Tag Archives: Strait of Hormuz

In his recent statement, US President Donald Trump on Friday accused Iran of carrying out drone attacks against the ships with Indians leaving the Strait of Hormuz, saying it was “totally unacceptable.” Three vessels with an Indian crew came under attack off the Oman coast this week. In one of …

Following the Middle East crisis sparked by US-Israeli strikes in Iran, natural gas prices spiked by nearly 50% on Monday after QatarEnergy, one of the world’s biggest exporters, halted production following “military attacks” on its facilities. The oil and gas prices surge, BBC reports, is just as Iran continues to launch …