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The Latest Breaking News from the Strait of Hormuz

Oil Prices Plunge Below $95 as Trump Announces Iran Ceasefire: Markets React Wildly

World oil prices tumbled sharply Wednesday after President Donald Trump announced a framework ceasefire between the United States, Israel and Iran, easing fears of prolonged disruption to crude flows through the Strait of Hormuz and sending Brent crude futures plunging more than 13% in early trading.

International Business Times

Dow Futures Surge Over 1,000 Points as Oil Tumbles on Trump Iran Ceasefire

U.S. stock futures soared early Wednesday while oil prices plunged after President Donald Trump announced a two-week ceasefire with Iran, contingent on Tehran allowing the safe reopening of the Strait of Hormuz, triggering a sharp relief rally across global markets and easing fears of prolonged energy disruptions from the five-week…

International Business Times

Middle East conflict: this ceasefire may have made Iran stronger

Ceasefires are often presented as moments of relief – pauses in violence that open the door to diplomacy. But sometimes they reveal something more consequential: who has actually gained from the war. The emerging ceasefire between the US, Israel and Iran may be one of those moments.

The Conversation

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Is Strait of Hormuz Open Now? Strait of Hormuz Partially Reopens Under Fragile US-Iran Ceasefire

The Strait of Hormuz, the narrow chokepoint that carries roughly one-fifth of the world's oil and liquefied natural gas, is no longer fully closed but remains heavily restricted as a two-week ceasefire between the United States and Iran took effect Tuesday, allowing selective "safe passage" for approved vessels while thousands…

International Business Times

Iran Ceasefire: Will Petrol Prices Finally Return To Normal This Week?

A fragile Iran ceasefire has reopened the Strait of Hormuz, driving oil prices down and raising hopes UK petrol costs may fall, but uncertainty lingers over whether relief will reach drivers.

International Business Times UK

The shipping superpower that says it won’t negotiate Hormuz passage as a matter of principle

Southeast Asian nation says negotiating passage with Tehran will implicitly erode the Law of the Sea Treaty

The Independent UK

Iran ceasefire: trust will be vital but it’s in short supply right now

The US and Iran have agreed a two-week ceasefire in a deal brokered by Pakistan, which will see Iran open the Strait of Hormuz to shipping while negotiations continue for a more permanent settlement.

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US Stock Futures Surge as Trump Announces Iran Ceasefire; Oil Prices Plummet, Gold Soars

US stock futures rise while oil prices crashed as President Trump announced a two-week ceasefire with Iran, easing global investor concerns about the ongoing energy crisis.

International Business Times UK

How Mojtaba Khamenei's greenlight defused Trump's 'wipe out civilization' ultimatum and led to a US-Iran truce

A ceasefire has been declared between the United States and Iran after 38 days of war. US President Donald Trump agreed to halt military actions for two weeks. This development followed threats from Trump to destroy Iran's civilization if the Strait of Hormuz was not reopened. Both nations are claiming…

The Times of India

From obliterate to ceasefire: How Trump's Iran war strategy shifted hour by hour

A 39-day US-Israel war with Iran has entered a two-week ceasefire after escalating rapidly, causing thousands of deaths and widespread displacement. The conflict, initiated by coordinated strikes on Iranian leadership, expanded to disrupt global energy markets and shipping routes. President Trump's objectives and timelines shifted throughout the war, culminating in…

The Times of India

Iran-US Ceasefire Holds as UK PM Travels to Middle East for Urgent Talks

UK Prime Minister Keir Starmer visits the Middle East to support a ceasefire between the US and Iran, aiming for a long-term resolution and stability in energy markets.

International Business Times UK

Donald Trump 'blinks and achieves no US aims' but claims complete victory on Iran

‘Strategically, Iran comes out stronger,’ says former UK National Security Adviser Lord Ricketts

Evening Standard

Iran‑US ceasefire: Did Trump’s 'Madman Theory' trick Tehran into a pause?

In a dramatic turn, President Trump declared a two-week ceasefire with Iran, averting a major escalation. Following days of intense threats and missile exchanges, the move reopened the Strait of Hormuz, calming global markets. Experts debate whether this is a strategic pause or a calculated application of the 'Madman Theory'…

The Times of India

Uranium, sanctions and the Strait of Hormuz: The key issues preventing the US and Iran from agreeing a peace deal

Iran and the United States are held in an impasse over several key issues, blocking serious talks to end the war. James C. Reynolds and Alex Croft report

The Independent UK

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Euronews

Shipping companies 'see opportunities' but seek clarity on Strait of Hormuz reopening

Major shipping lines express cautious optimism over transit opportunities in the Strait of Hormuz after the US-Iran ceasefire was announced, but stress the urgent need for full clarity before any vessels move.

Evening Standard

What is in the ceasefire deal between the US and Iran?

Iran and the US have agreed to a ceasefire, with negotiations on key points of difference set to take place

The Independent UK

What Iran ceasefire means for fuel prices, inflation and interest rates in the UK

Experts hope that UK inflation will fall, paving the way for cheaper mortgages

International Business Times UK

Why UN Security Council Failed to Act on Strait of Hormuz: Russia, China and France's Triple Resistance Exposed

Russia and China vetoed a UN Security Council resolution on the Strait of Hormuz after resistance from France diluted the text

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International Business Times UK

Oil Price Drops Below $100 as Trump Ceasefire Sparks Hope—Hormuz Crisis Still Looms

Trump's ceasefire with Iran influences global oil prices and market stability amid Strait of Hormuz tensions. Discover how this development could affect oil supply and financial markets.

International Business Times UK

Iran Accepts Ceasefire but Warns 'Our Hands Remain Upon the Trigger' as Oil Prices Drop

President Trump agrees to a 14-day ceasefire with Iran, averting military strikes and opening diplomatic talks. Discover how this truce impacts the Strait of Hormuz, global diplomacy, and financial markets.

The Guardian - UK

UK politics: Starmer warns ‘lot of work to do’ to make ceasefire permanent at start of talks in Gulf - as it happened

PM will meet leaders in the region to discuss diplomatic efforts to support the ceasefire agreed between the US and Iran

International Business Times UK

Is The Iran 10 Point Proposal Feasible To Stop The Current World War? Conflict Points Discussed

Iran's 10-point proposal to end the conflict outlines ceasefire terms and reopening Hormuz, but key demands on sanctions and security make agreement uncertain.

We Got This Covered

‘The biggest strategic defeat suffered by the US’: TACO Trump backs down, Iran in better position than before war

"How is this not the most humiliating military failure in US history?"

Euronews

Iran ceasefire effect: Oil plunges as European markets surge

Oil prices plunged below $100 a barrel after the US and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz.

Euronews

Newsletter: US and Iran agree to two-week truce, Strait of Hormuz set to reopen

Also in this newsletter: JD Vance attacks the EU to boost Orbán’s campaign ahead of Hungarian vote.

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