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Iran says its proposal could reopen the strait and pause regional fighting within seven days if the US agrees. Reuters could not immediately confirm a Wall Street Journal report that Trump rejected the offer.
U.S. equities extended their winning streak to a third session Monday, with a fourth consecutive slide in crude oil relieving pressure on Treasury yields and clearing the runway for a semiconductor-led rally that lifted the Nasdaq 100 to a three-month high. • Intel stock is charging ahead with explosive momentum. Why i
US Rear Admiral Matt Kawas stated that the Strait of Hormuz remains open for lawful commercial transit, with US forces coordinating over 2,000 transits and averaging more than 400 monthly. This contrasts with Dutch fleet commander Rear Admiral George Pastoor's assessment that shipping through the strait is "completely
Iran’s IRGC Navy says it destroyed a U.S. unmanned vessel at the entrance to the Strait of Hormuz, identifying it as hull number 5838. It also says Hormuz remains blocked under Iranian control and warns hostile vessels will be targeted, though the claims are not independently verified.
StealthGas reported second-quarter 2026 revenue of $42.8 million and profit of $17.3 million, with cash above $250 million after prepaying over $350 million of debt.
Diesel refining margins surged to about $100/bbl on Tuesday after reaching $102/bbl on Monday, according to Bloomberg, as the Iran war tightens global fuel supplies.
President Donald Trump said Americans would keep grappling with high gasoline prices amid the war with Iran, while GasBuddy’s Patrick De Haan said consumers are paying $2.35 billion more each week.
U.S. stock futures are modestly higher as traders weigh cooling inflation data, July PPI due at 8:30 a.m. ET, and ongoing Middle East geopolitical tensions.
The Strait of Hormuz remains blocked until Iran's conditions are met
The Strait of Hormuz remains blocked until Iran's conditions are met
Rubio says U.S. remains open to Iran talks, warns against Strait of Hormuz disruption • Rubio said the U.S. remains committed to diplomacy if Iran engages seriously in negotiations. • He warned Iran must not control or disrupt shipping through the Strait of Hormuz, calling it a dangerous global precedent if a