Iran oil – Charm – Daily News

Trump Says Iran Gave US A Hormuz ‘Gift’ Related To ‘Oil, Gas’

Cs news3 hours ago07 mins

Washington: US President Donald Trump has said that Iran has given America a “present” worth a “tremendous amount of money”, related to the Strait of Hormuz, the crucial waterway that has remained virtually closed since the US-Israeli strikes that started the war on February 28, causing global oil and gas prices to soar. The US…

A map showing the Strait of Hormuz and Iran is seen behind a 3D printed oil pipeline. (Reuters)

Possible Scenarios And What They Mean For India

Cs news2 weeks ago06 mins

Tensions in the Middle East have intensified after joint US-Israel strikes on Iranian targets earlier this year, raising fears of a wider regional conflict. The crisis has already disrupted shipping routes, pushed oil prices higher and triggered warnings about global economic fallout. For India, which is the world’s third-largest oil importer, the stakes are particularly high….