Strait of Hormuz

Gas Prices Fall Toward $4 a Gallon as Oil Posts Sharp Weekly Drop
The national average for regular gas slipped to about $4.04 on Saturday after crude oil fell more than 12% in a week.…

U.S. Strikes Iranian Air Defenses on Qeshm Island, Launches Border Task Force
President Trump called Friday’s strike on an Iranian air defense system near Hormuz “minor,” as CENTCOM unveiled a new task force and…

Iran Says U.S. Vote Rejected War as New Tanker Fires Hit Hormuz
Iranian leaders said the midterm results show Americans oppose the war, while President Trump said he would do it again. Overnight, more…

Your Morning Briefing: Thursday, November 5: House Leadership Races, Hormuz, Markets
Democrats’ takeover of Congress sets off leadership races in the House, while tanker fires near Hormuz and a busy economic calendar shape…

Iran Says 4 Tankers Hit Mines Near Hormuz as Trump Weighs Larger Strike
Iran’s Revolutionary Guard says four tankers were destroyed by mines south of the Strait of Hormuz and two ships seized, as President…

U.S. Strikes Near Hormuz as Qatar-Led Iran Peace Talks Grind On
U.S. forces hit Iranian targets near the Strait of Hormuz after Iran fired on a U.S. aircraft, officials said, while Qatar and…

Oil Prices Post Biggest Drop in Months as U.S.-Iran Talk Hopes Grow
Crude oil fell more than 7% Monday on signs of renewed U.S.-Iran diplomacy, and gas prices are easing, but analysts warn the…