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Hegseth says US ‘more than capable’ of restarting Iran attacks as Trump weighs 60-day ceasefire extension
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Hegseth says US ‘more than capable’ of restarting Iran attacks as Trump weighs 60-day ceasefire extension

Hegseth's remarks came hours after Trump emerged from a two-hour Situation Room meeting to make a "final determination" on the framework, even as Iran's Foreign Ministry said the deal "has not yet been finalised".

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Trump meeting to make ‘final determination’ on Iran deal said to end with no decision
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Trump meeting to make ‘final determination’ on Iran deal said to end with no decision

Tehran denies US president's suggestion that agreement announced by White House includes nuclear concessions; deal includes $300B fund for Iran's reconstruction, sources tell NYT

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Iran War: US Attacks Iran for Second Day as Trump Rejects Leaked Iranian Outline of Terms, Threatens to Bomb Oman; US Draining of Strategic Petroleum Reserve to Contain Energy Prices Means Energy Cliff Arrives Sooner | naked capitalism
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Iran War: US Attacks Iran for Second Day as Trump Rejects Leaked Iranian Outline of Terms, Threatens to Bomb Oman; US Draining of Strategic Petroleum Reserve to Contain Energy Prices Means Energy Cliff Arrives Sooner | naked capitalism

naked capitalism·Yves Smith·3 days ago
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Today's Iran war update: The US and Iran trade blows as Trump forcefully rejects fundamental Iran demands and Israel pounds Lebanon.

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Prolonged Strait of Hormuz Closure Could Upend Global Economies, Energy Sector Survey Says
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Prolonged Strait of Hormuz Closure Could Upend Global Economies, Energy Sector Survey Says

#enr#prolonged#strait#hormuz#closure#upend

Shutdown of shipping through Persian Gulf is far more than an energy crisis,” says Wood-Mackenzie analysis—as contractor McDermott International sees growth in region infrastructure restoration work.

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Iran says Chinese ships passed through Hormuz overnight
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Iran says Chinese ships passed through Hormuz overnight

dw.com·Deutsche Welle·18 days ago
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#sm#post#navigation#iran#chinese#ships

Chinese-flagged vessels were among over 30 ships that crossed the waterway, according to Iran's revolutionary guard. The statement comes as Trump tries to rally Beijing against Tehran during a state visit.

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Hormuz oil flows creep higher as more supertankers exit
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Hormuz oil flows creep higher as more supertankers exit

The Japan Times·Alex Longley·18 days ago
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#iran#us#shipping#trade#straitofhormuz#hormuz

Four ships each hauling 2 million barrels of mostly-Iraqi crude have exited since May 10 — a rate close to 2 million barrels a day — according to vessel tracking data.

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Iran allows Chinese ships to sail through the Strait of Hormuz
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Iran allows Chinese ships to sail through the Strait of Hormuz

New York Post·Ronny Reyes·18 days ago
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Iran is allowing some vessels to pass through the Strait of Hormuz on Thursday following talks with Beijing ahead of President Trump’s meeting with Chinese leader Xi Jinping.

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