Tag: Strait of Hormuz

Iran war has cost US $37.5bn so far

International July 22, 2026 at 10:40

US Defence Secretary Pete Hegseth told a Senate committee on Tuesday that the cost of the war in Iran has reached $37.5 billion, including...

US renews strikes on Iran as Trump threatens nuclear site

International July 22, 2026 at 09:35

Fresh US strikes target Iranian military infrastructure The United States launched strikes on Iran for the 11th consecutive night late on Tuesday, as Tehran warned...

US launches fresh strikes on Iran as Trump vows retaliation

International July 21, 2026 at 13:24

US says strikes target Iranian military capabilities The US military says it launched another round of strikes against Iran to "further degrade" its capabilities to...

Oil prices top $90 a barrel amid rising Middle East tensions

Economy July 20, 2026 at 10:52

Oil prices rose above $90 a barrel during Asian trading on Monday, reaching their highest level since June as the escalating conflict in the...

US-Iran tensions escalate with strikes on land and at sea

International July 20, 2026 at 09:20

The United States carried out a ninth consecutive night of military strikes against Iran on Sunday, continuing its campaign to degrade Tehran's ability to...

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