Tag: Strait of Hormuz

Oil and gas prices surge as Iran re-closes Strait of Hormuz

Oil and European natural gas prices surged after Tehran re-closed the Strait…

Daily News Egypt

Two Indian-flagged tankers fired upon in Strait of Hormuz as Iran asserts control over waterway

Two Indian-flagged vessels carrying crude oil came under gunfire in the Strait…

Daily News Egypt

Opinion | The Egyptian pound: Between stability gains and cautious outlook

The recent strengthening of the Egyptian pound (EGP) against the US dollar…

Mohamed Abdel Aal

Trump signals potential Iran deal as mediators push truce extension, US ramps up pressure

US President Donald Trump said talks with Iran on ending the conflict…

Daily News Egypt

Opinion | The Last Lifeline

The deadlock in the Islamabad negotiations threatens to drag the US-Israeli war…

Hatem Sadek

Trump threatens to destroy Iranian vessels as US naval blockade takes effect

US President Donald Trump said any small Iranian attack boats approaching a…

Daily News Egypt

Global oil supply, economic growth face severe hit from planned Strait of Hormuz blockade

Global energy markets are bracing for a severe supply shock that threatens…

Daily News Egypt

Iran conflict escalates as Trump warns ‘whole civilization will die’

The conflict involving the United States and Israel on one side and…

Daily News Egypt

Saudi oil premiums hit record as Iranian strikes damage UAE and Kuwaiti plants and disrupt 17% of Qatar LNG

Gulf energy markets faced widespread disruption on Sunday as Saudi Arabia applied…

Daily News Egypt