Persian Gulf

Dwindling oil revenue is driving Iran into deeper economic crisis - report

The US's continued efforts to choke Iran's economy appear to be working, although questions over whether financial pressure will suffice for Tehran to concede the Washington's demands remain.

An Iranian woman shops in a store in Tehran, Iran, April 28, 2026.
A Boeing 737 aircraft from the Irish low cost company Ryanair takes off from Toulouse Blagnac airport, in Toulouse, southern France, on May 20, 2026; Illustrative.

EASA narrows warning to airlines over flying in Persian Gulf airspace amid renewed US-Iran strikes

 US President Donald Trump seen over an illustrative image of American-Iranian ties (illustrative)

Trump chose national security over political safety in confronting Iran - opinion

US Secretary of the Treasury Scott Bessent takes questions from reporters as he speaks during a press conference in Washington, DC on August 24, 2026. Bessent, in a column for the Financial Times, declared that an "economic D-Day" had begun against Tehran on Monday.

Iran economic sanctions leading to extremist regime elements gaining power, dissident says - report


What are Iran's options to escalate further in face of US economic threats? - explainer

Iranian attacks and threats to shipping have already stopped most traffic through the Strait of Hormuz, largely shutting down a waterway that once carried around a fifth of global energy.

FILE PHOTO: People walk on the beach, with vessels in the Strait of Hormuz visible near the beach of Bandar Abbas, Iran, May 22, 2026.

Oil tankers going dark to evade Iranian attacks raises major oil spill risk in Gulf - report

Three separate oil spills are already spreading through the Persian Gulf and the Gulf of Oman, putting multiple ecosystems at risk.

This photograph obtained from Iran's ISNA news agency on August 13, 2026 shows an oil slick along the southern coast of Qeshm Island, Iran, August 13, 2026.

Over 750 US servicemen have been wounded in Iran war, Pentagon numbers reveal - report

A total of 18 US soldiers have been killed and 756 wounded in the US-Iran war, a number that has risen despite recent ceasefire efforts.

An MH-60S Sea Hawk prepares to land on the flight deck of the U.S. Navy Nimitz-class aircraft carrier USS Abraham Lincoln which is supporting US military operations in the war with Iran, August 14, 2026.

Iran attempting to 'flip narrative' by accusing Qatar of holding pilots captive, analyst says

Dr. Ahmed Alkhuzaie told the 'Post' that Iran’s decision to drag a “neutral Gulf state,” which has largely acted as an ally for Tehran, into its war with the United States was a clear miscalculation.

A Russian air force Sukhoi Su-24 bomber lands at the Russian Hmeimim military base in Latakia province, in the northwest of Syria, on December 16, 2015; Illustrative.

Iran claims control of Strait of Hormuz, rejecting Trump’s claim of US total dominance

The remarks came a day after US President Donald Trump wrote on his Truth Social platform that the US had "total control" of the strategic waterway.

A person wades in the water as ships are seen anchored in the Strait of Hormuz on August 10, 2026 off the coast of Bandar Abbas, Iran.

The Islamic Republic is exporting the costs of its economic failure - opinion

For nearly five decades, the Islamic Republic has diverted national resources toward ideological expansion, proxy warfare, and regional confrontation.

Iranian Rial banknotes over a backdrop of the Iranian flag; illustration.

Gulf states pay the price as shipping crisis exposes costly dependence on the Strait of Hormuz

"A lot of the necessities, and I'm talking food, that these Gulf nations require - Kuwait, the UAE, Bahrain, Qatar, Saudi Arabia - comes in by boat," and flying in goods is causing prices to rise.

The sun sets behind the Doha skyline on August 4, 2026.

Trump declared victory in Iran. The war says otherwise - opinion

This was another case of what has come to be known as TACO, Trump Chickens Out Again. This is not the first – and likely not the last – time he warns of strikes only to back down at the last minute.

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 18, 2026.

Iran sees strategic advantage, Trump seeks to avoid more war, former Israeli security official says

Avner Vilan said Tehran believes its control of the Strait of Hormuz and ability to survive heavy damage would allow it to keep pressuring the region even after US strikes.

 An anti-Israel billboard is seen next to the Iranian flag during a celebration following the IRGC attack on Israel, in Tehran, Iran, April 15, 2024.

Iran, Oman make 'some progress' in talks over Strait of Hormuz navigation, sources tell 'Post'

One of the sources said Oman has proposed establishing a regional consortium that would oversee maritime security, search-and-rescue operations, and other forms of regional cooperation.

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 18, 2026.