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US-Israel, Iran conflict: Trump’s appeal to allies to send ships to reopen Hormuz brings no promises yet

Buzz line1 month ago05 mins

US President Donald Trump on Saturday (local time) asked US allies like France, Japan, South Korea, Britain, and China, among others, to send their warships to keep the Strait of Hormuz “open and safe”. However, the appeal has not brought any commitments so far on Sunday, as oil prices jumped during the war, AP reported….

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US, Israel attack Iran in a joint operation: What does it mean for the global oil market?

Buzz line2 months ago07 mins

The United States and Israel on Saturday (local time) launched strikes in a joint operation targeting Iran’s military and naval forces. US President Donald Trump’s decision to target Tehran has raised new risks for a major portion of the world’s oil supply, Bloomberg reported. Tehran is responsible for nearly 3.3 million barrels of oil per…

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