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The Latest Breaking News from Hormuz

TotalEnergies CEO: Energy Markets Will Take Months To Rebalance With Ongoing Hormuz Shipping Risks

Global energy markets may take as many as four months to rebalance, with gasoline and diesel inventories still constrained by shipping worries in the Strait of Hormuz, TotalEnergies SE Chief Executive Patrick Pouyanné said on Saturday.

Benzinga

'Crisis-makers to be accountable': Iran warns UK, France against military presence in Strait of Hormuz

"The Strait of Hormuz is not a theater for the military display of extra-regional powers. Iran, as the responsible power and guarantor of the Strait's security, warns with sensitivity to any military movement in this waterway. The security of Hormuz lies with the coastal states; the crisis-makers will be held…

The Times of India

June: 10 mbpd, May: 3 mbpd: Gulf oil exports up, but 40% below pre-war level

Gulf oil exports surged past 10 million barrels daily in June, a significant jump from May, thanks to US military efforts securing the Strait of Hormuz. The UAE spearheaded this recovery, enabling millions of barrels to reach global markets and helping to stabilize oil prices. Despite this rebound, exports remain…

The Economic Times

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UK service sector shrinks amid Iran war disruption and heatwave; FTSE 100 hits four-month closing high – business live

Rolling coverage of the latest economic and financial news

The Guardian - UK

FACT FOCUS: Iran claims a foreign ship got stuck in Strait of Hormuz. But it is tied to Tehran

Iranian state television claimed this week that a foreign ship got stuck in the Strait of Hormuz after ignoring instructions to use a route laid out by the Islamic Republic’s paramilitary Revolutionary Guard

The Independent UK

‘Positive progress’ in US-Iran talks despite Strait of Hormuz strikes

Donald Trump claims ship numbers using a vital waterway is ‘setting records’, but this is not reflected by maritime monitoring.

Evening Standard

Ship runs aground in Hormuz as Iran insists on controlling the strait

Iran's IRGC said the grounding was caused by the vessel straying from its approved corridor. Hormuz control and the Israeli intervention against Hezbollah in Lebanon remain the two main obstacles to a final deal.

Euronews

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'Neither side thinks they've lost': Iran determined to keep Hormuz control, even by force

Iran is determined to secure international recognition of its control over the Strait of Hormuz and the right to charge ships for passage, even if it has to use force to achieve it, two senior Iranian sources said, as reported by Reuters.

The Times of India

US-Iran talks over $6bn Iranian assets to restart

Two sides yet to have face-to-face meeting since signing deal to reopen strait of Hormuz

The Guardian - UK

Hormuz, Suez, Taiwan Strait: Why the world’s supply chains now need war-room planning

Global supply chains face unprecedented threats as maritime chokepoints become geopolitical battlegrounds. The US-Iran conflict highlighted how disruptions in vital waterways like the Strait of Hormuz and Bab el-Mandeb trigger widespread economic fallout, from soaring freight rates to increased inflation. Other critical routes, including the Suez, Taiwan, Malacca, and Panama…

The Times of India

Oil finds its way: Supertankers return to Persian Gulf

Supertankers are once again navigating the Strait of Hormuz, a crucial oil route, following a period of disruption due to recent Iran conflict. Shipping data indicates a significant increase in commodity vessel traffic, including oil tankers, signalling renewed confidence among shipowners. This return of large carriers, with a combined capacity…

The Economic Times

Iran is jealously competing with Oman as decision-maker over strait of Hormuz

Tehran believes it should control the shipping route but its neighbour has its own plans for reopening it

The Guardian - UK

Trump claims Iran has agreed to hold peace talks in Doha after recent clashes

US president posts that meeting will take place on Tuesday in Qatari capital after exchange of fire in strait of Hormuz

The Guardian - UK

Hormuz oil transits continue though attacks make owners wary

Vessel traffic through the Strait of Hormuz saw a dip as some shipping companies expressed reduced confidence following weekend attacks on two vessels. While US-assisted navigation continues, a Saudi supertanker and other carriers were tracked with transponders off, suggesting a cautious approach. The situation highlights the critical role of tanker…

The Economic Times

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The Economic Times

Iran and US agree to halt attacks and renew talks, U.S. official says

Tensions ease in the Gulf as Iran and the US agree to halt recent hostilities and resume talks on the Strait of Hormuz. This de-escalation follows days of strikes and counter-strikes, with both nations accusing each other of violating a ceasefire. President Trump's stern warning to Iran preceded the agreement,…

Fortune

Markets feel relief as the U.S. and Iran agree to a ceasefire on their earlier 'ceasefire' that was looking at lot like a war over Hormuz

Sources told Axios that the U.S. and Iran agreed to halt attacks and meet in Qatar on Tuesday to resolve differences over the Strait of Hormuz.

Euronews

Iran threatens total halt to talks amid intensive US air activity near Hormuz

The IRGC said the weekend US strikes violated the framework deal and warned that violating vessels would face a "crushing response," as Euronews journalists in Doha observed US refuelling aircraft taking off towards Hormuz in the same formation as the previous night's strikes.

Fortune

Iran is forcing the U.S. into an escalation trap as a 'shadow war' over the Strait of Hormuz heats up that could kill the tenuous ceasefire

"The collision course is set, and worse is yet to come."

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The Guardian - UK

Fresh hostilities in Gulf suggest US-Iran memorandum was too broadly worded

Document appears to have been subject to conflicting interpretations on key issues of Lebanon ceasefire and strait of Hormuz

The Guardian - UK

Donald Trump threatens to annihilate Iran after crossfire over Hormuz – as it happened

Iran attacked Bahrain and Kuwait after US strikes, and threatened a ‘complete halt’ to talks

The Guardian - US

US and Iran trade strikes as both sides accuse the other of endangering ceasefire

Flare-up in tensions comes as Washington and Tehran have been negotiating a memorandum of understanding to end an unpopular war

The Guardian - UK

Bahrain condemns Iranian tit-for-tat drone attack as ‘flagrant threat’

No immediate reports of damage after Bahrain hit by ‘number of drones’ as ship in strait of Hormuz also targeted

The Guardian - US

JD Vance claims US holds all the cards in Iran and will win ‘either way’

Vice-president appeared on Bill Maher’s show hours before more military strikes were exchanged in strait of Hormuz

The Economic Times

US strikes Iran following attack on cargo ship in Strait of Hormuz

US forces struck Iranian missile and drone sites following an attack on a cargo ship in the Strait of Hormuz, jeopardising a recent interim peace deal. Meanwhile, Israel and Lebanon signed a ceasefire agreement, though its enforcement is uncertain as Hezbollah refuses to disarm.

The Guardian - UK

US says it struck Iran targets after attack on cargo ship in the strait of Hormuz

Strikes against military facilities were in response to drone attack a day earlier on a cargo vessel

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