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The Latest Breaking News from Hormuz

Strait of Hormuz: How Trump gave Iran a weapon deadlier than any nuke

A recent conflict has shifted control of the vital Strait of Hormuz. Iran may now charge transit fees for ships passing through. This follows a US-Iran ceasefire agreement. The situation signals a significant change in regional maritime control. Global oil trade routes are impacted by these developments.

The Times of India

Strait of Hormuz toll? Iran to demand crypto payment from shipping firms - report

Under the proposed system, tankers would be required to share cargo details via email before being assigned a transit fee, reportedly set at $1 per barrel. Payments would be made in digital currencies. “Once the email arrives and Iran completes its assessment, vessels are given a few seconds to pay…

The Times of India

Ceasefire changes little for shipping in strait of Hormuz, experts say

Analysts expect only limited increase in shipping as vessels will still need to seek Iranian permission to transit

The Guardian - UK

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Europe hails US-Iran ceasefire. Yet major questions hang over deal

The US-Iran ceasefire deal leaves several crucial questions unanswered for Europeans, who now find themselves excluded from the diplomatic process and scrambling to contain the ripple effects from the war.

Euronews

Oil Prices Plunge Below $95 as Trump Announces Iran Ceasefire: Markets React Wildly

World oil prices tumbled sharply Wednesday after President Donald Trump announced a framework ceasefire between the United States, Israel and Iran, easing fears of prolonged disruption to crude flows through the Strait of Hormuz and sending Brent crude futures plunging more than 13% in early trading.

International Business Times

Is Strait of Hormuz Open Now? Strait of Hormuz Partially Reopens Under Fragile US-Iran Ceasefire

The Strait of Hormuz, the narrow chokepoint that carries roughly one-fifth of the world's oil and liquefied natural gas, is no longer fully closed but remains heavily restricted as a two-week ceasefire between the United States and Iran took effect Tuesday, allowing selective "safe passage" for approved vessels while thousands…

International Business Times

Iran Ceasefire: Will Petrol Prices Finally Return To Normal This Week?

A fragile Iran ceasefire has reopened the Strait of Hormuz, driving oil prices down and raising hopes UK petrol costs may fall, but uncertainty lingers over whether relief will reach drivers.

International Business Times UK

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Greek and Liberian-flagged ships first to transit Hormuz since ceasefire

A Greek-owned bulk carrier and a Liberian-flagged vessel seem to be the first ships through the Hormuz Strait since Wednesday's ceasefire, part of a fragile two-week truce.

Euronews

Trump’s ceasefire gives Iran control of the Strait of Hormuz—and Mojtaba Khamenei is reportedly alive

Everything you need to know before you reach the office this morning.

Fortune

‘A step back from the brink’: European leaders welcome US-Iran ceasefire

Announcement of deal met with relief and calls for strait of Hormuz to be reopened and permanent end to hostilities

The Guardian - UK

UK politics: Starmer warns ‘lot of work to do’ to make ceasefire permanent at start of talks in Gulf - as it happened

PM will meet leaders in the region to discuss diplomatic efforts to support the ceasefire agreed between the US and Iran

The Guardian - UK

Oil prices plunge 15% to below $100, stocks surge and dollar slumps after Trump announces US-Iran ceasefire – as it happened

Oil prices drop most since pandemic while gas prices slide 20%; government bond yields fall sharply as rate hike expectations recede

The Guardian - UK

Has the war ended? 10 things to know about the US-Iran ceasefire

US President Trump announced a two-week pause on military strikes against Iran, contingent on reopening the Strait of Hormuz and diplomatic engagement. While a narrow window for talks has opened, the situation remains volatile. Iran has proposed a 10-point peace framework, but discrepancies and ongoing military activity highlight the fragility…

The Times of India

How might the Strait of Hormuz be reopened? Here are 3 scenarios

The Strait of Hormuz crisis has reached a critical juncture. President Donald Trump has demanded Iran reopen the strait or the United States will further intensify its military assault.

The Conversation

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The Guardian - AU

Trump says uranium will be ‘taken care of’ – as it happened

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Euronews

OPEC+ to hike crude output: Will it make a difference to oil prices?

The Organization of the Petroleum Exporting Countries and its allies (OPEC+) has agreed ‌to increase its crude output as the Middle East conflict continues to disrupt oil traffic passing through the Strait of Hormuz.

The Guardian - AU

Blasts heard near Erbil airport – as it happened

This blog is now closed – our live coverage continues here

The Guardian - UK

Trump warns Iran to reopen strait of Hormuz by Tuesday or face ‘hell’

President shifts deadline again for attacking power plants and bridges in expletive-ridden social media post

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The Times of India

Cursing at Iran won't reopen Strait of Hormuz: Ro Khanna says Obama-like statesmanship needed now

Democratic Rep Ro Khanna expressed shock at President Donald Trump's Truth Social Post laden with abusive words for Iran and said the president is failing US troops in Iran. On NBC's Meet the Press, Khanna said he would not vote for any additional funding for the war. In a Truth…

The Times of India

'Gates of hell will open for you': Iran rejects Trump's 'helpless' 48-hour ultimatum to reopen Strait of Hormuz

Iran has rejected a 48-hour ultimatum from US President Donald Trump, who threatened to destroy the nation's essential infrastructure if a deal isn't reached. Trump's warning, issued via Truth Social, cited the reopening of the Strait of Hormuz as a key demand. This ultimatum follows recent diplomatic engagement and previous…

International Business Times UK

Iran Offers Europe a Hormuz Lifeline — and the Price Could Be the Dollar

Iran proposes negotiations for transit access through the Strait of Hormuz, potentially easing a global energy crisis. Explore the implications for Europe and the petrodollar system.

Axios

Trump threatens Iran with "hell" if Hormuz strait isn't open in 48 hours

Iran has accused the U.S. of planning to commit war crimes.

Newslaundry

God on their side, the bill on ours: Counting the real cost of the war in West Asia for India

With guns in their hands and God on their side – Bob Dylan John Mearsheimer writes in The Tragedy of Great Power Politics: “States rarely go to war unless they think that rapid success is likely.”It has been more than a month since Benjamin Netanyahu and Donald Trump started the…

The Guardian - UK

Several vessels, including French container ship, pass through strait of Hormuz

Reports say CMA CGM vessel and three tankers linked to Oman have exited the Gulf despite the ongoing blockade

Euronews

Trump says US can open Hormuz with 'a little more time' and asks Congress for $1.5tr for defence

Lying between the Persian Gulf and the Gulf of Oman, the Strait of Hormuz is one of the most strategic and vital corridors for the transport of energy and has been effectively closed by Iran since the start of the war.

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