The Strait of Hormuz matters because it is one of the world’s most important energy routes. The International Energy Agency says around 20 million barrels per day of crude oil and oil products moved through the strait in 2025, equal to roughly 25% of global seaborne oil trade. That is not a small shipping lane. … Read more
Iran’s latest peace proposal has become a major global story because it targets the one issue hurting the world economy most: the Strait of Hormuz. Tehran has reportedly offered to reopen the key oil route if the United States lifts its naval blockade on Iranian ports and agrees to end the war, but the proposal … Read more
Iran says it is ready to share its defensive weapons capabilities with “independent countries,” especially members of the Shanghai Cooperation Organisation, or SCO. The statement came from Deputy Defence Minister Reza Talaei-Nik during an SCO defence ministers’ meeting in Bishkek, Kyrgyzstan. Coming after Iran’s recent conflict with the United States and Israel, the message is … Read more