Iran reversed course on its agreement to reopen the Strait of Hormuz this weekend, with Iranian Revolutionary Guard officials saying the strait would remain closed so long a U.S. blockade on Iran was ...

With only days remaining until a fragile ceasefire expires, U.S. and Iranian negotiations appeared to be no closer to a deal to end the war despite both countries offering optimistic outlooks.

Roughly one-fifth of the world’s oil passes through the strait and further limits would squeeze already constrained supply, driving prices higher once again.

President Trump is portraying peace talks with Iran as nearly complete and predicting a quick wrap-up of the war, but Iran is pushing back on several fronts, including the president's claim there's a deal over Iran's stockpile of Uranium.

The conflict has entered a sharper escalation phase as the United States enforces a maritime blockade on Iranian ports, signalling a major strategic shift from air and missile warfare to economic and ...