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The Latest Breaking News from Hormuz

Shipping industry fears fuel shortages that could drive up prices worldwide

Global shipping companies are bracing for fuel shortages and rising costs as the Iran war disrupts supplies of bunker fuel through the Strait of Hormuz.

Euronews

France and UK convene 40-nation Hormuz talks, as Iran stand-off continues

The United Kingdom and France are set to co-host a multinational meeting on Tuesday aimed at turning diplomatic efforts over the Strait of Hormuz into a practical security operation, as Western powers seek to stabilise the strategically important waterway after months of conflict and disruption.

Radio France Internationale

Trump news at a glance: president says he ‘didn’t even finish reading’ Iran’s peace proposals

Ceasefire on ‘life support’, Trump says as he considers restarting US navy military escorts of ships through the strait of Hormuz – key US politics stories from 11 May 2026 at a glance

The Guardian - US

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Second Qatari LNG tanker heads through Hormuz to Pakistan as Iran war continues, data shows

A second Qatari LNG tanker, Mihzem, is transiting the Strait of Hormuz to Pakistan under an Iran-approved deal, following the Al Kharaitiyat's passage. This arrangement, facilitated by Pakistan's mediation role, allows Qatari cargoes to cross the waterway on a case-by-case basis amid conflict risks.

The Economic Times

Iran's Push for Fees on the World's Internet Cables Turns the Strait of Hormuz Into a 20% Global Traffic Weapon

Iran plans to charge fees on undersea internet cables in the Strait of Hormuz, aiming to leverage this digital bottleneck for revenue and political influence.

International Business Times

Neither US nor Iran can sustain strait of Hormuz standoff indefinitely

Simply hanging on could be a disaster for Iranians, while Trump needs to resolve this economic crisis he created

The Guardian - UK

US awaiting response from Iran over proposals for ceasefire deal, says Rubio

Diplomatic efforts continue despite fighting in and around contested strait of Hormuz in recent days

The Guardian - UK

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Middle East negotiations continue as US awaits Iranian response to latest peace proposal – as it happened

Centcom says it has struck two tankers heading for Iran after Tehran warned Washington was violating fragile ceasefire; two days of ‘intensive talks’ between Israel and Lebanon slated as strikes continue in the region

The Guardian - UK

Is the war over or not? US-Iran trade fire amid ceasefire, UAE hit again; where things stand

The fragile ceasefire between the United States and Iran appeared dangerously close to collapse on Friday after fresh military exchanges in and around the Strait of Hormuz reignited fears of a wider Middle East conflict. The latest escalation came after the US military said it intercepted Iranian missiles, drones and…

The Times of India

Oil prices rise as US and Iran exchange fire in Strait of Hormuz

Asian stocks head for stellar weekly gains despite pulling back slightly on Friday

The Independent UK

From stalemate to strikes: A dizzying week of US-Iran negotiations over the strait of Hormuz

Seven days ago, the US-Iran ceasefire was holding but negotiations seemed stalled, or inching forward at best. Then, Donald Trump and the US launched Project Freedom

The Guardian - AU

Trump news at a glance: US and Iran exchange fire, which president calls ‘love tap’

Skirmishes threw into question the viability of shaky ceasefire that had largely held for previous month – key US politics stories from 7 May at a glance

The Guardian - US

Iran forms agency to control Hormuz shipping

Iran has formed a new government agency to control passage through the Strait of Hormuz. This move raises concerns for international shipping. Meanwhile, peace talks continue between Iran and the U.S. mediated by Pakistan. Both sides are reviewing proposals. Hopes for an end to the conflict are growing, impacting global…

The Economic Times

Global Market Today: Asian stocks drop, oil climbs on Iran tensions

Asian stocks retreated from record highs as Middle East tensions escalated, impacting crude oil prices and reviving concerns over energy supplies. US forces responded to Iranian attacks in the Strait of Hormuz, while President Trump issued a stern warning. Despite volatility, investors remain focused on de-escalation efforts and the AI…

The Economic Times

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The Guardian - AU

US-Iran ceasefire under threat after exchange of strikes in strait of Hormuz

Donald Trump says ceasefire remains in place despite strikes, with Iranian TV saying situation is ‘back to normal’

The Guardian - UK

Trump shelved ‘Project Freedom’ after Saudis refused use of bases and airspace

Riyadh told White House it would deny access for operation to provide tankers military escort through strait of Hormuz

The Independent UK

Iran creates new agency to control shipping in Strait of Hormuz while reviewing peace deal with US

Iran has created a government agency to control and tax vessels passing through the Strait of Hormuz

Latin Times

Trump Halted Hormuz Operation After Saudi Arabia Refused Military Access - REPORT

President Donald Trump's abrupt decision to pause "Project Freedom," the U.S. military operation aimed at reopening shipping routes through the Strait of Hormuz, reportedly came after Saudi Arabia refused to allow American forces access to its airspace and military facilities, according to NBC News.

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The Guardian - UK

Reopening strait of Hormuz would have limited impact on cargo flows, says Maersk

CEO of Danish shipping group says increased costs due to higher fuel bills passed on to customers

Euronews

Maersk profit falls sharply as firm keeps forecast despite Hormuz uncertainty

Danish shipping giant Maersk said on Thursday it was maintaining its 2026 outlook despite the war in the Middle East and uncertainty over disruptions to key trade routes through the Strait of Hormuz.

The Independent UK

Shipping firms are being whipsawed by changing stances and risks as they wait for Hormuz to reopen

With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by uncertainty over how and when the Strait of Hormuz might reopen more than two months into the Iran war

The Guardian - UK

Oil prices fall as Trump says strait of Hormuz ‘open to all’ if Iran accepts deal

US president says war will end if Tehran agrees to deal, but that ‘bombing starts’ again if it does not

The Independent UK

France moves nuclear-powered carrier toward Hormuz in potential mission, as Trump pauses US effort

The French armed forces say that France’s aircraft carrier strike group is moving south of the Suez Canal and into the Red Sea in preparation for a potential future mission as part of a French-British plan for the Strait of Hormuz

The Guardian - UK

Another day, another pivot as Trump flails in an Iran trap of his own making

Latest proposal, derided by Tehran as a ‘wishlist’, could yet be a way out – but with 5,000 dead, it comes at an awful price

Reason

Trump's Bluff to Iran Didn't Work

After trying to open the Strait of Hormuz by force, the U.S. is ready to accept an Iranian proposal it had rejected.

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