Topic

Strait of Hormuz

6 stories from Middle East Affairs.

Iran

Trump says Iran threat to shipping has faded

President Trump said Iran's response to U.S. actions is restrained, as CENTCOM's commander announced the clearing of sea mines from shipping lanes in the Strait of Hormuz.

Energy

Oil steadies near highs as military strikes and tanker attacks weigh on supply

Oil prices held near recent highs on Wednesday as traders assessed the risk of supply disruption following military strikes and attacks on tankers near the Strait of Hormuz.

Markets

UK bond yields hit 16-year high as oil surge stokes inflation fears

The yield on UK 10-year government bonds reached its highest level since June 2008, driven by global market turbulence linked to US-Iran tensions and rising oil prices.

Europe

EU links climate action to energy security and economic survival

European Commission officials argue that climate decarbonisation is essential not only for environmental reasons but also to reduce reliance on volatile fossil-fuel markets and protect Europe's economic competitiveness.

Security & Defence

Burnham pressed on paying for defence buildup

Prime Minister Andy Burnham faced questions about how he will finance a major increase in UK defence spending during his first Prime Minister's Questions in parliament.

Iran

Iran launches missile and drone strikes on U.S. positions across Middle East

Iran launched strikes on U.S. bases and interests in Jordan, Iraq and Bahrain, while a Saudi oil tanker was hit in the Strait of Hormuz with two Philippine crew members killed, in an escalation following American air strikes that killed at least 11 people in southern Iran.

Strait of Hormuz | Middle East Affairs