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Thursday, 30 July 2026
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Thursday, 30 July 2026
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Ghanaian press · Place

Strait of Hormuz

2026-04-252026-07-30

In coverage

Verbatim sentences from the source article.

  1. July 2026
  2. Joy Online

    Oil tankers can be stuck somewhere, as we’re seeing right now” in the Strait of Hormuz, Russo said.

    Trump signs Saudi nuclear pact without Israel normalisation requirement
  3. The Chronicle

    But that again requires that we stay vigilant on the risks going forward.” He identified renewed tensions in the Middle East, particularly developments around the Strait of Hormuz, together with possible upward adjustments in utility tariffs, as the biggest upside risks to inflat

    BoG Endorses COCOBOD’s Local Market Financing Policy
  4. Joy Online

    President Donald Trump’s vowed to destroy an ​Iranian bridge or power plant every time Iran shoots at a ship in the Strait of Hormuz, raising ​the stakes in the war with Iran.

    Oil prices rise to six-week high as US-Iran tensions escalate
  5. Joy Online

    President Donald Trump has threatened that the US would destroy an Iranian bridge or power plant any time its forces attack a ship in the Strait of Hormuz.

    Trump threatens to target Iran’s bridges and power plants if Hormuz attacks persist
  6. The Chronicle

    On the global front, Dr.Asiama warned that renewed tensions around the Strait of Hormuz have pushed Brent crude oil prices above US$85 per barrel, slowing the pace of global disinflation and creating fresh uncertainty for central banks worldwide.

    Disinflation Era Over; But Economy Still Robust …Says Dr Asiamah
  7. The Chronicle

    The US military says it launched another round of strikes against Iran to “further degrade” its capabilities to attack ships in the Strait of Hormuz.

    US launches fresh strikes on Iran, as Trump warns of retaliation for deaths of soldiers
  8. Joy Online

    The Bab el-Mandeb waterway at the southern entrance to the Red Sea has become an increasingly important route for ​Saudi crude exports ​as traffic through ⁠the Strait of Hormuz has fallen sharply since a ceasefire between the United States and Iran collapsed earlier this ​month.

    Oil prices rise slightly after US announces new round of strikes on Iran
  9. The Ghanaian Times

    He attributed this partly to renewed tensions around the Strait of Hormuz, which had pushed Brent crude oil prices above $85 per barrel and slowed global disinflation.

    Inflation outlook to dominate MPC meeting – BoG Governor
  10. The Ghanaian Times

    He attributed this partly to renewed tensions around the Strait of Hormuz, which had pushed Brent crude oil prices above $85 per barrel and slowed global disinflation.

    Inflation outlook to dominate MPC meeting – BoG Governor
  11. The Ghanaian Times

    Although a mid-June ceasefire had briefly eased tensions and brought down crude oil prices, he said renewed hostilities around the Strait of Hormuz had once again pushed Brent crude above 85 dollars per barrel, increasing volatility in international energy markets.

    BoG stops GoldBod gold purchase pre-financing arrangement – Governor
Mining & Energy

Shell's Q2 profits double to $9.84bn amid Iran war

The News

Shell reported second-quarter profits of $9.84bn, more than double the $4.26bn from the same period last year, as the US-Israel conflict with Iran disrupted global oil supplies and pushed prices higher. The oil giant's first-half earnings surged 70% as rising crude prices and trading opportunities boosted results.

8 hours ago · Joy Online

Today

  1. Shell's Q2 profits double to $9.84bn amid Iran war

    Shell reported second-quarter profits of $9.84bn, more than double the $4.26bn from the same period last year, as the US-Israel conflict with Iran disrupted global oil supplies and pushed prices higher. The oil giant's first-half earnings surged 70% as rising crude prices and trading opportunities boosted results.

