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The Latest Breaking News from Strait

Crude Oil Prices Rally as Strait of Hormuz Remains Closed

May WTI crude oil (CLK26 ) today is up +0.91 (+0.88%), and May RBOB gasoline (RBK26 ) is up +0.0178 (+0.56%). Crude oil and gasoline prices are moving higher today, with crude oil posting a 3-week high after President Trump said he is willing to end the US military campaign...

Barchart

Markets cheer as Trump threatens to abandon the Strait of Hormuz, leaving the oil market in crisis

The White House is signaling that it’s ready to leave the strait in allies’ hands: “The USA won’t be there to help you anymore, just like you weren’t there for us.”

Fortune

Kevin O’Leary Is Rooting for a Possible ‘Game-Changer’ Move to End Iranian Control of the Strait of Hormuz: $70 Oil in Store

Kevin O'Leary's ideal solution to return to cheaper gas prices would be easier said than done.

Barchart

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read the most diverse news in one place.

As Iran war passes one-month mark, mission creep clouds Trump’s strategy

Mission creep has stymied U.S. presidents in the Middle East and beyond, and now the escalation of President Donald Trump’s military operation in Iran has left him with no clear off-ramp as congressional Democrats lambaste his command of the war. The commander in chief and his top war aides initially…

Roll Call

'Get your own oil': Trump mocks UK, other countries amid Iran chokehold on Hormuz; slams France for being 'unhelpful'

US President Donald Trump criticised its allies stating that the countries facing jet fuel shortages due to Iran's control of the Strait of Hormuz should source their own oil. Trump also accused France of being unhelpful regarding Iran as tensions are escalating in the Middle East, impacting global oil prices.

The Times of India

Trump tells UK ‘go get your own oil’ and warns that the US ‘won’t help you any more’ in latest tirade over Iran war

US president tells Keir Starmer to get some ‘courage’ and and ‘take’ fuel from the Strait of Hormuz

The Independent UK

Donald Trump tells UK to secure Strait of Hormuz and ‘go get your own oil’

Donald Trump said allies would have to fight for themselves as ‘the USA won’t be there to help you anymore, just like you weren’t there for us’.

The Independent UK

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Donald Trump tells Britain to secure Strait of Hormuz and ‘go get your own oil’ as energy prices set to soar

Donald Trump said allies would have to fight for themselves as ‘the USA won’t be there to help you anymore, just like you weren’t there for us’

Evening Standard

What is the ‘Gate of Tears’? Key shipping route that could be attacked by Houthis and disrupt global economy

The Bab al-Mandab strait has been a vital shipping route for Saudi Arabia since the closure of the Strait of Hormuz

The Independent UK

U.S. average gas price hits $4 a gallon

There's little hope that costs will ease as the Strait of Hormuz remains closed to most ships, straining supplies worldwide.

Axios

Trump Iran Threat 'No Deal, No Infrastructure' Warning Shakes Strait of Hormuz Talks

Trump warns Iran of targeting civilian energy and water systems if Strait of Hormuz deal fails, raising oil market and Middle East tensions

International Business Times UK

Oil above $115 as markets grapple with uncertainty over Trump’s next move

Oil prices climbed higher by early afternoon in Europe, following news about further escalation of the war in Iran.

Euronews

Marco Rubio discovering consequences in real time after Iran does what it promised: ‘That’s not going to be allowed’

The Strait has become the perfect leverage for Iran.

We Got This Covered

Marco Rubio Says Iran Won't Be Able To Control The Strait Of Hormuz: 'Will Never Be Allowed To Happen'

Secretary of State Marco Rubio said Iran won't be able to control the Strait of Hormuz, a key waterway through which about 20% of the global energy goes through, after officers in Tehran said they intend to.

Latin Times

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The Independent UK

Iran will allow 20 ships through Strait of Hormuz in ‘meaningful step toward peace’

IN FULL

The Independent UK

Thailand strikes deal with Iran for safe oil passage through Strait of Hormuz, PM says

Development would alleviate concerns over fuel imports, Thai PM says

The Times of India

'Unusual': Two Chinese vessels abort bid to pass Strait of Hormuz despite Iran's assurances of safe passage

Two large Chinese-linked container ships made an abrupt U-turn near the Strait of Hormuz on Friday as Iran tightens its grip on one of the key passages for global shipping. Ship-tracking data showed the CSCL Indian Ocean and CSCL Arctic Ocean, both linked to China’s state-owned COSCO Shipping, attempted to…

The Independent UK

Iran starts to formalize its chokehold on the Strait of Hormuz with a 'toll booth' regime

Iran is cementing its hold over the Strait of Hormuz, demanding vessels give up detailed information and detour into Iranian waters before being vetted by Iran’s Islamic Revolutionary Guards Corps

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Barchart

The Strait of Hormuz Crisis Provided a Temporary Distraction from a Collapse Brewing in AI Stocks. What Comes Next Could Get Ugly.

April is likely to be the month of a great AI reality check.

International Business Times UK

Inside the Viral 'Lord of the Straits' Video: Iran's Message and the Online Reaction

A viral Iranian animation highlights the Strait of Hormuz crisis, showing geopolitical risks and the potential global oil supply shock.

Barchart

3 Top Strait of Hormuz Stocks, and How the FCC is Boosting SpaceX

Our senior market strategist unpacks the investing opportunities behind this week’s big headlines, including the SpaceX IPO and the Strait of Hormuz slowdown.

The Times of India

‘Man who ran Strait of Hormuz’: Iran navy commander Alireza Tangsiri killed in Israeli strike

Rear Admiral Alireza Tangsiri head of Iran’s Islamic Revolutionary Guard Corps (IRGC) Navy, has been killed in an Israeli strike in the southern port city of Bandar Abbas, according to Israeli media reports citing an unnamed official.

International Business Times

10 Countries Suffering Biggest Economic Losses From US-Iran War

The ongoing US-Iran war, now in its fourth week, has triggered the largest global energy supply disruption in decades through attacks on infrastructure and threats to shipping in the Strait of Hormuz

The Independent UK

Iran threatens to seize control of another key strait in Red Sea if Trump launches ground invasion

The Houthi rebels in Yemen have so far not entered the war despite ties to Iran’s Revolutionary Guard

Barchart

Commodity ETF Traders Have Been Dealt a 'Strait Flush.' Here's Why.

For commodity ETF investors, the effective closure of the Strait of Hormuz came at just the right time. Here's what investors should know.

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