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The Latest Breaking News from Hormuz

Trump doubles down on claims US will win war with Iran ‘one way or another’ as talks are in doubt – as it happened

President claims US negotiators spoke with Iranian officials through intermediaries after Iran says it ‘has no plans to negotiate with US’

The Guardian - UK · Sep 28

Qatar-linked LNG traffic through Hormuz strait picks up despite conflict

Recent transits of QatarEnergy-linked liquefied natural gas vessels through the Strait of Hormuz have increased. Kpler data indicates that more vessels are now visible, easing earlier fears related to the US-Iran conflict.

The Economic Times · Sep 28

Trump expects Iran talks next week after rejecting seven-day truce proposal

US President Donald Trump on Sunday said he expected talks with Iran to resume next week, despite rejecting Tehran’s proposal for a seven-day truce followed by the reopening of the Strait of Hormuz. Trump raised the possibility of renewed air strikes on Iran but also said he anticipated further negotiations.

France 24 · Sep 27

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UN ambassador Waltz says Iran was not negotiating ‘in good faith’ to end war

Waltz says Trump rejected Iran’s proposal to end war because they ‘were asking for everything up front’

The Guardian - US · Sep 27

Trump stonewalls Iran as U.S. helps double oil volume exiting the Persian Gulf, with the military now guiding ships through Hormuz in broad daylight

Tanker Trackers estimated that the total amount of crude oil exiting the U.S. blockade line is now 13 million barrels per day.

Fortune · Sep 26

From Hormuz to Saudi to US sanctions, world feels the oil heat

The war in West Asia has caused significant disruptions to global oil supplies and prices. Saudi Arabia faces challenges with pipeline closures, forcing alternative routes for exports. Meanwhile, India's oil imports have significantly increased in response to evolving market conditions. The potential of expanded sanctions further complicates India's energy security…

The Economic Times · Sep 26

Trump says he rejects Iran proposal on Strait of Hormuz

US President Donald Trump said Saturday that he had rejected a plan proposed by Iran on the strategic Strait of Hormuz, which Tehran says would have opened the waterway within seven days.

Radio France Internationale · Sep 26

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Iraq loses $60 billion to Iran war as Hormuz squeeze hits oil exports

Iraq is facing significant economic difficulties as its oil exports are disrupted by the ongoing Iran war, resulting in serious fuel shortages. With over 90 percent of its federal budget reliant on oil revenues, Prime Minister reports a staggering $60 billion loss in oil income. Even as a key crude…

The Times of India · Sep 26

Trump rejects Iran’s seven-day peace deal to reopen strait of Hormuz

US president is said to expect renewed strikes after the midterms

The Guardian - UK · Sep 26

‘Trump Strait’: US President renames Hormuz after rejecting 7-day ceasefire offer

Donald Trump stirred controversy by renaming the Strait of Hormuz to 'Trump Strait' in response to Iran's rejected offer. Iran’s foreign minister warned that normal maritime traffic could be restored in seven days if the US accedes to certain demands. Trump voiced distrust in that possibility, suggesting a potential military…

The Times of India · Sep 26

Trump rejects Iran’s seven-day plan to reopen Strait of Hormuz

US President Donald Trump on Saturday rejected an Iranian plan to reopen the Strait of Hormuz. Iran's Foreign Minister Abbas Araghchi presented the proposal to Trump’s envoy Steve Witkoff a day earlier on the sidelines of a UN gathering in New York. The plan stipulated that the important waterway would…

France 24 · Sep 26

Crude Prices Fall Sharply in Hopes of a Deal to Reopen Hormuz

November WTI crude oil (CLX26 ) closed down -2.20 (-2.33%) on Friday, and November RBOB gasoline (RBX26 ) closed down -0.1455 (-4.37%). Crude oil and gasoline prices sold off on Friday in hopes that negotiations between the US and Iran will lead to a deal to reopen the Strait of...

Barchart · Sep 25

Trump faces tough choices as Iran dangles deal to reopen Hormuz before US midterms

Iran’s seven-day timetable would restart nuclear talks, but will the US be willing to deliver on terms that include reining in Israel in Lebanon?

