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The Latest Breaking News from Strait

US-Iran talks: Rubio says progress made on Strait, nuclear deal

US Secretary of State Marco Rubio detailed negotiations with Iran on two key objectives. These talks focus on reopening the Strait of Hormuz for safe maritime navigation. The ultimate goal remains the complete denuclearization of Iran, which is a long-term objective. Mediated by Oman, progress has been made in these…

The Economic Times

US hopeful of Hormuz deal within days as diplomacy with Iran gathers pace

The United States expresses hope for a deal with Iran to reopen the Strait of Hormuz soon. Treasury Secretary Scott Bessent indicated talks could yield an agreement today or tomorrow. This comes as a cargo vessel was struck in the vital waterway, highlighting security concerns. President Donald Trump warned Iran…

The Economic Times

The Gulf’s AI boom is driving the race to control the data highways

The Gulf’s AI ambitions are spurring governments and telecom giants to invest in building out the cables, fiber networks and data centers that will determine who controls the region’s increasingly valuable flows of data.

Fortune

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Iran warns of strikes on US warships if Hormuz route is violated

Iran's high-ranking military advisor, Mohsen Rezaee, has dismissed US President Trump's statements about the potential reopening of the Strait of Hormuz. He emphasized that Iran would take action against any unauthorized vessels in the area. While Trump suggested ongoing discussions for this reopening and for Iran's denuclearization, Iran has unequivocally…

The Economic Times

Trump warns Iran facing 'last chance before decapitation,' says negotiations are ongoing

Speaking to reporters at the White House, Trump said he agreed to continue to pursue talks with Iran at the request of Saudi Arabia, the United Arab Emirates, Qatar and other countries.

Euronews

Crude Oil Prices Sink as Talks Signal Progress on Reopening Strait of Hormuz

September WTI crude oil (CLU26 ) closed down -4.33 (-5.11%) on Monday, and September RBOB gasoline (RBU26 ) closed down -0.1475 (-4.74%). Crude oil and gasoline prices settled sharply lower on Monday, with gasoline falling to a 3-week low. Easing tensions in the Middle East weighed on crude prices on...

Barchart

Britain's 2027 Money Warning: How a Closed Strait of Hormuz Could Hit Your Wallet

Ernst & Young warns that the UK could face a recession if the Strait of Hormuz remains closed, impacting inflation and economic growth. The closure affects global energy markets and UK households.

International Business Times UK

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Oil tumbles as Trump cancels attack on Iran to reach nuclear deal

Oil prices dropped significantly on Monday after President Trump paused new Iran attacks. He seeks a swift agreement to halt Tehran's nuclear program and reopen the Strait of Hormuz. This move follows a month of over twenty percent price jumps due to renewed conflict. OPEC+ approved an oil production increase,…

The Economic Times

Trump says will hold off on fresh Iran attack in hope of quick deal

CAIRO - US President Donald ‌Trump said late on Saturday he would hold off on a fresh attack on Iran as long as a deal could be reached quickly to halt Iran's nuclear ambitions and reopen the Strait of Hormuz.

Bangkok Post

Two reported attacks on tankers near Strait of Hormuz

The Strait of Hormuz, which connects the Persian Gulf with the Gulf of Oman and the Arabian Sea, is one of the world's most crucial oil and gas transit chokepoints, carrying roughly a quarter of the global seaborne oil trade.

Euronews

'No plans to negotiate with US': Iran dismisses Trump's claims, says Washington 'pleaded for end of conflict'

In a firm stance, Iran's Deputy Foreign Minister has made it clear that there are no intentions to negotiate with the United States. Instead, the focus remains on fruitful discussions with Oman. He warned that any European naval ships entering the Strait of Hormuz would be treated as legitimate targets.…

The Economic Times

Ships transiting via Bab el-Mandeb strait at highest in a week, data shows

Thirty-seven commodity ships passed through the Bab el-Mandeb strait on Tuesday, a notable increase. Only a few vessels transited the Strait of Hormuz, indicating a shift in shipping routes. Yemen's Houthis claimed missile attacks on a Saudi oil tanker in the Red Sea. China has engaged in direct talks with…

The Economic Times

US and Iran hold fire for third night as talks given 'space'

There had been 13 consecutive nights of US strikes on Iran, which the US military said aimed to "degrade Iran's ability to threaten commercial shipping in the Strait of Hormuz."

