The UK will not take part in the proposed US blockade of the Strait of Hormuz, setting up yet another point of contention between President Donald Trump and Prime Minister Keir Starmer over the conflict in Iran. The British government said in a statement Sunday that it continued to call for freedom of navigation and…
The US Central Command has said that the United States forces would begin implementing the blockade of all maritime traffic entering and exiting Iranian ports at 10 am ET (7.30 PM IST) on 13 April. It would be “enforced impartially against vessels of all nations entering or departing Iranian ports and coastal areas, including all…
Oil headed for the biggest weekly gain since late October, as traders tracked a partial US blockade of crude shipments from Venezuela and a military strike by Washington against a terrorist group in Nigeria. US benchmark West Texas Intermediate was steady above $58 a barrel, more than 3% higher this week, the most since the…
