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The Latest Breaking News from Strait of Hormuz

Rubio warns Hormuz tolls would 'spread like contagion' to other waterways

US Secretary of State Marco Rubio warned that imposing tolls on ships in the Strait of Hormuz would lead to "total chaos," a stance reiterated by Oman which stated no fees would be levied. Iran, however, insisted on its authorization for passage and appeared to criticize Oman's new shipping route.…

The Economic Times

Reopening of Strait of Hormuz to lower tail risk, but supply normalisation to be costly: S&P

S&P Global Ratings suggests reopening the Strait of Hormuz eases immediate risks for Asia Pacific, but expects uneven and costly supply normalisation. While a US-Iran MoU is constructive, unresolved issues persist. Delays in pre-conflict flows could keep energy and input costs elevated, impacting sectors like petrochemicals and agriculture, with South…

The Economic Times

Stoic Warrior oil tanker navigates the Strait of Hormuz despite Iran threats

The Stoic Warrior took off early Thursday morning on a trip that saw it hug the coast of the United Arab Emirates and then Oman

The Independent UK

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Iran-US technical talks to be held in Switzerland by end of June, Rubio says

US Secretary of State Marco Rubio said during his tour of Gulf countries Wednesday that he believed technical talks between the United States and Iran would resume on June 29 or 30 in Switzerland. Earlier Israel’s Defence Minister Israel Katz said Israel would not withdraw from south Lebanon, even under…

France 24

Top US diplomat echoes British demand for toll-free Strait of Hormuz waterway

Uncertainty continues to hang over the strategic Gulf sea route, which remains a flashpoint in talks between the US and Iran.

Evening Standard

Rubio says US will not accept Iranian tolls on Hormuz

US Secretary of State Marco Rubio firmly stated that Washington will not permit any tolls on the Strait of Hormuz, an international waterway. This comes as Iran and Oman announced they would study administration and costs for the route, asserting sovereignty. Meanwhile, the UN is set to evacuate over 11,000…

The Economic Times

Crude Oil Prices Fall as Oil Supplies Flow Through the Strait of Hormuz

August WTI crude oil (CLQ26 ) today is down -0.67 (-0.91%), and August RBOB gasoline (RBQ26 ) is down -0.0534 (-1.85%). Crude oil and gasoline prices are under pressure today, with crude oil falling to a 3.5-month low. Today’s rally in the dollar index ($DXY ) to a 13-month high...

Barchart

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Hormuz shipping activity shows signs of recovery; Indian refiners shine amid disruption: S&P Global

Shipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far below pre-war levels. Indian refiners, however, are demonstrating remarkable resilience, successfully diversifying their crude oil sources to include Russian, Brazilian, West African, and US grades amidst ongoing global energy supply…

The Economic Times

The Strait of Hormuz is finally reopening but Europe’s food chain suppliers cannot afford to be complacent

Our study of agri-food systems suggests that the most powerful resilience levers are not found inside single firms, but in the supply chain’s ability to adapt, collaborate, and move quickly as a network.

The Conversation

Iran-U. S war ends but Strait of Hormuz disruptions could continue for months ahead. Here's why

Strait of Hormuz continues to remain the bone of the contention in Iran-U.S. deal and middle-east gulf countries' geo-politics. The question remains when will situation normalize.

The Economic Times

Monday ship traffic through Strait of Hormuz highest since start of war: monitor

A record 36 commodity carriers navigated the Strait of Hormuz on Monday, a significant uptick following a US-Iran memorandum to end the Middle East war. This surge, nearing a third of normal peacetime traffic, follows Iran's earlier closure of the vital waterway. Despite a recent reopening, Iran's assertion of administering…

The Economic Times

India welcomes US-Iran peace deal, NSA Doval says pact brings 'cautious optimism'

India's National Security Advisor Ajit Doval expressed cautious optimism regarding the US-Iran MOU, anticipating it will bolster energy security and ease supply chain issues for crucial goods like fertilisers. He highlighted the positive implications for freedom of navigation in the Strait of Hormuz, predicting a significant boost to regional and…

The Economic Times

Iran-US war latest: Trump says Tehran willing to ‘give us anything’ as Senate votes to block his military action

