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Iran wants a mafia-style ‘protection’ toll on the Strait of Hormuz, but the eye-popping $20 billion per year haul is a pipe dream
Energy
Iran wants a mafia-style ‘protection’ toll on the Strait of Hormuz, but the eye-popping $20 billion per year haul is a pipe dream
By Jordan BlumAugust 12, 2026
Ships are anchored in the Strait of Hormuz on August 10, 2026 off the coast of Bandar Abbas, Iran.
Investing
U.S. stocks fall after Iran says Strait of Hormuz will remain shut
By Bloomberg, Norah Rami and Elena EisenstadtAugust 11, 2026
Photo of Trump with USA cap on next to Air Force One
Politics
Trump demands Iran pay for decades of U.S. deaths in rebuke of Tehran’s request for reparations
By The Associated PressAugust 11, 2026
Photo of New York Stock Exchange
Energy
Oil prices reverse gains in Strait of Hormuz standoff as Wall Street inches up ahead of inflation numbers
By The Associated Press, Elaine Kurtenbach and Matt OttAugust 11, 2026
Photo of Yemeni navy sailor patrolling
Politics
Houthi attacks in Yemen threaten new shipping crisis in Red Sea as Iran digs in on Hormuz demands
By The Associated PressAugust 11, 2026
Photo: Apple CEO John Ternus.
Newsletters
Apple stock sinks as hopes that new CEO John Ternus will launch a high-end, ‘all-glass’ iPhone are shattered
By Jim EdwardsAugust 11, 2026
Photo of a Korean currency trader
Economy
Oil prices rise and analysts see Big Tech selloff linked to traders locking in gains
By The Associated Press and Elaine KurtenbachAugust 10, 2026
t
Asia
Iran says it will reopen Straight of Hormuz — as soon as the U.S. makes ‘amends’
By The Associated PressAugust 10, 2026
Photo: Demis Hassabis
Newsletters
Inside the drama at DeepMind as Demis Hassabis gives up the CEO title to become chairman
By Jim EdwardsAugust 10, 2026
Trump is betting that the U.S. naval blockade choking Iran’s economy can achieve what bombs and missiles couldn’t as more oil sneaks out of the Gulf
Middle East
Trump is betting that the U.S. naval blockade choking Iran’s economy can achieve what bombs and missiles couldn’t as more oil sneaks out of the Gulf
By Jason MaAugust 9, 2026
Iran rejects U.S. talks for now as wait for Hormuz deal drags on
Energy
Iran rejects U.S. talks for now as wait for Hormuz deal drags on
By Sara Gharaibeh, Patrick Sykes and BloombergAugust 9, 2026
Iran issues long list of steep demands the U.S. must satisfy before the Strait of Hormuz will be reopened, including total compensation for war damage
Politics
Iran issues long list of steep demands the U.S. must satisfy before the Strait of Hormuz will be reopened, including total compensation for war damage
By The Associated PressAugust 8, 2026
Iranian officials are worried the U.S. blockade will cause an economic collapse and admit sanctions relief is desperately needed
Middle East
Iranian officials are worried the U.S. blockade will cause an economic collapse and admit sanctions relief is desperately needed
By Jason MaAugust 8, 2026
A view of commercial cargo vessels and crude oil tankers are anchored in the Gulf of Oman, off the coast of Muscat, Oman
Energy
Iran says agreement on Hormuz shipping reached with Oman
By Bloomberg and Eltaf NajafizadaAugust 7, 2026
The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it
Middle East
The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it
By Jason MaAugust 7, 2026
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