No Result
View All Result
  • Login
Wednesday, July 22, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Business

The US and Iran exchange new attacks over Strait of Hormuz as Tehran tries to close competing route

by theadvisertimes.com
4 weeks ago
in Business
Reading Time: 3 mins read
A A
0
The US and Iran exchange new attacks over Strait of Hormuz as Tehran tries to close competing route
Share on FacebookShare on TwitterShare on LInkedIn



A lot of projectiles have been flying across the Persian Gulf recently, despite the U.S.-Iran agreement to extend their ceasefire and negotiate a lasting peace.

On Saturday, Iran launched drones at Bahrain, which is home to a U.S. Navy base. The Islamic republic was also likely responsible for an attack on a commercial ship.

That came a day after U.S. Central Command said it struck Iranian missile and drone locations as well as coastal radar sites in response to earlier attacks on ships trying to cross the Strait of Hormuz.

It was the latest attempt by Tehran to scare away vessels that are not using the regime-approved route through the narrow waterway that’s critical to the global energy market and is Iran’s main source of leverage.

Meanwhile, the U.S. previously carved out an alternate path that runs along Oman’s coast and said Saturday that it’s been expanded to accommodate inbound and outbound traffic, making it more appealing as supplies that had been bottled up in the Gulf during the war need to get out.

“Iran is likely attempting to prevent vessels from using non-Iranian shipping channels with force in the immediate term as it continues negotiations with the Gulf Arab states to secure long-term recognition of its control,” the Institute for the Study of War said in a note on Friday.

The think tank also highlighted other efforts to undermine Iran’s influence over the strait. For example, Oman and the International Maritime Organization established a mechanism to help hundreds of vessels move through the route along the Omani coast.

Central Command also said it’s providing “safe passage coordination” in the strait, while the U.S. and the Gulf Cooperation Council issued a joint statement Thursday stressing free navigation through the strait and rejecting any tolls, fees, or other attempts to assert control.

Iran has responded with drone attacks and additional warnings that safe passage through the strait can’t rely on “parallel routes” or decision-making outside Tehran, according to ISW.

At the same time, the regime is engaging in diplomacy with its Gulf neighbors in an attempt to solidify its control over the strait. But ISW said it’s not working, adding that Iran can’t keep relying on military options.

“Iran needs Gulf states’ recognition of its control over Iran’s route to maintain control over the strait because it cannot conduct attacks in perpetuity without risking instability and additional attacks,” the note said.

The renewed hostilities follow the first meeting last weekend between the U.S. and Iran since the ceasefire extension was signed.

While both sides touted progress, much more work has to be done to address Iran’s nuclear program, unfreezing of its assets, and easing of U.S. sanctions—not to mention the continued fighting over the Strait of Hormuz.

Its closure soon after the U.S. and Israel launched their war on Iran crippled global energy markets, and a return to normal is expected to take months.

The U.S. was unable to restore freedom of navigation through the strait, despite its ability to shepherd through a trickle of ships, allowing Iran to hold the threat of another closure over the world economy.

With that knowledge, Tehran has tried to normalize its control, establishing a Persian Gulf Strait Authority and insisting it can charge fees on ships.

The recent flurry of drone attacks on commercial ships raised the ante, while the U.S. also ramps up its effort to punch a bigger hole through the strait. On Saturday, the Joint Maritime Information Center raised the threat level in the strait to “substantial” from “moderate.”

“But be prepared for it to return to S#!T at any moment,” Campbell University professor Sal Mercogliano, who specializes in military and maritime history, said in a post on X.



Source link

Tags: attackscloseCompetingExchangeHormuzIranrouteStraitTehran
ShareTweetShare
Previous Post

I Tried Empower. Here’s What This Budgeting App Can — and Can’t — Do

Next Post

AI and Elderly Care: 77% of Families Say ‘Yes’ to This Modern Approach

Related Posts

Trump admin deferring  billion-plus Medicaid payments to Calif. and Minn. amid ‘suspected fraud’

Trump admin deferring $1 billion-plus Medicaid payments to Calif. and Minn. amid ‘suspected fraud’

by theadvisertimes.com
July 22, 2026
0

Health Secretary Robert F. Kennedy Jr. said the new actions — which come after previously announced Medicaid funding deferrals in...

Israeli plant-based protein co Plantopia raises m

Israeli plant-based protein co Plantopia raises $9m

by theadvisertimes.com
July 22, 2026
0

Israeli startup Plantopia, which has developed a first-of-its-kind platform for producing high-quality proteins through advanced biomolecular agriculture, has completed...