Iran has denied that it has agreed to the inspections and warned against ‘exaggerations’

The Independent UK

Middle East live: Hezbollah demands full Israeli withdrawal from south Lebanon

Hezbollah leader Naim Gassem on Tuesday insisted upon a complete, scheduled withdrawal of Israel’s troops from southern Lebanon after authorities earlier said Israeli fire had killed two people there despite a ceasefire. "Israel has no choice but to fully withdraw … without retaining an inch," he said in a televised…

France 24

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The Economic Times

Oil gains after selloff, awaits progress on Strait of Hormuz flows

Oil prices saw a slight rebound Tuesday, recovering from Monday's sharp decline. This uptick follows tempered optimism surrounding U.S.-Iran peace talks and a potential easing of tensions in the Strait of Hormuz. Investors are cautiously awaiting concrete signs of restored crude flow through the vital waterway, with market skepticism remaining…

France 24

Vance says UN nuclear inspectors will return to Iran as US suspends sanctions

The United States temporarily eased sanctions on Iranian oil on Monday after Vice President JD Vance said Tehran had agreed to allow UN nuclear inspectors back into the country, marking a significant step in renewed negotiations aimed at curbing Iran's nuclear programme and stabilising the Strait of Hormuz.

The Independent UK

Bulletin world briefing: France’s heatwave turns deadly and Trump threatens to take over Iran

Toddlers found dead inside car in France amid heatwave temperatures Trump’s new Iran threat if country attempts to close Strait of Hormuz Qatar gas facility explosion kills 13 with dozens more injured Ebola death toll reaches grim new milestone in Congo Quebec town makes history by granting legal rights to…

International Business Times UK

'The Strait of Hormuz Is Not Your Personal Casino': Iran Mocks Trump After Fresh Threat

Iran and Trump trade sharp threats over the Strait of Hormuz as tensions rise, with fiery exchanges over sovereignty, oil security, and regional military escalation.

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The Conversation

Will the US-Iran talks in Switzerland deliver peace? It’s unlikely

When it was signed at the end of the G7 summit on June 17, the US-Iran memorandum of understanding (MoU) was hailed as a diplomatic breakthrough. By reopening the Strait of Hormuz, easing sanctions and launching a 60-day negotiating process, it felt like a positive step on the road to…

The Economic Times

Iran, US establish communication line to safeguard shipping through Hormuz, say mediators

Iran and the United States have established a direct communication line to "avoid incidents and miscommunication" in the Strait of Hormuz, mediators Qatar and Pakistan announced on Monday after the first round of high-level talks under a 14-point Memorandum of Understanding (MoU).

The Times of India

Hormuz 'communication line', Lebanon 'de-confliction cell': 5 key outcomes from first round of Iran-US talks

Iran and the US have achieved significant progress in high-level talks aimed at ending hostilities and reaching a political settlement. Key outcomes include a 60-day roadmap for a final agreement, the establishment of a Lebanon de-confliction mechanism, and a direct communication line for the Strait of Hormuz. Economic relief for…

France 24

Switzerland talks enter tough phase after Trump renews threats against Iran

US Vice President JD Vance said Sunday there was a chance to “turn over a new leaf” with Iran as negotiators met in Switzerland to build on last week’s interim agreement. But President Donald Trump’s renewed threats over Iran-backed Hezbollah and the Strait of Hormuz – and Israel's refusal to…

International Business Times UK

Peace Deal on the Brink? US-Iran Talks Open in Switzerland as Strait of Hormuz Crisis Threatens to Blow Up Fragile Ceasefire

US and Iran engage in crucial peace talks in Switzerland to solidify a fragile ceasefire amidst tensions over the Strait of Hormuz, impacting global energy markets

International Business Times UK

'Your Civilization Will Die': Trump Threatens Iran and Demands US Tolls on Waterway Moving 20% of Global Oil

Trump's latest Truth Social post turns the Strait of Hormuz into a political pressure point, with tolls, ceasefire terms and oil flows all in play.

The Independent UK

Trump threatens tolls in Strait of Hormuz if peace deal not reached

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