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Iran Warns Over Presence of US Warships Near Strait of Hormuz

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Naval vessels near the Strait of Hormuz amid rising geopolitical tensions

Tehran: Iran’s Islamic Revolutionary Guard Corps has issued a warning regarding the presence of US naval vessels near the Strait of Hormuz, according to reports carried by state-affiliated media. The statement, attributed to officials within the IRGC, suggested that Iran is closely monitoring activity in the area and is prepared to respond to any perceived … Read more

Iran Makes Surprise Move: First Oil Payment via Strait of Hormuz Lands in Central Bank

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Iran’s Bold Financial Move Through Hormuz Could Impact Global Oil Markets

Tehran: Iran has reportedly received its first oil-linked payment routed through the Strait of Hormuz, with the funds deposited into the country’s central bank, according to emerging reports. While officials have yet to release a detailed statement, initial information suggests the transaction marks a significant development in Iran’s approach to managing energy revenues and financial … Read more