Strait

In a sudden diplomatic turn, Iran announced on Friday (April 17) that it would reopen the Strait of Hormuz, ending a nearly two-month blockade that had crippled energy shipments from…

Tanker comes under fire as Iran closes Strait of Hormuz again

Bitcoin deepened its losses on Sunday morning after President Donald Trump stated that the US would move to impose a naval blockade of the Strait of Hormuz after diplomacy talks…

President Trump is urging other nations to launch their own missions to control the Strait of Hormuz, a move that would benefit one area of the world the most.

Key Takeaways Bitcoin price dropped as Iran’s Parliament approved the closure of the Strait of Hormuz, heightening fears of oil supply shocks and global inflation. A prolonged closure of the…