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The Latest Breaking News from Hormuz

More oil escapes Hormuz, keeping traders guessing

Iran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is widespread. This makes it harder to gauge market flows. Oil on water in the Gulf has dropped. This shows outflows are inching higher. The market…

The Economic Times

Oman resists US pressure to break ties with Iran over strait of Hormuz

Sultanate says talks with Tehran are limited to lawful management of waterway, but Washington has doubts about neutrality

The Guardian - UK

'Brace for New Shocks in June' as World Oil Supplies Near a Point of No Return, Analysts Warn

Global oil reserves are depleting rapidly due to the Iran war, with experts warning of severe economic impacts if the Strait of Hormuz remains closed.

International Business Times UK

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The week that was in international affairs: US-Iran deal hangs on nukes, Hormuz; Russia tests NATO

Welcome back to another edition of My Take 5, your weekly round-up of top international news. In this edition we are covering the US-Iran search for a deal to end their war, the Russian drone attack in Romania, growing India-Cyprus strategic ties, Armenia’s upcoming parliamentary elections, and Morocco emerging as…

The Times of India

Iran Vows to Fully Seal the Strait of Hormuz as US Talks Collapse and Oil Surges 7%

Iran has suspended indirect talks with the US and threatened to close the Strait of Hormuz, causing a significant spike in global oil prices.

International Business Times UK

US and Iran exchange fire as peace deal remains in limbo

Washington struck radar and drone sites in Iran over the weekend after Tehran downed a US drone, as Kuwait intercepted Iranian missiles and Trump said a deal "will all work out well in the end".

Euronews

Trump seeks fresh changes to Iran deal; draft includes Hormuz reopening, nuclear curbs: Report

President Donald Trump wants more changes to a proposed Iran deal. The agreement aims for a ceasefire and nuclear talks. It also includes opening the Strait of Hormuz. Iran insists on guarantees for its rights. Pakistan is mediating. The US warns of renewed conflict if terms are not met. Negotiations…

The Economic Times

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Oil prices rise more than 2% as Israel steps up incursion into Lebanon

Oil prices surged over 2% as intensified fighting between Israel and Hezbollah in Lebanon overshadowed hopes for a ceasefire extension with Iran. Stepped-up conflict, despite a prior truce, dimmed expectations for a deal, while concerns over mines in the Strait of Hormuz further tightened supply outlooks.

The Economic Times

US says it disabled another commercial ship trying to breach blockade and reach Iran

US forces have intercepted another ship trying to bypass their blockade of Iranian ports. The Gambia-flagged vessel, Lian Star, ignored warnings and was disabled by US aircraft. This marks the sixth such interception, with one ship previously allowed to pass. The blockade, initiated in response to Iran closing the Strait…

The Economic Times

Trump claims to be on verge of peace deal but Iran signals no agreement reached

US president did not announce decision on deal that could open strait of Hormuz after two-hour situation room meet

The Guardian - UK

How far have the U.S. and Iran got towards ending the Iran war?

America and Iran have agreed to extend a ceasefire. Shipping through the Strait of Hormuz will resume. Some American sanctions on Iran will be lifted. This is a major step towards ending a war. Talks will continue on Iran's nuclear program and other issues. The deal is not yet finalized.

The Economic Times

Oil Price Today (May 29): Crude oil falls as peace deal hopes offset constant tensions. What are experts saying?

Oil prices saw a slight dip on Friday. Hopes for a U.S. and Iran ceasefire extension are influencing the market. U.S. Vice President JD Vance indicated progress but noted unresolved issues. Geopolitical tensions remain high. Analysts suggest a prolonged Strait of Hormuz closure could impact global oil markets significantly.

The Economic Times

US, Iran accuse each other of violating truce after attacks

The US and Iran accused each other of breaching a fragile ceasefire after fresh clashes around the Strait of Hormuz, marking the worst flare-up since the truce began in April. Iran said it fired at unauthorised ships and targeted a US-linked airbase after strikes near Bandar Abbas, while US forces…

The Economic Times

First Thing: Trump threatens to ‘blow up’ US ally Oman if it does not ‘behave’ over strait of Hormuz

President makes comments after reports Iran and Oman have discussed jointly charging a toll for ships. Plus, how ‘balcony solar’ could help fight rising energy costs

The Guardian - UK

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The Guardian - UK

JD Vance says US ‘not there yet’ on an Iran deal – as it happened

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The Guardian - AU

US and Iran exchange strikes as Israel intensifies attacks on southern Lebanon

US forces down drones near strait of Hormuz, sparking attack on American airbase in Kuwait

The Economic Times

Iran targets US airbase after Washington’s strikes near Hormuz, warns ‘aggressor’ of harsher response

Iran's Revolutionary Guards announced they struck a U.S. airbase early Thursday, claiming it followed a U.S. attack near Bandar Abbas. The Guards issued a stern warning, vowing a more forceful response to any future "aggression" and holding the "aggressor" accountable for repercussions. The specific base targeted was not disclosed.

The Economic Times

Oil Price Today (May 28): Crude oil surges nearly 3% after Iran says it targeted US airbase in retaliation for fresh American strikes

Oil prices surged as US strikes in Iran heightened fears of shipping disruptions through the Strait of Hormuz. Iran's Revolutionary Guards claimed to have struck a US airbase, while US forces downed Iranian drones and struck a control station. Analysts warn that even a deal may not immediately normalize shipping,…

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International Business Times

The Slow-Motion Oil Crisis Nobody Sees Coming

Oil markets can absorb a shock for a while. The real test comes weeks later, when pre-crisis cargoes stop arriving, and BGN Group's flexible supply chains become essential.

The Independent UK

The 75-year-old military deadlock which Trump must learn from in his war with Iran

IN DEPTH: As the latest US strikes claim to target Iranian boats laying mines in the Strait of Hormuz, John W S Clark asks why no one is heeding the lessons of the past: that mine warfare will bring any ill-conceived conflict to a shuddering standstill

International Business Times UK

Rubio Calls Iran's Hormuz Blockade Illegal — Warns It Will Reopen 'One Way or the Other' as US Strikes Iran Again

Marco Rubio stresses the importance of keeping the Strait of Hormuz open amid rising tensions with Iran, following recent US military strikes

The Independent UK

Oil prices rise after fresh US strikes shatter hopes of imminent Iran peace deal

Brent crude fell 7 per cent on Monday, one of the sharpest single day drops since the Iran war and closure of Strait of Hormuz, but are now bouncing back

The Times of India

Why US struck Iran amid shaky ceasefire: 10 things to know about the 'self-defence' strikes

US forces struck Iranian missile sites and boats near the Strait of Hormuz. This happened during peace talks aimed at ending a three-month conflict. Iran accused the US of a war crime. Reports mentioned explosions and fatalities on Larak Island. Discussions continue on reopening the Strait of Hormuz and Iran's…

The Guardian - AU

US strikes Iran missile sites and mine laying vessels as Trump’s promised peace deal remains elusive

Negotiators from Iran travelled to Qatar on Monday, with the fate of the country’s nuclear programme and access to frozen assets under discussion

The Economic Times

Iran's top envoys discussing potential peace deal with Qatar prime minister, official says

Iran's top negotiator and foreign minister met Qatar's prime minister in Doha for talks with the US. Discussions centered on a potential deal to end the ongoing war. Key topics included the Strait of Hormuz and Iran's nuclear material. The US expressed cautious optimism for diplomacy.

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