Oil Prices Surge Amid US Strikes on Iran and Strait of Hormuz Shipping Incident
Oil prices rose sharply on July 20, 2026, following US military actions against Iran and a fire aboard a vessel in the strategic Strait of Hormuz.
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Oil prices rose sharply on July 20, 2026, following US military actions against Iran and a fire aboard a vessel in the strategic Strait of Hormuz.
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Analysts warn that recognizing Iran's control over the Strait of Hormuz could encourage other nations to claim strategic waterways, increasing risks for international maritime navigation.
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US President Donald Trump’s recent address raised concerns among minority communities and drew rebuke from China’s foreign ministry and Chinese-American groups.
South China Morning Post World | Jul 17, 2026, 11:36 PMShowing 193-216 of 438 articles.