Strait of Hormuz: Iran sets new conditions as it eases transit rules
Iran has announced new conditions for ships passing through the Strait of Hormuz, requiring compliance with its security rules and coordination with authorities. The move eases previous restrictions while maintaining strict oversight. The Islamic Republic stated that vessels not supporting military action against Iran and deemed non-hostile may transit the passage safely. Officials conveyed this […]
Philippines declares national emergency over Middle East war following fuel crisis
The Philippines has declared a national emergency following a worsening fuel crisis linked to the ongoing conflict in the Middle East. Authorities say the situation has begun to affect daily life and economic activities. Government officials explained that disruptions in global oil supply have led to rising fuel prices and shortages. The crisis is largely […]
Iran: UK Defence minister gives only solution to rising oil price
The United Kingdom has said that calming the conflict involving Iran is the most effective way to bring global oil prices back to normal. Defence Secretary John Healey explained that tensions around the Strait of Hormuz have pushed crude oil prices close to $100 per barrel. Healey noted that reports suggest Iran may be attempting […]