News

Iran's blockade of Strait of Hormuz sends oil prices soaring  DW.com

Trump’s ‘free flow of energy’ vow fails to restart shipping in strait of Hormuz  The Guardian

US considers escorting ships through Strait of Hormuz  شفق نيوز

Strait of Hormuz explained: Why the Iran war threatens global energy flows  Gulf News

EU countries raise alarm over Strait of Hormuz blockade  politico.eu

Saudi Arabian state oil firm calls crisis by far the biggest the region has seen but firm can reroute 70% of exports and tap crude held in storage Business live – latest updates How the Iran conflict could affect energy prices – video explainer Saudi Arabia’s state oil company has warned of “catastrophic consequences” for the world’s oil markets if the US-Israeli war with Iran continues to block shipping in the strait of Hormuz. The world’s biggest oil company expects to be able to export about 70% of its usual crude output despite the stranglehold on the vital trade artery, but its chief executive warned that there would still be “drastic” consequences for the world economy if the disruption continues. Continue reading...

Qatar’s foreign ministry spokesman says years of ignored warnings about unchecked escalation have led to regional war.

Iran’s Larijani says Hormuz will either be strait of peace or strait of defeat  The Times of Israel

Iran Warns Strait of Hormuz Could Turn Into Zone of Suffering  WSJ

Advocacy group Dawn criticise censorship in Bahrain, Qatar during war The advocacy group Democracy for the Arab World Now (Dawn) called on Qatar and Bahrain to "immediately release" those arrested for peaceful expressions related to the ongoing war in the region.  In a statement issued on Tuesday, Dawn's Advocacy Director Raed Jarrar urged the release and dropping of all charges on dissenting voices.  "Sharing information or challenging their government's policies, including their ties to the US or Israel as they wage an unlawful war of aggression, should never be grounds for arrest," he added.  Omar Shakir, the group's Executive Director, said that "freedom of expression does not disappear when the bombs start falling." "Wartime is precisely when people most need to speak freely to share information, question decision-making, express dissent, and hold authorities to account." The latest remarks from Dawn come amid reports by human rights defenders of at least 100 people being arrested in Bahrain due to protesting or expressing views on the war. This includes the detainment of individuals and even seeking the death penalty against some activists. In Qatar, the Ministry of Interior has said that it has arrested over 300 people on charges of spreading "misleading information," including at least one person arrested for "direct insults to the State of Qatar and its institutions".

Panama Canal chief eyes major gains as Iran crisis chokes off Strait of Hormuz shipping route  Fox Business

As investors appear to hedge their bets on persisting war risks, strikes on Gulf energy infrastructure continued on Tuesday, with a drone hitting the region’s largest single-site oil refinery.

Strait of Hormuz return distant as Trump team insists Iran war is ‘very ahead of schedule’  Tradewinds News

Larijani: Hormuz Strait either 'Strait of peace or suffering' Iranian security chief Ali Larijani said in a post on X that the Strait of Hormuz will "either be a Strait of peace and prosperity for all or will be a Strait of defeat and suffering for warmongers". The post, published in several languages, comes amid Tehran's disruption of the vital oil transit route.

Could Trump ‘take over’ the Strait of Hormuz as oil prices rise?  Al Jazeera

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Trump Threatens 'Death, Fire, and Fury’ on Iran If It Blocks Oil Flow  Time Magazine

Qatar seeks to strengthen defence pact with US, foreign ministry spokesman says Qatar wants to strengthen its defence partnership with the US in the wake of Iranian attacks on the country, the foreign ministry spokesperson said on Tuesday. The spokesperson, Majed al-Ansari, told a media briefing that the security partnership with Washington was not in question, but added that deals with Europe and the US need to be strengthened. "The partnerships are the main stop-gap and deterrent against any attack on our country," he said. "When things go out of control and spiral, the result is deterrents do not work... But that doesn't mean you shouldn't have deterrents. You should strengthen these deterrents and that is exactly what are we trying to do right."

More than 43,000 of the 78,500 scheduled flights in and out of the Middle East have been canceled since the war began Feb. 28, according to flight data firm Cirium.

Saudi Aramco Could Restore Output Quickly Once Strait of Hormuz Reopens  WSJ