    8 hours ago · Joy Online

  2. US completes heavy strikes on Iran after missile attacks

    The US military says it has completed a "heavy wave" of strikes against Iran in retaliation for Tuesday's attempted ballistic missile attacks on American forces, hitting "dozens" of Islamic Revolutionary Guard Corps targets. Iranian state media reported the latest strikes killed three people, including a two-year-old child, on Qeshm island and other locations in the south and west of the country.

    8 hours ago · Joy Online

  3. Oil prices fall as Middle East tankers remain in transit

    Brent crude fell 1.42% to $89.45 a barrel and U.S. WTI crude fell 0.66% to $83.90 a barrel on Thursday as tankers continued to move out of the Middle East despite escalating U.S.-Iran tensions. Shipping data showed 39 commodity ships passed through the Bab el-Mandeb strait into the Red Sea on Tuesday, the highest number since July 19, as traders found alternative routes around the largely blocked Strait of Hormuz.

    12 hours ago · Joy Online

  4. Saudi Arabia weighs retaliation or de-escalation after drone attacks

    Saudi Arabia, which has largely avoided involvement in the US-Iran conflict since 28 February, has begun conducting joint strikes with the US on Iranian proxy militias in Iraq after being attacked from three sides. The kingdom now faces a choice between continuing retaliatory strikes as a deterrent or attempting to de-escalate through negotiation.

    13 hours ago · Joy Online

  5. Saudi Arabia joins US in strikes on Iraq militias

    Saudi Arabia and the US carried out strikes against Iran-backed militias in Iraq, with Iraq's paramilitary Popular Mobilisation Forces reporting at least 20 members killed. The strikes followed an Iranian missile attack on US forces in the Middle East that was said to have been intercepted.

    15 hours ago · The Chronicle

Yesterday

  1. Drone hits storage tanker at Egyptian Mediterranean port

    A drone struck a U.S.-owned gas storage tanker at Egypt's port of Damietta, causing a fire that spread to another vessel, according to British maritime security firm Ambrey. The incident occurred amid escalating tensions as the United States and Saudi Arabia struck Iran-backed groups in Iraq and oil prices spiked sharply.

    20 hours ago · Joy Online

  2. Saudi Arabia and US strike Iran-backed militias in Iraq

    Saudi Arabia and the US have carried out strikes against Iran-backed militias in Iraq in response to over 30 IRGC-directed aerial drone attacks in the last 72 hours, escalating Middle East tensions after Iran launched missiles at US forces.

    29 July 2026 · Joy Online

  3. Iran launches ballistic missiles at US forces in Middle East

    Iran launched multiple ballistic missiles in an attempted surprise attack on US forces in the Middle East on Tuesday, with the US military saying all missiles were successfully intercepted. The strike broke a three-day lull in hostilities between the two countries, which had been intended to restart negotiations.

    29 July 2026 · Joy Online

Tuesday 28 July

  1. Ghana should seek cheaper crude oil from Nigeria

    Economist Professor Williams Peprah has urged the government to explore closer energy cooperation with Nigeria to reduce Ghana's fuel import costs, citing global supply disruptions and longer shipping routes from geopolitical tensions as drivers of high petroleum prices.

    28 July 2026 · Joy Online

Monday 27 July

  1. Trump says negotiations ongoing as Iran conflict pauses

    US President Donald Trump said "there are very friendly negotiations going on" about the conflict with Iran after the warring sides did not exchange strikes for a third straight day, expressing optimism that "something could happen," though he warned Washington would resume strikes if talks fail. Tehran denied that direct negotiations are taking place.

    27 July 2026 · Joy Online

  2. Home heating oil prices spike 29% amid US-Iran tensions

    Home heating oil prices in Northern Ireland surged from £346.59 to £445.37 per 500 litres in three weeks, a jump attributed to escalated fighting between the US and Iran. About two-thirds of Northern Ireland households rely on home heating oil, the highest proportion in any UK region.

