Oil prices surge as US-Iran strikes intensify in Strait of Hormuz
Oil prices spike to six-week highs as US-Iran strikes disrupt traffic in the crucial Strait of Hormuz.
![Kenyan President William Ruto has said foreign investment is welcome in activities requiring greater capital, but foreign nationals should not compete with Kenyans in small-scale businesses such as hawking and retail [Thomas Mukoya/Reuters]](https://aljazeeranews-mggx1uo47w.edgeone.app/wp-content/uploads/2026/06/2024-07-11T132107Z_1080113407_RC2YS8A8JC1V_RTRMADP_3_KENYA-POLITICS-1782290946.jpg?resize=770%2C513&quality=80)
![QatarEnergy's liquefied natural gas (LNG) production facilities in Ras Laffan Industrial City, Qatar [File: Reuters]](https://aljazeeranews-mggx1uo47w.edgeone.app/wp-content/uploads/2026/09/2026-03-02T145258Z_549060419_RC2DWJAYPJFW_RTRMADP_3_IRAN-CRISIS-QATARENERGY-LNG-1788598761.jpg?resize=770%2C513&quality=80)
Advertisement
Content Feed
EXPLAINER
As the China-US AI race reaches Cairo, Egypt faces a strategic decision
Egypt walks a tightrope as China and the US vie for dominance in AI data centre development.
EXPLAINER
Why has the Philippine peso plunged to a record low?
The Southeast Asian country’s currency has plummeted amid the fallout of the Iran war and economic challenges at home.
OpenAI unveils latest AI model amid rising scrutiny and safety concerns
OpenAI claims GPT-6 Astra is the most advanced AI model, amid escalating safety and ethical concerns.
US continues to squeeze Cuban economy with new round of sanctions
Cuba announces new pro-market reforms amid threats of military attack from the Trump administration.
From: NewsFeed
Why are people calling Venezuela oil deal a new form of US colonialism?
Critics call the US multi-billion-dollar oil deal in Venezuela modern-day colonialism.
Published On 3 Sep 2026
NYC’s AI ban through grade 8 sets stage for rest of US, experts say
The ban will last for one year and affect 600,000 students.
Canada ready for a trade deal with US that benefits both, Carney says
Carney says Canada is ready for a deal that benefits both Canadian and US businesses and workers.
EXPLAINER
How much oil is going through Hormuz? Why data doesn’t match US claims
Trump says the US is helping around 30 ships cross the waterway daily, but ship-tracking data suggests it’s fewer.
EXPLAINER
Panama Canal restricts traffic amid Hormuz crisis: Why this matters
Limits on the number of vessels in the canal could create shipping delays and increase freight costs.
EXPLAINER
Why has the Netherlands moved $10bn of its gold from the US?
The Netherlands has $83.7bn worth of gold in domestic and foreign reserves.
