Iran Establishes New Authority to Regulate and Toll the Strait of Hormuz

Iran’s Supreme National Security Council announced on Monday the formation of the Persian Gulf Strait Authority (PGSA), a new body designed to manage and oversee
Iran Grants Chinese Vessels Passage Through Blockaded Strait of Hormuz

Iran’s Revolutionary Guards announced on Thursday that naval forces have begun allowing a selection of Chinese vessels to transit the strategic Strait of Hormuz, marking
Earthquake Rattles Iran’s Capital City, Tehran, and Surrounding Areas

A magnitude 4.3 earthquake struck the Iranian capital of Tehran late Tuesday night, according to reports from the U.S. Geological Survey (USGS). The tremor occurred
Oil Prices Surge as Trump Rejects Iranian Peace Terms

Oil prices climbed sharply on Monday following President Donald Trump’s blunt dismissal of Iran’s counter-proposals for ending the conflict in the Middle East. Labeling Tehran’s
NNPC Hikes Crude Prices Amid Escalating US-Iran Conflict

The Nigerian National Petroleum Company Limited (NNPC) has significantly raised the official selling prices for all 37 grades of Nigerian crude for May-loading cargoes. According
Trump Convenes Top Security Team as Iran Negotiations Reach Impasse

U.S. President, Donald Trump. is scheduled to meet with his senior national security and foreign policy advisors on Monday to determine the next steps in
Iran Seizes Two Ships Attempting To Cross Strait Of Hormuz

Iran’s Islamic Revolutionary Guard Corps (IRGC) announced on Wednesday that its naval forces intercepted and seized two commercial vessels attempting to transit the strategic Strait
France, UK to Host Security Talks on Strait of Hormuz Amid Global Shipping Concerns

France and Britain will co-host a virtual summit on Friday with allied countries to discuss a “purely defensive mission” aimed at securing the Strait of