US Secretary of State Marco Rubio said the US will not accept Iranian control over or toll collection in the Strait of Hormuz, as President Donald Trump met with senior security advisors on Monday to review an Iranian proposal linked to the waterway. The White House confirmed the meeting took place amid broader negotiations over the war involving Iran. The Strait of Hormuz is the narrow passage between the Persian Gulf and the Gulf of Oman through which roughly a fifth of the world's oil supply moves daily. Any disruption or Iranian gatekeeping there would directly affect global energy prices and shipping costs. Rubio's statement signals that the US is drawing a hard line on freedom of navigation even as diplomatic talks continue. The Iranian proposal, which reportedly involves reopening the strait as part of a broader deal, suggests Tehran may be using access to the waterway as leverage in negotiations. Energy markets and shipping insurers will be watching closely for any sign that talks are stalling or that the US may move toward a harder posture if negotiations break down.
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
