The World Right Now

Tensions between the US and Iran have led to the closure of the Strait of Hormuz, causing oil prices to rise and markets to become increasingly volatile.

Two soldiers will face 30 days of military detention after vandalizing a Jesus statue in a Lebanese town near the border with Israel.

Senior Iranian politician Ebrahim Azizi tells BBC Tehran will decide the right of passage through the crucial shipping route.

The Iran-backed armed group denied any connection to the incident, which is being investigated

Iran threatens to close Strait of Hormuz if US continues blockade, accuses Trump of spreading falsehoods

Trump Announces Ceasefire to Begin Within Hours, Israeli Forces to Remain in South Lebanon

The Strait's Uncertain Future: What You Need to Know Before the June 23 Deadline

Kyiv accuses Moscow of looting grain from occupied territories, sparking diplomatic tensions between the two nations

Price of crude oil sees sharp swing as uncertainty over war in Middle East continues, with Iran's crude oil exports expected to plunge to 300,000 barrels per day.