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Iran’s Hormuz leverage wanes as U.S. economic squeeze bites

After years of surviving sanctions, Tehran is now confronting one of the harshest squeezes in the Islamic Republic's history.

Sep 06, 2026 · Staff
Originally on Wedgetail
News
US and Iran trade attacks on oil tankers

The US and Iran traded attacks on oil tankers over the weekend, intensifying pressure on energy flows through the Strait of Hormuz.

Sep 06, 2026 · Staff
Originally on Wedgetail
News
Latest Oil Market News and Analysis for September 7

Oil climbed after the US attacked Iranian tankers and Tehran declared a new restricted zone outside of the Strait of Hormuz, raising concerns about pr...

Sep 06, 2026 · Staff
Originally on Wedgetail
News
Iran accuses US of making world pay for war it started

Iran accuses US of making world pay for war it started Iran’s Foreign Ministry spokesman Ismail Baghaei has accused Washington of blaming Tehran for t...

Sep 06, 2026 · Staff
Originally on Wedgetail
News
Iran says plans to announce new ‘exclusion zone’ near Strait of Hormuz

“Any ship that enters this area with the intention of passing through the Strait of Hormuz and is identified will be placed on our sanctions list”, sa...

Sep 06, 2026 · Staff
Originally on Wedgetail
News
Shipping companies are putting sails back on cargo ships

One of the world's largest logistics companies plans to fit one of its ships with a strange type of sail, the latest in a small but growing number of ...

Sep 06, 2026 · Staff
Originally on Wedgetail
News
Floating wind farms, bendable solar cells: How Koike wants to rewrite Tokyo’s energy blueprint

Tokyo is boosting seismic and flood resilience while striving for greater energy independence.

Sep 06, 2026 · Staff
Originally on Wedgetail
News
Oil Majors Seek Bigger Bargaining Power in Labor Disputes

The biggest oil companies in the United States are playing hardball in unionized labor negotiations in a bid to get more concessions from workers’ uni...

Sep 06, 2026 · Staff
Originally on Wedgetail
News
Iran turns to land trade routes to counter maritime blockade

Iran turns to land trade routes to counter maritime blockade We have more from Iran’s top security official, Mohsen Rezaei. Rezaei says Tehran has sta...

Sep 06, 2026 · Staff
Originally on Wedgetail
News
North Macedonia interested in energy cooperation with Russia — politician

Marjan Dimitriev emphasized that Macedonia needs stable energy supplies at a good price

Sep 06, 2026 · Staff
Originally on Wedgetail
News
Iran will declare a ‘prohibited zone’ near Hormuz in coming days: security chief

Iran’s top security chief Mohsen Rezaei on Sunday said his country would establish a “prohibited zone” near the strategic Strait of Hormuz, state medi...

Sep 06, 2026 · Staff
Originally on Wedgetail
News
Iran threatens 'more painful response' to any further US strikes

Iranian and US forces exchanged fire on Saturday in the contested waters of the Strait of Hormuz.

Sep 06, 2026 · Staff
Originally on Wedgetail