Strait Of Hormuz

• Canada to release additional 140K barrels of oil per day starting in April

  Canada produced on average 5.3 million barrels per day of crude oil in 2025, according to the Canada Energy Regulator, making the upcoming production jump a 2.6 per cent increase.

  Canada

  6 hours
  
• As Iran chokes Strait of Hormuz, U.S. vows $20B for maritime reinsurance

  The U.S. says it has stuck a new agreement to provide up to US$20 billion in reinsurance coverage to 'restore confidence in maritime trade' amid the Iran war.

  World

  Mar 6
  
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• Trump says U.S. will insure maritime trade in Gulf amid Iran war

  'If necessary, the United States Navy will begin escorting tankers through the Strait of Hormuz, as soon as possible,' Trump wrote.

  Economy

  Mar 3
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• 4 numbers that explain why the Strait of Hormuz is so crucial in Iran war

  The U.S.-Israeli war with Iran has already halted energy exports from the Middle East, with Tehran closing navigation in the Gulf and forcing production stoppages.

  Economy

  Mar 3
• Danielle Smith says Iran war underscores need for new Alberta pipeline to the coast

  Danielle Smith says any disruption in the Strait of Hormuz, a key oil choke point at the mouth of the Persian Gulf, underscores the need for a new Alberta pipeline to the Pacific.

  Economy

  Mar 2
• Iran threatens to set ships on fire if they enter Strait of Hormuz

  It was Iran's most explicit warning since telling ships it was closing the export route on Saturday, which threatens to choke a fifth of global oil flows and send prices higher.

  World

  Mar 2
• U.S., Iran to hold more nuclear talks as Tehran closes Strait of Hormuz

  Iran said it will close the Strait of Hormuz for several hours for live fire military exercises and the United States ramps up its military forces in the region.

  World

  Feb 17
• Iran’s Revolutionary Guard seizes Israeli container ship amid tensions

  The Middle East had braced for potential Iranian retaliation over a suspected Israeli strike earlier this month on an Iranian consular building in Syria that killed 12 people.

  World

  Apr 13, 2024
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• U.S. considers putting military on commercial ships in Strait of Hormuz amid seizures

  It comes as thousands of Marines and sailors on both the amphibious assault ship USS Bataan and the USS Carter Hall, a landing ship, are on their way to the Persian Gulf.

  World

  Aug 3, 2023
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• U.S. sending F-16s to Strait of Hormuz to protect ships from Iranian seizure

  An official said the U.S. will send F-16 fighter jets to the Gulf region this weekend to augment the A-10 attack aircraft that have been patrolling there for more than a week.

  World

  Jul 14, 2023