273 articles — keywords: Iran
Bitcoin opened at $62,259 on Tuesday, down 2.3% from Monday, while ethereum fell 1.8% from its previous open.
Trump announced a 20% charge on all cargo shipped through the Strait of Hormuz, effective Tuesday at 4 p.m. Eastern Time.
Oil prices jumped more than 4% when markets opened Monday after Iran shut down the vital shipping lane.
Iran launched attacks on American military bases in Kuwait, Bahrain, Jordan, Oman, and Qatar after a fresh wave of U.S. strikes over the weekend.
Iran's Revolutionary Guard attacked US bases and allies across the region on Sunday, marking an escalation in the conflict.
The two countries continued tit-for-tat attacks around the Strait of Hormuz over the weekend.
Iran struck a Cyprus-flagged container ship in the Strait of Hormuz on Saturday, sparking a fire and disabling the vessel.
Iran closed the Strait of Hormuz on Sunday after firing a warning shot at a ship attempting an unapproved route.
The IEA warned that renewed escalation could cut global oil supply by 9.4 million barrels per day below pre-war levels.
Iran reported 14 deaths and launched retaliatory strikes against US assets in Kuwait, Bahrain, Qatar, Jordan, and Iraq.
Markets swung and world leaders reversed their expectations as Iran, Ukraine, and NATO spending all came to a head in Ankara.
Jordan intercepted at least eight Iranian missiles, and Qatar suspended expansion plans at the world's largest LNG facility following an attack on one of its tankers.
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