Strait of Hormuz - Page 4

  • A drone view shows the Malta-flagged tanker Agios Fanourios I, an oil tanker that sailed through the Strait of Hormuz, arriving in Iraq’s territorial waters off Basra, Iraq, April 17, 2026. (Photo: Reuters)
  • A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. (Photo: Reuters)

Oil prices fall a second day as Trump indicates possible Iran peace deal

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MELBOURNE, May 6 (Reuters) – Oil prices fell for a second day on Wednesday on expectations bottled up supply from the key Middle East ​producing region could resume flowing after U.S. President Donald Trump indicated a possible peace deal ‌may be reached to end the war with Iran. Brent crude futures for July fell $1.52,

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U.S. President Donald Trump speaks during an event with Artemis II astronauts in the Oval Office at the White House in Washington, D.C., U.S., April 29, 2026. (Photo: Reuters)

Trump says Iran “should wave the white flag of surrender”

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WASHINGTON, May 5 (Reuters) – President Donald Trump on Tuesday dismissed ​Iran’s military capability and said Tehran “should wave ‌the white flag of surrender” but is too proud to do so. Trump told reporters in ​the Oval Office that Iran’s military ​has been reduced to firing “peashooters” and ⁠that Tehran privately wants to make a

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  • Vessels in the Strait of Hormuz near Bandar Abbas, Iran, May 4, 2026. (Photo: Reuters)
  • People walk past a billboard with a graphic design about the Strait of Hormuz on a building, in Tehran, Iran, May 4, 2026. (Photo: Reuters)
  • People walk past a banner depicting the late leader of the Islamic Revolution Ayatollah Ruhollah Khomeini, late Supreme Leader of Iran Ayatollah Ali Khamenei and Iran's new Supreme Leader Mojtaba Khamenei, in Tajrish Square in Tehran, Iran, May 4, 2026. (Photo: Reuters)

Middle East truce in doubt as US and Iran fight for control of Strait of Hormuz

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DUBAI/WASHINGTON, May 5 (Reuters) – A fragile truce in the Middle East was under strain on Tuesday after the U.S. and Iran exchanged fire ​in the Gulf as they wrestled for control of the Strait of Hormuz. Iran’s parliament speaker, Mohammad Baqer Qalibaf, said in a social media post on Tuesday breaches of the four-week-old

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