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The Latest Breaking News from Hormuz

Oil inches toward $90 on tanker attacks, lack of progress in Iran war peace deal

Crude oil futures experienced an upward trend on Friday due to disruptions from tanker attacks and the stagnation of peace talks. Brent crude closed at $88.52 a barrel while WTI crude settled at $82.40. Attacks within the Strait of Hormuz and disruptions at a Russian port led to a decline…

The Economic Times · Aug 15

Trump threatens to declare strait of Hormuz ‘territory of the United States’

Seriousness of remark made in New York on Friday, and whether it signaled new policy position, not clear

The Guardian - US · Aug 14

Iran says the Strait of Hormuz is shut down. The Trump administration says 9 million barrels a day are still getting out

“Hefty chunk of non-Iranian crude still getting out, unlike the Iranian crude that isn’t.”

Fortune · Aug 14

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Iran's Brutal Trump Strategy: Drag Out the War Until His Presidency Is Over

Iran's IRGC adviser says Tehran could prolong the war until Trump leaves office, using attrition to deter future attacks as tensions rise over the Strait of Hormuz.

International Business Times UK · Aug 14

Iran prepares for prolonged war as US talks over Hormuz remain stalled

Iran is reshaping its military posture with new appointments and an offensive doctrine. US-Iran talks remain deadlocked over the Strait of Hormuz and potential agreements. President Trump claims total control over the vital waterway, which Iran disputes. Fighting has eased after nearly six months, but peace efforts have stalled. Pakistan…

The Times of India · Aug 13

Oil Price Today (August 13): Crude oil dips below $90 despite Strait of Hormuz deadlock. Here’s why

The Organisation of Petroleum Exporting Countries cut its forecast for global oil demand growth in 2026 to 580,000 barrels per day in its monthly oil market report released on Wednesday. The International Energy Agency also lowered its outlook on Wednesday, saying it now expects oil consumption to contract by 1.6…

The Economic Times · Aug 13

The Trump Administration's Hormuz Oil Numbers Don't Add Up

Energy Secretary Chris Wright claims that more oil left the Middle East in a day than before the war. But the industry isn’t buying it—and gas prices are still high.

Reason · Aug 12

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Revolutionary Guard Adviser Warns Iran Is Preparing Military Operations on US Soil as Hormuz Peace Talks Crash

Iran hints at striking 'enemy soil' as Hormuz remains closed and Gulf tensions hit global shipping and oil markets.

International Business Times UK · Aug 12

Trump hails 'wall of steel' blockade, says US will keep control of Strait of Hormuz

Iran maintains it effectively controls much of the waterway and intends to impose a toll system in response to the US war launched by Trump on 28 February.

Euronews · Aug 12

Global oil supply shortfall to deepen as Hormuz reopening remains elusive, IEA says

Global oil supply will fall by 4.3 million barrels daily this year. Renewed Middle East hostilities are disrupting supplies and deepening the oil market deficit. This year's expected supply drop compares with earlier forecasts and is significant. The International Energy Agency expects a deficit of 1.8 million barrels daily over…

The Economic Times · Aug 12

A Prolonged Hormuz Closure Could Send Crude to $140 As U.S.-Iran Deal Remains Elusive

Oil prices remain far below the surge above $100 a barrel last month and the peak of more than $110 reached in May, but analysts say the relative calm may become increasingly difficult to sustain.

International Business Times · Aug 12

Energy Secretary Chris Wright Says Hormuz Oil Flows Surpass Prewar Levels as US, Gulf Allies Step Up Coordination—Trump Claims ‘100% Control’ of the Strait

Energy Secretary Chris Wright highlighted a significant increase in the average daily oil flow through the Strait of Hormuz over the past week.

