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The Latest Breaking News from the Strait of Hormuz

Crude Prices Gain as Closure of Strait of Hormuz Curbs Oil Supplies

May WTI crude oil (CLK26 ) on Thursday closed up +3.46 (+3.66%), and May RBOB gasoline (RBK26 ) closed down -0.0052 (-0.17%). Crude oil and gasoline prices settled mixed on Thursday. Crude prices rallied sharply but fell from their best level on Thursday, and gasoline slid into negative territory on...

Barchart

Only five ships crossed the Strait of Hormuz Thursday, far below Iran’s pledge as negotiations begin

More ships were crossing during war-time than peacetime.

Fortune

‘Iran won’: Piers Morgan rains on Donald Trump’s fantasy parade and mocks how Iran played him like rookie

Piers Morgan recently weighed in on President Donald Trump’s declared “victory” regarding the Iran deal, offering a starkly different perspective that’s got people talking. He didn’t hold back on his show, Piers Morgan: Uncensored, effectively questioning whether the United States truly achieved its objectives in the recent ceasefire and negotiations.

The Mary Sue

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‘It’s not a historic victory’: Piers Morgan crushes Donald Trump’s delusion after Iran played him and got everything it wanted

There’s nothing to celebrate.

We Got This Covered

UAE urges full compliance from Iran following ceasefire announcement

The UAE is seeking clarifications on the US-Iran ceasefire deal regarding attacks across the Gulf, as well as on the reopening of the Strait of Hormuz as a “central priority”, as Tehran's blockade continues despite its commitment to reopen the strait to free navigation.

Euronews

EU rejects Trump's 'joint venture' with Iran to charge ships through Strait of Hormuz

Donald Trump has floated the idea of a "joint venture" to set up tolls in the Strait of Hormuz. The European Commission says this would be unlawful.

Euronews

Oil Prices Spike Amid Ceasefire Hopes And Strait Of Hormuz Bottlenecks

Prices had earlier dipped below $95 following initial optimism about the ceasefire before rebounding as doubts emerged over the durability of the agreement.

International Business Times

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Crude Prices Rally as Strait of Hormuz Remains Blocked

May WTI crude oil (CLK26 ) today is up +6.57 (+6.96%), and May RBOB gasoline (RBK26 ) is up +0.0825 (+2.74%). Crude oil and gasoline prices are moving sharply higher today on doubts about the sustainability of the US-Iran ceasefire. The Strait of Hormuz remains blocked, and Israeli attacks on...

Barchart

Stock Indexes Rebound Despite Rising Oil Prices

Gemini said Major U.S. stock indexes are rebounding today, led by a 0.48% gain in the Nasdaq 100, even as crude oil prices surge over 5% due to the ongoing blockage of the Strait of Hormuz and escalating tensions between Israel and Lebanon.

Barchart

Some countries in Asia are rationing energy – why they’ve been hit hardest by the crisis in the Gulf

The war in Iran has led to a global energy crisis. Shipping traffic through the Strait of Hormuz, a major energy chokepoint that handles roughly 20% of the world’s oil, has been largely blocked by Iran since hostilities broke out in late February. This has, at times, caused oil prices…

The Conversation

NATO Secretary General Reportedly Says Trump Wants Concrete Commitments On Strait Of Hormuz Within Days

NATO Secretary General Mark Rutte told European leaders that President Donald Trump wants concrete commitments on passage through the Strait of Hormuz within days as parties gear up for negotiations in Pakistan, according to a new report.

International Business Times

Bitcoin at the bottleneck: Iran’s Hormuz hafta rattles markets

TOI correspondent from Washington: Iran has moved to reassert control over the Strait of Hormuz within hours of Israel’s continued strikes in Lebanon, putting a squeeze on shipping movement just 48 hours before talks are scheduled to commence in Islamabad.

The Times of India

Mind the Gulf: Truce tested before Vance's Islamabad mission

TOI correspondent from Washington: US vice-president JD Vance is leading a high-powered delegation for talks with Iran in Islamabad this weekend amid a yawning gulf between Washington and Tehran that is wider than the Strait of Hormuz, which is itself under contention.

The Times of India

The Ceasefire Is Real — But Analysts Warn British Fuel and Food Prices Will Keep Rising for Months Regardless

Analysts warn that even after a ceasefire, UK fuel and food prices may continue rising for months due to supply chain disruptions, energy market risks, and global economic pressures.

International Business Times UK

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International Business Times UK

Iran War Update: Beijing Sidesteps Credit As Trump Hails China Role In Hormuz Peace Deal

Beijing has praised the Iran war ceasefire and the reopening of the Strait of Hormuz but pointedly declined to confirm Donald Trump's claim that China helped broker the deal.

International Business Times UK

Rubio's Brutal 7-Word Threat to Iran Sparks Online Fury—'A Regime That Doesn't Believe in Laws'

US Secretary of State Marco Rubio has issued a scathing seven-word warning to Tehran during a meeting with Winston Peters. Despite a fragile two-week US-Iran truce brokered by Pakistan, tensions remain high over commercial vessel attacks. Discover how this diplomatic rift impacts global oil supply stability and Middle East maritime…

International Business Times

Iranian Officials Keep Giving Contrasting Accounts About Whether The Strait Of Hormuz Is Open Or Not

Iranian officials keep giving contrasting accounts about whether the Strait of Hormuz is open for vessels to go through as it keeps its chokehold on the key waterway.

Euronews

Confusion reigns over Hormuz shipping reopening as Iran issues new passage conditions

Normal shipping in the Strait of Hormuz has not yet resumed as per the ceasefire deal, as Iran consolidates its hardline, unilateral position on lifting its blockade in apparent contradiction of the rollercoaster ceasefire deal.

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The Independent UK

The three vessels to have transited the Strait of Hormuz since ceasefire

IN FULL

International Business Times UK

Strait Of Hormuz Update: Fears Grow Over Iranian Sea Mines In 'Danger Zone'

Concerns grow over Iranian sea mines in the Strait of Hormuz, a critical oil-shipping corridor. The presence of mines poses significant risks to commercial and military vessels.

Evening Standard

Ceasefire deal without Lebanon risks destabilising whole region – Cooper

It comes as an Iranian official said his country sent a message to the US by closing the Strait of Hormuz in response to Israeli attacks in Lebanon.

Newslaundry

No ‘Dalali’, no voice: Jaishankar’s snark can’t steal Islamabad’s ceasefire limelight

Israel has bombed Lebanon despite a temporary ceasefire between the US and Iran, putting a fragile Pakistan-brokered truce in West Asia at risk. After the no-holds-barred Israeli bombing that killed over 100 people, Iran has blocked the Strait of Hormuz once more.

International Business Times UK

Karoline Leavitt Experiences 'Embarrassing Moment' When Asked Who Controls Strait of Hormuz - Dodged the Question Twice Before Pivoting

Karoline Leavitt avoids answering who controls the Strait of Hormuz during a White House briefing, raising questions about the ceasefire with Iran.

Evening Standard

Stop attacks on Lebanon, Britain tells Israel amid fragile ceasefire as it warns Tehran not to 'hijack' Strait of Hormuz

Foreign Secretary Yvette Cooper also told Tehran to stop ‘hijacking’ the Strait of Hormuz as the truce between the US and Iran was hanging by a thread

Euronews

Why oil and gas prices could stay high in Europe even if the Iran war ends

Energy prices in Europe could stay high for a while, even though the region doesn’t rely heavily on the Strait of Hormuz. Here’s what’s behind it.

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