WorldPosted at: May 6 2026 5:37PM


Strait of Hormuz traffic to be determined under system reflecting 'new balance of power' throughout region

Tehran, May 6 (UNI) Traffic in the Strait of Hormuz will be managed under a new system that "will likely reflect a new balance of power and security considerations" in the region, with bordering states Iran and Oman playing a central role in controlling the critical waterway, Iranian state news agency IRNA claimed Wednesday.
As per IRNA, officials from Tehran and Muscat had previously discussed potential joint mechanisms to manage maritime traffic in the route, ensure safe passage, and introduce coordinated protocols for vessel movement once conditions in the war-troubled West Asia gain stability.
The Iranian state media further claimed that the proposals for this system of management were framed as efforts to improve security and organisation for shipping traffic in the strait, rather than to restrict navigation, which prior to the joint US-Israel strikes against the Islamic Republic on February 28, had been completely free and unfettered.
Please log in to get detailed story.
Tags: #Strait of Hormuz traffic to be determined under system reflecting 'new balance of power' throughout region
More News

US spent nearly USD 29Bln on military operation against Iran: Pentagon

12 May 2026 | 8:06 PM

Washington, May 12 (UNI) Under Secretary of War and acting Chief Financial Officer Jules W. Hurst III told a House Appropriations Defense Subcommittee hearing that the estimate has increased from roughly $25 billion reported in late April.

see more..

Trump considering resuming bombing campaign of Iran; says ceasefire 'on massive life support'

12 May 2026 | 7:53 PM

Washington, May 12 (UNI) As peace talks between Tehran and Washington remain stalled and seem to be approaching a dead end, US President Donald Trump is again considering resuming the bombing campaign in Iran, three US officials familiar with the matter told Axios on Monday.

see more..

Musk and Cook among top US business leaders accompanying Trump to China

12 May 2026 | 7:36 PM

Washington, May 12 (UNI) A group of 16 prominent US business leaders, including Apple CEO Tim Cook and Tesla CEO Elon Musk, is part of a large business delegation accompanying US President Donald Trump, who is heading to China for the summit.

see more..

Nine children die from measles or related symptoms in past 24hrs; death tally surges to 424

12 May 2026 | 6:44 PM

Dhaka, May 12 (UNI) As Bangladesh's measles outbreak continues to worsen, nine more children died in the country due to the disease or its related symptoms in the past 24 hrs, bringing the total death tally of known and suspected measles deaths to 424.

see more..

US to release 53 3 million barrels from strategic petroleum reserve

12 May 2026 | 6:17 PM

Washington, May 12 (UNI) The US Department of Energy announced plans to release 53.3 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) to help stabilize global fuel supplies.

see more..