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The Latest Breaking News from Strait

I solved the Strait of Hormuz crisis with videogames, simply by creating an even bigger Strait of Hormuz crisis

Put me in for the FIFA peace prize.

PC Gamer

Iran's deputy foreign minister dials Vikrim Misri to discuss West Asia situation

India's Foreign Secretary Vikram Misri spoke with Iran's Deputy Foreign Minister Majid Takht Ravanchi. Discussions covered regional developments and bilateral cooperation. This follows US Secretary of State Marco Rubio's statement on progress in US-Iran talks. The Strait of Hormuz reopening is a key focus. Iran's nuclear program and control over…

The Economic Times

Oil Prices Plunge 5% As Donald Trump Teases Historic 'Constructive' Iran Peace Deal

Oil prices fell by 5% following Donald Trump's remarks on constructive talks with Iran over the Strait of Hormuz, despite no concrete deal being reached yet.

International Business Times UK

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Trump not going to make a bad deal with Iran, says Rubio

US-Iran ceasefire: United States Secretary of State Marco Rubio confirmed President Donald Trump is not hurrying a peace deal with Iran. He stressed that any agreement must be favorable and fundamentally different from past accords. Progress is being made on opening the Strait of Hormuz and nuclear negotiations.

The Economic Times

Global Market Today: Asian stocks rise, oil and dollar slide on Middle East peace hopes

US stock futures rose as hopes for an Iran war deal boosted risk appetite, though oil prices and the dollar slipped. While President Trump indicated progress on a peace deal to reopen the Strait of Hormuz, uncertainty over its timeline tempered market enthusiasm. Analysts await confirmation of the waterway's reopening…

The Economic Times

Strait of Hormuz to reopen after Muslim Eid holiday ends? Check big updates on U.S.-Iran peace deal

Iran-U.S. proposed framework would unfold in three stages: formally ending the war, resolving the crisis in the Strait of Hormuz and launching a 30-day ‌window for negotiations on a broader agreement, which can be extended, as per Reuters report.

The Economic Times

Trump turnaround: Open the straits, close the war

A new understanding with Iran is emerging to reopen the Strait of Hormuz. This comes after weeks of military escalation. The United States seeks to prevent global economic disruption from energy shipment issues. An agreement is reportedly nearing finalization, though details remain unclear. Iran denies commitments to give up uranium…

The Times of India

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All we know about the latest draft US-Iran peace deal that could reopen the Strait of Hormuz

US secretary of state Marco Rubio said ‘significant progress’ made on draft peace deal with Iran on Sunday

The Independent UK

From Hormuz to nuclear talks - what to expect in the 60-day US-Iran ceasefire proposal

A potential 60-day ceasefire extension between the US and Iran is nearing, aiming to reopen the Strait of Hormuz and allow Iranian oil exports. This deal, brokered by Pakistan, includes lifting US port blockades and sanctions waivers, contingent on Iran negotiating its nuclear program and ending the Israel-Hezbollah conflict. Global…

The Times of India

As U.S.-Iran deal nears, Trump ally warns against creating perception Tehran controls Hormuz—'it makes one wonder why the war started to begin with'

"I personally am a skeptic of the idea that Iran cannot be denied the ability to terrorize the Strait and the region cannot protect itself against Iranian military capability."

Fortune

Pakistan Army Chief, Iran Foreign Minister Araghchi discuss West Asia conflict: Iranian media

Iran and Pakistan discussed West Asia security. Iran's Foreign Minister told the UN chief that US demands hinder peace talks. The US was reportedly preparing for military strikes against Iran. Iran stated its right to peaceful nuclear energy. US Secretary of State consulted NATO allies on Strait of Hormuz navigation.

The Economic Times

Crude oil prices could hit $200 per barrel if Strait of Hormuz remains closed: Report

A prolonged closure of the Strait of Hormuz could push crude oil prices to as high as $200 per barrel and trigger a global recession, according to a Wood Mackenzie report.