PM forecasts 2026 adjusted EPS of .26 to .41 while stepping up U.S. investment (NYSE:PM)

PM forecasts 2026 adjusted EPS of $8.26 to $8.41 while stepping up U.S. investment (NYSE:PM)

by theadvisertimes.com
July 22, 2026
0

Earnings Call Insights: Philip Morris International (PM) Q2 2026 Management View Seeking Alpha's Disclaimer: This article was automatically generated by...

Questions on Extreme Political Activism at the Smithsonian

Questions on Extreme Political Activism at the Smithsonian

by theadvisertimes.com
July 22, 2026
0

The director of the National Museum of American History (NMAH), Dr. Anthea Hartig, was in the hot seat on July 21,...

Google’s founders are snapping up Miami mansions, as billionaires flee California’s proposed tax

Google’s founders are snapping up Miami mansions, as billionaires flee California’s proposed tax

by theadvisertimes.com
July 22, 2026
0

More billionaires are trading the streets of New York and boardrooms of California for the sunny, tax-friendly city of Miami—and...

First Int’l Bank in confrontation with middle managers

First Int’l Bank in confrontation with middle managers

by theadvisertimes.com
July 22, 2026
0

Labor relations at the top of First International Bank of Israel, headed by Eli Cohen and controlled by Zadik...

Next Post
AI and Elderly Care: 77% of Families Say ‘Yes’ to This Modern Approach

AI and Elderly Care: 77% of Families Say ‘Yes’ to This Modern Approach

Dear Future SK Hynix Stock Investors, Mark Your Calendars for July 10

Dear Future SK Hynix Stock Investors, Mark Your Calendars for July 10

  • Trending
  • Comments
  • Latest
SEC pushes private market access, but retail is already in

SEC pushes private market access, but retail is already in

July 16, 2026
How I Maximize My Sapphire Reserve Dining Credit

How I Maximize My Sapphire Reserve Dining Credit

July 10, 2026
Fourth of July 2026 Freebies and Deals

Fourth of July 2026 Freebies and Deals

July 3, 2026
5 things financial therapists want every advisor to know

5 things financial therapists want every advisor to know

June 26, 2026
The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

July 6, 2026
Prime Day, June 2026: How Retailers Competed With Amazon

Prime Day, June 2026: How Retailers Competed With Amazon

June 29, 2026
Trump admin deferring  billion-plus Medicaid payments to Calif. and Minn. amid ‘suspected fraud’

Trump admin deferring $1 billion-plus Medicaid payments to Calif. and Minn. amid ‘suspected fraud’

0
It Is Always A Matter Of TIME

It Is Always A Matter Of TIME

0
Arbitrum Fast Feed Proposal Would Route 97% Of Revenue To DAO Treasury

Arbitrum Fast Feed Proposal Would Route 97% Of Revenue To DAO Treasury

0
The 15 Fastest Growing Remote Careers Right Now — and 10 Companies Hiring

The 15 Fastest Growing Remote Careers Right Now — and 10 Companies Hiring

0
Psychology says the reason retired men sit in silence isn’t because they have nothing to say — it’s because they’ve lost the only identity anyone ever valued them for

Psychology says the reason retired men sit in silence isn’t because they have nothing to say — it’s because they’ve lost the only identity anyone ever valued them for

0
Five Key Findings From The Forrester Wave™: Workday Services, Q2 2026

Five Key Findings From The Forrester Wave™: Workday Services, Q2 2026

0
How SEC’s e-delivery rule could cut paperwork, costs for advisors

How SEC’s e-delivery rule could cut paperwork, costs for advisors

July 22, 2026
It Is Always A Matter Of TIME

It Is Always A Matter Of TIME

July 22, 2026
Five Key Findings From The Forrester Wave™: Workday Services, Q2 2026

Five Key Findings From The Forrester Wave™: Workday Services, Q2 2026

July 22, 2026
Trump admin deferring  billion-plus Medicaid payments to Calif. and Minn. amid ‘suspected fraud’

Trump admin deferring $1 billion-plus Medicaid payments to Calif. and Minn. amid ‘suspected fraud’

July 22, 2026
Psychology says the reason retired men sit in silence isn’t because they have nothing to say — it’s because they’ve lost the only identity anyone ever valued them for

Psychology says the reason retired men sit in silence isn’t because they have nothing to say — it’s because they’ve lost the only identity anyone ever valued them for

July 22, 2026
The 15 Fastest Growing Remote Careers Right Now — and 10 Companies Hiring

The 15 Fastest Growing Remote Careers Right Now — and 10 Companies Hiring

July 22, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • How SEC’s e-delivery rule could cut paperwork, costs for advisors
  • It Is Always A Matter Of TIME
  • Five Key Findings From The Forrester Wave™: Workday Services, Q2 2026
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.