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The Latest Breaking News from Hormuz

Truce and fire: The ghost of Versailles haunts Trump. But is Iran overplaying its hand?

President Trump declared the June 17 ceasefire with Iran over, ordering fresh US strikes. Iran responded by targeting tankers in the Strait of Hormuz, escalating tensions. The conflict's tempo is now largely controlled by Iran's ability to disrupt oil shipments. Both sides face pressures, with neither in a decisive position…

The Times of India

Is Hormuz reopening or shutting down? Shipping data and IRGC claims don’t match

Oil tanker traffic through the Strait of Hormuz slowed significantly on Thursday. Renewed US airstrikes and Iranian retaliatory attacks heightened security concerns in the Gulf. Iran's IRGC Navy claimed the strategic waterway was secured and gradually reopening. Several vessels turned off tracking systems, limiting visibility of actual ship movements. Shipping…

The Times of India

Iran-US talks: Key takeaways from first round in Switzerland

Recent discussions between Iran and the US in Switzerland mark a promising step towards resolving the Middle East conflict, facilitated by Pakistan and Qatar. The two countries have established a timeline to reach a conclusive agreement within 60 days, which encompasses creating a de-confliction cell for Lebanon and a communication…

The Economic Times

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Iranian negotiators said to still be engaged in talks with US

Despite Iranian media claims of a walkout, US-Iran talks in Switzerland are continuing. President Trump's threats of further strikes over Hezbollah's actions in Lebanon have complicated discussions. Key issues like the Strait of Hormuz, sanctions, and frozen assets remain central, with the conflict in Lebanon proving a significant hurdle for…

The Economic Times

Hormuz closed again: Will the US-Iran MoU soon sink in the strait?

Iran has closed the Strait of Hormuz, citing Israeli actions in Lebanon, a move that plunged a new US-Iran deal into crisis. The agreement aimed to freeze multiple conflicts, including Lebanon, in exchange for sanctions relief. Iran's actions suggest a strategy of exerting pressure for concessions rather than abandoning the…

The Economic Times

Bitcoin Tops $65,000 As U.S.-Iran Hormuz Deal Sparks Rally Across Riskier Assets

Bitcoin climbed above $65,000 on Monday, reaching its highest level in nearly two weeks as investors reacted to an agreement between the United States and Iran to reopen the Strait of Hormuz.

International Business Times

Tentative deal on ending the Iran war sends stocks soaring, oil prices to lowest levels in months

Markets on Wall Street were poised to follow global markets sharply higher after a tentative deal was announced on ending the Iran war and reopening the Strait of Hormuz, while oil prices fell close to $5 a barrel

AAP

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Hormuz halt forces Middle East trade into huge rewiring

A year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of Hormuz closures. Recent conflict forced these plans into action, disrupting global supply chains and prompting companies like Spinneys and DP World to utilize extensive road networks across the…

The Economic Times

Shipowners on edge for news on Hormuz as ‘dark’ oil flows swell

Shipowners are closely monitoring a potential US-Iran peace deal and its implications for the Strait of Hormuz. While some express caution, others anticipate a surge in activity if the vital waterway fully reopens. Even now, oil is discreetly flowing through the strait. A reopening could lead to a significant influx…

The Economic Times

Iran will 'have to pay the price' after strikes: Trump

Hours after Iran launched tit-for-tat strikes against the US, President Donald Trump says Tehran must "pay the price" for taking too long to reach a deal.

AAP

From trickle to torrent: Hormuz reopening may trigger a global oil flood

The reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned near the Gulf and oil infrastructure largely preserved during the shutdown, producers are expected to ramp up output quickly once shipping resumes. Industry experts believe a significant portion of the…

The Economic Times

ICC Secretary General: The Hormuz clock that matters isn't diplomatic — it's agricultural

The real clock on the Hormuz closure is agricultural — and by the time the food crisis is visible, the decisions that caused it will be six months old.

