Adam Schreck

Stay informed with Adam Schreck’s coverage and analysis.

This photo obtained by AFP from the Iranian news agency Tasnim shows an Islamic Revolutionary Guard Corps (IRGC) boat allegedly taking part in an operation to seize ships attempting to cross the Strait of Hormuz, on April 21, 2026. Oil prices had been climbing earlier as investors worried about a lack of progress in ending the Middle East crisis, with Tehran keeping the Strait of Hormuz closed and the US maintaining a blockade of Iranian ports. (Photo by Meysam MIRZADEH / TASNIM NEWS / AFP via Getty Images) /

Cargo ship near the Strait of Hormuz comes under attack by multiple small boats as the U.S. and Iran exchange peace plans

By Adam Schreck, Melanie Lidman, and others

An Emirati patrol boat, left, is near a tanker anchored in the Gulf of Oman near the Strait of Hormuz, as seen from a coastal road near Khor Fakkan, United Arab Emirates, Friday, May 1, 2026. (AP Photo/Fatima Shbair)

Iran has collected a ‘pittance’ of less than $1.3 million in Hormuz tolls, Bessent says, as currency dives to fresh record low

By Adam Schreck, Melanie Lidman, and others

Benjamin Netanyahu speaks

Benjamin Netanyahu says drone that targeted his house was an assassination attempt

By Adam Schreck, Samy Magdy, and others