Trump says US will blockade Iran in the Strait of Hormuz and will charge ships for safe passage

Dubai, United Arab Emirates — US President Donald Trump said on Monday that the United States is “re-imposing” a blockade on Iran in the Strait of Hormuz and, in an apparent policy shift, will impose fees on other ships for safe passage. Iran insists on its control of the vital waterway, as another exchange of … Read more

‘Mini tsunami’ of oil headed for global market and as Strait of Hormuz opens, plunging prices — For now

A “mini-tsunami” of oil is flooding the global market after the Strait of Hormuz opened and trapped tankers were finally freed, sending prices down to almost pre-war levels – but the relief may not last long. August oil futures – contracts to buy at a later date – fell to about $70 a barrel on … Read more

US, Iran sign initial deal to end war, ease sanctions, and open strait

policy Pakistani Prime Minister Shehbaz Sharif, who helped broker the agreement, said in a post on X that the initial agreement to end the war takes “immediate effect” after the leaders of both countries signed it. President Donald Trump waves as he leaves a dinner at the Chateau de Versailles on June 17, 2026 in … Read more

First full gas tanker exits Strait of Hormuz since Iran war began

A tanker ship passed through the Strait of Hormuz bound for China on Monday, the first shipment of natural gas to successfully exit the Persian Gulf since the start of the war with Iran. The LNG tanker Al Mubarraz, loaded with more than 130,000 cubic meters of gas from the United Arab Emirates, was idling … Read more

Iran Closes Strait of Hormuz Again, Saying It Will Remain Shut Until US Blockade Is Lifted

Iran closed the Strait of Hormuz again on April 18, briefly reopening the vital sea lane after the United States refused to lift its blockade of Iranian ports. On Saturday, the Iranian military authorities confirmed that the strait had been restored to what they described as its “previous status,” placing it under strict supervision by … Read more

Dow falls 350 points, oil surges above $100 after US announces Strait of Hormuz blockade

US stocks fell on Monday morning as oil prices rose above $100 a barrel after President Trump announced a new closure of the Strait of Hormuz during a fragile ceasefire with Iran. The Dow Jones Industrial Average was down 354 points, or 0.7%, as of 9:35 a.m. EST, while the S&P 500 and Nasdaq were … Read more

Trump names KISS, George Strait, Sylvester Stallone and Gloria Gaynor as the Kennedy Center honorees

Washington – On Wednesday, President Donald Trump appointed rural music star George Street, actor “Rocky” Silvertter Stallone, singer Gloria Jennour, Rock Kis, and singer Michael Croford, among the first group of candidates to honor the Kennedy Center under his leadership as head of the center, and said that he would host the award program. Trump … Read more

Willie Nelson and George Strait ‘Still Jamming Like Old Times’ (EXCL)

George Strait and Willie Nelson have been friends and each other’s crutches for years and bond over their shared love of music whenever they get the chance. A source exclusively tells Closer the two intend to keep the good times rolling until they ride into the sunset.  “They go way back and they’ve performed on … Read more