Vue lecture

Oil Prices Dip on News of Progress in Hormuz Talks

The two countries said they would create a temporary shipping lane and clear mines in the waterway. Global oil prices dipped after the joint announcement.

© Reuters

Vessels near the Strait of Hormuz, seen from Musandam, Oman, on Monday. Before the U.S.-Israeli war on Iran, about a fifth of the world’s oil and gas was shipped through the waterway.
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As Iran Truce Expires and Options Shrivel, Trump Lashes Out

President Trump took aim at Oman, a U.S. ally that has been mediating the talks, as efforts to end a war he started have faltered.

© Al Drago for The New York Times

President Trump has claimed that Iran wants to “make a deal, but they’re not going to make the kind of a deal that I feel is necessary.”
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Navy and USS Lincoln’s Problems Are Tied to Attacks on U.S. Base Early in War

Diego Garcia, a tiny island 2,200 miles from the Gulf of Oman, took over as the Navy’s logistics hub after Iran damaged a base in Bahrain.

© U.S. Navy

A Navy handout photo of Diego Garcia, south of the Maldives.
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Arabian Sea Bird and Turtle Habitat Threatened by Oil From Grounded Tanker

The spill of Russian crude bound for India compounds the environmental damage from spills in and around the Strait of Hormuz, where tankers and oil facilities have come under attack.

© via Reuters

A satellite image showing the damaged vessel Caroline Bezengi and oil slick off coast of Oman, on Aug. 5.
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Iran Insists Strait of Hormuz Will Stay Closed Until Trump Agrees to Demands

A spokesman for the Iranian Foreign Ministry said that talks with Oman on shipping routes in the Strait of Hormuz were “separate” from discussions to fully reopen the waterway.

© Atta Kenare/Agence France-Presse — Getty Images

Ships in the Strait of Hormuz off the coast of southern Iran on Monday.
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Iran Issues List of Demands, Dampening Hopes of Reopening Strait of Hormuz

The head of Iran’s Supreme National Security Council said that the Strait of Hormuz would remain closed until the United States met certain conditions.

© Reuters

Ships near the Strait of Hormuz, as seen from Musandam, Oman, on Thursday.
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