As the US-Iran war makes shipping charges expensive, the Panama Canal is expected to gain more revenue
Kuwait Airways is rescheduling the majority of its commercial flights after an Iranian drone attack caused the closure of Kuwait's airspace
The US Central Command maintains that the strikes were intended to further degrade Iran's military capabilities
While Iran's state media acknowledged a US attack on a 'maritime surveillance tower' at the Shahid Kalantari port, they did not confirm the extent of damage or Hegseth's specific image
The US naval blockade against Iran saw US Marines board the M/T Wan Yao, a suspected "shadow fleet" oil tanker, in the Sea of Oman
This comes as threat levels in the Strait of Hormuz have again been set to 'severe' by the UK Maritime Trade Operations, amid recent attacks on 3 ships
Iran's request to the Houthis comes after the US Navy blockade resumed in Hormuz after the 14-point peace plan fell apart, which has led to fresh hostilities
This comes after renewed US-Iran tensions led to the deaths of at least two Indian seafarers aboard three attacked ships over the past few days
These discussions follow renewed attacks in the Strait of Hormuz and include options to target fortified nuclear sites like Pickaxe Mountain to pressure Tehran into negotiations
Iran will not "have anybody left" if it refuses to strike a deal with Washington, says Trump
As the West Asia war continues, a proposed increase in shipment charges is causing fresh worries regarding India’s oil prices
Trump's naval blockade and Hormuz toll mark a sharp escalation, and a reversal of the administration's own position
Among the eight injured crew members, six are Indian nationals and two are Ukrainians
Iran's Islamic Revolutionary Guard Corps had earlier declared that it would not allow Washington to intervene in the management of the crucial waterway
Iranian media claimed a telecommunications official was killed and two others were injured in a US strike on Farur Island
An Indian national is missing following an alleged Iranian attack on the Cyprus-flagged commercial ship GFS Galaxy in the Strait of Hormuz, near Oman, which sustained significant engine room damage
If Iran refuses to cooperate, the US has indicated that consequences will follow, both militarily and economically
The Strait of Hormuz conflict has sharply intensified as a US-Iran truce collapses, leading to American airstrikes on over 170 Iranian military targets and retaliatory Iranian attacks on Gulf assets
Iran has, for years, has threatened to retaliate against Trump for US's alleged role in the killing of Qassem Soleimani, the former commander of the Islamic Revolutionary Guard Corps' Quds Force during the president's first term
Washington cancelled its sanction waiver for Iranian crude, underscoring the volatility of the sanctions landscape
US-Iran tensions on oil prices have intensified after President Donald Trump declared the June 17 ceasefire pact "over" at a NATO meeting in Ankara
The rapid intensification of hostilities has caused immediate market volatility, with oil prices surging more than five per cent and global stocks falling sharply
The US president says the meeting could take place as early as next week after his from the NATO summit
The weeklong itinerary planned for Khamenei's funeral constitutes an exercise in symbolic and geographic positioning
The multi-day funeral of Ayatollah Ali Khamenei, which is taking place amid a fragile pause in hostilities between Iran and US-Israel forces, marks a key turning point in the four-month-long war
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