Trump also repeated his demand for Iran to pay the U.S. back.

President Donald Trump signaled that the US will emphasize economic pressure on Iran as strikes remain on pause. Follow for ...

President Trump signaled he would be piling economic pressure on Tehran as the stalemate continued and Iran laid out new ...

The Strait of Hormuz is the world's most critical oil chokepoint, with roughly one-fifth of global oil and LNG shipments transiting the waterway. Its partial or full closure has direct consequences ...

Alhajji says the key risk remains the Strait of Hormuz, explaining why most proposed bypass pipelines or canals are no longer ...

President Trump suggested the US is prepared to hold off on new military action against Iran to watch economic pressure on ...

President Trump signaled he’s prepared to let economic pressure on Iran build rather than launch fresh military strikes to force a reopening of the Strait of Hormuz, even as the Islamic Republic ...

Oil rose about 3% on Monday after Tehran said the U.S. must lift its blockade, end sanctions, and pay reparations before the strait can reopen ...

The situation regarding the Strait of Hormuz has reached a critical juncture, with Iran setting steep demands for its reopening amidst ongoing tensions with the U.S. Despite hopes that a deal ...

A spokesman for the Iranian Foreign Ministry said that talks with Oman on shipping routes in the Strait of Hormuz were “separate” from discussions to fully reopen the waterway.

Iran says it is close to a final deal with Oman to reopen the Strait of Hormuz, but before that happens, Iran has some tough conditions for the U.S.

A statement from Oman’s Environment Authority said the oil slick covered approximately 150 square miles based on its latest analysis that included satellite imagery.