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.
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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.
Global crude oil prices reach highest in a month as West Asia simmers
New York [US], July 14 (ANI): Oil prices are on the rise again as the interim peace agreement between Iran and the US frays, leading to renewed strikes between the two sides and dimming hopes of a durable peace in the region.
Trump says Iran, Hezbollah might be added to sanctions bill
Trump says Iran, Hezbollah might be added to sanctions bill Trump said in comments to reporters at the White House on Tuesday that Iran and the Lebanese group Hezbollah might be added to the Russia sanctions bill currently under consideration by the US Congress. This comes after renewed tensions between the US and Iran appear to have ended the interim agreement signed by the nations aimed at a cessation of hostilities in the region.
Trump: US investment deals with Gulf states to replace Hormuz fee
Trump: US investment deals with Gulf states to replace Hormuz fee Donald Trump announced on Tuesday that the US will take trade and investment deals with the Gulf states instead of the 20 percent levy he previously proposed for ships to pass through the Strait of Hormuz. “Based on highly productive conversations with Middle East leadership, I have decided to replace the 20 percent United States Reimbursement Fee with Trade and Investment Deals that the various Gulf States will be making into the United States,” he stated in a post to Truth Social. This comes only a day after Trump announced the introduction of the fee, writing on the social media platform that “we are reinstating THE IRANIAN BLOCKADE”, and declaring that the US will be “reimbursed” for its job as the “GUARDIAN OF THE STRAIT”.
Only four ships cross Strait of Hormuz in sharp fall in traffic
Only four ships cross Strait of Hormuz in sharp fall in traffic Only four vessels have crossed the Strait of Hormuz since this morning, marking the lowest level of shipping traffic since the memorandum of understanding was signed on 17 June. Data from the MarineTraffic tracking platform showed that one oil tanker and three container ships made the passage. All four vessels had departed from ports in Oman and the United Arab Emirates.
UK opposes US plan to impose Strait of Hormuz tolls
UK opposes US plan to impose Strait of Hormuz tolls The UK government says it is pressing the Trump administration for details of its plan to impose a 20 percent toll on cargo passing through the Strait of Hormuz. Britain opposes the proposed charge and says vessels must be able to use the strategic waterway without paying tolls. The prime minister’s official spokesperson said the government’s “priority is stability and a return to the ceasefire between the US and Iran and we continue to work with our allies to support a long-lasting peace deal”.
Brazil registered zero direct oil exports to Israel in 2025 in victory for boycott campaign
Brazil registered zero direct oil exports to Israel in 2025 in victory for boycott campaign Submitted by Alex MacDonald on Tue, 07/14/2026 - 12:17 Campaigners hail new figures on direct oil exports but point out more is needed to prevent third party sales Brazilians and Palestinians arrive from Gaza arrive at Brasilia Air Base on 13 November, 2023 (AFP/Evaristo Sa) Off Brazil registered zero direct oil exports to Israel in 2025, with campaigners claiming it as a victory for the boycott campaign. According to the 2026 Statistical Yearbook of the National Petroleum Agency (ANP) released at the end of June, Brazil did not export oil directly to Israel in 2025. The Boycott, Divestment and Sanctions (BDS) movement said the move was a result of pressure applied on the Brazilian government and corporations.
Trump Drops Hormuz Transit Fee
New posts 17:58 Trump Drops Hormuz Transit Fee, Turns to Gulf Investment Deals US President Donald Trump US President Donald Trump has walked back his plan to charge a 20 percent fee on cargo shipped through the Strait of Hormuz, replacing it with proposed trade and investment agreements with Persian Gulf states.
US Ratchets Up Pressure On Iran With New Sanctions
New posts 23:08 New US Measures Target Iran's Sanctions Evading Network By RFE/RL The US Treasury has announced a series of moves to increase pressure on Iran's sanctions evading network, especially targeting Mohammad Hossein Shamkhani, which it says remains a "major force" behind Tehrans oil export
Trump’s Plan to Charge a Toll in the Strait of Hormuz: What to Know
President Trump announced a 20 percent fee on cargo through the waterway, despite his own administration’s position that such fees violate international law.
Brazil's Lula slams Trump's Hormuz tariff plans as "piracy"
Sao Paulo [Brazil], July 14 (ANI): Brazilian President Luiz Inacio Lula da Silva has accused US President Donald Trump of turning America into a 'pirate' state after Washington announced plans to charge ships a 20 per cent fee for transiting the Strait of Hormuz, one of the world's busiest maritime chokepoints.
Iran says oil exports ongoing, despite cancellation of US waivers
Iran says oil exports ongoing, despite cancellation of US waivers Iran's oil exports are continuing as usual in spite the US cancelling its 60-day waiver of oil sanctions last week, oil minister Mohsen Paknejad said. Paknejad indicated that the country's oil ministry had maintained a framework to neutralise the impact of Washington's sanctions on Tehran for years, adding that the oil exports would face no issues in such circumstances.
'Hormuz blockade only for Iran and anybody doing business with them': Trump
Washington DC [US], July 14 (ANI): US President Donald Trump on Monday (local time) announced that American forces will reimpose a naval blockade in the Strait of Hormuz targeting Iran, while allowing vessels from other nations to continue transiting through the strategic waterway.
US to resume maritime blockade of Iranian ports from July 14: CENTCOM
Washington [US], July 14 (ANI): The United States on Monday (local time) announced that it will resume blockading maritime traffic entering and exiting Iranian ports starting July 14 evening.
Trump’s Strait of Hormuz Fee Could Double the Cost of Shipping
The potential expense of a 20 percent charge to move oil and other goods through the strait has stirred concern among shippers.
US to reimpose Iran blockade on JCPOA anniversary
US to reimpose Iran blockade on JCPOA anniversary The US says it will reimpose its naval blockade of Iran on Tuesday, on what would have been the 11th anniversary of the signing of the Joint Comprehensive Plan of Action. The landmark nuclear deal was finalised in Vienna on 14 July 2015 after being agreed by Iran, Britain, China, France, Germany, Russia and the US. Under the terms of the deal, Iran scaled back its uranium enrichment programme and pledged not to pursue nuclear weapons.
Trump says US is 'Guardian of the Hormuz Strait', reinstates Iran blockade; announces charge for providing safety
Washington, DC [US], July 13 (ANI): US President Donald Trump on Monday (local time) said that the United States is 'reinstating' the Iranian blockade and said that the US will charge '20 per cent' to provide security to the Strait of Hormuz, a strategic gateway.
Trump reinstates Iran port blockade and vows 20% charge on cargo passing through Hormuz
The US president also says Washington will impose a 20% charge on all cargo shipped through the Strait of Hormuz.
US citizen found guilty of violating Iran sanctions
US citizen found guilty of violating Iran sanctions An American citizen has been found guilty of violating US sanctions on Iran by a federal jury in Boston. Mahdi Mohammad Sadeghi was charged with conspiring to unlawfully export electronic components to Iran and was also accused by prosecutors of helping an Iranian business associate circumvent US export control laws two years ago. The Massachusetts resident had worked at Analog Devices before his arrest in December 2024.
