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106 resultsfor “Strait of Hormuz blockade significance”

Business

Wall Street scales fresh record high as investors bet on end of Iran war

significantly since the US and Iran announced a two-week ceasefire deal last week. In an interview on Wednesday, Donald Trump claimed that the war was “very close to over”, spreading hope among traders that

The Guardian WorldApr 15
Politics

Iran says Strait of Hormuz passage to be ensured after US pauses operation

Blockade will allow the Hormuz Strait to be OPEN TO ALL, including Iran,” he wrote on Truth Social. “If they don’t agree, the bombing starts, and it will be, sadly, at a much higher

Al Jazeera EnglishMay 6
Politics

Pakistan ready for multi-day US-Iran talks, but Tehran unsure about joining

Strait of Hormuz on April 17, 2026, in Space. [Handout/ European Union/Copernicus Sentinel via Reuters] In a post on X, foreign ministry spokesman Esmaeil Baghaei went further, describing the US naval blockade as “unlawful

Al Jazeera EnglishApr 20
Business

Oil prices rise and markets fall after US ship seizure hits Iran peace deal hopes

Hormuz during its agreed two-week ceasefire period, and Trump said Iran had agreed to never close the key shipping channel again. However, over the weekend there were reports that the Iran’s Revolutionary Guards

The Guardian WorldApr 20
Politics

Iran shifts economic focus to essentials during war uncertainty

significantly affected” by the elimination of the cheap currency rate. Yaghoub Andayesh said the ministry has presented different scenarios to the government to “guarantee food security” across 11 categories of essential goods that have experienced

Al Jazeera EnglishApr 26
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 EnglishApr 29
Politics

How Ireland’s war-driven fuel blockades revealed the true cost of Europe’s oil addiction

strait of Hormuz the “biggest energy crisis in history”, but it appears, on one level, to be accelerating Europe’s green revolution. Yet, even if car-owners are rushing to the EV showrooms, some European

The Guardian WorldApr 22
Politics

Trump tells Iran to accept deal or face new wave of US bombing

blockade for at least 30 to 60 days for further negotiations is important. It can be a trust-building measure,” the official said. Analysts say that an external guarantor of any deal is essential. “Pakistan

The Guardian WorldMay 6
Conflicts

Iran war day 85: Tehran says major gaps remain in US talks

significant”, signalling that major obstacles still stand in the way of a formal agreement. Meanwhile, outrage is growing over Israel’s treatment of Gaza aid flotilla activists after organisers of the Global Sumud Flotilla said

Al Jazeera EnglishMay 23
Politics

Iran steps up claim to control Strait of Hormuz

significantly expanding the area around the Strait of Hormuz over which it claims military control in an effort to assert its sovereignty of the key trade route. A map published by Iran's newly-created

BBC NewsMay 21
Politics

Trump faces slew of ‘bad options’ on Iran as diplomacy falters

blockade of vessels linked to Iran seeking passage through the strait remains in place. Pressure is mounting at home, too. The latest Reuters/Ipsos survey published on Tuesday suggests two-thirds of Americans polled

Al Jazeera EnglishMay 13
Politics

Trump threatens ‘a big hit’ if Tehran does not make deal soon

significant concessions he wants before a deal can be struck to end the Middle East war. The US president said he had called off [a fresh wave of strikes](https://www.theguardian.com/world/2026/may/18/iran-new-proposal-deal-to-end-war-us-israel), which would have

The Guardian WorldMay 19
Politics

Trump-Xi meeting: Could China, US form a ‘G2’?

blockade of Iranian ports have left Chinese ships stranded and severely affected China’s crude oil imports, half of which are shipped from the Middle East. Trump is likely to renew calls for China

Al Jazeera EnglishMay 12
Politics

Trump's 'irresponsible war' to blame for economic slowdown, German minister says

significant role. Last month, Merz told students that "the Americans clearly have no strategy" and he could not see "what strategic exit" they were going to choose. "The Iranians are obviously very skilled at negotiating

BBC NewsMay 7
Conflicts

Iran vows ‘long, painful’ response if US renews attacks

blockade of its ports, preventing oil exports – [Tehran’s economic lifeline](/news/2026/4/14/how-much-will-us-hormuz-blockade-hurt-iran-and-does-tehran-have-an-escape). Iranian Ministry of Foreign Affairs spokesman Esmaeil Baghaei defended the closure of the Strait of Hormuz. “This is because

Al Jazeera EnglishMay 1
Politics

Germany says US troop withdrawal 'foreseeable' as Nato seeks clarification

significantly boosted its military spending in recent years. Trump had previously accused Germany of being "delinquent" because its military spending was well below Nato's target of 2% of economic output (GDP). But that

BBC NewsMay 2
Politics

Trump’s ‘Project Freedom’: Can US navy ‘guide’ stuck ships out of Hormuz?

blockade and US naval pressure have driven up oil prices, prompting economic strain and domestic political pressure in the US. The announcement comes amid stalled diplomacy. Iran has proposed a [14-point plan

Al Jazeera EnglishMay 4
Politics

Pakistan scrambles to salvage US-Iran diplomacy as ceasefire faces collapse

significantly damage Islamabad’s position. “Pakistan has done more than many had expected. Delivering a ceasefire in an environment marred by sheer distrust was no mean feat,” Syed Ali Zia Jaffery, deputy director

Al Jazeera EnglishMay 12
Conflicts

Map of dominance: Why Iran can’t afford to give up Hormuz control

significant volumes of liquefied natural gas and fertilisers, Iran has been able to impose economic costs on the US, as well as the rest of the world. That, say experts, has given it negotiating heft

Al Jazeera EnglishMay 5
Politics

What people in power think the impact of the Iran war will be

Hormuz south of Iran and 7,000 miles away in the White House. This week was the unique opportunity for the rest of the world to make its economic case to US President Donald Trump

BBC NewsApr 18
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