Strait of Hormuz – THE OVAL CIRCLE

‘Failure of US sanctions’: Iran launches first oil terminal in Gulf of Oman to bypass Strait of Hormuz

Posted on July 24, 2021July 24, 2021By Editor

Iran has opened its first oil terminal in the Gulf of Oman and referenced the “failure” of US sanctions to deter its progress. It will allow oil exports to bypass the Strait of Hormuz, which has recently seen multiple incidents. … Read More >‘Failure of US sanctions’: Iran launches first oil terminal in Gulf of Oman to bypass Strait of Hormuz

Oil prices surge after Iran says missiles struck its tanker near Saudi Arabia

Posted on October 12, 2019October 12, 2019By Editor

The price of crude oil rose sharply on Friday morning after Iranian officials said that two rockets had struck an Iranian tanker traveling through the Red Sea. … Read More >Oil prices surge after Iran says missiles struck its tanker near Saudi Arabia

World

Saudi Arabia joins US-led naval patrols in Strait of Hormuz

Posted on September 18, 2019September 21, 2019By Editor

Riyadh has enlisted in a US-led coalition aimed at protecting merchant ships as they travel through the Strait of Hormuz. The waterway has become a hotspot amid rising tensions with Iran. … Read More >Saudi Arabia joins US-led naval patrols in Strait of Hormuz