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The Latest Breaking News from the Strait of Hormuz

How might the Strait of Hormuz be reopened? Here are 3 scenarios

The Strait of Hormuz crisis has reached a critical juncture. President Donald Trump has demanded Iran reopen the strait or the United States will further intensify its military assault.

The Conversation

Stocks Finish Higher on Iran Ceasefire Hopes

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.44%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.61%. June E-mini S&P futures (ESM26 ) rose +0.64%, and June E-mini Nasdaq futures...

Barchart

Traffic Through Strait Of Hormuz Climbs To Highest Since Early Days Of Iran War: Report

Traffic through the Strait of Hormuz, the key waterway through which about 20% of the global energy passes, climbed to the highest level since the early days of the war in Iran, according to a new report.

International Business Times

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Crude Prices Climb on Fears of Escalation of Iran War

May WTI crude oil (CLK26 ) on Monday closed up +0.87 (+0.78%), and May RBOB gasoline (RBK26 ) closed up +0.0202 (+0.61%). Crude oil and gasoline prices settled higher on Monday, with crude posting a 4-week high. Crude prices rallied after President Trump signaled an escalation of the conflict in...

Barchart

Hormuz closure threatens the global food supply – why grocery price hikes are coming

The global energy crisis caused by the closure of the Strait of Hormuz is only the beginning of the economic cost of the war with Iran.

The Conversation

Donald Trump boasts plans to terrorize Iran without shame

President Donald Trump threatened to commit war crimes against Iran on Easter Sunday. Trump, in a fit of rage, promised to bomb civilian infrastructure throughout the country if Iran refuses to open the Strait of Hormuz.

The Mary Sue

In a staggering twist, Americans are wasting $240M a day extra on gas, totaling $8.4B since the Iran War began

Since the Iran war began, fuel prices soared all over the world. Iran’s ironclad control of the Strait of Hormuz has driven prices up. But how much are Americans spending on average for fuel since the war?

The Mary Sue

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Crude Prices Fluctuate on Iran War Headlines

May WTI crude oil (CLK26 ) today is up +0.77 (+0.69%), and May RBOB gasoline (RBK26 ) is up +0.0009 (+0.03%). Crude oil and gasoline prices are moving higher today, with crude posting a 4-week high. Crude prices rallied after President Trump said the US could leave the Iran war...

Barchart

UK ‘won’t be getting involved’ in Iran war following Trump’s latest threat

The US President said American forces would attack Iranian power plants and bridges

The Independent UK

UK will stay out of offensive action against Iran, says minister

US President Donald Trump said American forces would attack Iranian power plants and bridges if Tehran did not open the Strait of Hormuz.

Evening Standard

How can Ukraine help unlock the Strait of Hormuz?

US President Donald Trump threatened to unleash "hell" on Iran if it failed to meet his Tuesday deadline to reopen the Strait of Hormuz to all shipping. Can Ukraine help unblock it?

Euronews

What could move the markets this week? Here’s what investors are watching

European markets return from the Easter break on Tuesday, coinciding with a deadline set by US President Donald Trump for Iran to fully open the Strait of Hormuz.

Euronews

Axios reveals 45-day ceasefire deal in play, will it happen before Trump’s Tuesday deadline?

The clock is ticking fast

We Got This Covered

Iran rejects ceasefire proposal with US as war of words deepens

Iran rejects a new 45-day ceasefire proposal, while the US is still expected to respond, as US President Donald Trump delays a threatened military strike tied to the Strait of Hormuz. Mediators are pushing for talks, but tensions remain high on both sides.

Euronews

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The Independent UK

Trump claims America ‘won’ against Iran and will charge tolls in the Strait of Hormuz: Updates

President Trump said he believed God supports the war with Iran and suggested he deserves the Nobel Peace Prize

Barchart

Stocks Set to Open Higher on U.S.-Iran Ceasefire Hopes, U.S. Inflation Data Awaited

June S&P 500 E-Mini futures (ESM26) are up +0.51%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.81% this morning, pointing to a higher open on Wall Street after the long weekend as hopes for a ceasefire in the U.S. war with Iran outweighed a series of aggressive threats…

Evening Standard

Iran warns of 'devastating' retaliation in defiant stance as Trump deadline to 'unleash hell' looms

Trump shared an expletive-laden social media post threatening further bombardment if Iran doesn’t open the Strait of Hormuz

Euronews

Israel strikes Iran's largest petrochemical facility as Trump's Hormuz deadline looms

Earlier on Monday, Iran warned of more devastating retaliation if the US hits civilian targets, as mediators pushed a 45-day ceasefire to reopen the Strait of Hormuz.

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Euronews

OPEC+ to hike crude output: Will it make a difference to oil prices?

The Organization of the Petroleum Exporting Countries and its allies (OPEC+) has agreed ‌to increase its crude output as the Middle East conflict continues to disrupt oil traffic passing through the Strait of Hormuz.

International Business Times UK

Trump Truth Social: 'Power Plant Day' Warning Sparks Panic as Iran Defies Strait of Hormuz Demand

Could Trump's Truth Social post on 'Power Plant Day' escalate Iran tensions and disrupt global oil markets? Analysts and politicians react

The Times of India

Donald Trump asks Tehran to open Strait of Hormuz; Iran says 'lost the keys': Where things stand after a month of war

US President Donald Trump has once again raised the stakes in the ongoing Middle East conflict, demanding that Iran reopen the Strait of Hormuz by a self-imposed Tuesday deadline or face sweeping military strikes. His latest warning, delivered in blunt and aggressive language, comes after weeks of escalating hostilities that…

International Business Times UK

Deadline Day: Iran Rejects Trump's Ceasefire as Global Oil Supply Hangs in Balance

Iran rejects Donald Trump's temporary ceasefire proposal, refusing to reopen the Strait of Hormuz as global oil markets brace for unprecedented disruption and potential military strikes.

Fortune

Even if Iran’s regime outlasts Trump, it may not survive reconstruction of the shattered economy, Mideast expert says

The scale of reconstruction required “will put pressure on the very patronage system that has helped hold the regime together.”

The Times of India

Cursing at Iran won't reopen Strait of Hormuz: Ro Khanna says Obama-like statesmanship needed now

Democratic Rep Ro Khanna expressed shock at President Donald Trump's Truth Social Post laden with abusive words for Iran and said the president is failing US troops in Iran. On NBC's Meet the Press, Khanna said he would not vote for any additional funding for the war. In a Truth…

The Independent UK

MTG leads outraged reaction to Trump’s foul-mouthed Easter threats to Iran: ‘He has gone insane’

The president’s profanity-filled message threatened to destroy the country’s infrastructure unless they open the Strait of Hormuz

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