What to Know About Iran’s Economic Ties With Gulf Countries
The United Arab Emirates, Iran’s most important regional trading partner, announced a total embargo on transactions with Tehran on Tuesday.
Source: New York Times Iran ▾
How the U.S. Navy Is Helping Get Oil Through the Strait of Hormuz
With Iran making ship traffic perilous, a U. S. operation offers a way out for some energy exports, stealthily shepherding tankers on dangerous journeys.
Trump, With Limited Options in Iran, Tries Economic Pressure — Again
Iran has survived decades of sanctions. Faced with more, it is likely to escalate rather than surrender, analysts said.
U.A.E. Halts Trade Ties With Iran and Says It Was Targeted With Missiles
The Emirates has long been a major trading hub for Iran, and analysts say it has been key to Iranian efforts to evade international sanctions, which the country denies.
Gulf Oil Giants Are Spending Billions to Build Ways Around Strait of Hormuz
Even if a cease-fire materializes, Gulf exporters recognize that relying strictly on the Strait of Hormuz is a risk they can no longer take.
Oil Prices Rise to $90 a Barrel Over U.S.-Iran Stalemate
The stalemate over the Iran war hardened and commercial shipping in the Strait of Hormuz continued to dwindle.
Iran, Holding Firm to Hormuz, Pushes for Return to June MOU
The Strait of Hormuz is Iran’s best leverage to get Washington to release Iran’s frozen assets, lift economic sanctions and end its naval blockade.
Small Towns Shouldn’t Have to Defend America’s Water Supply From Iran
Local communities need Washington’s help to fight foreign hackers.
U.S. Sees Iran as Likely Behind Cyberattack on Minnesota Water Systems
Investigators cautioned that the assessment was preliminary. There were no indications that any water supply had been rendered unsafe to drink.
A Global Economy Jolted by an Oil Shock Now Gets a Tariff Reminder
Tariffs are back, but this time there is a war in the Persian Gulf and oil has hit $100 a barrel.
Brent Crude Oil Prices Top $100 as Conflict With Iran Drags On
Stocks in Asia were down following a sell-off in the U. S. markets over soaring oil prices, rising borrowing costs and worries about the technology industry.
Brent Crude Oil Prices Top $100 as Conflict With Iran Drags On
Stocks in Asia were down following a sell-off in the U. S. markets over soaring oil prices, rising borrowing costs and worries about the technology industry.
Dubai Cuts Deal For New Port to Bypass Strait of Hormuz
A Dubai-based logistics giant unveiled a deal with the United Arab Emirates on Wednesday to develop a new port system that would bypass the Strait of Hormuz.
Oil Prices Cross $90 a Barrel as U.S.-Iran Conflict Widens
Brent crude, the global benchmark for oil, rose more than 3 percent as trading resumed on Sunday, while S&P 500 futures remained essentially unchanged.
Russia Bill Broadens Sanctions but Could Fuel Fears Over the Dollar
The Trump administration has recently sought to scale back sanctions as adversaries develop workarounds that some believe could erode the U. S. dollar’s supremacy.
Strait of Hormuz Tanker Traffic Erodes Further as Oil Prices Rise
Very few ships passed through the waterway on the first full day of the U. S. naval blockade of Iran.
Oil Prices Tick Higher as U.S. Reinstates Iran Blockade
The United States reinstated its blockade on Iranian ports in the Strait of Hormuz and shipping slowed to a crawl amid the renewed warfare in the critical waterway.
Trump Drops Plan to Tax Ships in Strait of Hormuz as Fighting with Iran Escalates
The president’s proposal to impose a fee on shipping in the Strait of Hormuz threatened to increase global energy prices.
Gold Trader Who Helped Iran Dodge Sanctions Avoids Prison Sentence
Reza Zarrab’s cooperation exposed a financial pipeline to Iran’s regime, threatening to bring down powerful people in Turkey. A decade later, the case has been closed.
Trump Flip-Flops on Strait of Hormuz, Creating New Risks for Global Economy
The president now wants Gulf nations to invest in the U. S. in exchange for safe passage.