Strait of Hormuz
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Iran
38 US Service Members Wounded in Middle East Operations in September
DID Press: At least 38 U.S. service members — 29 sailors and nine Marines — were wounded during military operations in the Middle East in September, according to data from the U.S. Department of Defense’s Defense Casualty Analysis System (DCAS).…
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Economy
US Congressman: Americans Are Tired of Rising Diesel Prices
DID Press: Rick Crawford, a Republican congressman from Arkansas, said rising diesel prices amid the war with Iran are causing “fatigue” among Americans. Crawford’s current position as a Republican representative from Arkansas is confirmed by the U.S. House. Crawford said…
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Economy
Oil Prices Rise as Trump Rejects Iran’s Hormuz Proposal
DID Press: Oil prices rose in Asian trading on Monday, Sept. 28, after U.S. President Donald Trump rejected an Iranian proposal to end the conflict and reopen the Strait of Hormuz. Reuters reported that Brent crude futures rose more than…
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Economy
Germany to Cut Petrol, Diesel Taxes to Curb Soaring Fuel Prices
DID Press: Germany will temporarily cut taxes on petrol and diesel from October 1, 2026, as the government seeks to ease the impact of sharply higher fuel prices on households and businesses. The federal government and Germany’s states agreed to…
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Economy
Physical Oil Prices Surpass $130 as Hormuz Flows Plunge
DID Press: Physical crude oil prices have risen above $130 per barrel as disruptions to tanker traffic and sharply reduced oil flows through the Strait of Hormuz continue to put pressure on global energy markets. Recent market reports indicate that…
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Economy
Macron: Strait of Hormuz Remains ‘Almost Blocked’ Despite US Claims
DID Press: French President Emmanuel Macron has said the Strait of Hormuz remains “almost blocked” and that no agreement has been reached to fully reopen the strategic waterway, challenging the U.S. administration’s account of shipping conditions in the strait. Recent…
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Economy
US Gasoline and Diesel Prices Rise Amid Global Energy Supply Disruptions
DID Press: Gasoline and diesel prices in the United States have come under renewed upward pressure as disruptions to global oil supplies, damage to energy infrastructure in the Middle East, and the continuing Russia-Ukraine war raise concerns over fuel availability…
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