Fortune

Collapse is near: Trump's window to resolve Iran crisis closing fast

West Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil supplies. Economists warn of a significant economic shock if a US-Iran agreement remains elusive. This conflict threatens jobs and economic growth worldwide, particularly in Europe and Asia. The world…

The Economic Times

Iran-U.S. war could erupt again, warns Washington as Strait of Hormuz blockade continues. What to expect this week?

Pentagon chief Pete Hegseth, while attending a defense summit in Singapore, said on Saturday that Washington was "more than capable" of restarting the war if necessary.

The Economic Times

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The Economic Times

Trump’s bind deepens with Hormuz shut and hawks pushing war

President Trump faces pressure from Iran's demands for financial relief and Republican hawks urging a decisive end to the conflict. This has led to fluctuating promises of a deal and threats of renewed military action, complicating efforts to resolve the ongoing war and open the Strait of Hormuz.

The Economic Times

Dollar wobbles as markets cling to hopes for Middle East peace deal

Investor optimism for a deal to reopen the Strait of Hormuz is boosting markets. Hopes of peace have lowered oil prices and eased pressure on emerging market currencies. Iran's top negotiator is in Doha for talks. U.S. President Donald Trump indicated talks are progressing positively. However, fresh U.S. strikes on…

The Conversation

Is the Gulf losing its grip on the oil world?

One of the most striking features of the Iran war has been the resilience of the global oil market. Despite the disruption of flows through the Strait of Hormuz, the world’s most important oil transit chokepoint, prices have generally hovered around US$100 (£75) per barrel – a lower level than…

International Business Times UK

Ryanair Locked In Fuel at Half the Spot Price Yet Still Warns Passengers to Expect Higher Fares

Despite airline industry struggles, Ryanair remains confident about Europe's fuel supply but warns fares could rise if the Strait of Hormuz stays closed.

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The Economic Times

Oil Price Today (May 15): Crude oil above $105 as Iran war resolution stagnates. Where is liquid gold headed?

Oil prices climbed Friday amid fears of ship attacks and seizures, despite Iran's claims of safe passage through the Strait of Hormuz. Traders are also watching US-China trade talks closely. Geopolitical tensions remain high, with disruptions significantly tightening global oil supplies and potentially impacting prices until late 2027.

The Times of India

Trump says Xi vowed not to arm Iran, offered help to open Hormuz

US President Donald Trump has said that Chinese President Xi Jinping had offered China’s help to reopen the Strait of Hormuz and pledged not to provide military equipment to Iran amid its war with the United States and Israel.

The Economic Times

Oil Price Today (May 14): Crude oil above $105 per barrel. Here’s why Trump-Xi meeting is important for Strait of Hormuz

Oil prices edged higher as investors awaited talks between U.S. President Trump and Chinese President Xi Jinping, focusing on economic gains and geopolitical issues like the Iran war. Despite concerns over interest rate hikes, crude futures saw slight increases, with analysts warning of potential price surges if the Strait of…

International Business Times

Trump Shocks Critics After Calling Strait of Hormuz Shutdown the 'Smartest Move in History'

Trump hails Strait of Hormuz shutdown as history's smartest move, even as petrol tops $4.52 and Iran ceasefire talks collapse, escalating rhetoric in the conflict's tenth week.

Radio France Internationale

French navy warns stranded ships as Iran blockades choke Hormuz

A dozen members of the French navy scour screens for blinking lights indicating movement thousands of kilometres away near the Strait of Hormuz.

International Business Times UK

Trump Savaged by Wall Street Traders With Brutal New Four Letter Code to Mock His Recent Economic Retreats

Wall Street traders have coined 'NACHO' to mock Trump's handling of the Strait of Hormuz, following the 'TACO' acronym that critiqued his tariff retreats.

The Independent UK

Tired and worried, seafarers have been stranded in the Persian Gulf for weeks

Around 20,000 seafarers on hundreds of vessels are stuck in the Persian Gulf, unable to cross the Strait of Hormuz that remains effectively shut by Iran

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