Strait

Oil futures end down week on high note as Strait of Hormuz deal turns more uncertain

by Michael Everyone has been waiting to see what Iran’s plan for the Strait of Hormuz was going to look like, and now we know. President Trump and his team…

May 23, 2026, 8:26 PM ETUnited States Oil Fund LP ETF (USO)UCO, DBO, USL, SCO, BNO, GUSH, DRIP, USOIBy: Carl Surran, SA News Editor Oleksii Liskonih President Trump said late…

Investors appeared skeptical Sunday after President Donald Trump said the U.S. will work to “free” neutral shipping that’s been stranded in the Persian Gulf since the start of the war…

Ervan Widjaja/iStock via Getty Images Iran gave the U.S. a new proposal to reopen the Strait of Hormuz and end the war, with nuclear negotiations postponed for a later stage,…

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…