Strait of Hormuz crisis

Foreign News News

Oil Prices Surge as Trump Issues Iran Ultimatum, Strait of Hormuz Crisis Jolts Global Markets

Global oil prices climbed sharply on Monday after Donald Trump issued a 48 hour ultimatum to Iran to reopen...

By OtownGist
March 23, 2026

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Foreign News News

Iran Strikes Qatar LNG Facility, Global Gas Prices Surge as Trump Issues Stark Warning

Qatar has reported extensive damage to its Ras Laffan liquefied natural gas facility, the largest LNG hub in the...

By OtownGist
March 19, 2026

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Foreign News News

Europe Pushes Back on Trump’s Hormuz Demand as Oil Prices Surge Amid Iran War

European leaders have rejected calls by Donald Trump for allied military support to secure the Strait of Hormuz, as...

By OtownGist
March 17, 2026

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