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Iran Relaxes Restrictions on Hormuz Strait

Iran Relaxes Restrictions on Hormuz Strait

The Iranian government has allowed a number of foreign vessels to transit the Strait of Hormuz in recent days, with some reports stating that a one-month permit had been granted to certain ships. Once a conduit for much of the world’s oil supply, the strait was...

Iranian FM Denies Ongoing Negotiations With the US

Iranian FM Denies Ongoing Negotiations With the US

Iranian Foreign Minister Abbas Araghchi said that Iran is not engaged in ongoing negotiations with the US. He confirmed that Tehran has received messages from Washington.  “I receive messages from [US special envoy Steve] Witkoff directly, as before, and this does not...

Report: Iranian Oil Profits Doubled Since Start of War

Report: Iranian Oil Profits Doubled Since Start of War

Since the US and Israeli surprise attack on Iran, Tehran has continued to export oil that is selling at significantly higher prices.  According to an analysis by The Economist, nearly all of the oil tankers currently exiting the Persian Gulf are linked to Iran. After...

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