The Economic Times

Oil prices gain as investors doubt breakthrough in US-Iran peace talks

Oil prices saw a rise on Friday amid doubts about U.S.-Iran peace talks. Investors are concerned about Middle East instability and potential supply disruptions. Despite some narrowing of gaps, a deal remains elusive. Oil futures experienced an increase. The market is still set for a weekly decline. Full oil flows…

The Economic Times

India wants return of stranded ships before sending more to Gulf

India's priority is to bring back its ships stuck near the Strait of Hormuz. Only after these vessels are safe will India consider sending ships to load fuel. This move comes as the conflict has disrupted vital energy supplies. India relies heavily on the Strait for crude oil and cooking…

The Economic Times

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The Economic Times

India to prioritise releasing stranded vessels in Hormuz, may resume tanker loading when conditions improve, says official

India is ensuring the safe passage of its ships near the Strait of Hormuz. Tensions in the region are impacting global shipping. Authorities are coordinating for cargo loading operations. Indian tankers will resume operations only when the security situation is deemed safe for commercial movement. This focus ensures the well-being…

International Business Times

Iran Tightens Grip on Strait of Hormuz With Island Checkpoints and Transit Fees: Report

Ships moving through the Strait of Hormuz are now subject to a multi-tiered clearance process by Iran's Islamic Revolutionary Guard Corps, which can include affiliation checks, inspections, and diplomatic intervention, according to a new report.

France 24

Digital bottleneck: How Iran wants to use internet access as leverage in the war

Tehran is floating the idea of charging the world’s largest tech companies – including Google, Meta, Microsoft and Amazon – for using the undersea internet cables crossing the Strait of Hormuz in a new attempt to exploit its control over the critical waterway to ratchet up economic pressure on the…

The Economic Times

New UAE oil pipeline bypassing Hormuz 50% complete ahead of 2027 start

Iran, which has attacked vessels to assert control over the Strait, has expanded its definition of the waterway to include the UAE's Gulf of Oman coastline. The U.S. has imposed its own blockade on Iranian ports and attempted an aborted operation to reopen the chokepoint.

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Euronews

As Iran mulls tariffs on Hormuz internet cables, how might the fees threaten Europe?

The move could raise connectivity costs and create greater digital vulnerability for Europe, but some experts argue that the continent has enough backup bandwidth to survive without access to the cables in the Strait of Hormuz.

The Economic Times

NATO not drawing up plans for Hormuz mission, top commander says

NATO is not currently planning a mission in the Strait of Hormuz, with the alliance’s top commander saying any such operation would first require unanimous political approval from all 32 member states.

The Independent UK

Iran wants to charge big tech for using Strait of Hormuz undersea cables. What to know

IN FULL

International Business Times UK

What Is Iran's 'Hormuz Safe'? The Bitcoin Insurance System for Ships Emerging Amid Gulf Tensions

US President Trump cancels a planned strike on Iran after Gulf allies' appeal, while Iran plans a Bitcoin-backed maritime insurance service to bypass Western financial systems.

The Independent UK

Iran shrugs as Trump continuously flip-flops between threats and extending peace talk deadlines

ANALYSIS: Iran has figured out that Trump’s bluster and swirl of social media threats doesn’t matter much so long as they control the Strait of Hormuz, Andrew Feinberg writes

France 24

Iran announces new body to manage Strait of Hormuz as peace talks stall

Iran announced a new body to oversee the Strait of Hormuz on Monday, signalling tighter control over the strategic waterway after months of disruption linked to its war with the United States and Israel. Tehran says the authority will manage maritime traffic and provide updates as tolls and restrictions reshape…

The Economic Times

Why is Iran using Bitcoin (BTC) for the 'Hormuz Safe' shipping insurance system in the Strait of Hormuz amid US-Iran tensions?

Bitcoin (BTC USD) shipping insurance Iran explained: Iran is reportedly launching a bitcoin-backed maritime insurance service, "Hormuz Safe," for vessels transiting the Strait of Hormuz. This initiative, amid heightened US-Iran tensions and restricted shipping, aims to provide cryptographically verifiable policies settled in Bitcoin, potentially generating significant revenue.

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