    27 July 2026 · Joy Online

  3. US pauses Iran strikes for third night to allow diplomacy

    President Trump has halted attacks on Iran for the third consecutive night to create space for talks, according to US ambassador Mike Waltz, while an Iranian spokesperson confirmed Tehran has also paused retaliatory attacks. Oil prices have dropped below $90 per barrel following the pause.

    27 July 2026 · Joy Online

  4. Oil prices fall 4% as US, Iran pause military strikes

    Oil prices tumbled 4% on Monday after the U.S. and Iran paused strikes over the weekend following two weeks of attacks, raising hopes for diplomatic de-escalation and resumption of shipping through the Strait of Hormuz. Brent crude fell to $92.82 a barrel and U.S. West Texas Intermediate to $85.29, both at their lowest levels in nearly a week.

    27 July 2026 · Joy Online

Sunday 26 July

  1. Trump pauses Iran attacks to allow diplomatic talks space

    The US ambassador to the UN said President Trump has paused attacks on Iran for the second night to give diplomacy more time, after nearly two weeks of daily US strikes and tit-for-tat attacks. Iran's army spokesperson said Tehran had halted "retaliatory" attacks in response, and Iran and Oman held technical talks on managing the Strait of Hormuz.

    26 July 2026 · Joy Online

  2. Trump pauses Iran strikes to allow diplomatic negotiations

    US President Donald Trump has paused attacks on Iran for the second night in a row to give diplomacy space, according to US Ambassador to the UN Mike Waltz. Iran's army spokesperson said Tehran had also halted "retaliatory" attacks in response, as Iran and Oman held technical talks on managing the Strait of Hormuz.

    26 July 2026 · Joy Online

Friday 24 July

  1. Ghana's economic reset shows stability but questions remain

    Eight months into Ghana's 2026 Budget reset, the cedi has remained broadly stable and the domestic bond market has reopened after a three-year absence, though observers note that sustaining discipline beyond the IMF programme and translating headline gains into better jobs and living standards remain key tests.

    24 July 2026 · Daily Guide

  2. US launches 13th night of strikes on Iran

    The US military has conducted strikes on Iran for the 13th consecutive night, with Iranian state media reporting four killed and five injured. President Trump said he would use frozen Iranian assets to fund damage to ships caused by attacks, while Iran's Foreign Minister condemned the threat as an incendiary precedent.

    24 July 2026 · Joy Online

Thursday 23 July

  1. Houthi Red Sea attacks threaten global shipping and trade

    Yemen's Houthi fighters have attacked shipping in the Red Sea, forcing vessels to turn back from the Bab El Mandeb strait and threatening to disrupt the main maritime route from Europe to Asia. The attacks come amid escalating US-Iran strikes and a Saudi-nuclear deal that has raised regional tensions.

    23 July 2026 · Joy Online

  2. Houthis attack Saudi tankers; US launches Iran strikes

    Yemen's Iranian-backed Houthis attacked two Saudi oil tankers in the Red Sea, saying they violated a blockade of Saudi ports, while the US carried out its 12th consecutive night of strikes on Iran. Oil prices surged to $100 per barrel following the escalation.

    23 July 2026 · Joy Online

  3. Oil surges to $100 per barrel amid Red Sea tensions

    Brent crude oil rose more than 6% to over $100 per barrel on Thursday, its highest level in eight weeks, after Tehran-backed Houthi rebels claimed attacks on two Saudi oil tankers in the Red Sea and announced a naval blockade on the kingdom. The price surge reflects concerns over disruption to global supplies, as millions of barrels per day pass through the Bab el-Mandeb strait to reach global markets.

    23 July 2026 · Joy Online

  4. Trump administration signs nuclear deal with Saudi Arabia

    The Trump administration reached a nuclear agreement with Saudi Arabia for civilian energy programmes without requiring Saudi Arabia to normalise relations with Israel, reversing a long-standing U.S. policy stance that past presidents had tied to nuclear technology transfers.

