Reuters The fragile “no war, no peace” situation since the US and Iran signed a tentative deal last month now seems to have tipped into war. This on-again off-again truce could again wobble back into life through the efforts of increasingly exasperated Arab and Pakistani mediators, and the preference of both sides to avoid a … Read moreStrait of Hormuz ‘faultline’ exposes weakness of the US-Iran deal
The Organization of the Petroleum Exporting Countries (OPEC) has agreed to increase oil output quotas by 206,000 barrels per day for May, a rise that is largely symbolic as some of its key members are unable to raise production due to the US-Israeli war on Iran. The war has effectively blocked the Strait of Hormuz … Read moreOPEC+ agrees to hike oil output, warns of slow recovery after attacks
Tasnim Israel says it has killed the Iranian navy chief overseeing what is a near-total blockade of the Strait of Hormuz. Alireza Tangsiri, head of the Islamic Revolutionary Guards Corps (IRGC) navy, was “directly responsible for the terrorist act of bombing and blocking the Strait of Hormuz”, and has been “blown up”, according to Israel’s … Read moreIsrael says it has killed Iran’s navy chief overseeing Strait of Hormuz blockade