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The Latest Breaking News from Strait of Hormuz

Iran, Oman advance plan to make vessels pay for Strait of Hormuz passage despite US objection

Iran and Oman are moving forward with plans to introduce payments for merchant vessels transiting the strategic Strait of Hormuz , despite strong objections from the United States.

The Times of India

Iran and Oman push Strait of Hormuz fee proposal despite Washington opposition

Iran and Oman are pushing for payments from ships transiting the Strait of Hormuz, a move opposed by Washington. This proposal, inspired by the Straits of Malacca and Singapore, aims to fund maritime safety. While Oman frames it as voluntary service fees, Iran insists on mandatory tolls. A temporary peace…

The Economic Times

Asian shares trade mixed as worries over Iran-US deal remain

Asian shares are trading mixed, as uncertainty remained about the war in Iran and access to the crucial Strait of Hormuz despite an initial U.S.-Iran deal

The Independent UK

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Iran Refuses To Meet Trump Envoys, Signals Plans To Control Strait Of Hormuz In Fresh Challenge To US-Brokered Peace Efforts

On Tuesday, Iran ruled out direct talks with senior U.S. officials despite Washington’s latest diplomatic push, underscoring deep divisions over a fragile ceasefire and the future of one of the world’s most critical oil transit routes.

Benzinga

Morgan Stanley Cuts Oil Price Forecast As Strait Of Hormuz Traffic Rebounds Faster Than Expected

Morgan Stanley (NYSE:MS) lowered its oil price forecasts for this year and next after noting that oil tankers are moving through the Strait of Hormuz faster than expected.

Benzinga

Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil market reacts to US-Iran talks, Strait of Hormuz developments and supply outlook

Oil prices posted gains during Tuesday's trading, but both Brent and US WTI crude futures remained on course for their biggest quarterly decline since 2020. Traders are watching US-Iran discussions, the Strait of Hormuz, global supply expectations, Iraq's crude pricing and analyst forecasts to understand where the oil market may…

The Economic Times

'Hands off' Strait of Hormuz: Iran says foreign intervention will 'only complicate issues'

Iran has confidently declared its readiness to maintain order in the Strait of Hormuz, insisting that foreign intervention is unnecessary and could destabilize the region. Furthermore, discussions with the US, arranged by Qatar, are expected to focus on the existing interim agreement rather than on new negotiations for a final…

The Times of India

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How China Cashed In on the Hormuz Crisis While the US and Iran Were Busy Fighting

The Strait of Hormuz crisis disrupted global markets, but China's strategic reserves and clean energy investments mitigated its impact, highlighting vulnerabilities in other Asian economies.

International Business Times UK

Kevin Hassett Says Gas Prices Will Drop Once Strait Of Hormuz Traffic Returns To Normal—Democrat Senator Calls Recent Price Hike 'Unacceptable'

President Donald Trump‘s top economic advisor, Kevin Hassett, said on Monday that gas prices in the U.S. will come down to pre-Iran war levels once the traffic through the Strait of Hormuz moves normally.

Benzinga

Hormuz, Suez, Taiwan Strait: Why the world’s supply chains now need war-room planning

Global supply chains face unprecedented threats as maritime chokepoints become geopolitical battlegrounds. The US-Iran conflict highlighted how disruptions in vital waterways like the Strait of Hormuz and Bab el-Mandeb trigger widespread economic fallout, from soaring freight rates to increased inflation. Other critical routes, including the Suez, Taiwan, Malacca, and Panama…

The Times of India

Iran says this. The US says that. A look at the trickiest issues in the unresolved conflict

The US and Iran face a tight deadline to finalize a peace deal, yet remain divided over an interim agreement. Disagreements persist regarding the Strait of Hormuz and the ongoing conflict in Lebanon, with both nations engaging in military actions. While the US claims a meeting is scheduled, Iran denies…

The Economic Times

'No negotiation at any level': Iran refutes Donald Trump's claim of planned US talks in Doha

Iran has denied any upcoming negotiations with the US, contradicting President Trump's claims of a meeting in Qatar. While both nations reportedly agreed to halt counter-strikes following recent escalations around the Strait of Hormuz, Tehran clarified that an expert delegation will visit Doha solely to discuss the implementation of a…

The Times of India

Trump says US team will meet Iran in Doha

US President Trump announced American representatives will meet Iranian officials in Doha, aiming to revive a peace process strained by recent Persian Gulf clashes. Both nations are portraying a signed MOU as a domestic win, despite ongoing disagreements over security, sanctions relief, and the sequencing of concessions. Mediators are working…

The Times of India

Why the US and Iran are about to ‘resume peace talks’ – and what is happening in the Strait of Hormuz?

