Iran threatens to retaliate against Gulf ports for US blockade

April 13, 2026 5:19 PM

Iran threatens to retaliate against Gulf ports for US blockade

The U.S. military said it will begin a blockade of ships leaving Iran's ports on Monday, and Tehran threatened to retaliate against ports of its Gulf neighbours, after weekend talks failed to reach a deal to end the war, leaving a ceasefire in jeopardy. Oil prices surged when trade reopened on Monday, with no sign of a swift reopening of the Strait of Hormuz to ease the worst ever disruption in supplies. Since the war started, Iran has effectively shut the strait to all vessels except its own,...

US shoots down Iranian drone approaching aircraft carrier, official says

February 4, 2026 12:25 PM

US shoots down Iranian drone approaching aircraft carrier, official says

The U.S. military on Tuesday shot down an Iranian drone that "aggressively" approached the Abraham Lincoln aircraft carrier in the Arabian Sea, the U.S. military said. The incident came as diplomats sought to arrange nuclear talks between Iran and the United States, and U.S. President Donald Trump warned that with U.S. warships heading toward Iran, "bad things" would probably happen if a deal could not be reached. Oil futures prices LCOc1 rose more than $1 per barrel after news the drone was s...