"Hefty chunk of non-Iranian crude still getting out, unlike the Iranian crude that isn’t.
Source: [Fortune](https://fortune.com/2026/08/14/iran-strait-of-hormuz-shut-down-trump-9-million-barrels-day/)
Developing story — details emerging. Check the source link for the latest updates.
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US President Donald Trump threatened to declare the Strait of Hormuz US territory after vowing to “finish defeating” Iran in a New York rally on Friday. Tehran rejected the claim on Saturday, with Deputy Foreign Minister Kazem Gharibabadi saying the strategic waterway “will remain Iranian” and c...
Developing story — details emerging. Check the source link for the latest updates.
Russia's wartime economy is under growing strain as its budget deficit widens and analysts warn pressure could intensify next year.
FM Abbas Araghchi says Iran is working with Oman on routes, but Hormuz shipping depends on US meeting conditions.