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The Latest Breaking News from Strait of Hormuz

Trump indicates how long the blockade in Strait of Hormuz could last

IN FULL

The Independent UK

US Petrol Prices Hit Four-Year High? Reports Claim Gridlock Over Reopening of Strait of Hormuz Sent Cost to $4.18 a Gallon

US petrol prices have surged to a four-year high due to geopolitical tensions over the Strait of Hormuz, affecting global oil supply and consumer costs.

International Business Times UK

A $500 million superyacht linked with Russia’s richest man was just able to pass through the blockaded Strait of Hormuz

The Nord, a 466-foot vessel connected to Russian steel magnate Alexei Mordashov, is the 12th largest superyacht in the world.

Fortune

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Potatoes, milk and chicken among foods UK could see shortages of as a result of Iran war

Fresh produce, meat, dairy, and even toilet paper could be impacted by the closure of the Strait of Hormuz

The Independent UK

Crude Prices Strengthen as Global Oil Supplies Tighten with Strait of Hormuz Closed

June WTI crude oil (CLM26 ) today is up +3.13 (+3.25%), and June RBOB gasoline (RBM26 ) is up +0.0241 (+0.72%). Crude oil and gasoline prices are sharply higher for a second day today, with crude oil posting a 2-week high, and gasoline posting a 3.75-year high. Crude prices continue...

Barchart

Qatar warns Iran it will not be used as 'political punching bag'

Qatar warned Iran on Tuesday it will not be used as a “political punching bag,” calling for a "comprehensive deal" that would secure the Gulf. In response to Euronews, Qatar's foreign ministry spokesman said "we applaud our partners in Europe for taking the lead" in the Strait of Hormuz crisis.

Euronews

Iran’s in ‘state of collapse’ and wants US to open Strait of Hormuz asap, Trump says

IN FULL

The Independent UK

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UAE leaves OPEC, citing national interest in 'a new energy age'

The UAE’s historic decision is a major blow to the alliance of oil producers, just as the global energy crisis is escalating over Iran’s blockade of the Strait of Hormuz, but the Gulf state insists its decision “enhances the UAE’s ability to respond to evolving market needs."

Euronews

Marco Rubio Appears To Reject Iranian Proposal To Reopen Strait Of Hormuz Without Nuclear Deal

Secretary of State Marco Rubio appeared to reject Iran's proposal to end the war and reopen the Strait of Hormuz without a nuclear deal, saying that is the main reason for hostilities.

International Business Times

Oil prices rise again as blockade continues in Strait of Hormuz

IN FULL

The Independent UK

Iran to reopen Strait of Hormuz if US lifts blockade, reports claim

Despite an ongoing ceasefire, the US and Iran are locked in a standoff over the Strait of Hormuz, through which a fifth of the world’s oil and gas trade passes in peacetime.

Euronews

Iran war briefing: Trump meets with national security over Tehran peace plan

Donald Trump discussed Iran's proposal to reopen the Strait of Hormuz and end the Middle East conflict with his national security team on Monday, but a US official told Reuters that the President “doesn’t love the proposal” as he wants a peace plan to address Iran’s nuclear programme. The conflict…

The Independent UK

Iran-US war latest: President shares ‘Strait of Trump’ image after urging Tehran to ‘get smart’ and sign deal

Trump urged Tehran to ‘get smart soon’ and reach an agreement

The Independent UK

French FM says Iran must make 'major concessions' to end crisis

France said Monday that Iran must be ready to make "major concessions" to end a crisis, as countries piled pressure on Tehran at a UN session on its control of the key Strait of Hormuz.

Radio France Internationale

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International Business Times

Baker Hughes CFO Warns Strait of Hormuz May Not Fully Reopen Until Late 2026

Baker Hughes CFO Ahmed Moghal told investors on the company's first-quarter earnings call that Baker Hughes' financial guidance assumes the conflict continues through the end of June.

Barchart

Strait of Hormuz Closure Limits Energy Supplies and Supports Crude Oil Prices

June WTI crude oil (CLM26 ) on Monday closed up +1.97 (+2.09%), and June RBOB gasoline (RBM26 ) closed up +0.0372 (+1.12%). Crude oil and gasoline prices settled sharply higher on Monday, with gasoline posting a 3.75-year high. Crude prices continue to climb as stalled peace talks between the US...

International Business Times UK

Iran to Reopen the Strait of Hormuz? Reports Say Tehran Offered to End Chokehold if US Lifts Blockade and Ends the War

Iran proposes to reopen the Strait of Hormuz if the US lifts its blockade and ends the war. Learn more about this geopolitical shift and its impact on global oil trade.

Euronews

Strait of Hormuz standoff leaves 20,000 seafarers stranded on cargo ships

Thousands of seafarers are stranded as the Iran war shuts down much of the Strait of Hormuz, disrupting global oil and gas trade and raising safety fears.

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The Independent UK

Octopus Energy boss outlines potential energy fears if Strait of Hormuz remains closed

IN FULL

International Business Times

Goldman Sachs Raises Oil Forecasts For 2026 As Strait Of Hormuz Remains Closed

Goldman Sachs has elevated its oil forecasts for the year as the Strait of Hormuz remains closed and prices continue to be elevated.

International Business Times

Iran Reportedly Sends U.S. a New Proposal To End The War And Open The Strait Of Hormuz

Iran has sent the U.S. a new proposal to end the war and reopen the Strait of Hormuz after the weekend failed to produce any progress in negotiations, according to a new report.

The Independent UK

Octopus Energy boss issues bills warning over Strait of Hormuz closure

The CEO of Britain’s biggest energy supplier has outlined what customers can expect in the coming months if the Strait of Hormuz remains closed.

The Independent UK

The Latest: Iran proposes to reopen Strait of Hormuz without nuclear agreement

Iran has offered to end its chokehold on the Strait of Hormuz without addressing its nuclear program

The Independent UK

Iran-US war latest: Trump considers Tehran’s latest peace proposal as Germany warns he’s being ‘humiliated’

Press Secretary Karoline Leavitt ‌said Trump's bottom line demands remain the same

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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