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13.03.26 - 16:12
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What is the strait of Hormuz and can the US stop Iran from blocking it? (The Guardian)
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Energy prices have soared as Iranian strikes and reports of mines prevent ships from transiting the chokepointMiddle East crisis – live updatesMore than 1,000 cargo ships, mainly oil and gas tankers, have been blocked from transiting the strait of Hormuz by the Israeli-US war against Iran after Tehran closed the key maritime passage.Officials in the Trump administration have suggested ways to get ships moving again, but amid continued Iranian strikes on tankers, and reports that Iran has started mining the narrow waterway, the proposed naval escorts have failed to materialise – even as energy prices have soared. Continue reading......
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13.03.26 - 15:57
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In Scramble To Open Up Hormuz, France & Italy Open Talks With Iran After India′s Request (ZeroHedge)
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In Scramble To Open Up Hormuz, France & Italy Open Talks With Iran After India's Request
Amid very confused and mixed messaging coming from Washington over the status and future fate of Hormuz oil transit, the EU is trying its hand at a solution.
France and Italy have opened 'tentative' talks with Iran seeking to negotiate a deal to guarantee safe passage for their tankers through vital strait which remains a crucial chokepoint for stalled global crude transit, the Financial Times reports Friday, citing people briefed on the efforts.
This comes as US Secretary of War Pete Hegseth said in a Friday morning Pentagon briefing there is "no clear evidence that Iran has laid mines" in the Strait. This contradicts an avalanche of reporting from earlier this week which said at least a dozen mines were laid.
The two key overnight and morning headlines which have most impacted oil markets remain confirmed India-Iran talks for safe passage, and now EU ef...
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13.03.26 - 15:57
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Pentagon Confirms All 6 Crew Dead As Pro-Iran Iraqi Militants Claim They Downed US Refueling Plane (ZeroHedge)
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Pentagon Confirms All 6 Crew Dead As Pro-Iran Iraqi Militants Claim They Downed US Refueling Plane
Update(1030ET): The Pentagon has just confirmed two additional deaths in Thursday's downing of a KC-135 refueling tanker aircraft over Western Iraq. This brings the total deaths to six in the incident, which marks the single deadliest aerial event for the US side in the war.
US: ALL CREW MEMBERS OF KC-135 LOSS IN IRAQ CONFIRMED DECEASED
The Pentagon has further reiterated its stance it was not enemy or friendly fire.
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The overnight confirmation that a US KC-135 went down over Western Iraq marks the single deadliest aerial incident suffered by the United States since the start of Operation Epic Fury. A Friday morning Pentagon briefing has confirmed that four of the six crew members on board have died, as rescue efforts for the two other service members continue.
"The circumstances of the incident are under investigation," it said in a statement on Friday. The Pentagon and US CENT...
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13.03.26 - 15:39
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ROUNDUP 2/Hegseth: Irans neuer oberster Führer ist verletzt (DPA-AFX)
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(Neu: 4. Absatz neu: Unbehagen im Iran)WASHINGTON (dpa-AFX) - Irans neuer oberster Führer, Modschtaba Chamenei, ist nach Angaben von US-Verteidigungsminister Pete Hegseth verletzt. Die USA wüssten, dass er "verwundet und wahrscheinlich entstellt" sei, ......
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13.03.26 - 15:33
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GESAMT-ROUNDUP/Iran-Krieg: USA erhöhen Zahl der Angriffe (DPA-AFX)
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TEHERAN/WASHINGTON/TEL AVIV (dpa-AFX) - Ungeachtet der Sorgen um die Blockade der Straße von Hormus sehen sich die USA im Iran-Krieg weiter auf dem Weg zum Erfolg. Die US-Attacken seien noch mal auf das bisher höchste Niveau gesteigert worden, sagte US-Verteidigungsminister ......
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13.03.26 - 15:24
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What War in Iran Means for Teapot Oil Refineries in China (Bloomberg)
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A lot of Iranian oil goes to China's so-called "teapot" refineries, which tend to be smaller and owned by independent companies. On this episode of the Odd Lots podcast, Erica Downs, a senior research scholar at Columbia University, joins Joe Weisenthal and Tracy Alloway to discuss the buffer oil stock that China has built over the years and why it could ultimately play to the country's advantage. (Source: Bloomberg)...
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13.03.26 - 14:57
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ROUNDUP/Hegseth: Irans neuer oberster Führer ist verletzt (DPA-AFX)
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WASHINGTON (dpa-AFX) - Irans neuer oberster Führer, Modschtaba Chamenei, ist nach Angaben von US-Verteidigungsminister Pete Hegseth verletzt. Die USA wüssten, dass er "verwundet und wahrscheinlich entstellt" sei, sagte Hegseth bei einer Pressekonferenz. ......
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13.03.26 - 14:36
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The Iranian Regime Is Intact, Hochstein Says (Bloomberg)
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Iran's regime is “definitely intact” and in control, says Amos Hochstein, a former top advisor to President Joe Biden and current partner at TWG Global. He also talks about the disruption to the global oil supply on Bloomberg Surveillance....
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