According to media reports, Iran will now demand toll from shipping companies for oil tankers passing through the Strait of Hormuz, as it wants to maintain its control over it during the ceasefire. ...
The Strait of Hormuz is a very narrow sea route connecting the Persian Gulf to the Indian Ocean, whose width is about 34 kilometers....
Iran has clearly said that it is not going to open the Strait of Hormuz under American pressure. Despite strong warnings from US President Donald Trump, Tehran has put forward its conditions....
After US President Donald Trump's speech, crude oil, which had been falling below $100, suddenly surged to over $105. ...
In a 1987 TV interview, Trump had talked about occupying Iran's oil resources, which is generating new debate today in the era of war and energy crisis in the Middle East....
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