Business
Oil tops $111 as Iran claims attacks on seven vessels near Hormuz
LAGOS, Nigeria — Global crude oil prices rose above $111 per barrel on Thursday, October 22, 2026, after Iran claimed that seven vessels had been hit in separate…
LAGOS, Nigeria — Global crude oil prices rose above $111 per barrel on Thursday, October 22, 2026, after Iran claimed that seven vessels had been hit in separate…
Iran has announced another closure of the Strait of Hormuz, blaming the continued presence of United States forces in the region and Israel’s decision to keep troops in…
Iran has warned it could close the Strait of Hormuz again if the United States keeps blocking access to its ports. This comes just hours after announcing the…
Iran’s Foreign Minister Abbas Araghchi has announced that the Strait of Hormuz will stay fully open to commercial shipping as long as the ceasefire in the region continues.…