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The Latest Breaking News from Hormuz

Iran allowed Iraqi tankers to pass through Hormuz Strait: state media

Tehran has allowed Iraqi oil tankers passage through the Strait of Hormuz. This decision follows repeated requests from Baghdad over the past six months. Iran asserts control over the vital waterway, requiring permission and transit fees. Iraq relies on this strait for exporting the bulk of its crude oil.

The Economic Times

US, Iran trade threats as Washington readies ‘toughest sanctions’

The United States is set to announce stringent economic sanctions against Iran. These measures could significantly impact Iran and its key trading partners like China. Oil shipments through the Strait of Hormuz have nearly ceased due to Iranian threats. Iran criticizes the impending sanctions as an overreach of American authority.…

The Economic Times

Iran rejects Trump's Hormuz 'total control' claim, says strait will reopen only on Tehran's terms

Iran has pushed back against US President Donald Trump’s repeated claims that Washington has “total control” over the Strait of Hormuz, with Tehran insisting that the strategically vital waterway remains under Iranian control and will not be fully reopened to international shipping unless the US meets its demands.

The Times of India

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The global ‘freedom of the seas’ is dying in the Strait of Hormuz—and everyone, everywhere, will pay the tolls

Iran forcing a fee structure in the Strait of Hormuz may trigger a global domino effect.

Fortune

Trump threatens to 'bomb' Oman if they get in way of Hormuz deal

US President Donald Trump has threatened military action against Oman if it interferes with the US blockade of Iranian ships in the Strait of Hormuz, Fox News reported. Trump said the blockade was putting pressure on Iran but gave no timeline for resolving the conflict, as talks remain stalled.

The Economic Times

‘No. 1 goal is Iran can’t have nukes’: Trump as US-Iran 60-day deal deadline expires

US President Donald Trump on Monday said that preventing Iran from acquiring a nuclear weapon remains his top priority, as the 60-day deadline under the June US-Iran memorandum of understanding expired without a permanent peace agreement.

The Times of India

Strait of Hormuz shipping slows sharply after tanker attacks

Shipping through the Strait of Hormuz slowed significantly over the weekend. This decline followed attacks on tankers and stalled United States-Iran conflict resolution talks. Commodity vessel transits dropped sharply, with very few ships registered for Sunday. Shipping appeared to grind to a near standstill after UAE reported tanker attacks last…

The Economic Times

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Israel wants 'more serious' talks with Lebanon after deadly strikes

Israel wants "more serious" US-brokered talks with Lebanon, a spokesman for Prime Minister Benjamin Netanyahu said on Saturday. Earlier Hezbollah said that Israeli attacks on Lebanon would be met with an "appropriate" response and urged Lebanese authorities to halt "humiliating" negotiations with Israel after strikes on the country's south killed…

France 24

Iran Blasts US Intelligence 'Failures,' Warns Trump of 'Bigger Miscalculation' in Hormuz—Bessent Vows 'Never Been Seen' Economic Isolation

Seyed Abbas Araghchi, Minister of Foreign Affairs of Iran, called the U.S.-Iran war a miscalculation and blamed Washington for repeatedly suffering from intelligence failures.

Benzinga

'No substitute': Kuwait's future tied to Hormuz strait fate

Kuwait's oil exports have plummeted due to the ongoing war and Strait of Hormuz closure. The nation faces its biggest crisis since the 1990 invasion, impacting its economy significantly. Kuwait Petroleum Corporation declared force majeure after drone strikes hit its headquarters. The country's economy contracted by 4.6 percent in the…

The Economic Times

Iran calls out Trump's ‘lies’ about US control over the Strait of Hormuz

A spokesman for Iran's military command on Thursday called out US President Donald Trump's "lies and fabrications" after he claimed on social media that Washington had "total control over the Strait of Hormuz". Iran has maintained control of the Strait, a vital energy conduit, since the outbreak of the war…

France 24

Iran's military rejects Trump's claims of US control over Strait of Hormuz as 'lies'

Iran has kept control of Hormuz, a vital energy conduit, since the outbreak of the war on 28 February, requiring vessels to obtain permission and pay transit fees before using the waterway.

