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The Latest Breaking News from the Strait of Hormuz

Iran has a powerful new tool in the Strait of Hormuz that it can leverage long after the war

The Trump administration claims its blockade of the Strait of Hormuz is working, with nine ships complying with orders to turn around.

The Conversation

Major humiliation for Donald Trump as ships ignore his Hormuz blockade bluff and sail right through

Donald Trump’s high-stakes gamble to squeeze Iran by blockading the Strait of Hormuz just got a reality check. Within hours of the U.S. Navy’s supposed ironclad blockade taking effect, multiple ships — including some linked to Iran and even a Chinese tanker — sailed right through the waterway like it…

The Mary Sue

'Discussions are being had' on second round of Iran talks in Pakistan, White House says

Negotiators are focusing on three key points that derailed last weekend's talks, including Iran's nuclear programme, the Strait of Hormuz and compensation for wartime damages.

Euronews

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How a US blockade on Iran has sanctioned ships turning around

The U.S. Navy is imposing a sea blockade against Iran — the latest escalation in the war that has seen the flow of key energy supplies choked off at the Strait of Hormuz

The Independent UK

Love in the time of blockades: Trump seeks a ‘fat hug’ from Xi amidst Hormuz howler

President Trump declared the Strait of Hormuz permanently open for China and the world, claiming Beijing assured him it would cease arms shipments to Iran. This announcement follows a naval blockade, causing global economic disruption. Trump's unpredictable approach, blending military pressure with personal diplomacy, fuels speculation about escalation or de-escalation,…

The Times of India

EU pursues 'deeper and stronger' partnerships with Gulf states, Costa tells Euronews in Doha

In the highest-level EU visit to the Gulf since the Iran war started, European Council President Antonio Costa reinforced the EU’s strategic partnerships with the Gulf states and pushed for the reopening of the Strait of Hormuz, warning of “disastrous consequences”.

Euronews

Ken Griffin Warns Global Recession 'Inevitable' If Strait Of Hormuz Stays Shut: Flags 'Mistake' In Iran Strategy

Citadel Advisors founder Kenneth Griffin believes the world will face a recession if the Strait of Hormuz remains shut for the remainder of this year.

International Business Times UK

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Last-ditch bid for peace? Pakistan army chief Asim Munir lands in Iran to convey US offer

A critical Iran-US ceasefire deadline looms with no agreement, fueling uncertainty. Pakistan is actively mediating, dispatching a high-level delegation to Tehran with a new US message and aiming for further talks. Key disputes over Iran's nuclear program and the Strait of Hormuz persist, as both nations issue mixed signals regarding…

The Times of India

Crude Prices Gain on Tighter Global Oil Supplies

May WTI crude oil (CLK26 ) today is up +1.22 (+1.34%), and May RBOB gasoline (RBK26 ) is up +0.0446 (+1.47%). Crude oil and gasoline prices recovered from early losses on Wednesday and moved higher amid the US naval blockade of the Strait of Hormuz, which continues to curb global...

Barchart

Looking to Protect Your Portfolio from the Strait of Hormuz? Why Ulta Beauty Stock Could Be an Unlikely Buy.

As oil shocks rattle spending, Ulta Beauty is thriving on small indulgences, offering resilience while broader demand feels the pinch.

Barchart

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

Chevron Executive Says Americans Should 'Drive Less' And 'Conserve Energy' As Gas Prices Remain High

Chevron executive Andy Walz said Americans should "try to drive less" and "conserve energy" as gas prices remain high as a result of the war in Iran and the blockade of the Strait of Hormuz.

International Business Times

Donald Trump Stuns Diplomats by Claiming Xi Jinping Will Give Him a 'Big, Fat Hug' Over Iran Deal

Donald Trump's prediction that Xi Jinping will give him a 'big, fat, hug' over his Iran and Strait of Hormuz strategy collides with Beijing's silence and its public focus on shoring up ties with Moscow.

International Business Times UK

Norway’s crude oil exports up 68% in March due to Iran war

Norway’s oil exports jumped significantly in March, pushing revenues to multi-year highs as disruptions from the Iran war and the closure of the Strait of Hormuz drove up prices.

Euronews

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The Times of India

'Xi will give me big, fat hug': Trump says he opened Hormuz for China ... 'and the world'

President Trump claims China is pleased with his decision to permanently open the Strait of Hormuz, stating he's acting for their benefit and the world's. He asserts China has agreed to cease weapon shipments to Iran and anticipates a warm reception from President Xi during an upcoming visit, highlighting smart…

International Business Times UK

Europe's Jet Fuel Shortage Could Ground Flights Within Weeks — Summer Holidays Plans In Jeopardy?

The Airport Council International warned the EU of a potential jet fuel shortage due to Middle East tensions, which would disrupt summer travel and have severe economic repercussions.

International Business Times UK

'China's Nostradamus' Predicts US Will Lose Ground Invasion This Month, Ending the US Dollar Dominance

A YouTube theorist known as 'China's Nostradamus' claims the US will invade Iran this month, lose a grinding ground war and trigger the end of the dollar's global dominance.

The Times of India

Hormuz strait part of Iran’s territorial waters, closure because of conditions imposed: Iran

Amidst US-Iran peace talks, Iran asserts the Strait of Hormuz's closure is a response to imposed conditions, not a blockade. The embassy stated Iran is exercising its sovereign right to manage the waterway, which it claims is part of its territorial waters and was open before the war.

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The Times of India

US sets new terms ahead of next Iran talks in Pakistan: Report

The US has reportedly set two conditions for upcoming peace talks with Iran in Pakistan: the full reopening of the Strait of Hormuz with reciprocal measures, and the Iranian delegation needing full authority from the Revolutionary Guard. These demands follow a previous instance where officials reportedly hindered negotiations. Both nations…

Evening Standard

Virgin Atlantic hikes fares by up to £360 as fuel costs soar amid Iran war

The chief executive says that tensions in the Middle East are keeping jet fuel costs high, with further fare rises possible in the coming months

The Conversation

Will oil prices ever truly go back to ‘normal’?

The fallout from war between the United States, Israel and Iran has dominated global oil markets. And not just because the Strait of Hormuz, which normally carries about 20% of global oil and gas, remains effectively closed to shipping traffic.

The Times of India

US Navy destroyer intercepts two oil tankers trying to leave Hormuz; orders them to turn back

A US Navy destroyer intercepted two oil tankers leaving Iran, marking the initial phase of a US-declared blockade aimed at pressuring Tehran. Despite the blockade, some Iran-linked vessels reportedly transited the Strait of Hormuz. Experts caution about the blockade's effectiveness and warn of potential escalation and retaliation from Iran.

The Conversation

Strait of Hormuz: Why the US and Iran are sailing in very different legal waters

The Strait of Hormuz exists in the eye of the beholder.

International Business Times UK

Donald Trump Naval Blockade Faces Scrutiny as Tankers Cross Strait of Hormuz Unhindered

Donald Trump's proposed Strait of Hormuz blockade faces scrutiny as tankers continue unhindered, raising legal, economic and geopolitical concerns.

Barchart

Crude Prices Fall on Hopes Diplomacy Can End US-Iran War

May WTI crude oil (CLK26 ) on Tuesday closed down -7.80 (-7.87%), and May RBOB gasoline (RBK26 ) closed down -0.0765 (-2.46%). Crude oil and gasoline prices fell sharply on Tuesday in hopes that the US and Iran would extend peace negotiations. Crude prices extended their losses on Tuesday after...

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