"Ships from countries siding with the US in imposing sanctions on Iran would face difficulties crossing the Strait of Hormuz, Iran's army said. Iran army spokesperson Mohammad Akraminia told the official IRNA news agency that the Islamic Republic had established a "new legal and security system" in the strait, meaning any vessel crossing it must coordinate its passage with Iran. Akraminia said the system was "now in force," adding that it would bring "economic, security and political gains" for the Islamic Republic."
"A UN resolution drafted by the US and Bahrain has called on Iran to stop all restrictions on vessels transiting the Strait of Hormuz. The statement links the demand to the broader dispute over Iran’s control measures in the strait, placing pressure on Iran to allow transit without additional coordination requirements."
"Saudi oil company Aramco reported a 25.5% increase in first-quarter 2026 profit compared with the same period a year earlier. The gains followed a spike in oil and gas prices amid the war between the US, Israel and Iran. In a statement to the Saudi stock exchange, Aramco said quarterly net incom"
Iran’s army says a new legal and security system is now in force in the Strait of Hormuz, requiring any vessel crossing the strait to coordinate its passage with Iran. Iran frames the system as delivering economic, security, and political gains. A UN resolution drafted by the US and Bahrain calls on Iran to stop all restrictions on vessels transiting the Strait of Hormuz. Separately, Saudi oil company Aramco reports a 25.5% increase in first-quarter 2026 profit year over year, attributing gains to a spike in oil and gas prices amid the US, Israel, and Iran conflict. Kuwait reports drone activity in its airspace, and a ship was struck off Qatar as a US-Iran ceasefire is tested.
Read at www.dw.com
Unable to calculate read time
Collection
[
|
...
]