US President Donald Trump on Tuesday (local time) issued a sharply worded statement against Iran, calling on the country to refrain from placing mines in the Strait of Hormuz and warning of military consequences if they are not removed.
Reports indicate a US missile strike hit a school in Khomeyn, central Iran. This comes as the IRGC vowed to "determine" the war's end, rejecting US claims of a "short-term excursion." Amid threats to global oil supplies, Russia and France are pursuing diplomatic and defensive measures to
Crude oil prices could surge to as high as USD 95 to USD 110 per barrel if Iran's oil supply and the Strait of Hormuz face disruption amid ongoing tensions, according to a report by Equirus Securities.
"It's another one in the Hormuz straits outside, not connected to Iran in any way, shipping from UAE to India with 17 Indian nationals on it. It's piracy. Just piracy. Simple, clear piracy. And this shouldn't be allowed," the Israeli envoy said.
London [UK], July 26 (ANI): The British Royal Navy warships will accompany all British-flagged vessels through the Strait of Hormuz, according to a change in policy amid rising tensions in the Gulf region.