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The Latest Breaking News from the Persian Gulf

Hopes for reopening the Strait of Hormuz push Asian shares higher, as oil prices hold above $100

Asian shares are sharply higher and the price of crude oil was holding above $100 a barrel as investors bet on hopes the U.S. and Iran will strike a deal allowing tankers to deliver crude from the Persian Gulf again

The Independent UK

Shipping firms are being whipsawed by changing stances and risks as they wait for Hormuz to reopen

With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by uncertainty over how and when the Strait of Hormuz might reopen more than two months into the Iran war

The Independent UK

The Ceasefire Is Over: US and Iran Exchanging Missile Strikes as UAE Claims It Was Hit by Iranian Drones

The fragile ceasefire between the US and Iran has collapsed, leading to renewed military exchanges in the Persian Gulf and raising fears of a broader regional conflict.

International Business Times UK

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80% of Africa’s fertiliser is imported: how food systems can adapt to the Iran shock

Conflict in the Persian Gulf is disrupting fertiliser supplies, and Africa’s food systems stand to lose.

The Conversation

‘No place in Gulf, except at bottom of its waters’: Iran’s Khamenei slams ‘Great Satan’ US, rejects nuclear curbs

Iran's Supreme Leader Ayatollah Mojtaba Khamenei declared Iran's nuclear and missile capabilities non-negotiable, calling the US the "Great Satan" and asserting that foreigners have no place in the Persian Gulf. He emphasized that Iran's technological and military assets are national treasures to be protected by its population.

The Times of India

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

The Independent UK

What was Operation Eagle Claw? Iran reminds US of 46-year-old failure amid naval blockade tensions

Iran's judiciary chief warned the US of repeating "Isfahan and Tabas" incidents if tensions escalate in the Persian Gulf. This warning coincides with the 46th anniversary of the failed US Operation Eagle Claw in 1980, a mission to rescue American hostages in Tehran that ended in disaster and casualties.

The Times of India

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'Iran's Maldives' could drown in oil due to spills from air strikes, satellites show

Air strikes on oil facilities and oil tankers in the Persian Gulf have unleashed what is set to become an ecological catastrophe, satellite images show.

LiveScience

Gulf Evacuation Warning: 'Time Is Running Out' as Iran Adviser Urges Immediate Exit From UAE, Saudi Arabia, Qatar, Bahrain and Kuwait

A social media post urging evacuation from Gulf nations has caused concern, despite no official directives. The warning highlights the strategic importance of the Strait of Hormuz.

International Business Times UK

Talks on hold as Hormuz hardball threatens second round

The TOI correspondent from Washington: Prospects of a second round of talks between the United States and Iran hangs in suspense amid a fog of mistrust and misinformation after Teheran conveyed to Washington it is not ready to turn up in Islamabad in the face of what it sees as…

The Times of India

Traffic and trepidation in the Persian Gulf could keep gasoline prices from dropping quickly

Oil prices plunged and the stock market rallied after U.S. President Donald Trump and Iran’s foreign minister said that the Strait of Hormuz is fully open

The Independent UK

US blockade of Strait of Hormuz ratchets up tensions with China ahead of Trump visit to Beijing

The Trump administration’s decision to carry out a naval blockade of the Strait of Hormuz has raised tensions in the Persian Gulf to new and more perilous levels. The move was announced by the US president, Donald Trump, after negotiations over a ceasefire with Iran broke down on April 11,…

The Conversation

Trump vows to hit Iran ships as US begins strait blockade

WASHINGTON : The US military said it would begin enforcing President Donald Trump-announced blockade of the Hormuz Strait at 10am EST on Monday (7.30pm IST), while clarifying that the embargo will only apply to vessels entering or departing Iranian ports and not other Gulf entrepôts. Iran responded by saying “no…

The Times of India

Strait of Hormuz blockade: the complex regional realities the US ignores at its peril

After the breakdown of ceasefire talks between the United States and Iran, President Donald Trump has now ordered a blockade of the pivotal Strait of Hormuz in the Persian Gulf.

The Conversation

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The Independent UK

Photos show boats sitting idle at Mumbai’s historic dock as the Iran war drives up fuel costs

Since it was first built in 1875, the Sassoon Dock in India’s financial capital of Mumbai has been many things: a gateway for trade with the Persian Gulf, a bustling hub for traders and laborers, as well as a center for commerce in textiles, spices, and opium.

The Conversation

Why the Persian Gulf has more oil and gas than anywhere else on Earth

It has been said that Persian Gulf countries are both blessed and cursed by their vast oil and gas reserves. Geologic forces over millions of years have meant the region is an energy-rich global flash point, as it is now with a war underway that’s causing a global energy crisis.

The Conversation

US and Iran: A brief history of how decades of mistrust and bad blood led to open warfare

With U.S. bombs raining down on Iran and Tehran’s leaders responding by hitting targets across the Persian Gulf and restricting transit through the Strait of Hormuz, it is fair to suggest that the present moment represents a low in relations between the two countries.

Newslaundry

God on their side, the bill on ours: Counting the real cost of the war in West Asia for India

With guns in their hands and God on their side – Bob Dylan John Mearsheimer writes in The Tragedy of Great Power Politics: “States rarely go to war unless they think that rapid success is likely.”It has been more than a month since Benjamin Netanyahu and Donald Trump started the…

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Euronews

Trump says US can open Hormuz with 'a little more time' and asks Congress for $1.5tr for defence

Lying between the Persian Gulf and the Gulf of Oman, the Strait of Hormuz is one of the most strategic and vital corridors for the transport of energy and has been effectively closed by Iran since the start of the war.

The Conversation

What is Benjamin Netanyahu’s end game in the Iran war?

The war between the United States, Israel, and Iran is now into its second month. Despite spectacular early successes, the resilience of Iran’s government and military has meant the US and Israel have lost the strategic initiative. This means they are being more reactive than proactive in determining the outcome…

The Independent UK

Stopgap measures aren't enough to halt rising gas prices as the world scrambles for more oil

Global leaders have been scrambling to contain the rising cost of oil and gasoline since the start of the Iran war

The Independent UK

US attacks Iranian nuclear site while Tehran hits oil tanker off the Dubai coast

A likely strike by the United States hit the central Iranian city of Isfahan, sending a massive fireball into the sky, and Tehran struck a fully loaded Kuwaiti oil tanker in the Persian Gulf

Euronews

Trump threatens to obliterate Iran's Kharg island oil hub if no deal reached 'shortly'

About 90% of Iran’s crude oil exports leave the country via the small island in the Persian Gulf's north, much of it destined for China and other Asian markets.

The Independent UK

Trump mulls seizing Iran's Kharg Island oil terminal even as talks show progress

U.S. President Donald Trump openly mused about seizing Iran’s Kharg Island oil terminal in the Persian Gulf and the United States and Israel kept up their attacks on the Islamic Republic, even as there were signs of progress in nascent ceasefire talks

The Independent UK

Iran war briefing: Trump says he could ‘easily’ seize Kharg Island amid oil price jump

Donald Trump has said America could “very easily’ seize Kharg Island - Iran’s main oil terminal in the Persian Gulf. It came as oil prices were set ‌for a record monthly rise; Brent crude futures jumped $3.09, or 2.74 per cent, to $115.66 a barrel on Friday. On Saturday, Yemen's…

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