Crude oil prices continued to rise for the fourth straight day as fresh tanker-tracking data suggests traffic via the Strait of Hormuz has slowed further amid harder rhetoric from both Iran and the United States. Both sides continue to demonstrate an unwillingness to return to the negotiating table.
2026-08-19 10:46:52
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4ThePeopleByThePeople :
Trump has declared the Strait of Hormuz open, but Iran says it is still shut down and reports about tankers U-turning away from the chokepoint in recent days suggest the latter is true. The latest report of a strike on a vessel in Hormuz came on Tuesday, regarding a cargo ship that was reportedly struck by “an unknown projectile while conducting an outbound transit of the Strait of Hormuz,” as reported by the United Kingdom Maritime Trade Operations.
2026-08-19 10:48:11
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