The stalemate over the Iran war hardened and commercial shipping in the Strait of Hormuz continued to dwindle.
Source: [NYT Business](https://www.nytimes.com/2026/08/11/business/oil-prices-iran-war-hormuz.html)
Last week reporters Jillian Ambrose and Damian Carrington published a piece which revealed that biggest oil firms made $93bn in profits in three months amid the war in Iran and the climate crisis. They’re online now to to discuss their story and any other questions you might have Ask a question:...
The dueling positions Washington and Tehran staked out showed how far apart the two sides remain even as both talked of winding down regional hostilities.
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The U. S. and Iran are close to agreeing on "some sort of arrangement," Pakistan's defense minister told Bloomberg on Tuesday.
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