Strait of Hormuz

The most heavily traded contract for a barrel of Brent crude, the international standard, settled at $97.89 before jumping 2.4% to $100.29 early Wednesday.

The New Arab Staff & Agencies
09 September, 2026
Lula calls US Hormuz fee “piracy”

Lula calls US Hormuz fee “piracy”

US launches strikes, Iran closes Hormuz and hits back at three Arab countries

US launches strikes, Iran closes Hormuz hits back at Arab countries

Iran declares the Strait of Hormuz officially closed

Iran declares the Strait of Hormuz officially closed

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iran
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Hormuz [Getty]
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In this handout photo provided by U.S. Central Command, U.S. forces patrol the Arabian Sea near M/V Touska on April 20, 2026,
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