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Trump threatens to bomb Oman, widening the war that crippled the global economy | Fortune 0
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- August 19, 2026
U.S. President Donald Trump threatened to bomb Oman because he is unhappy the country is close to a deal with Iran to manage ship traffic through the Strait of Hormuz, two regional officials said on Tuesday, a day after Trump leveled the threat. The officials said the Trump administration has told Oman it is opposed to parts of the yet-to-be-announced deal, including the
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Nonprofit Production Waterwell Doubles Funding for Unseen Iran Grants to Artists Representing the Diaspora in Film, TV, Theater and More 0
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- August 18, 2026
Nonprofit production venture Waterwell, co-founded by “Succession” player Arian Moayed, and nonprofit Nimruz has doubled the funding for their program of Unseen Iran Grants now in its second cycle. Funding for the grant program has grown to $100,000 to supporting 10 artists representing the Iranian diaspora with TV, film, theater and creative projects in other
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The global ‘freedom of the seas’ is dying in the Strait of Hormuz—and everyone, everywhere, will pay the tolls | Fortune 0
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- August 18, 2026
Concerns are growing that the de-facto tolling of the Strait of Hormuz could trigger a domino effect for key shipping bottlenecks worldwide, creating more global inflation and effectively killing key components of international maritime law. As Iran insists on some form of fee structure for traversing the now-infamous strait—and the U.S. increasingly seems unable to
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U.S. strategic reserves are getting so low it threatens damaging the 60 underground salt caverns storing American oil | Fortune 0
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- August 18, 2026
Strategic oil inventories have reached a 40-year low, and experts warn their continued depletion could damage the underground caverns where the reserves are stored. Last week, the Strategic Petroleum Reserve (SPR) plunged below 300 million barrels for the first time since the 1980s, when the reserves were being filled, according to the Department of Energy.
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Trump threatens to bomb Oman if it ‘gets in the way’ over Iran issue 0
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- August 17, 2026
President Donald Trump has threatened to bomb Oman – a US ally – if it “gets in the way” of his administration’s own talks with Iran, Fox News reports. A reporter for the network said the US president made the comment during a phone call on Monday, during which he also said the US had
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Iran’s oil is trapped while rivals’ exports from the Persian Gulf are poised to surge, but Tehran could do whatever it takes to break the chokehold | Fortune 0
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- August 16, 2026
The U.S. can’t fully reopen the Strait of Hormuz, and Iran can’t stop every ship from transporting oil through narrow waterway. At the same time, the U.S. is preventing Iran from exporting its crude supplies or importing critical goods, while American forces grapple with munitions and readiness issues. The result has been a stalemate where
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