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The Latest Breaking News from Strait of Hormuz

'20% too much, Iran will be fair': Iranian FM Araghchi takes dig at Trump over Hormuz "guardian" remark

In an amusing retort, Iran's foreign minister dismissed President Trump’s suggestion of charging fees for Strait of Hormuz security, claiming that Iran exclusively oversees this essential maritime route. Trump had previously indicated a twenty percent charge, but Iran strongly warned against US meddling, with both nations standing firm in their…

The Economic Times

U.S. military renews strikes on Iran while tankers come under attack in Strait of Hormuz

US forces conducted strikes against Iran for a third night. Two tankers faced attacks in the Strait of Hormuz while transiting. President Trump declared a blockade and vowed to guard the vital waterway. Iran responded by targeting US facilities and equipment in the region. Oil prices surged significantly following these…

The Economic Times

Motorists to pay price for US blockade, toll in strait

While the government is concerned about the impact on petrol prices, the opposition warns a US toll in the Strait of Hormuz would set a dangerous precedent.

AAP

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UN Shipping Agency Says There Is 'No Legal Basis' for Trump's Hormuz Toll Plan

The UN's maritime agency has rejected Donald Trump's proposal to charge a 20% fee for vessels passing through the Strait of Hormuz, citing no legal basis for tolls on international waterways.

International Business Times UK

Iran mercilessly mocks Trump’s proposed 20% Strait of Hormuz toll, accusing US of overcharging

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The Independent UK

France, Germany, UK condemn Iran attacks as renewed fighting with US puts peace deal at risk

The foreign ministers of France, Germany, and Britain have condemned Iran's attacks on shipping in the Strait of Hormuz and on countries in the region, as Iran and the United States have traded attacks in recent days, casting doubt on their interim agreement to end the war.

Radio France Internationale

Donald Trump says US to reinstate Hormuz blockade and impose 20 per cent cargo charge

DONALD Trump has said that the US will reinstate the Strait of Hormuz blockade and impose a 20 per cent charge on cargo ...

The National (Scotland)

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Trump announces 20% toll on Strait of Hormuz – what we know

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The Independent UK

US to charge 20% on Strait of Hormuz cargo, says Trump; reinstates naval blockade on Iran

President Donald Trump announced the United States is reinstating a naval blockade on Iran. He stated the U.S. will be reimbursed twenty percent on all cargo shipped through the Strait of Hormuz. Iran claimed it had closed the vital waterway following an unauthorized transit. U.S. and Iranian forces exchanged missile…

The Economic Times

'Mojtaba Khamenei is 90% gone': Donald Trump's big claim as US strikes on Iran continue

US President Trump stated Iran's Supreme Leader Mojtaba Khamenei is "90% gone" after recent strikes. Mojtaba Khamenei missed his father's funeral, citing security concerns. He vowed to avenge the killing of his father and other martyrs. The Strait of Hormuz remains a flashpoint after Iran attacked a container ship. Renewed…

The Times of India

Who guards Hormuz and who gets paid? Trump and Iran clash over control of the strait

The conflict between Iran and the United States over the Strait of Hormuz continues. Both nations are contesting control of the vital waterway amid ongoing attacks. The United States conducted significant strikes on Iranian targets following an attack on a container ship. Iran stated it alone has authority to control…

The Times of India

Refreshed US-Iran strikes enter second day

DUBAI - US military strikes on Iran entered a second day on Monday in a new surge of fighting over the status of the Strait of Hormuz that endangered a fragile interim agreement and sent oil prices spiking.

Bangkok Post

Trump says US will be 'guardian' of Strait of Hormuz, impose 20% cargo levy

President Trump announced the United States will guard the Strait of Hormuz. He stated America will act as the waterway's guardian and receive payment. Trump accused Iran of violating a prior agreement with Washington. He mentioned that Iran's leadership is a problematic group. The US plans to take control of…

The Economic Times

Traffic stopped in Strait of Hormuz amid new wave of US-Iran strikes

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The Independent UK

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Bangkok Post

Middle East rocked by heaviest attacks since Iran-US ceasefire

TEHRAN - The Middle East has been rocked by US and Iranian attacks of a scale unseen since an April ceasefire, as fighting over the strategic Strait of Hormuz threatened to derail efforts to permanently end the war.

The Economic Times

Global Market: Eurozone bond yields climb as Middle East tensions rekindle inflation concerns

Eurozone government bond yields climbed on Monday due to escalating US-Iran tensions. Oil prices surged significantly after Iran announced a closure of the Strait of Hormuz. This renewed conflict has increased concerns over global inflation and economic stability.

Evening Standard

Oil prices jump after weekend US and Iran attacks

Benchmark Brent crude rose 4% to 79 US dollars a barrel as America and Iran both claimed control over the vital Strait of Hormuz.

International Business Times UK

Iran Keeps Closing the Strait of Hormuz—So Why Aren't Governments Panicking Hike Like They Used To?

The US-Iran conflict escalates with military strikes, impacting the Strait of Hormuz. This vital trade route sees fluctuating oil prices as tensions rise, prompting global shifts in energy strategies.

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The Economic Times

Rupee hits one-month low as renewed Mideast conflict lifts oil prices

The Indian rupee reached its weakest point in over a month on Monday. Renewed Middle East hostilities and Iran's Strait of Hormuz claim sent oil prices surging. State-run banks offered dollars, likely on behalf of the Reserve Bank of India. Markets had anticipated less severe escalation, but this risk is…

The Economic Times

Ships pass through Strait of Hormuz in secret as US and Iran trade strikes

Following renewed US-Iran fighting, observable ship traffic in the Strait of Hormuz has halted, replaced by vessels making secret "dark crossings" with transponders off. While the US claims pathways remain free, Iran demands transit permissions.

The Independent UK

Iran-US war latest: Trump launches new wave of strikes as UAE condemns Iran’s ‘brazen’ attacks on tankers

Donald Trump has said the US will be guardians of Strait of Hormuz and impose a 20 percent toll on ships using it

The Economic Times

Gold prices fall by Rs 2,000/10 grams, silver dips by Rs 5,400/kg as rising oil prices spur rate hike bets. Should you sell?

Gold and silver prices extended losses on the MCX for a second straight session on Monday amid rising oil prices triggered by fears of a Strait of Hormuz closure. Higher crude prices raised concerns over persistent inflation and prolonged high interest rates, weighing on precious metals.

The Independent UK

US ends latest round of airstrikes on Iran after Tehran strikes Gulf states

The U.S. military says it ended its latest wave of strikes targeting Iran, insisting that Tehran does not control the Strait of Hormuz

The Economic Times

Gold slides over 1% as oil surges on Strait of Hormuz closure fears

Gold prices declined over one percent in early Asian trade Monday. Oil prices jumped sharply, increasing inflation concerns and interest rate expectations. U.S. and Iranian forces exchanged missile and drone assaults in the Gulf region. Federal Reserve chair testimony and economic data will offer policy clues. Gold speculators reduced net…

The Economic Times

Iran says latest US strikes have 'rendered futile' recent diplomacy

Iran condemned recent United States attacks, stating they undermined diplomatic efforts. These strikes aimed to degrade Iran's ability to attack commercial ships. Iran called the attacks a violation of the UN Charter and a threat. The foreign ministry said the actions disrupted peace and security in West Asia. Tehran also…

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