Thirty-two countries have agreed to release 400 million barrels of oil to ease the global disruption caused by Iran’s conflict with the US and Israel. But while this may sound like a lot, it may not provide relief...
US warns over Iranian mines in Strait of Hormuz
There are fears that sea mines could further disrupt navigation through the Strait of Hormuz. US President Donald Trump has threatened to escalate strikes on Iran if it is found to be using mines in the vital waterway...
Why Trump’s war with Iran will help fund Russia’s war in Ukraine
Sky’s Paul Kelso looks at how soaring oil prices are benefiting Vladimir Putin and Russia’s war against Ukraine. Iranian attacks on shipping in the Strait of Hormuz have pushed up the price of oil above $100...
The release of oil reserves comes too early. | DW News
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If the war continues beyond the end of March, the consequences will be severe. | DW News
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Supreme Leader Mojtaba Khamenei vows to “avenge the blood of Iranians” BBC News
Mojtaba Khamenei has said Iran will continue blocking the Strait of Hormuz, the world’s busiest shipping lane, and will “avenge the blood” of Iranians killed in the war with the United States and Israel. It was the...
Hormuz shock: Asia’s oil buffers tested by Iran war | DW News
War in Iran and a blocked Strait of Hormuz expose how fragile global energy supplies are, especially in Asia, the world’s biggest oil consuming region. #dwbusiness For more news go to: Follow DW on social media:...