The Guardian - UK · Sep 25

Global Market: VLCC rates hit record as Saudi crude flows jump

Saudi Arabia’s increased crude shipments through the Strait of Hormuz have pushed ship-to-ship transfer operations in the Gulf of Oman to capacity, tightening tanker availability, lifting freight rates and complicating crude flows to Asian refineries.

The Economic Times · Sep 25

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The Times of India · Sep 25

Iran offers 7-day roadmap to end war as US talks hang in balance

Iran has offered the United States a seven-day plan to end the nearly seven-month war in West Asia, with Tehran proposing that the Strait of Hormuz be reopened by the end of the seventh day if certain conditions are met, The New York Times reported.

The Economic Times · Sep 25

Oil Price Today (September 25): Crude oil slips to $105 as truce hopes clash with Middle East attacks. What’s next?

US and Iranian negotiators in New York are discussing a phased route out of the war that would see Tehran reopen the Strait of Hormuz and Washington lift its economic blockade of Iran, according to multiple reports.

International Business Times UK · Sep 24

US and Iran Explore Hormuz Deal as Tehran Weighs Putting Ship Fees in Side Agreement, Sources Say

US and Iranian negotiators are reportedly discussing a phased agreement to reopen the Strait of Hormuz, ease economic pressure on Tehran and defer a disputed shipping tolls proposal.

The Guardian - US · Sep 24

Iran awaiting response from Trump on proposal to open strait of Hormuz in six days

Country says US must lift sanctions on its oil exports and end the war on all fronts, including in Lebanon

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The Economic Times · Sep 24

US, Iran explore phased deal to reopen Hormuz, lift economic blockade: Report

Negotiators from the US and Iran are discussing a phased resolution to their ongoing conflict. This approach could involve Iran reopening the Strait of Hormuz in exchange for lifting the US economic blockade. The talks face challenges as both parties are reluctant to give up leverage without tangible returns. Tensions…

The Times of India · Sep 24

Straitcraft: How geography gives Iran leverage and could do the same for India

Since the onset of the US-Iran war over 200 days ago, Iran has been strategically utilizing maritime chokepoints such as Hormuz. This has resulted in a marked decline in oil flows, affecting the global economy and forcing the US to reconsider its stance. Concurrently, India is exploring ways to capitalize…

The Conversation · Sep 24

How three colonial powers gained – and then lost – control over the straits of Hormuz and Bab el-Mandeb

Over recent months, the straits of Hormuz and Bab el-Mandeb have become synonymous with geopolitical jostling. Whoever controls these narrow waterways governs the flow of maritime traffic from the Arabian Sea and the Red Sea to the Indian Ocean – and with it, a vitally significant chunk of global trade.

The Economic Times · Sep 24

Saudi opens oil taps for Asia as India, China hunt crude amid Iran war, Hormuz crisis

Saudi Arabia has sold almost 100 million barrels of crude to Asian buyers, including refiners in India and China, helping ease supply concerns as the Iran war disrupts regional oil flows. The sales come as Iranian crude supplies dry up, Russian oil faces political risks and Saudi’s damaged East-West pipeline…

International Business Times UK · Sep 24

Iran's UN Defiance Keeps the Strait of Hormuz Question Open, and US Pump Prices Elevated This Fall

Iran's president refused to ease his grip on the Strait of Hormuz at the UN, keeping a chokepoint that helps set US pump prices in play as the national average nears $4.47 a gallon

The Economic Times · Sep 24

Gulf nations have found ways to keep oil flowing through the Iran war, but the costs are mounting

Iran's closure of the Strait of Hormuz initially raised concerns about soaring oil prices impacting the global economy. However, Gulf producers adapted quickly by utilizing alternative pipeline routes and increasing their oil exports. These adjustments helped stabilize oil prices around $100 per barrel despite the ongoing conflict. While the workarounds…

The Independent UK · Sep 24

Gulf nations keep oil flowing despite Iran war as costs mount

At the start of the Iran war, many feared that Tehran's closure of the Strait of Hormuz would send oil prices through the roof and throttle the global economy

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