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The Latest Breaking News from the Strait of Hormuz

With its new leverage over the Strait of Hormuz, does Iran want – or need – a nuclear weapon?

As the US war against Iran drags on with no end in sight, an important question has faded into the background. Does Iran want a nuclear weapon, and if so, can it still build one?

The Conversation

Middle East live: Cargo ship hit by 'unknown projectile" in Strait of Hormuz

Early Tuesday, Britain's maritime security agency UKMTO said that a cargo vessel was struck by an "unknown projectile" in the Strait of Hormuz off the coast of Oman. US President Donald Trump said Monday that negotiations with Iran were ongoing despite Tehran's denials and the Islamic Republic was facing a…

France 24

Iran warns US warships over altering routes in the Strait of Hormuz

Tehran warns it will target US vessels attempting to alter approved shipping corridors or maintain a naval blockade.

Euronews

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Oil Price Today (August 4): Crude oil nears $85 as peace talks uncertainty loom after fresh attacks. What are experts saying?

Oil prices saw a slight increase on Tuesday after significant Monday losses. Supply risks in the Middle East resurfaced as diplomatic hopes faded. Shipping activity through the Strait of Hormuz has slowed following reported attacks. Experts predict higher crude prices if disruptions persist for extended periods. Analysts anticipate oil prices…

The Economic Times

Trump says Iran facing 'last chance before decapitation'

WASHINGTON (UNITED STATES) - US President Donald Trump said Monday that negotiations with Iran were ongoing despite Tehran's denials and the Islamic Republic was facing a "last chance before decapitation."

Bangkok Post

Oil ticks up after selloff as talks to end US-Iran war remain uncertain

Oil prices saw a slight rebound on Tuesday after earlier declines. Concerns over Middle Eastern supply remain high due to U.S.-Iran tensions. Diplomatic resolution to the conflict appears unlikely at this time. Shipments through the Strait of Hormuz continue to face risks. Market analysts note the fragility of current price…

The Economic Times

US-Iran war: 'Unknown projectile' strikes cargo vessel off Oman's Al Khasab, UKMTO says probe on

A cargo vessel was struck by an unknown projectile near Al Khasab, Oman. This incident occurred amid heightened regional tensions and ongoing discussions with Iran. US President Trump claimed a planned military strike against Iran was postponed after diplomatic interventions. He reiterated that preventing Tehran from acquiring nuclear weapons remains…

The Economic Times

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Iran warns of strikes on US warships if Hormuz route is violated

Iran's high-ranking military advisor, Mohsen Rezaee, has dismissed US President Trump's statements about the potential reopening of the Strait of Hormuz. He emphasized that Iran would take action against any unauthorized vessels in the area. While Trump suggested ongoing discussions for this reopening and for Iran's denuclearization, Iran has unequivocally…

The Economic Times

Trump says US-Iran talks continue, warns Tehran faces 'last chance'

The US president insisted negotiations were underway despite Tehran's denials, saying Iran had a final opportunity to reach an agreement on the Strait of Hormuz and its nuclear programme before facing what he called 'decapitation.'

France 24

Trump Dismisses Iran's Public Oman Talks on Strait of Hormuz, Says Route Already 'Completely Controlled' by US Navy

US President Trump refutes Iran's claims of negotiating a shipping route through the Strait of Hormuz with Oman, asserting US naval control. Tensions rise as regional conflicts expand.

International Business Times UK

Trump’s whiny Truth Social tirade against Iran reads like a bitter breakup text

ANALYSIS: Not even the president can answer why his latest efforts to reach a deal with Iran will go any differently. Monday’s outburst suggests that he’s too angry to care, writes John Bowden

The Independent UK

Trump warns Tehran facing 'last chance before decapitation'

"We're talking about the Strait, the opening of the Strait, having it open literally by tomorrow, completely open," Trump told reporters while speaking from the White House on Monday.

Euronews

Trump Issues Ultimatum To Iranian Leadership, Says Talks Are Their Last Chance Before 'Decapitation'

President Donald Trump said ongoing talks with Iran are the last chance for the country's leadership to reach an agreement before "decapitation."

