Strait of Hormuz blockade – Charm

1 bn barrels lost due to Iran war will slow oil market recovery: Aramco CEO | World News

Cs news1 day ago02 mins

Aramco has used its East-West Pipeline to bypass Hormuz and transport crude to the Red Sea. 2 min read Last Updated : May 10 2026 | 2:47 PM IST The world has lost about 1 billion barrels of oil over the past two months and energy markets will take time to stabilise even if…

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

Cs news2 months 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…