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Live Mint
Live Mint
3 weeks ago

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

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

US President Donald Trump urges allies to send warships to keep the Strait of Hormuz open amid the US-Israel war in Iran. However, no commitments have been made so far. Iran’s IRGC closed the Strait, raising oil to $120/barrel. IEA to release 400 million barrels from emergency stockpiles