From: NewsFeed
Russia’s Medvedev says Strait of Hormuz is Iran’s ‘nuclear weapon’
Dmitry Medvedev says Iran’s ability to disrupt traffic in the Strait of Hormuz is equivalent to possession of a nuclear.
![FILE PHOTO: Vessels at the Strait of Hormuz, as seen from Musandam, Oman, [Reuters]](https://www.aljazeera.com/wp-content/uploads/2026/07/reuters_6a464d29-1782992169.jpg?resize=770%2C513&quality=80)
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From: NewsFeed
Iran says it couldn’t export a ‘single barrel of oil’ during US blockade
Iran was unable to export any oil during the US blockade of its ports, the country’s chief negotiator has said.
Published On 1 Jul 2026
Cuba’s foreign minister observes ‘no progress’ in US negotiations
A top Cuban official has accused the US of issuing ‘constant threats’ and attempting to scuttle a UN debate.
EXPLAINER
How severe is Russia’s energy shortage because of Ukrainian strikes?
Analysts say Russia’s fuel crisis may affect its domestic economy, but the war in Ukraine will remain the priority.
Trump tells US petrol retailers to reduce prices ‘immediately’
US president warns of ‘big problems’ if retailers do not cut prices at the pumps, condemns illegal gouging.
US petrol prices ease despite ongoing uncertainties with Iran
US–Iran peace talks ease market volatility, but uncertainty keeps oil prices hovering, complicating recovery efforts.
Oil prices rise as US, Iranian strikes threaten Strait of Hormuz reopening
Brent crude edges up as tit-for-tat strikes hinder return to normality in key waterway.
What is Article 5 of Iran-US MoU, and why is it blamed for Hormuz strikes?
Iran and the US trade attacks over navigation through the Strait of Hormuz, which has emerged as a major sticking point.
Saudi Aramco helicopter crash in Ras Tanura kills all 14 on board
The helicopter crashed in Saudi Arabia’s Ras Tanura terminal, state media reported.
EXPLAINER
Why has the UN paused plans to evacuate sailors from the Strait of Hormuz?
A cargo vessel had been struck by a projectile near Oman, as Iran says all ships must pass with its permission.
EXPLAINER
Who has profited most from the war on Iran?
Defence contractors, energy companies and investment banks saw profits soar as war and uncertainty upended markets.
