking service report issued on Wednesday. The attack involved Iranian forces targeting ships […]