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The Latest Breaking News from the Strait of Hormuz

Iran says it retains control of Strait of Hormuz, rules out resuming US talks after Trump pauses bombing campaign

Iran maintains control of the Strait of Hormuz after the United States paused its bombing campaign. Tehran rejected suggestions that peace talks with Washington were set to resume soon. The suspension of strikes eased concerns over global oil supply disruptions and lowered crude prices. Iran claimed six ships were turned…

The Economic Times

Why US strikes on Hormuz suddenly stopped despite Trump's bluster

After nearly two weeks of sustained attacks around the Strait of Hormuz and repeated warnings from President Donald Trump that military action could intensify, the US abruptly paused its bombing campaign on Friday. The decision, according to multiple reports, was driven less by diplomacy than by a reassessment inside the…

The Times of India

Mediators see progress in diplomatic efforts to halt Iran war, 2 regional officials say

Mediators have made progress in efforts to bring the United States and Iran back to negotiations and prevent an all-out war in the Middle East, according to two regional officials

The Independent UK

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Explained: Why crude oil prices tumbled over 9% to below $90/bbl in one day

Crude oil prices plunged more than 9% to $88 a barrel after the US paused strikes on Iran and Tehran signalled restraint, boosting hopes of de-escalation. Reports said China is backing Pakistan's efforts to revive US-Iran peace talks, easing fears of prolonged supply disruptions. The sharp decline in oil prices…

The Economic Times

Iran halts retaliatory strikes as US gives diplomacy 'more room'

Iran and the United States have paused their attacks, offering Gulf shipping and global oil markets a respite after weeks of escalating strikes around the Strait of Hormuz.

Radio France Internationale

Hormuz crisis puts Europe's oil market under further strain following post-ceasefire relief

After a brief reprieve in the wake of a ceasefire deal between the US and Iran, the crisis in the Strait of Hormuz has sent oil prices spiralling again. Europe in Motion breaks down the European countries with the most significant fluctuations.

Euronews

Saudi oil can still get out — but it won’t be cheap or easy

Saudi Arabia faces a challenge rerouting oil exports due to Houthi attacks. An existing pipeline bypasses the Strait of Hormuz, but a new detour is needed. This new bypass requires additional pipelines and significant diplomatic efforts. The kingdom must now push its oil north to avoid the Bab el-Mandeb strait.…

The Economic Times

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US and Iran hold fire for third night as talks given 'space'

There had been 13 consecutive nights of US strikes on Iran, which the US military said aimed to "degrade Iran's ability to threaten commercial shipping in the Strait of Hormuz."

Euronews

Red Sea shipping slows after Houthi attack on Saudi Arabia, data shows

Ship traffic through Bab el-Mandeb decreased Sunday after Houthi attacks on Saudi oil sites. Fewer than ten commodity vessels passed through the Strait of Hormuz over the weekend. Seven vessels transited Hormuz on Sunday, including three Iranian-linked tankers.

The Economic Times

Iran-US war latest: Trump claims ‘good’ talks ongoing as Tehran hits out over Ukraine’s Caspian Sea tanker strike

Trump warns the US would resume ‘strong military action’ if talks with Iran fail

The Independent UK

CENTCOM chief advised halting Hormuz strikes before Trump paused Iran campaign: Report

US Central Command chief advised stopping strikes near Strait of Hormuz due to limited effectiveness. President Trump halted American military strikes against Iran after receiving this advice. Military and civilian advisors acknowledged limits to air power campaigns and their accomplishments. Iran halted retaliatory attacks after Washington paused its strikes for…

The Economic Times

Oil prices fall amid pause in US strikes on Iran to give 'space' for diplomacy

Oil prices fell on Monday amid a pause in strikes between the US and Iran, boosting hopes for a return to a ceasefire and new talks on reopening the Strait of Hormuz. The United States held fire over the weekend after 13 days of attacks on Iran, with Washington's UN…

France 24

Oil Price Today (July 27): Crude oil dips 5%, below $95 as US pauses strikes on Iran. What are experts saying?

Brent crude futures dropped $4.89, or 5.05%, to $91.89, after briefly falling below the key $90 support level earlier in the session. US West Texas Intermediate crude stood at $84.64 a barrel, down $4.67, or 5.23%. The decline comes after crude prices surged 10% last week.

