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The Latest Breaking News from Hormuz

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

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

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The Guardian - AU

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.

Euronews

Blasts heard near Erbil airport – as it happened

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The Guardian - AU

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

The Guardian - UK

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…

The Times of India

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.

International Business Times UK

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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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The Times of India

'Can easily open Hormuz, take oil & make fortune': Trump makes 'gushing' claims

Trump's remark is concurrent to Washington's repeated claims that talks with Tehran have been "progressing well", though the Islamic regime, currently without the leadership, has outrightly quashed the Trump's claim. Trump's fresh assertion on Hormuz, a key chokepoint in the global oil supply route, comes a day after he appeared…

Euronews

French and South Korean leaders say they'll work together to reopen Strait of Hormuz

Iran warned the UN Security Council against any "provocative action", ahead of a scheduled vote on a draft resolution on the Strait of Hormuz that ended up being postponed.

Barchart

Stocks Recover on Hopes Strait of Hormuz Could Soon Reopen

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.11%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.11%. June E-mini S&P futures (ESM26 ) rose +0.08%, and June E-mini Nasdaq futures...

Barchart

Crude Prices Soar as Iran War Keeps Strait of Hormuz Closed

May WTI crude oil (CLK26 ) on Thursday closed up +11.42 (+11.41%), and May RBOB gasoline (RBK26 ) closed up +0.1966 (+6.36%). Crude oil and gasoline prices rallied sharply on Thursday, with crude posting a 3.5-week high. Crude prices are soaring after President Trump pledged more aggressive action against Iran...

Euronews

Over 40 countries launch coalition to secure Strait of Hormuz

The multinational coalition will pursue "the collective mobilisation of our full range of diplomatic and economic tools" to enable a "safe and sustained opening" of the Strait of Hormuz, said the British foreign secretary.

Barchart

Stocks Pare Losses on Hormuz Report

The S&P 500 Index ($SPX ) (SPY ) today is down -0.06%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.20%. June E-mini S&P futures (ESM26 ) are down -0.04%, and June E-mini Nasdaq futures...

The Independent UK

Cooper condemns Iranian ‘recklessness’ in talks to reopen Strait of Hormuz

Britain is seeking to lead a diplomatic initiative, including countries such as France, Germany and some Gulf nations, to restore access to the route.

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