"Prices are inelastic downwards": Former Lebanese PM warns Hormuz reopening won't provide instant economic relief

Jun 17, 2026

Speaking to ANI, Siniora emphasised that the inflationary shock caused by the closure of this vital maritime chokepoint has already become baked into global...

Iran navy claims 32 vessels crossed Strait of Hormuz under IRGC clearance

May 25, 2026

According to Tasnim news agency, Iran allowed 32 commercial vessels to cross the Strait of Hormuz after vetting them through the IRGC Navy. The...

"Ensuring Strait of Hormuz remains open, secure is essential": PM Modi to President Trump

Mar 24, 2026

PM Narendra Modi and US President Donald Trump discussed de-escalating West Asia tensions and keeping the Strait of Hormuz open. Amid these high-level talks,...

"Chokepoint vulnerability": Middle East conflict raises worries on fertiliser supplies worldwide

Mar 18, 2026

Industry experts warn that the lack of diversification in the global urea supply chain has created a single chokepoint vulnerability, making it susceptible to...

Iran seizes US-bound oil tanker in Gulf of Oman

Apr 29, 2023

The waters where the US-bound ship was seized, near the Strait of Hormuz, are a chokepoint for at least a third of the world's...

"Hopelessly wedged": Iranian mission mocks Trump with AI parody of Strait of Hormuz "chokepoint"

May 08, 2026

Iranian diplomatic missions are using AI-generated parodies to troll US President Donald Trump. Clips include Trump getting a Tesla stuck in a "Strait of...