
Iran Says It Still Controls Hormuz After Trump Halts Bombing
Tehran says it remains in control of the Strait of Hormuz and is not seeking talks with the US after a two-week bombing campaign stopped.

Tehran says it remains in control of the Strait of Hormuz and is not seeking talks with the US after a two-week bombing campaign stopped.

Trump predicted his maritime blockade of Iran could go on for months—prompting oil prices to spike to a four-year high.

As Pakistan-hosted peace talks broke down, Trump blamed Tehran’s refusal to curb its nuclear ambitions and vowed to seal off Iran’s maritime trade routes.

Hungary’s MOL will import 510,000 tonnes of U.S. crude in the coming months, aiming to diversify national energy sources.

Orbán bets on energy dialogue with Washington as Europe pays the price of its dogmatism.

While the EU is pivoting to American LNG, the switch comes with a price premium and security of supply concerns.

Due to the restructuring of the energy markets since the outbreak of the war in Ukraine in 2022, Norway now supplies 30% of Europe’s energy needs.