    23 July 2026 · Joy Online

  5. Bank of Ghana backs COCOBOD's shift to local financing

    The Governor of the Bank of Ghana has endorsed COCOBOD's transition from syndicated offshore loans to local market financing, saying the move will reduce liquidity injections into the domestic economy and strengthen monetary policy management.

    23 July 2026 · The Chronicle

  6. Oil prices reach six-week high amid US-Iran escalation

    Oil prices rose more than 1.5% to their highest in more than six weeks as the United States launched new strikes on Iran and Yemen's Houthis targeted oil tankers in the Red Sea. Brent crude futures rose to $96, while U.S. West Texas Intermediate crude rose to $88.27, driven by escalating tensions over control of key shipping routes including the Strait of Hormuz.

    23 July 2026 · Joy Online

Wednesday 22 July

  1. Trump threatens Iran strikes over Hormuz shipping attacks

    President Trump threatened that the US would destroy Iranian bridges or power plants, including targets near Tehran, if attacks on ships in the Strait of Hormuz continue. The threat follows US strikes on Iran for the 11th consecutive night, with Iranian air defences activated and explosions reported in several cities including Tabriz, Chabahar, Konarak, and Bushehr.

    22 July 2026 · Joy Online

  2. Ghana's disinflation period ends as prices return toward target

    The Bank of Ghana Governor announced that Ghana's prolonged period of falling inflation has ended, with headline inflation rising to 5.3 percent in June from 3.2 percent in March, driven mainly by higher transport and haulage costs. Despite the increase, inflation remains below the Central Bank's medium-term target band of 8 percent plus or minus two percentage points, and the economy expanded 6.4 percent in the first quarter of 2026.

    22 July 2026 · The Chronicle

  3. US launches tenth night of strikes on Iran capabilities

    The US military struck Iranian military command centres, maritime capabilities, and air defence systems in the 10th consecutive night of attacks, as President Trump vowed retaliation for three US soldiers killed in Jordan and Iraq. Iran's President Pezeshkian said the country is fighting a "full-scale war" with the US and claimed Iranian forces struck two oil tankers in the Strait of Hormuz.

    22 July 2026 · The Chronicle

  4. Oil prices rise on Iran-US military strikes, supply fears

    Brent crude futures rose 0.55% to $91.51 and U.S. West Texas Intermediate climbed 0.36% to $84.64 after U.S. forces struck Iranian military targets for the 11th straight night and Kuwait reported Iranian drone attacks. Fears of supply disruptions intensified as Yemen's Houthis threaten to target vessels carrying Saudi oil in the Red Sea.

    22 July 2026 · Joy Online

Tuesday 21 July

  1. BoG Governor flags inflation rebound as MPC focus

    The Bank of Ghana Governor says the Monetary Policy Committee will focus on recent inflation growth, which rose from 3.2% in March to 5.3% in June, driven largely by transport and haulage costs. He noted that while inflation remains below the target band of 6–10%, the committee must assess whether the rebound reflects temporary factors or signals a sustained trend.

    21 July 2026 · The Ghanaian Times

  2. BoG Governor flags inflation rebound for MPC policy review

    The Governor of the Bank of Ghana has said the recent rise in inflation—which climbed from 3.2 per cent in March to 5.3 per cent in June—will dominate the Monetary Policy Committee's deliberations, as the committee assesses whether the increase reflects temporary factors or a sustained trend.

    21 July 2026 · The Ghanaian Times

  3. Bank of Ghana stops pre-financing GoldBod gold purchases

    The Governor of the Bank of Ghana announced that the central bank has ceased pre-financing gold purchases by GoldBod through its auction arrangement, effective July 1. The decision marks a shift in domestic liquidity management and will be assessed by the Monetary Policy Committee as it reviews the appropriate policy stance.

    21 July 2026 · The Ghanaian Times

Strait of Hormuz — Ghanaian press coverage · Ghana Minute