Oil prices drop near $80 as US walks back claim that tanker was escorted through Strait of Hormuz

Trump seeks to lower oil prices with Strait of Hormuz pressure

President Trump is betting on his “fire and fury” rhetoric to reopen the Strait of Hormuz and avoid an oil crisis prompted by his war with Iran. But the strategy, which includes the possibility of Navy warships escorting tankers through the critical waterway or even a U.S. takeover of the area, has not prompted any…

Oil Price Spike Reverses As President Trump Urges Tankers Into the Strait of Hormuz

Greek-Operated Oil Tanker Defied Iranian Threats and Crossed the Strait of Hormuz Carrying a Million Barrels of Saudi Crude Oil

Will other tankers try the crossing? The post Greek-Operated Oil Tanker Defied Iranian Threats and Crossed the Strait of Hormuz Carrying a Million Barrels of Saudi Crude Oil appeared first on The Gateway Pundit.

US Says It Hit 16 Iranian Mine-Laying Ships Near Strait of Hormuz

United States Central Command released video of American strikes that they say destroyed 16 suspected Iranian mine-laying ships near the Strait of Hormuz. It comes as Iran has threatened to shut the vital shipping route for 20% of the world’s oil and natural gas. NBC’s Richard Engel reports for TODAY from Jerusalem.

Iran War: U.S. Navy will escort oil tankers through Strait of Hormuz when 'militarily possible,' Bessent tells Sky News

The Strait of Hormuz has been effectively closed to shipping because of the war against Iran by the U.S. and Israel.

US Escorted an Oil Tanker Through the Strait of Hormuz, Energy Secretary Says

The US Navy escorted an oil tanker through the Strait of Hormuz, in a first step toward the administration’s efforts to unblock millions of barrels of Middle East oil trapped inside the Persian Gulf.

US destroys 16 Iranian mine boats as Strait of Hormuz oil showdown escalates

U.S. forces destroyed 16 Iranian mine-laying vessels near the Strait of Hormuz as oil traffic stalls through the critical shipping corridor amid rising tensions.