The Economic Times

Red Sea shipping slumps after Houthi strikes on Saudi Arabia energy infrastructure

Ship traffic through Bab el-Mandeb declined significantly on Sunday. This occurred after Yemeni Houthis attacked Saudi oil installations along the Red Sea coast. Meanwhile, transit through the Strait of Hormuz stayed low over the weekend. Seven commodity vessels passed through Bab el-Mandeb, the lowest level in months. Red Sea traffic…

The Economic Times

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The Economic Times

US, Iran hold fire for second day as ceasefire talks gain momentum

The United States and Iran refrained from launching attacks for a second consecutive day as mediators worked to revive an interim ceasefire agreement after nearly two weeks of escalating hostilities. The pause has raised cautious hopes for de-escalation, with Oman-led diplomacy focusing on restoring confidence and addressing disputes over navigation…

Fortune

Kospi index and U.S. stock futures jump as new Hormuz talks send oil prices plunging amid Iran war pause while Wall Street awaits Fed meeting

Iran and Oman are also in talks that center around having Iran run vessel transit through the Strait of Hormuz with fewer restrictions on ships.

The Conversation

New research shows how vulnerable Australia would be to attacks on shipping in the Indian Ocean

The closure of the Strait of Hormuz in the US-Iran war has brought home how vital maritime trading routes are to a country like Australia, which conducts 99% of its global trade by sea.

The Economic Times

US pauses attacks on Iran for a second straight day and Tehran does too

United States and Iran have paused attacks for a second day. Both nations are continuing efforts to return to negotiations for an interim ceasefire. Mediators are working to de-escalate tensions and keep both sides talking. Concerns persist regarding shipping safety in crucial regional waterways. Israeli Prime Minister Benjamin Netanyahu fully…

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Benzinga

EXCLUSIVE: US-Iran De-Escalation Is the Only Way to Lower Gas Prices, Analyst Says

The escalating tension in the U.S.-Iran war has rattled the global energy market, with supply chain disruptions leading to sharp increases in oil prices throughout markets as uncertainty looms over the Strait of Hormuz.

The Economic Times

Oil tanker explodes after hitting naval mine in Strait of Hormuz: Iranian Media

An oil tanker reportedly exploded after deviating from Iran's designated shipping route. This incident occurred amid ongoing diplomatic progress between Iran and Oman. Regional sources indicated that US bombings in the area were intentionally paused. Military leaders cautioned against a broader campaign due to depleting missile interceptors. Iranian forces had…

The Independent UK

Iran-US war latest: Trump pauses nightly attacks to make room for talks, says ambassador

The tanker had reportedly left an Iran-approved route in the vital shipping route

The Economic Times

Iran-Oman talks on reopening Strait of Hormuz make progress: Report

Omani officials visited Tehran for talks on reopening the Strait of Hormuz. These discussions occurred while the United States paused its bombings in the region. Iran accused the United States of violating a memorandum of understanding regarding shipping routes. The US Central Command stated its naval blockade against Iran remains…

The Independent UK

Houthis fire missiles and drones at Saudi Arabia in response to strikes on a Yemeni city

Yemen’s Iran-backed Houthi rebels say they fired missiles and drones at Saudi Arabia in response to Saudi airstrikes on Yemen's strategic Red Sea city of Hodeida

The Economic Times

Bridges and infrastructure are hit as US struck deeper into Iran

United States airstrikes against Iran have expanded over two weeks of conflict. Initial strikes targeted Iran's navy and coastal defenses in the Strait of Hormuz. Recent attacks now hit bridges and infrastructure deeper inside Iran. Iran has retaliated with intensified strikes on ships and Gulf countries. The conflict has pushed…

The Economic Times

Missiles targeting Saudi oil refineries shot down

Saudi Arabia intercepted two ballistic missiles from Yemen targeting oil refineries in Yanbu. U.S. forces launched air strikes on Iran after Houthi attacks on Saudi tankers. President Trump vowed major military punishment for Iran and its Houthi allies. The Strait of Hormuz remains a key waterway, with Houthi actions disrupting…

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