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The Latest Breaking News from Hormuz

Brent crude hits $90 as Kuwait ‘starts cutting oil production’; shock as US economy loses 92,000 jobs in February – as it happened

Huge miss in US jobs report suggests labor market weakening, as Middle East crisis drives oil price higher and higher

The Guardian - UK

‘We’re powerless … and hoping nothing hits us’: trapped on a tanker as Iran war escalates

Seafarer tells of explosions in the sky as thousands stuck on vessels after strait of Hormuz is effectively closed to shipping

The Guardian - UK

Iran war: How exposed are European economies?

The closure of the Strait of Hormuz has sent gas prices surging by 60%, putting additional strain on Europe's already-depleted winter inventories and prompting economists to revise their 2026 growth and inflation outlooks.

Euronews

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How the Iran war could create a ‘fertiliser shock’ – an often ignored global risk to food prices and farming

Tehran is moving to restrict – or effectively close – the strait of Hormuz to shipping, as part of the latest escalation in the war involving Iran.

The Conversation

US submarine sank Iranian warship, Hegseth says – as it happened

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The Guardian - AU

‘Free flow of energy’: Donald Trump orders US Navy to escort tankers through Strait of Hormuz

President Trump has ordered the US Navy to escort oil tankers through the Strait of Hormuz if needed and directed a federal agency to offer political risk insurance for maritime trade in the Gulf. This immediate action aims to guarantee the uninterrupted global energy supply amidst escalating Middle East tensions.

The Times of India

Iran has largely halted oil and gas exports through strait of Hormuz

At least four tankers have been struck by drones and maritime traffic has dropped by 80%, reports say

The Guardian - UK

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$100 Oil? A Prolonged Hormuz Closure Could Trigger a 1970s-Style Energy Shock

Explore the strategic importance of the Strait of Hormuz and how escalating tensions could impact global oil markets and prices.

International Business Times UK

China calls for vessels in strait of Hormuz to be protected amid soaring shipping costs

Beijing’s foreign ministry urges ‘all parties’ to avoid escalation as number of crossings drops 60% in one day

The Guardian - UK

How escalating Iran conflict is driving up oil and gas prices – a visual guide

A halt to shipping in strait of Hormuz and attacks on Middle East refineries are threatening supplies and stoking inflation

The Guardian - UK

A gas shock – not an oil shock – from the Iran war looks more threatening

Europe and Asia will take an economic hit if the supply of Qatari LNG is halted by the closure of the strait of Hormuz

The Guardian - UK

Maritime insurers cancel war risk cover in Gulf as Iran conflict disrupts shipping

Strait of Hormuz is effectively closed and vessels rerouted, sending some freight costs surging

The Guardian - UK

Could Iran Close Hormuz? Experts Say It Is Not That Simple

Explore the geopolitical significance of the Strait of Hormuz and the complexities surrounding potential disruptions.

International Business Times UK

What disrupting the strait of Hormuz could mean for global cost-of-living pressures

The narrow shipping route on Iran’s southern border carries one-fifth of global seaborne crude oil, one-fifth of LNG shipments and one-third of the most widely used fertiliser

The Guardian - AU

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The Guardian - UK

Middle East crisis pushes up oil prices – and could drive inflation rises too

Effects of extended conflict between US and Iran could also lead to higher interest rates and hit economic growth

The Conversation

Strait of Hormuz: if the Iran conflict shuts world’s most important oil chokepoint, global economic chaos could follow

The reported sinking of several Iranian warships by US missiles in the Gulf of Oman serves as a reminder of the maritime aspect of the conflict which began February 28 with a barrage of Israeli and American missiles targeting Iran. Two other vessels, believed to be tankers, have also been…

The Times of India

Middle East crisis: Oil tanker hit near Oman in Strait of Hormuz amid Iranian retaliation; 15 Indian nationals evacuated

An oil tanker, the Skylight, was attacked off Oman's coast, injuring four crew members and prompting an evacuation. This incident follows Iran's warning to close the vital Strait of Hormuz, a key global oil route. Shipping giants are suspending transit, and insurers are withdrawing cover, raising fears of severe global…

The Independent UK

How Iran’s closure of Strait of Hormuz could upend global oil and gas supplies

Iran has effectively shut down the Strait of Hormuz in retaliation for the US-Israeli war. Given that a quarter of seaborne oil and a fifth of global LNG shipments pass through this critical maritime route, the move may prove catastrophic for major economies dependent on energy supplies from the Gulf.…

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The Times of India

Conflict calculus: Why Khamenei is betting on war with US for regime survival

The United States has built up one of its largest Middle East deployments in years, with two aircraft carriers moving into position and additional warships and aircraft arriving in the region. The State Department has also begun thinning out exposed outposts. Meanwhile, Iran is preparing itself for a protracted war…

The Times of India

Iran temporarily shuts parts of Strait of Hormuz — why it matters far beyond the Gulf

Iran has temporarily closed parts of the Strait of Hormuz, one of the world’s most critical energy chokepoints, as tensions with the United States escalate. Iranian state and semi-official media reported live-fire naval drills in the narrow waterway, with missiles launched from inside Iran and along its coast reportedly striking…

Euronews

Tehran threatens US and closes Hormuz for drills amid nuclear talks

Iran has temporarily closed the Strait of Hormuz for live-fire drills on Tuesday as tensions with the US escalate, even as new nuclear talks in Geneva seek to avert open conflict.

The Guardian - UK

Iran-US talks: agreement reached on ‘guiding principles’ after ‘constructive’ meeting, Tehran says

Discussions through Omani intermediaries may pave way for further meeting on nuclear programme, Iran says

Euronews

Tehran's top diplomat goes to Geneva for nuclear talks amid IRGC's Hormuz war games

Iran and the US resume Geneva nuclear talks amid disputes over missiles and proxies, as Iran conducts IRGC war games in the strategic Strait of Hormuz.

Benzinga

US-Iran War A 'Nuclear-Grade Bull Catalyst' For Bitcoin, Says Analyst, Even As Odds That Strait Of Hormuz Will Be Blocked Dips

Cryptocurrency analyst and author Adam Livingston argued Sunday that escalating geopolitical tensions in the Middle East could serve as a “nuclear-grade bull catalyst” for Bitcoin (CRYPTO: BTC).

The Conversation

Iran is considering closing the strait of Hormuz – why this would be a major escalation

Faced with the prospect of continuing Israeli airstrikes and further American involvement, Iran’s parliament has reportedly approved plans to close the strait of Hormuz.

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