The ceasefire between the U.S. and Iran is in grave peril after Iran announced on Saturday that, in response to the continued U.S. blockade, it would once again impose travel restrictions on the Strait of Hormuz after briefly reopening it on Friday. Iran has used the strait — through which about 20% of the world’s oil passes — as a chokepoint on Western commerce in response to the illegal U.S.
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Residents of Iran’s sprawling capital, Tehran, woke up earlier this month to scenes that they could probably imagine only in horror films. Clouds of smoke had shrouded the metropolis of 10 million, toxic rain blended with oil poured down from the sky, and the sun remained invisible through noon on the morning of March 8. Hours earlier, Israel had launched airstrikes on 30 oil facilities in Tehran…
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Oil prices surged past $100 a barrel this week as the U.S.-Israeli war against Iran threatens global energy supplies and the broader economy. Iranian officials say no oil will be allowed to leave the Middle East until the bombardment stops, raising fears of disruptions in the Strait of Hormuz, the waterway through which about 20% of the world’s oil and gas flows. This comes as Israel has struck…
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In the wake of infernos unleashed across portions of Tehran the night before, the people of Iran’s capital woke up Sunday to the hideous sight of ominous gray clouds above, choking-levels of smoke, and black raindrops full of toxic oil falling across the city. Critics described “scenes of Armageddon” and characterized the bombings and the destruction they triggered as the latest crimes…
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