Dossier
Iran blockade
Coverage of Iran blockade in the Nexus archive.
- Trump drops his Strait of Hormuz shipping fee. The Iran blockade is still on
Trump dropped the Strait of Hormuz shipping fee one day after announcing it, citing investment pledges from Gulf states. The Iran blockade remains in effect.
- Oil Holds Weekly Gain as Trump Says Iran Blockade Is Working
Oil prices maintained their weekly increase as U.S. President Donald Trump claimed the Iran blockade is effective. The statement highlights geopolitical tensions and their impact on energy markets.