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The Independent UK

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The Independent UK

Iran-US war latest: Trump sends envoys to Qatar despite Tehran ruling out peace talks

Marco Rubio and Steve Witkoff are travelling to represent the US

The Economic Times

Iran issues "serious warning" to Bahrain as tensions prevail in West Asia

An adviser to Iran's supreme leader has warned Bahrain of severe military action following retaliatory Iranian strikes on a local US base. Concurrently, the US and Iran have agreed to halt counter-strikes and resume critical diplomatic talks in Doha this Tuesday to resolve their maritime dispute over the Strait of…

The Economic Times

Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices gain after renewed US-Iran strikes and Strait of Hormuz disruption

Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices increased after renewed attacks involving the United States and Iran raised concerns over energy supplies through the Strait of Hormuz. Brent crude futures and US WTI crude moved higher…

International Business Times UK

Trump Warns He Will 'Complete the Job' as Fragile US-Iran Ceasefire Crumbles After Just 11 Days

The US and Iran are holding emergency talks in Qatar to salvage a fragile ceasefire, as tensions over the Strait of Hormuz escalate following renewed military strikes.

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The Times of India

US, Iran agree to halt attacks after counter-strikes; Qatar to host Hormuz talks on Tuesday

Amidst escalating tensions, the United States and Iran have agreed to a ceasefire and will resume talks in Doha, Qatar, to de-escalate the dispute over the Strait of Hormuz. Following days of military exchanges, both nations will halt counter-strikes, allowing vessels to navigate freely. The discussions aim to resolve differing…

The Economic Times

Strait of Hormuz open or close, Iran-US deal to collapse anytime? Tehran strikes against vital American bases in Kuwait, Bahrain, U. S attack multiple Iranian military targets

Strait of Hormuz: Iran has been insisting on controlling passage through the vital strait, through which a fifth of the world's oil and liquefied natural gas travel in normal times, something it did not have before the war.

The Economic Times

Iran FM Araghchi warns any challenge to Hormuz strait will 'increase tensions'

Iran's Foreign Minister Abbas Araghchi cautioned on Sunday that any disruption to Tehran's control over the vital Strait of Hormuz would escalate tensions, even amidst ongoing peace talks. Speaking in Baghdad, he urged all parties to respect the existing memorandum of understanding, warning that deviations would complicate efforts to reopen…

The Economic Times

Asia's vendors grapple with rising costs of ever-present plastics

Rising plastic costs: Asian food vendors are struggling with soaring plastic costs, a direct consequence of the Middle East energy crisis. Despite a US-Iran deal, supply chain disruptions persist, particularly concerning the Strait of Hormuz. Vendors in Taipei and Bangkok report significant price hikes for essential items like bags and…

The Economic Times

Pakistan hikes petroleum levy on petrol, diesel; keeps retail prices unchanged

Pakistan's government has increased the petroleum levy on petrol and diesel, keeping retail prices steady despite falling international oil rates. Consumers will continue paying the same for petrol and diesel, while kerosene prices have been reduced. This move boosts government revenue as global oil prices hit pre-war lows following a…

The Times of India

US-Iran conflict escalates: Tehran hits back with 'crushing response' after Trump's fresh strikes — key developments

A fragile US-Iran ceasefire shattered following fresh military strikes after an oil tanker attack in the Strait of Hormuz. The US targeted Iranian military infrastructure, accusing Tehran of a drone strike. Iran retaliated with missiles and drones at US bases in Bahrain and Kuwait, warning of further action. This escalation…

The Economic Times

Trump threatens to annihilate Iran after new exchange of attacks

Trump issued a stark warning to Iran, saying the nation would cease to exist if forced back into war, following US strikes on Iranian targets. These retaliatory actions, aimed at Iranian missile and drone sites, were in response to attacks on shipping in the Strait of Hormuz.

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