Iran’s draft law would bar US and Israeli ships from Hormuz and fine violators up to 20% of cargo value; Trump hunts ‘leakers’ over dwindling munitions.
Tag: oil prices
Earth Changes Aug 6, 2026Iran, Oman Near Deal on Strait of Hormuz
Iran and Oman are close to reaching an agreement on the Strait of Hormuz, with a deal potentially being announced soon.
Earth Changes Jul 26, 2026US Pauses Iran Strikes as China Pushes for Peace Talks
This decision comes as China is promoting renewed US-Iran diplomatic negotiations, with Pakistan joining the mediation efforts (Ibtimes, 2026).
Economics Jul 21, 2026US Crude Reserves Hit a 45-Year Low as a Second Strait Goes Dark: What It Means for the Average Family
US crude reserves hit 45-year low as Yemen’s Houthis blockade Bab-el-Mandeb Strait, affecting oil prices
Economics Jul 20, 2026Record Oil Profits, Stagnant Wages: What Big Oil’s Earnings Mean for the Average American at the Pump
Big Oil’s record $91 billion profit in 2022 outpaced stagnant wages, with CEOs earning 200 times more than median employees.
Earth Changes Jul 19, 2026US Strikes Iran for 7th Night as Tensions Escalate
US launches airstrikes against Iran for 7th night as tensions escalate
Earth Changes Jul 8, 2026World War 3 Fears Rise: Inside the Real Escalation Behind This Week’s Panic — Iran, Hormuz, and the End of Nuclear Limits
World War 3 fears rise due to escalating events in Strait of Hormuz and expired US-Russia nuclear arms treaty