Iran-US tensions: What would blocking Strait of Hormuz mean for oil, LNG?
More than $500bn in oil and gas flows through waterway annually, leaving the global economy exposed to disruptions.

More than $500bn in oil and gas flows through waterway annually, leaving the global economy exposed to disruptions.







![The high court ruled against Trump’s use of the International Emergency Economic Powers Act (IEEPA) to impose sweeping global tariffs [Kevin Lamarque/Reuters]](https://www.aljazeera.com/wp-content/uploads/2026/02/2026-02-20T182254Z_1085467132_RC2TPJAG72E1_RTRMADP_3_USA-TRUMP-1771612201.jpg?resize=770%2C513&quality=80)

Unions have slammed the reforms as an effort under libertarian President Javier Milei to erode protections for workers.

The US Supreme Court has struck down Donald Trump’s imposition of sweeping global tariffs.
The decision is a significant loss to US President Trump on an issue that has been critical for his economic agenda.
Road accidents, often linked to speeding, claim thousands of lives each year in Egypt.
Kim’s opening speech focused on improving economic activity, with no mention of relations with the US or South Korea.
Figures show Venezuela’s public debt sits at roughly 180 percent of its GDP as the country struggles with tumult.
The US trade deficit deteriorated even though President Trump unleashed a barrage of tariffs to close trade imbalances.

Trump’s tariffs, Greenland and defence spending are testing US-Europe alliance.
India’s AI summit was meant to showcase the country’s potential, but controversy and Gates’s exit stole the spotlight.
Illegal mining is a widespread issue in Nigeria, where operations lack both government oversight and safety protocols.