Soaring oil prices and the blockade are preventing food, fuel and medicine being delivered to millions of people in desperate need, say NGOs The volatility of global oil prices caused by the US and Israel’s war on Iran is taking a toll on the most vulnerable people, by slowing or blocking food and medical aid from reaching them. Now aid organisations are calling for a “humanitarian corridor” to b…
Iran’s plan to extract a $2m payment from tankers using the strait of Hormuz could raise costs for years to come A second round of peace talks between the US and Iran has begun amid renewed attacks on oil tankers in the strait of Hormuz and a US blockade on Iranian vessels through the crucial trade route. The future of this narrow waterway – and curbs on Iran’s nuclear programme – are at the cent…
