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The Latest Breaking News from Strait

Trump's limited gas-price options on Iran

Nothing will approach normal until large-scale tanker traffic through the Strait of Hormuz resumes.

Axios

Iranian oil squeeze tests Trump's war plans

"The Iranians f*cking around with the Strait makes him more dug in," a senior Trump official told Axios.

Axios

Iran Allows Indian-Flagged Ships Safe Passage Through Strait of Hormuz

Iran has allowed Indian-flagged vessels to safely transit the strategically crucial Strait of Hormuz, even as maritime activity through the waterway has slowed significantly following recent United States and Israeli strikes on Iran. The development was reported by The Economic Times and comes amid rising concerns over the safety of…

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Calls grow for Strait of Hormuz ship escorts as Iran escalates attacks

There are about 20,000 seafarers currently working on ships in the Persian Gulf, expert notes.

Axios

US intelligence sees direct attacks by Iran on oil tankers as greater risk than mines

Strait of Hormuz, key transit passage for global oil trade, has been effectively shut down by Islamic Revolutionary Guard

The Guardian - US

The shadow fleet and illegal oil are still moving through the Strait of Hormuz

This morning, three vessels were struck attempting to transit the Strait of Hormuz. The Strait is effectively closed. Since the beginning of the conflict involving the United States, Israel and Iran on Feb. 28, 2026, oil tanker traffic through the world’s most critical oil shipping choke point has collapsed, dropping…

Fortune

What is the Strait of Hormuz and why is it so important?

The world's busiest oil shipping channel has around a fifth of the world’s oil passing through it each year

Evening Standard

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The fog of war is coming from inside the White House—and it cost oil markets $84 million in ten minutes

Meanwhile, the market shrugs at news of a record emergency release of oil.

Fortune

Energy Secretary falsely claimed Navy escorted tanker through Strait of Hormuz – markets lost $84 million while he tried to backtrack

Gave the market false hope.

We Got This Covered

Three cargo ships hit in Strait of Hormuz after US destroys 16 minelayers

The Strait of Hormuz has been all but closed by Iran after the US and Israel launched an attack at the end of February

The Independent UK

U.S. destroys 16 Iranian vessels amid worries of mines in Strait of Hormuz

A senior U.S. official told Axios the strike on the inactive ships was a preemptive measure

Axios

'Don't get eliminated yourself': Iran warns Donald Trump, slaps down 'empty' threats

Iran's security official warned President Trump to be careful after the US leader threatened harsher retaliation for any Strait of Hormuz disruption. Tehran continues regional attacks, with missile and drone strikes hitting Dubai, Bahrain, Saudi Arabia, and Kuwait. Iran's parliament speaker indicated no ceasefire is sought, emphasizing retaliation against aggressors.…

The Times of India

US launches 'most intense day of strikes' on Iran yet as Tehran attacks countries across Gulf

Secretary of War Pete Hegseth said the US ‘will not relent until the enemy is totally and decisively defeated’

Evening Standard

Why the Strait of Hormuz is so difficult to defend

The narrow waterway concentrates traffic into predictable corridors for Iran to target adversaries.

Axios

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International Business Times

Key Factor of Iran War is Plunging World Economy Into Unprecedented Energy Crisis, Analyst Says

Experts are warning that the world is headed for an unprecedented energy crisis due to the Iran war and threats to shipping in the Strait of Hormuz.

The Independent UK

Iran war ‘could bring down global economy’ after warning oil could reach $150 a barrel

The bombing of Iranian oil depots, retaliatory strikes across the Gulf and disruption in the Strait of Hormuz is hiking prices, prompting warnings oil could reach $150 a barrel and a gas shortfall in Britain

International Business Times UK

'If They Rise, They Rise' — Trump Shrugs Off Surging Pump Prices as Qatar's Energy Minister Warns Oil Could Hit $150 a Barrel

As the US-Iran conflict intensifies, oil prices are skyrocketing, with potential global economic impacts. Discover how the Strait of Hormuz tensions are affecting energy markets.

The Independent UK

US offers India 30-day waiver to buy Russian oil amid Strait of Hormuz disruption

Indian refiners, whose supplies were stuck in the Gulf, have started buying Russian oil

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The Times of India

Pakistan left with 26 days of fuel, may impose work-from-home as Strait of Hormuz crisis deepens

Pakistan is implementing major measures to ensure fuel stability amid trade slowdown due to the Strait of Hormuz closure. Proposals include weekly price revisions, compensation for increased oil company costs, and fuel conservation. The country is exploring alternative import routes and has substantial existing fuel stocks.

The Independent UK

The country that will benefit the most from Trump’s war on Iran? Russia

ANALYSIS : As India and China scramble to replace blocked Gulf oil, analysts tell Stuti Mishra the ultimate beneficiaries of this war are clear

The Independent UK

Why is the US threatening to blockade the Strait of Hormuz – and how could it work?

Millions of barrels of oil and gas are being held up after Iran took control of the strategic shipping route

Euronews

What are Europe's oil route alternatives to the Strait of Hormuz?

Many European countries like Italy, Greece, Spain, Poland and Belgium rely on the Strait of Hormuz for imports or refining. Experts say the closure of this corridor will not cut off Europe’s oil supply, but will continue to drive up oil prices and disrupt markets.

International Business Times UK

Strait of Hormuz Closure is a Guaranteed Global Recession, Inflation Risks Surge on Rising Oil Prices

The closure of the Strait of Hormuz could impact global energy supply chains and drive up oil prices, which analysts believe could lead to a worldwide recession.

International Business Times UK

Could Iran Close Hormuz? Experts Say It Is Not That Simple

Explore the geopolitical significance of the Strait of Hormuz and the complexities surrounding potential disruptions.

International Business Times

Oil Prices Surge as Attacks on Ships Near Strait of Hormuz Heighten Fears of Supply Disruptions

Global oil prices jumped sharply Monday as attacks on multiple commercial vessels near the Strait of Hormuz, amid escalating conflict between Iran, the United States and Israel, raised alarms over potential interruptions to roughly one-fifth of the world's seaborne crude supplies.

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