Ukraine’s long-range strikes prompt new Russian threat against Europe
Ukraine has penetrated Russian airspace with unprecedented numbers of drones, denying Russia windfall oil profits.
![Al Jazeera’s Marah Rayan breaks down why the US blockade on the Strait of Hormuz is deepening an energy crisis that is driving up costs for everyone. [Al Jazeera]](/wp-content/uploads/2026/04/image-1776197399.jpg?resize=770%2C513&quality=80)
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Asia’s stock markets surge, oil falls on hopes for US-Iran talks
Relief for global markets comes after Trump says Iranian officials are keen on a deal.
Energy prices rise despite Jones Act suspension by Trump
Shipping costs have increased by more than 10 percent in the past month due to the US-Israel war on Iran.
What do we know about sea mines in and around the Strait of Hormuz?
The psychological terror that the presence of sea mines can generate could paralyse the Strait of Hormuz.
US blockade of Iran would worsen global energy crisis, analysts say
While US military says it will blockade Iranian ports only, move would have ripples worldwide, according to analysts.
EXPLAINER
Why oil prices aren’t what you think – and what it means for global supply
Growing gap between physical and on-paper oil prices points to more serious energy shock than appreciated, analysts say.
Oil prices surge past $103 a barrel after US announces blockade of Iran
Asian stocks fall as naval blockade threat injects new turmoil into financial markets.
‘Blown to hell’: Trump orders Hormuz blockade after US-Iran peace talks end
US Navy to enforce blockade, Trump says after condemning Iran for blocking waterway, complaining of no deal in Pakistan.
Saudi Arabia says key oil pipeline back to full capacity after attacks
The Ministry of Energy says the East-West pipeline is back to pumping about 7 million barrels per day.
Oil tankers exit Strait of Hormuz amid fragile US-Iran ceasefire
Three supertankers laden with oil exit waterway amid global energy crunch, shipping data shows.
Iran must not charge tolls in Strait of Hormuz, UN maritime chief says
In interview with Al Jazeera, International Maritime Organization chief says world should reject tolls in waterway.
