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Ghalibaf warns global oil traders on 'house of cards' pricing

Iranian Parliament Speaker Mohammad Bagher Ghalibaf has warned the global oil market participants against relying on unreliable “vibe-trading digital oil,”, urging them to focus instead on real physical oil transactions.
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Publish Date: 20/April/2026 | 13:42

Hormuz fully under Iran’s armed forces’ control: IRGC

The IRGC said in a statement on Sunday that the Strait of Hormuz is constantly monitored by drones, adding that all traffic and non-traffic is under the full control of the Iranian armed forces.
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Publish Date: 12/April/2026 | 20:29

US, Isreal Behind Hormuz Strait Insecurity: Araqchi

The current state of insecurity in the Strait of Hormuz is a direct result of the unprovoked war of aggression that the US and the Zionist regime have waged against Iran, Iranian Foreign Minister Abbas Araqchi said.
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Publish Date: 24/March/2026 | 20:15

Iran, Pakistan to Hold Naval Drill at Hormuz Strait

A Pakistani naval flotilla that has docked at Iran’s southern port city of Bandar Abbas is going to attend a joint military exercise with Iranian forces in the Persian Gulf.
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Publish Date: 13/January/2024 | 13:23

Foreign Military Presence in Hormuz Strait Unconstructive

EghtesadOnline: The presence of foreign military forces in the sensitive Persian Gulf is unconstructive, the Iranian Foreign Ministry said following France's declaration this week that the military component of its maritime surveillance and security mission in the Strait of Hormuz is fully operational.
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Publish Date: 07/March/2020 | 06:57

Tehran-Muscat Cooperation Key to Securing Hormuz Strait

EghtesadOnline: Iranian President Hassan Rouhani called for increased cooperation between Tehran and Muscat to maintain the security of the strategic waterway shared by the two countries.
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Publish Date: 29/July/2019 | 11:17

Birol: IEA Concerned About Tensions in Hormuz Strait

EghtesadOnline: The International Energy Agency is "significantly" concerned about geopolitical tensions, including in the Strait of Hormuz, but oil markets are currently well supplied and unlikely to see "huge price increases for now," the head of the agency said Friday.
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Publish Date: 20/July/2019 | 10:43

Blocking Hormuz Strait Unnecessary

EghtesadOnline: In response to the United States' hostile move to block Iran’s crude exports, closing the Strait of Hormuz, one of the world's most strategic oil chokepoints, is unnecessary despite Tehran's ability to disrupt passage through the channel, an analyst said.
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Publish Date: 06/May/2019 | 14:16