Euronews

Iran wants a mafia-style ‘protection’ toll on the Strait of Hormuz, but the eye-popping $20 billion per year haul is a pipe dream

Details of any tolling or voluntary fee system are unlikely to be finalized in any potential interim deal, further delaying a permanent peace solution.

Fortune

Trump says US ‘owns’ Strait of Hormuz, threatens Iran with force

President Trump stated the United States has total control over the Strait of Hormuz. He warned Iran against any actions that could provoke a forceful response. Iran's foreign ministry spokesperson blamed US-Israeli aggression for the situation. The spokesperson also claimed the Strait of Hormuz would remain open until 2026. Tensions…

The Economic Times

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The Economic Times

Why the US-Iran war continues to disrupt oil markets

The oil market is witnessing unprecedented volatility amid the intensifying US-Iran hostilities. Iran's surprising maneuver to shut down the critical Hormuz waterway has caught the attention of global investors. President Trump’s inconsistent remarks have also played a pivotal role in shaping market reactions. Despite the rise in crude prices, they…

The Economic Times

Pakistan sees US-Iran deal close as Hormuz standoff drags on, Trump toughens stance

Pakistan's defense minister indicated a potential US-Iran arrangement regarding the Strait of Hormuz. Oil prices reacted to these conflicting statements about ongoing negotiations. US President Donald Trump toughened his stance on reparations and future talks. Regional incidents and attacks on energy infrastructure continue to tighten markets. The effective closure of…

Euronews

Qatar sees 'positive' signs in Iran-Oman talks on reopening Hormuz

Doha said Iran and Oman had reached the technical stage of negotiations and were finalising shipping route coordinates, but warned against delay as only six vessels transited Hormuz on Monday compared with 130-140 before the war.

The Independent UK

‘It’s open now’: Trump claims US has control of Strait of Hormuz

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The Economic Times

Euro zone bond yields rise as oil climbs on Hormuz doubts

Bond yields in the Euro zone saw an uptick as oil prices surged, triggered by U.S. President Donald Trump's stance on Iran. The chances for a reopening of the Strait of Hormuz appear to have diminished. Investors are bracing for additional monetary tightening from the European Central Bank this year,…

International Business Times UK

Trump Says the Strait of Hormuz Is Open, but Ship Data Shows Why Your Fuel Price Is Not Falling Yet

Trump says the Strait of Hormuz is open, but ship-tracking data shows only single-digit daily transits versus 130 before the war, keeping US fuel prices from falling.

The Economic Times

Strait of Hormuz shipping traffic slumps to six vessels as US-Iran peace hopes fade

Shipping traffic through the Strait of Hormuz has significantly decreased recently. This decline coincides with fading hopes for a peace deal between the United States and Iran. President Trump presented new demands for compensation and an end to sanctions. The Iranian demands were similar to a preliminary peace deal signed…

The Economic Times

Global Market Today: Asian shares trade lower; oil holds gains

Oil prices managed to retain their gains as optimism regarding a deal in the Strait of Hormuz dissipated, sparking renewed fears of inflation. Treasury yields increased, and the yen weakened, undoing some of its recent recovery. Asian stocks and futures suffered slight declines, while Australian bonds dropped before an impending…

Reason

Trump Teased a Deal To Open Hormuz 'Tomorrow.' It's Been a Week.

The war with Iran continues to hold up oil flows from the Persian Gulf, even though it was supposed to be finished many times already.

The Economic Times

Strait of Hormuz to stay shut until US ends naval blockade: Iranian FM spokesperson

Iran stated the Strait of Hormuz will not reopen until the US halts its naval blockade. Foreign Ministry spokesperson Esmaeil Baghaei attributed the closure to military aggression. He emphasized that reopening depends on conditions imposed by American and Israeli authorities. Iranian Foreign Minister Seyed Abbas Araghchi confirmed no active negotiations…

The Economic Times

Iran says Hormuz transit fee details not under discussion in Oman talks

Iran is not currently discussing details of possible transit fees with Oman as the two countries negotiate a new shipping route through the Strait of Hormuz, Foreign Ministry spokesperson Esmail Baghaei said. He said talks on the maritime mechanism remain ongoing, with the two sides discussing safe passage, environmental issues,…

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