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The statement from Tehran came as fighting around the strategic Strait of Hormuz sent shockwaves through energy markets, prompting emergency releases from global reserves and a limited draw on US stockpiles.

3 minutes ago

Thai navy says cargo ship attacked in Strait of Hormuz

Photos showed heavy black smoke billowing from the hull and superstructure of the Thai-registered Mayuree Naree, with life rafts floating in the water.

10 hours ago

IEA announces record release of strategic stocks in response to Iran war oil price surge

The International Energy Agency has announced the release of 400 million barrels of oil.

7 hours ago
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