Strait of Hormuz
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Trump rejects Iran peace terms, Tehran warns of new attacks
US President Donald Trump branded Iran’s terms for ending the Middle East war “totally unacceptable”, raising fears of fresh conflict.
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Iran warns ‘not even started’ in Hormuz standoff
ran’s powerful chief negotiator has warned the United States against any further escalation in the Strait of Hormuz, risking reigniting the Middle East war.
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Fuel prices to jump by up to R6.19 per litre this week
Motorists will face significant increases at the pumps from Wednesday as petrol and diesel prices rise by between R3.27 and R6.19 per litre.
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Iran warns of ceasefire violation as US plans to escort Hormuz ships
Iran warned that it would consider any US attempt to interfere in the Strait of Hormuz a breach of the Mideast ceasefire.
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Iran war redraws sea routes with Africa as the pivot
Global trade routes are shifting due to Strait of Hormuz closures, with shipping rerouted via African ports, increasing costs and delays.
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Prolonged Strait of Hormuz closure to scar global oil markets for years
The world’s worst oil supply disruption in history will take months and potentially years to recover from.
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US examines Iran proposal to unblock Strait of Hormuz
The White House said on Monday it was examining Iran’s latest proposal to unblock the Strait of Hormuz.
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Cape Town urged to capitalise on shipping surge as global routes shift
Cape Town’s port infrastructure must improve urgently to take advantage of increased shipping traffic caused by Middle East disruptions.
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Trump looks for way out of war, but Iran may not oblige
By extending a ceasefire indefinitely with Iran, President Donald Trump appears to be searching for a way out of the war .
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Oil and stocks steady as US-Iran truce expiry looms
Oil prices dipped and stocks mostly edged higher on Tuesday as investors remained hopeful for a deal to end the Middle East war.
