Browsing Tag
Strait of Hormuz
294 posts
Trump’s Iran speech sends crude to six-year high, gas tops $4 nationwide
U.S. crude oil surged nearly $12 per barrel on April 3, 2026, its largest one-day gain since 2020, after Trump pledged more Iran strikes with no Strait of Hormuz reopening plan.
Iran is decimated but the war is not over: Trump signals fresh strikes in prime-time address
Trump's first prime-time address on Operation Epic Fury declares Iran decimated but signals two to three more weeks of US strikes and leaves the Strait of Hormuz unresolved.
Trump signals US exit from Iran war within weeks and threatens NATO withdrawal as global oil crisis deepens
Trump signals US exit from Iran war within weeks and threatens NATO withdrawal as global oil disruption hits historic levels in April 2026.
Albanese warns Australians of months-long economic pain from Middle East war as petrol prices hit historic highs
Australian PM Anthony Albanese warns Middle East war will cause months of economic shocks; fuel excise halved and public transport urged amid historic petrol price surge.
UK PM Keir Starmer outlines five-point plan as Middle East conflict drives up energy bills and threatens trade routes
UK PM Keir Starmer announces household energy relief, a 35-nation maritime coalition, and deeper EU ties as the Middle East conflict disrupts Strait of Hormuz trade routes.
South Africa records largest diesel price increase in history as Strait of Hormuz closure drives fuel shock
South Africa's diesel price rose a record R7.51/litre on 1 April 2026 after Iran's Strait of Hormuz closure. Godongwana cut the fuel levy by R3 to cushion the shock.
Golden Pass LNG achieves first production from Train 1 at Sabine Pass as global supply crisis deepens
Golden Pass LNG's Train 1 achieves first production at Sabine Pass, Texas, as the QatarEnergy-ExxonMobil JV targets Q2 2026 first cargo. Read the full analysis.
Iran drone strike hits fully loaded Kuwaiti oil tanker Al Salmi at Dubai Port, threatening oil spill and escalating Gulf shipping crisis
Iran drone strikes Kuwaiti oil tanker Al Salmi at Dubai Port, damaging hull and starting fire on fully laden vessel; oil spill risk confirmed, 24 crew safe.
Pakistan offers to host US-Iran talks as Islamabad diplomatic push intensifies and Tehran pushes back
Pakistan offers to host United States-Iran war talks in Islamabad. Iran denies participation. Trump claims Tehran accepted most ceasefire demands. Strikes continue.
Iran strikes Kuwait and Dubai as President Pezeshkian warns Gulf neighbours over US military bases
Iran struck Kuwait's airport radar and the UAE's Emirates Global Aluminium plant on March 28-29 as Pezeshkian warned Gulf states not to host enemy operations. Day 31.