President Trump called on countries like the U.K., France, South Korea, Japan and even China to help keep the Strait of Hormuz open as Iran tries to strangle the flow of oil from the region. Charlie D’Agata reports. Source link
With oil markets paralyzed by the war between the U.S. and Iran, the Trump administration is weighing a military operation to escort ships through a vital maritime chokepoint — a massive undertaking that experts say could already be in the preparatory stages. Since the U.S. and Israel’s war with Iran began two weeks ago, more … Read more
Strait of Hormuz becomes focal point of war with Iran – CBS News Watch CBS News Iran continues to harass vessels in the Strait of Hormuz, and the prospect of U.S. naval escorts appears more likely. But when that would occur remains a mystery. CBS News’ Matt Gutman and Aaron MacLean have the latest. Source … Read more
Treasury Secretary Scott Bessent signaled the U.S. Navy may begin to escort oil tankers in the Strait of Hormuz as the Iran war rages on. Mark Cancian, a senior adviser with the Center for Strategic and International Studies’ Defense and Security Department, joins CBS News with more. Source link
Ship traffic in the Strait of Hormuz was mostly stopped amid the war in Iran on Thursday, which contributed to rising oil prices. The waterway typically carries around 20% of the world’s supply of oil. On Wednesday, President Trump ordered the release of 172 million barrels of oil from emergency reserves. In a statement attributed … Read more
Global energy prices remain elevated after Iran’s new Supreme Leader vowed to keep the Strait of Hormuz closed in a statement released Thursday. Laura Sanicola, senior writer for Barron’s, joins “The Daily Report” to discuss. Source link
The logistics of a potential U.S. military plan to open the Strait of Hormuz – CBS News Watch CBS News CBS News national security analyst Aaron MacLean walks through the potential options for a U.S. military mission to reopen the Strait of Hormuz. Source link
Before the U.S. and Israel attacked Iran on February 28, an average of 100 vessels per day would safely traverse the Strait of Hormuz. On Wednesday, only one or two ships crossed the narrow waterway, according to MarineTraffic, a ship tracking website. Reopening the strait, which ordinarily handles some 20% of daily global oil shipments, is widely viewed … Read more
Iran’s state-run media issued on Thursday the first public statement attributed to the Islamic Republic’s new Supreme Leader, Ayatollah Mojtaba Khamenei, since his appointment in the wake of his father and predecessor Ali Khamenei’s killing on Feb. 28, in the initial U.S.-Israeli strikes on Iran. His statement was read out by a presenter on Iranian … Read more
The Iranian regime may have been decapitated in the early moments of the war, but analysts say the second foundational moment of the conflict occurred Wednesday, when a Thai-flagged tanker in the Strait of Hormuz was struck by a projectile. According to a former officer who designed missiles for the U.S. Navy, the ship was likely … Read more