Fuel prices are rising again in Greece, with higher transport costs already feeding through to prices on supermarket shelves

Tehran and Muscat are working to restore limited shipping through the strategic waterway, while diplomatic efforts between Iran and the United States remain stalled and economic pressure on Tehran intensifies

Pakistan's army chief visits Tehran to revive talks as the US unveils sweeping new sanctions targeting Iran's trade partners

US Treasury Secretary Scott Bessent will unveil new Iran sanctions today, as Tehran threatens military strikes against countries aiding Washington

People close to Iran's leadership say Tehran has examined options including attacks on U.S. military assets in southeastern Europe and Cyprus if Washington launches another offensive.

Intercargo urges all sides to protect civilian seafarers and commercial shipping amid heightened security risks in the strategic waterway

Trump says the US will hit Oman "mercilessly" if it blocks American moves in the Strait of Hormuz, as the US-Iran truce nears its end

George Gerapetritis and Abbas Araghchi agreed to maintain regular technical-level contacts and keep communication channels open amid ongoing talks over the strategic waterway.

The US-Iran deadlock leaves reserves under strain, raising questions about how long global oil stockpiles can hold out

Oil prices surge to six-week highs as Houthi threats in the Red Sea and rising tensions in the Strait of Hormuz fuel fears of global supply disruptions.

Trump says any Iranian strike on shipping in the Strait of Hormuz will trigger a US strike on a bridge or power plant, even ones near Tehran

He said Greece remained committed to working with the United Nations and the European Union to resume negotiation.

The strait carries between 35% and 43% of the world’s seaborne urea and nearly half its traded sulphur, the backbone of the phosphate fertiliser chain.

Climate change and geopolitical shocks form an explosive mix for a Europe already strained by record heatwaves