Oil prices surge more than 3% as US-Iran strikes fuel Hormuz fear
"The Strait of Hormuz is a vital maritime corridor for global trade. Iran does not control it," CENTCOM said following its strikes on dozens of Iranian targets.
"The Strait of Hormuz is a vital maritime corridor for global trade. Iran does not control it," CENTCOM said following its strikes on dozens of Iranian targets.
Initially, the US undertook limited targeted counterstrikes at Iranian assets around Hormuz to convince Iran to back down.
"[Israel] may even use a nuclear bomb. But first it will be surprised by the attack and descend into chaos," Yahya Sinwar wrote in a leaked letter.
There have been no reports of casualties or damage from the apparent missile strikes.
According to a report by FT, the new port would be built in the city of Fujairah, which already has a harbor but lacks the necessary infrastructure to serve as a major export hub.
Information, including from The Jerusalem Post's own Western sources, indicates that Mossad sought to replace Ali Khamenei with Mahmoud Ahmadinejad.
The question now is whether or not Lebanon can step up and control its own territory. Dragging their feet didn't help them; it ruined their lives.
"Our objective is clear: to help build hope, resilience and a better future for the Palestinian people," said Dubravka Suica, the European Commissioner for the Mediterranean.
The Peninsula Shield Force, the joint military arm of the Gulf Cooperation Council, would likely be the key instrument of any collective action, said the analyst.
Muhammad Fneish, a US-sanctioned politician for Hezbollah, met with Iran’s foreign minister Abbas Araghchi in Tehran on July 4 and Iranian Parliament Speaker Mohammad Bagher Ghalibaf on July 5.
Trump said that the US will "immediately" reinstate its blockade of Iran-linked ships in the Strait of Hormuz and charge a 20% fee on all cargo traffic "as a matter of fairness."