Industry News
Trump Shifts Strategy to Economic Pressure on Iran, Leaving Hormuz Oil in Limbo
US President Donald Trump has adopted a low-key approach to negotiations with Iran, choosing to rely on economic pressure rather than new military strikes. The strategic shift leaves oil flows through the Strait of Hormuz in limbo despite ongoing shuttle tanker traffic. Energy infrastructure in the region faces persistent threats, including a missile attack on a UAE vessel and a fire at Saudi Arabia's Jazan refinery.
