Iran's top ⁠joint military ​command ‌announced the ‌closure ⁠of the ⁠Strait of Hormuz ​on ​Thursday, including oil ⁠tankers ⁠and ⁠commercial ships, saying ​any vessel ​that ⁠will ⁠attempt passage will be shot ⁠at.

Iran has sealed off the Strait of Hormuz amid fresh hostilities with the US, as Aussie experts warn the conflict could see fuel costs surge “much higher”.

Iran's Strait of Hormuz closure and missile strikes hit crypto markets as US Treasury freezes $344M in Bitcoin linked to sanctions evasion.

It was not immediately clear what led to the incident, which came at a time when the cease-fire in the war has grown tenuous.

An uncrewed vessel picked up two crew members of an Apache helicopter that went down on Monday, US officials tells CBS News.

The projects aren’t coming online anytime soon, but countries from Suriname to Syria see an opportunity to be the next energy “safe haven.”

There have been no known direct talks between the two sides since April 11, and escalating tit-for-tat strikes threaten a return to all-out conflict.