US Military

Global Oil Markets Surge as Strait of Hormuz Closure Triggers Supply Fears

Business News Desk3 hours ago3 hours ago03 mins

Global energy markets were rattled early Thursday as Brent crude prices surged more than 2% to climb above $95 a barrel following an official announcement from Tehran that Iran has closed the Strait of Hormuz to maritime traffic. This escalation, occurring in the wake of renewed U.S. military strikes in the region, has triggered immediate…

Trump Reveals Secret Military Operation to Secure Oil Transit Through Strait of Hormuz

Business News Desk4 hours ago4 hours ago03 mins

Strategic Intervention in Global Energy Markets President Donald Trump announced on June 10 that he personally authorized a clandestine U.S. military operation last month to escort commercial vessels carrying approximately 100 million barrels of crude oil through the Strait of Hormuz. The mission was launched to bypass the blockade of the narrow waterway, which has…

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Global Oil Markets Surge as Strait of Hormuz Closure Triggers Supply Fears

Trump Reveals Secret Military Operation to Secure Oil Transit Through Strait of Hormuz