U.S. is letting Iranian oil tankers through the Strait of Hormuz, Bessent says

Treasury Secretary Scott Bessent says the U.S. is allowing Iranian oil tankers through the Strait of Hormuz to keep global oil markets well supplied. [...]

Iran restricts internet access to ward off Israeli cyberattacks

People in Iran have been having difficulties accessing internet services, mostly foreign websites and messaging apps like WhatsApp. According to The New York Times and NBC News, it was the government& [...]

Iran in talks with Oman on Strait of Hormuz toll system as diplomacy stalls

Iran's newly created Persian Gulf Strait Authority has declared authority over strait passage as U.S.-Iran peace negotiations remain deadlocked [...]

DOJ to disband its cryptocurrency enforcement unit

The US Department of Justice has disbanded its unit focused on prosecuting cryptocurrency scams. Deputy Attorney General Todd Blanche announced the end of the National Cryptocurrency Enforcement Team [...]

Bessent says the U.S. is letting Iranian oil tankers through the Strait of Hormuz

The Treasury secretary predicted that oil prices will fall "much lower" than $80 a barrel once the Iran war ends [...]

Oil falls to $90 and stocks soar as Iran opens Strait of Hormuz

A top Iranian official declared the Strait of Hormuz "completely open" to commercial vessels during the Israel-Lebanon ceasefire [...]

Airline and cruise stocks rise as the Strait of Hormuz reopening eases travel fears

United Airlines and Royal Caribbean stock led S&P 500 gains after Iran declared the Strait of Hormuz open to commercial traffic [...]

Americans may be stuck with $4 gas for a while

Since the Iran war ceasefire as shaky at best, most shipping firms still believe routing oil and gas tankers through the Strait of Hormuz is too risky [...]

Vance says the U.S. expects the Strait of Hormuz to reopen toll-free for good

The vice president said details will be worked out in technical negotiations, but shippers warn the current terms lack clarity on timing and safe routes [...]