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The Latest Breaking News from the Strait of Hormuz

UK to make ‘wide-ranging military contribution’ to Hormuz mission, says diplomat

The commitment by Sir Christian Turner comes amid long-standing concerns over the state of the nation’s armed forces.

Evening Standard

Donald Trump Caught Lying Again: Iran Rejects His Strait of Hormuz Statement and Lebanon Faces Fatal Strikes

US President Donald Trump's claims about agreements with Iran and Israel were contradicted by officials, highlighting discrepancies and the need for responsible journalism.

International Business Times UK

Cotton Rally into Friday’s Close

Cotton futures posted gains of 44 to 170 points across the board on Friday, with May rallying 418 points on the week. The US dollar index was $0.045 higher at $98.070. Crude oil fell $9.12 on the day following Iran agreeing to open the Strait of Hormuz this morning. Managed...

Barchart

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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

United Airlines Stock Is Flying Higher as Strait of Hormuz Opening Promises to Lower Jet Fuel Prices. Should You Buy It Here?

United Airlines shares rally as Iran declares the Strait of Hormuz fully open. UAL stock is still relatively inexpensive to own in 2026.

Barchart

Stocks Hit New Record On Hopes War In Iran Will Be Over

Stocks reached a new record on Friday, extending gains on hopes the war in Iran will be over and the reopening of the Strait of Hormuz.

International Business Times

Crude Oil Prices Plummet as the Strait of Hormuz Reopens

May WTI crude oil (CLK26 ) on Friday closed down -10.84 (-11.45%), and May RBOB gasoline (RBK26 ) closed down -0.1589 (-5.02%). Crude oil and gasoline prices plummeted on Friday, with crude falling to a 5-week low and gasoline sliding to a 1-week low. Energy prices sank on Friday after...

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Coffee Prices Fall as Global Supply Concerns Ease

May arabica coffee (KCK26 ) on Friday closed down -7.15 (-2.41%), and May ICE robusta coffee (RMK26 ) closed down -86 (-2.48%). Coffee prices settled sharply lower on Friday, with arabica falling to a 1-week low. Coffee prices fell on Friday after Iran said the Strait of Hormuz is now...

Barchart

Reopening of strait "very fragile", PM says

Dozens of oil tankers are on their way to Australia through the Strait of Hormuz as an international mission gets under way to ensure the waterway remains open.

AAP

Corn Slipping Lower on Friday

Corn futures are trading with 1 to 2 cent losses in most contracts on Friday. The CmdtyView national average Cash Corn price is down 1 cent at $4.10 1/4. Crude oil is falling $11.27 on the day following Iran agreeing to open the Strait of Hormuz this morning. Export Sales...

Barchart

Cotton Reverting from Early Losses at Friday’s Midday

Cotton futures are trading with contracts up 95 to 110 points so far on Friday after falling lower early this morning. The US dollar index is $0.270 lower at $97.775. Crude oil is falling $11.27 on the day following Iran agreeing to open the Strait of Hormuz this morning. USDA...

Barchart

Oil's well that ends well? Trump claims nuke deal with Iran to end Hormuz horror

TOI correspondent from Washington: US President Donald Trump announced on Friday that Iran has agreed to give up its enriched uranium and reopen the Strait of Hormuz - in return for unspecified rewards and concessions, according to reports.

The Times of India

Iran has reopened the Strait of Hormuz—but experts say Iran has a card ‘like a nuclear deterrent’

Oil prices plunged 10% on Friday’s announcement, but two veteran energy analysts say the celebration might be premature.

Fortune

'No money is changing hands': Trump rejects $20 billion Iran 'nuclear dust' deal claim

Following Operation Epic Fury, Donald Trump announced significant breakthroughs, claiming Iran's nuclear program has been suspended and the Strait of Hormuz reopened. He stated the US will secure "nuclear dust" without financial exchange, asserting Iran's nuclear ambitions are shut down and a broader conflict-ending deal is nearing completion.

The Times of India

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The Independent UK

Bulletin world briefing: Trump declares ‘victory’ over Iran and EU plots jet fuel release

Trump claims ‘victory’ as Iran reopens the Strait of Hormuz and attacks Nato EU plans jet fuel stock release as Iran crisis threatens summer flights Korean pop giants unite for new global festival to rival Coachella Helicopter crashes minutes after take-off killing eight on board Lebanese people return home amid…

Axios

The Strait of Hormuz is opening for business

The possibility of a prolonged disruption to the supply of crude oil, liquefied natural gas, fertilizer and other commodities looks to be off the table.

The Independent UK

Trump claims ‘victory’ as Iran reopens the Strait of Hormuz and attacks Nato

IN FULL

Barchart

Coffee Prices Tumble as Global Supply Concerns Ease

May arabica coffee (KCK26 ) today is down -6.75 (-2.28%), and May ICE robusta coffee (RMK26 ) is down -87 (-2.50%). Coffee prices are tumbling today, with arabica falling to a 1-week low. Coffee prices fell today after Iran said the Strait of Hormuz is now reopened, which should restore...

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Euronews

European leaders press ahead with 'defensive' mission after Iran reopens Hormuz

Meeting in Paris, the leaders said that a neutral mission may still be needed to safeguard shipping and prevent renewed disruption in the vital trade route.

Barchart

Crude Oil Prices Plunge on Opening of the Strait of Hormuz

May WTI crude oil (CLK26 ) today is down -11.82 (-12.48%), and May RBOB gasoline (RBK26 ) is down -0.2138 (-6.76%). Crude oil and gasoline prices have plummeted today, with crude falling to a 5-week low and gasoline sliding to a 1-week low. Energy prices sank today after Iran said...

The Independent UK

Trump tells ‘useless’ Nato to stay away after UK and France vow to protect Strait of Hormuz shipping

The US president lashed out at UK offers to help after the Strait of Hormuz was declared ‘completely open’ by Iran on Friday

Euronews

Oil prices drop over 10% after Iran declares the Strait of Hormuz 'completely open'

Oil prices have dropped over 10% in less than two hours after the Minister for Foreign Affairs of Iran declared the Strait of Hormuz "completely open" for the remainder of the current ceasefire with the US.

International Business Times UK

Global Oil Prices Collapse as Iran Flashes Green Light at Hormuz, but Trump Refuses to Blink on Naval Blockade

Oil prices plunged after Iran declared the Strait of Hormuz fully open to commercial shipping during the Israel–Lebanon ceasefire, while Donald Trump insisted the US naval blockade of Iranian ports would remain

Axios

Oil prices plunge on claims Strait of Hormuz is open

Prices dropped over 10% Friday after President Trump and an Iranian official separately claimed the Strait of Hormuz is open.

The Independent UK

Household energy bills ‘set to rise by lower-than-first feared’ in July

Wholesale energy costs are not seen coming back down to pre-war levels until the Strait of Hormuz is reopened

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