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17 resultsfor “impact of US blockade on Iran oil exports”

World

With 3,000 containers stuck in Pakistan, Iran explores more land routes

US naval blockade would hurt Iran. “Iran remains significantly dependent on oil revenue, which cannot be fully realised when key export routes — particularly maritime ports — are restricted or disrupted,” he told Al Jazeera. “Such constraints

Al Jazeera EnglishApr 24
World

Why and how is US blockading Iranian ports in Strait of Hormuz?

oil that Iran exports. On Tuesday, its foreign ministry called the US blockade "dangerous" and "irresponsible". Analysts say the blockade may be designed to force Beijing to become more active in peace talks. A prolonged

BBC NewsApr 14
World

US talks between Lebanon and Israel end – as it happened

blockade of the strait of Hormuz through which roughly 20% of global oil and natural gas exports were shipped before the war. Bessent also commented on US tariffs on other nations, saying they could

The Guardian WorldApr 15
Business

Iran war’s big winners: Wall Street, weapons firms, AI and green energy

impact of the United States-Israeli war on Iran and the shutdown of the Strait of Hormuz on the world economy. The war has damaged energy infrastructure across the Gulf, while critical exports like oil

Al Jazeera EnglishApr 17
Business

Is Iran’s oil storage nearly full – and will it have to cut production?

US blockade causes Iran to shut off its production “in a big way”. However, Halff added, Iran may still choose to halt production “fairly aggressively” but this “would be more by choice than by necessity

Al Jazeera English5h ago
World

Calls for humanitarian corridor through strait of Hormuz as Iran war hits vital aid

Iran took turns at closing and blockading the strait of Hormuz shipping channel. Limiting the number of cargo ships passing through the 5km-wide passage has had an extraordinary global impact, reducing the global supply

The Guardian World10h ago
Politics

Why has Italy’s Giorgia Meloni suspended a defence pact with Israel?

oil and liquefied natural gas (LNG) exports that pass through the narrow waterway in peacetime. Following a first failed round of high-stakes Iran-US talks in Islamabad last weekend – amid a fragile two-week

Al Jazeera EnglishApr 15
Business

US gas prices surge to highest level in four years, averaging $4.15 a gallon

Iran’s proposal to reopen the strait, which would require the US end its own naval blockade of the strait and does not address a nuclear deal. On Tuesday, Trump said on social media that

The Guardian WorldYesterday
Conflicts

As US-Iran talks remain ‘stalled’, experts warn of ‘long-term disruptions’

Iran on February 28. Tehran retaliated by closing off the Strait of Hormuz, the narrow channel linking the Gulf to the Gulf of Oman, through which approximately 20 percent of the world’s oil

Al Jazeera English19h ago
Politics

'Bit of pain' worth long-term security from Iran, Bessent tells BBC

impact on consumers would be less severe. Oil has risen close to $120 during the Iran conflict but has since fallen back, although it remains above pre-war levels, and [on Tuesday, a barrel

BBC NewsApr 14
Politics

US war on Iran was a 'mistake', says Reeves

blockade of the key Strait of Hormuz, designed to put additional pressure on Iran. Asked whether the UK and US's growing differences over the conflict had affected the "special relationship" between the two countries

BBC NewsApr 15
Politics

Iran’s currency falls to new low as US blockade, sanctions impact trade

blockade of Iran’s southern waters, which the US Central Command insisted on Tuesday had “cut off economic trade going into and coming out of” the country. Amid threats by US President Donald Trump

Al Jazeera English2h ago
Business

Faisal Islam: Why the UAE's exit from Opec is a big deal

exporters, which for many decades controlled the price of crude oil by decreasing or increasing production and allocating quotas across its membership. It had a vital role in 1970s oil crises, which in turn transformed

BBC NewsYesterday
World

As Iran crisis drags on, fears of global food crisis grow

impact of the war and the importance of reopening the Strait of Hormuz, observers are less united on the severity of the current outlook. Traders who buy and sell financial contracts linked to food crops

Al Jazeera EnglishApr 21
Politics

Who is John Phelan, the US Navy Secretary fired by Pete Hegseth?

impact could his firing have on US military strategy? ## Who is John Phelan? As the US Navy’s top civilian official, Phelan had various responsibilities, including overseeing recruiting, mobilising and organising, as well as construction

Al Jazeera EnglishApr 23
Politics

Katya Adler: Europe's Nato allies push back at reported US threat to Spain

impact, reared its Medusa-like head. Again. "No worries," Spain's determined-to-appear calm prime minister, Pedro Sanchez, said to waiting journalists as he arrived at the leaders' summit. "We are fulfilling our obligations

BBC NewsApr 25
World

Middle East crisis live: US claims blockade has ‘completely halted economic trade’ into Iran, as Trump hints at return to talks in Pakistan

exports from Gulf countries that rely on the strait of Hormuz to get their oil to market have been severely curtailed by Iran’s defacto blockade of the strait since early March. The US military

The Guardian WorldApr 15