
American strikes target Iranian missile positions on Larak Island
On Sunday, the US military attacked two launcher sites on Larak Island belonging to Iran. According to a US official, troops from the Islamic Revoluti
The Strait of Hormuz is a narrow waterway between Iran and Oman that serves as a critical route for global oil shipments. It is in the news as Iran discusses conditions for reopening it amid falling shipping traffic and Japan's push for alternative pipelines.
32 stories from Aug 25, 2026 to Sep 2, 2026 · Economy desk

On Sunday, the US military attacked two launcher sites on Larak Island belonging to Iran. According to a US official, troops from the Islamic Revoluti

U.S. Treasury Secretary Scott Bessent is using a G20 meeting in Asheville, North Carolina this week to press finance leaders to reduce trade imbalance

US forces attacked Iranian rocket launchers positioned on an island in the Strait of Hormuz, marking the first military operation in the region in wee

Iranian leaders are acknowledging the economic cost of war with the United States. The president has reported that American sanctions and blockade hav

Qatar's prime minister pressed Tehran on freedom of navigation as mediators seek to restore shipping through the vital waterway six months into the wa

Preliminary tracking data released Friday showed Thursday's vessel transits through the strait dropped from the previous day and undercut the 10-day n

A phased plan for a joint navigational corridor through the strait was discussed, Omani Foreign Minister Badr Albusaidi said.

Tokyo is moving to support pipeline routes that would let oil shipments avoid the narrow Gulf chokepoint.