International Business Times

The Iran war already has a winner: The world’s largest shipbroker notching record earnings from the 'exceptional volatility' in the Strait of Hormuz

Geopolitical chaos “actually increases the importance of such firms because people are getting a bit more desperate,” one maritime trade expert told Fortune.

Fortune

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The Economic Times

Trump says Iran talks under way, calls them 'last chance' to reach deal

President Trump stated that Iran talks are now underway at Tehran's request. He described these discussions as Iran's final opportunity to secure a favorable agreement. The initial phase involves reopening the Strait of Hormuz and addressing nuclear concerns. Trump also revealed he canceled major strikes after appeals from allies. He…

International Business Times

Iranian Leadership Rejected There Are Ongoing Talks With The U.S.; Trump Is Calling Them Out

President Donald Trump accused Iranian leadership of being "unbelievably duplicitous" after a top official denied the country had requested talks with the U.S.

The Economic Times

"Nothing will get through unless total surrender accomplished": US President Trump lambasts Iran

President Trump criticized Iran's leadership for perceived duplicity regarding negotiations with the United States. He asserted US Navy control over the Strait of Hormuz, warning of restrictions. Iran's foreign ministry denied any direct or indirect talks with Washington. Trump reiterated the US stance that Iran will never acquire nuclear weapons.

International Business Times

Iraq Is Struggling To Get Its Oil Through The Hormuz Strait. It's Offering Millions In Discounts To Those Daring To Take It

Iraq's state oil marketer is offering millions in discounts to potential buyers daring to load up its crude and take it through the Strait of Hormuz.

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International Business Times UK

Iran Flatly Denies Trump's Claim Talks Start Today, Says It Is Only Negotiating With Oman

Iran denies engaging in direct talks with the US, focusing instead on negotiations with Oman for a temporary shipping route through the Strait of Hormuz, countering Trump's claims of imminent deals.

The Conversation

A new Houthi front and expanded Iranian attacks risk sinking Gulf nations’ choke-point workaround and widening shipping risks

After a nine-month pause, Houthi militants in Yemen allied to Iran resumed attacks on vessels in the Red Sea on July 22, 2026, directly targeting the group’s longtime foe Saudi Arabia. A week later, a floating liquefied natural gas storage facility in Egypt’s Mediterranean port of Damietta was struck by…

International Business Times

Trump Said He Halted Attacks Because Iran Asked To Talk. Tehran Claims Otherwise

Iranian Foreign Ministry spokesperson Esmaeil Baghaei said the country is not holding talks with the U.S., rejecting claims made by President Donald Trump.

The Independent UK

The seven times Trump threatened Iran before pulling back

President Donald Trump announced late Saturday that he had called off planned U.S. strikes on Iran, saying renewed negotiations had raised hopes of easing the conflict and reopening shipping through the Strait of Hormuz.

Euronews

Second tanker with Qatari LNG struck in Hormuz within a month as force majeure widens

The GasLog Shanghai was struck while leaving the Strait of Hormuz, weeks after the Al Rekayyat was hit in the same area. Italian utility Edison said QatarEnergy had extended force majeure on a further three cargoes, bringing the total affected to 24 shipments through September.

The Economic Times

How Iran is widening its pressure campaign to force US concessions

Iran is pursuing a strategy of calibrated escalation to raise the economic and strategic costs for the US and its allies by threatening the Strait of Hormuz, key shipping lanes and energy infrastructure. Analysts say Tehran aims to strengthen its negotiating position, expand regional influence and force concessions without triggering…

The Economic Times

Global Market: Euro zone bond yields decline as falling oil prices boost market sentiment

Euro zone government bond yields declined after oil prices retreated on hopes of easing Middle East tensions, reducing inflation concerns and prompting markets to pare expectations for further ECB rate hikes. Investors also tracked diplomatic developments involving the U.S., Iran and the Strait of Hormuz.

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