Euronews

Red Sea shipping slows after Houthi attack on Saudi Arabia, data shows

Ship traffic through Bab el-Mandeb decreased Sunday after Houthi attacks on Saudi oil sites. Fewer than ten commodity vessels passed through the Strait of Hormuz over the weekend. Seven vessels transited Hormuz on Sunday, including three Iranian-linked tankers.

The Economic Times

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The Economic Times

Red Sea shipping slumps after Houthi strikes on Saudi Arabia energy infrastructure

Ship traffic through Bab el-Mandeb declined significantly on Sunday. This occurred after Yemeni Houthis attacked Saudi oil installations along the Red Sea coast. Meanwhile, transit through the Strait of Hormuz stayed low over the weekend. Seven commodity vessels passed through Bab el-Mandeb, the lowest level in months. Red Sea traffic…

Bangkok Post

Asia's energy test may hinge on regional cooperation

The past four months have demonstrated just how volatile oil markets can be. In March, Brent crude climbed above US$100 (3,363 baht) a barrel for the first time in four years, reaching $119 on March 9 -- its highest level since the 2022 energy crisis -- as Iran's closure of…

Fortune

Money talks: As the Iran war continues, Hormuz tolls gain traction

With missiles replacing merchant ships in the Strait of Hormuz, activity in the world's most critical energy corridor is grinding to a halt—and a controversial proposal to charge for safe passage is gaining traction.

Fortune

Shipping transits slow to a trickle as Strait of Hormuz faces “worst-case scenario”

From shipping lane to battleground: Hormuz crisis forces industry rethink.

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The Independent UK

Iran-US war latest: Trump says Tehran will pay ‘many times over’ for US soldier deaths as Iran targets Kuwait

Oil prices climb above $90 a barrel after Iranian military targets two tankers in Strait of Hormuz

International Business Times

US-Iran Strikes Now Target Power, Water Facilities. Peace Hopes Recede

The US and Iran continued the relentless attacks and counterattacks on infrastructure and military targets on Saturday, as their battle over the Strait of Hormuz intensified, plunging the ceasefire to abysmal depths. A return to negotiations is not being talked about.

The Independent UK

US and Iran exchange strikes as they struggle over Strait of Hormuz

The United States and Iran have exchanged strikes aimed at infrastructure and military targets as their battle over the Strait of Hormuz intensifies

The Times of India

While commercial ships and oil tankers struggled to get by, this Soviet-born billionaire’s $300 million superyacht left Dubai and cruised through the Strait of Hormuz on a 2,000-mile journey to the Maldives

Motor Yacht A, under the ownership of billionaire Andrey Melnichenko, recently traversed the Strait of Hormuz amidst increased military tensions that have prompted commercial vessels to postpone their voyages. Following the imposition of Western sanctions after Russia's invasion of Ukraine, Melnichenko relocated his assets to the Gulf, particularly after his…

Evening Standard

Iran targeted by more US strikes while White House says sides are talking

Donald Trump will not let ships be fired on in the Strait of Hormuz without Tehran ‘paying a consequence’, says administration

The Economic Times

Iran tells Houthis to close Red Sea gateway if US hits power network, sources say

In a significant escalation, Iran has directed Houthi militias to get ready to obstruct the Red Sea oil passage should the United States carry out strikes on Iranian power facilities. Sources indicate that the Houthis are already positioning missiles and drones in proximity to Bab el-Mandeb strait. This potential blockade…

Euronews

US resumes daylight strikes on Iran as tensions escalate over Strait of Hormuz

US Central Command said it has resumed daylight strikes on Iran, targeting coastal defences and missile sites. Tehran has reported casualties as tensions rise over a renewed blockade threat, calls for retaliation and the ongoing dispute over the Strait of Hormuz.

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