Tag: Strait of Hormuz

U.S. Treasury Secretary Scott Bessent has said a deal to reopen the Strait of Hormuz could be reached "today or tomorrow," expressing optimism that ongoing discussions with Iran may soon ...

Global oil markets showed signs of temporary stabilisation on Friday after continued crude shipments through key Middle Eastern shipping routes eased fears of an immediate supply disruption, although traders remain ...

Ghanaian motorists, transport operators and businesses are bracing for another round of fuel price increases after the Chamber of Oil Marketing Companies (COMAC) projected broad upward adjustments for the first ...

UN Secretary-General Antonio Guterres, has, through his Spokesman, expressed concern over renewed hostilities between US and Iran. Deputy Spokesperson Farhan Haq told reporters in New York that the UN Chief ...

Motorists across Ghana who have watched fuel prices climb steadily despite being only halfway through the current petroleum pricing window may soon face further increases if global oil market conditions ...

U.S. Secretary of State Marco Rubio warned ASEAN leaders today that Iran’s demand to control and collect tolls in the Strait of Hormuz would threaten the world’s economy and set ...

U.S. President Donald Trump warned today that the U.S. will destroy one bridge or power plant each time Iran shoots at a ship in the Strait of Hormuz. Trump’s latest ...

The United States has attacked Iran for the ninth consecutive night. The US military revealed that the attacks on Iran were aimed at “degrading Iranian military capabilities used to attack ...

UNICEF has warned that up to 23.4 million additional children could be pushed into monetary poverty by the end of the year as the continuing conflict in the Middle East ...

Motorists across Ghana are expected to pay more for petrol, diesel and liquefied petroleum gas (LPG) from Wednesday, July 16, as rising international oil prices, renewed geopolitical tensions in the ...