Middle East crisis live: Trump extends ceasefire but US and Iran at loggerheads over port blockade
US Treasury secretary Scott Bessent says Iran’s Kharg Island storage facilities will be full and their ‘fragile’ oil wells shut in mere days because of the blockade; oil prices rise...
By Mark Saunokonoko · The Guardian World
US Treasury secretary Scott Bessent says Iran’s Kharg Island storage facilities will be full and their ‘fragile’ oil wells shut in mere days because of the blockade; oil prices rise amid ongoing uncertainty Trump announces extension of Iran ceasefire until ‘discussion concluded’ Far-flung Pacific nations are reeling from the impact of a global fuel crisis. Aid agencies have warned that the crisis has driven up prices for diesel, petrol and kerosene by as much as 70% in Papua New Guinea since the start of the Iran war. Continue reading...