Donald Trump claimed the US naval blockade of Iranian ports is working and urged Tehran to 'give up,' marking day 62 of the conflict. The statement signals Washington is leaning on economic pressure as a primary lever, cutting off Iran's ability to export goods and receive imports through its ports. Iran has not publicly responded to the latest demand. The blockade, if sustained, squeezes Iran's oil export revenue, which is the country's main source of foreign income. Oil markets are watching closely because any disruption to Iranian supply or a broader escalation in the Persian Gulf could affect global crude flows. The next moves to watch are whether Iran signals any willingness to negotiate, whether allied or neutral shipping is caught in the blockade zone, and whether other Gulf states are drawn into the standoff.
Iranian armed forces attacked a cargo ship in the Strait of Hormuz on Thursday, briefly halting traffic through the waterway. The strike threatens a fragile US-Iran arrangement and could push shipping insurance costs and oil prices higher.
The US has struck Iran, with President Trump citing an Iranian attack on a ship in the Strait of Hormuz as justification. The action raises immediate risks for global oil flows through one of the world's most critical shipping chokepoints.
The US struck ten Iranian targets on the second consecutive day of military action, putting a fragile ceasefire under serious pressure. The escalation raises immediate risks for Gulf shipping, global oil supply, and regional stability.
Venezuela's twin earthquakes, magnitudes 7.2 and 7.5, have killed at least 164 people and injured 971, interim president Delcy Rodriguez confirmed Thursday. The quakes are the country's strongest since 1900, collapsing buildings across Caracas and prompting a state of emergency, with the death toll expected to rise as
