• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Economy

Iran seizes oil tankers, threatens ‘massacre’ in Strait of Hormuz, hours before US talks

by February 6, 2026
by February 6, 2026

Iran seized two foreign oil tankers in the Persian Gulf Thursday, accusing them of smuggling fuel and detaining 15 foreign crew members ahead of high-stakes U.S.–Iran talks Friday in Oman.

Iran’s Islamic Revolutionary Guard Corps (IRGC) navy said it intercepted the two ships near Farsi Island, claiming they were carrying about 1 million liters of smuggled fuel, Reuters reported.

The crews, made up of 15 foreign nationals, were taken into custody and referred to Iran’s judicial authorities, according to Iranian state media.

The IRGC alleged the vessels were part of an organized fuel-smuggling network that had been operating in the region for several months.

Iranian officials said the ships were identified through intelligence monitoring and seized during coordinated naval operations in the Persian Gulf, a vital artery for global energy markets.

According to The Jerusalem Post, Iranian authorities framed the operation as a significant blow to illegal fuel trafficking, though they did not immediately disclose the vessels’ nationalities or destinations.

The seizures come as Iranian rhetoric toward the U.S. has grown hostile.

Ezzatollah Zarghami, a former Iranian minister and ex–state broadcaster chief, issued a warning, threatening violence in the Strait of Hormuz, through which around one-fifth of the world’s oil and petroleum product consumption passes.

‘I am sure that the Strait of Hormuz will be the place of massacre and hell for the U.S.,’ Zarghami said Thursday.

‘Iran will show that the Strait of Hormuz has historically belonged to Iran. The only thing the Americans can think of is playing with their vessels and moving them from one place to another.’

Zarghami later repeated the threat, calling the Strait a potential ‘killing field’ for American forces and signaling Iran’s willingness to escalate amid mounting regional pressure.

Special envoy Steve Witkoff and Jared Kushner are scheduled to meet Iranian officials in Oman Friday.

The pair are traveling from Abu Dhabi after two days of talks related to Russia and Ukraine.

White House press secretary Karoline Leavitt confirmed Thursday that Friday’s talks were still on, stating ‘diplomacy is always [Trump’s] first option.’

This post appeared first on FOX NEWS

0 comment
0
FacebookTwitterPinterestEmail

previous post
In the Money: Definition, Call & Put Options, and Example
next post
Trump signals willingness to defend Diego Garcia military base if future deal threatens US access

Related Posts

Bigger Isn’t Better: A Case for Downsizing the...

March 20, 2026

What 122 Universal Basic Income Experiments Actually Show

March 20, 2026

Interest Rate Caps Keep Coming Back — Bastiat...

March 19, 2026

Congress Knows It Has a Spending Problem, But...

March 19, 2026

Free Speech in the Digital Age: From Natural...

March 18, 2026

Reflections on Saturday Morning TV—and The Regulations That...

March 18, 2026

Monetary Policy Rules Suggest Fed Should Hold Steady...

March 17, 2026

Can Immigration Address America’s Fiscal Nightmare? It Depends

March 17, 2026

The Long Shadow of COVID School Closures

March 17, 2026

Fed Officials Face Diverging Mandates

March 16, 2026

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • Dell stock jumps 5% today and it has nothing to do with Dell

    March 23, 2026
  • York Space Systems stock skyrockets 28%: here’s why market is excited

    March 23, 2026
  • Should you chase the momentum in SolarEdge stock today?

    March 23, 2026
  • Evening digest: Bitcoin stalls, UK gilt yields hit 2008 highs

    March 23, 2026
  • S&P 500 down 1.5%, Dow Jones slip 400 points as Iran conflict lifts oil

    March 23, 2026
  • Plug Power stock could jump by 35% soon: here’s why

    March 23, 2026

Editors’ Picks

  • 1

    Pop Mart reports 188% profit surge, plans aggressive global expansion

    March 26, 2025
  • 2

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 3

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 4

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • ‘The Value of Others’ Isn’t Especially Valuable

    April 17, 2025
  • 6

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 7

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025

Categories

  • Economy (4,454)
  • Editor's Pick (568)
  • Investing (875)
  • Stock (2,842)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Two Cheers (and a Warning) for May’s...

June 12, 2025

Trump foe Boasberg orders DOJ to detail...

July 25, 2025

Biden fails to remember when son Beau...

May 17, 2025