Benzinga · Aug 12

Iran-US war latest: Tehran rejects Trump’s claim of ‘total control’ over Hormuz as traffic nears 3-month low

Donald Trump argued the Iranian navy has been destroyed and they cannot enforce the closure of the strait

The Independent UK · Aug 12

Middle East standoff: Why Gulf states may accept that Iran will control the Strait of Hormuz

Gulf energy producers have acknowledged Iran's assertion of control over the critical Strait of Hormuz. This development occurs amidst attempts to resume passage through this essential route, which are stymied by ongoing tensions. Governments in the region prioritize peace over export delays, while Iran aims for financial easing and a…

The Times of India · Aug 11

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The Economic Times · Aug 11

Pakistan minister Naqvi heads to Iran amid mediation efforts to end conflict

Pakistan's Interior Minister Mohsin Raza Naqvi traveled to Tehran for crucial discussions. He engaged with Iranian officials regarding bilateral ties and mutual interests. This visit follows previous mediation efforts by Pakistan and Gulf countries. Talks between the US and Iran collapsed last month due to escalating tensions. The Strait of…

International Business Times UK · Aug 11

Iran to Wait Out Trump's Presidency Until 2029? Strait of Hormuz Standoff Sends Oil Above $84

Oil prices rose sharply this week as Iran does not plan to negotiate with US President Donald Trump until he remains in office, which is until 20 January 2029.

The Independent UK · Aug 11

Iran-US war latest: US fires on ship for violating blockade as Trump again claims ‘total control’ over Hormuz

US leader reportedly hid in a catering truck to fend off an assassination threat after attending Nato summit last month

The Guardian - UK · Aug 10

Trump demands Iran pay compensation for decades of US soldier deaths

US president’s statement is latest sign that negotations to end war and reopen strait of Hormuz have stalled

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The Economic Times · Aug 10

Oil Price Today (August 10): Crude oil rises to $85 amid Hormuz worries as attacks continue. What are experts saying?

Oil prices climbed Monday as Strait of Hormuz reopening remained uncertain. Iran stated a deal with Oman was nearing completion for new shipping lanes. Attacks on Saudi and UAE facilities heightened supply concerns over the weekend. Analysts predict significant price increases if disruptions continue for months. Oil is expected to…

Benzinga · Aug 10

Iran Links Hormuz Reopening to US Meeting Its Demands: Dow Futures Fall 127 Points, Brent Above $84

Iran said an agreement with Oman on new shipping lanes through the Strait of Hormuz is in its "final stages," but Tehran reiterated that the strategic waterway will not reopen unless the U.S. meets several conditions.

The Economic Times · Aug 10

Iran ties Hormuz reopening to US concessions on several demands

Iran says a deal with Oman on new shipping lanes through the Strait of Hormuz is in its final stages, but reopening the strategic waterway depends on U.S. concessions, including compensation, sanctions relief and an end to military threats. The developments come amid heightened regional tensions and attacks on shipping.

The Economic Times · Aug 9

US Iran war: Trump may ditch nuclear deal plan if Tehran reopens Hormuz

US President Trump seeks an exit from the Iran war as the conflict continues to escalate. The administration may set aside the nuclear issue for Strait of Hormuz reopening. Iran has set new conditions for reopening the strategic waterway, demanding US behavior correction. Financial demands and sanctions remain significant hurdles…

The Times of India · Aug 9

Trump ready to end Iran war without nuclear deal; Tehran's demands complicate exit: Report

US President Donald Trump has reportedly signalled to senior aides that he is willing to end the Iran war without securing a nuclear deal with Tehran. But Iran's new demands for reopening the Strait of Hormuz have complicated the US president's efforts to find an exit from the conflict, Wall…

Bangkok Post · Aug 9

Iran issues demands for reopening of Hormuz

DUBAI - Iran set preconditions on Saturday for a reopening of the Strait of Hormuz, including compensation for war damages, complicating a potential deal to open the waterway essential to the world economy.

The Economic Times · Aug 9

Iran says Hormuz deal with Oman close, but strait reopening hinges on US concessions

Iran and Oman are nearing a deal for a new shipping route through the Strait of Hormuz. This agreement is seen as vital for ending the ongoing war and resuming normal oil traffic. However, Iran insists on further conditions, including U.S. compensation and an end to threats. The United Arab…

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