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Back to homepageCrude surges past US$100 as Hormuz standoff drags on
TOKYO April 23 — Oil prices jumped 4 per cent Thursday after Iran vowed not to reopen the Strait of Hormuz so long as a US naval blockade remained in place despite a ceasefire extension. At around 0025 GMT, the
Read MoreNew escalation: Iran keeps Hormuz shut, warns ceasefire depends on US move
TEHRAN, April 22 — Iran vowed Wednesday not to reopen the Strait of Hormuz so long as a US naval blockade remained in place despite a ceasefire extension, as it announced the seizure of two ships trying to cross the
Read MoreNo peace in sight: Iran seizes ships as oil surges past US$100, Trump delays strikes
WASHINGTON/DUBAI/ISLAMABAD, April 23 — Iran seized two ships in the Strait of Hormuz on Wednesday, tightening its grip on the strategic waterway after US President Donald Trump called off attacks with no sign of peace talks restarting. Trump maintained the
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