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The Latest Breaking News from Strait

Trump Floats Permanent Hormuz Control as 'Guardian Angel' and Get 'Reimbursed' by Wealthy Allies: 'Can't be Expected to do it For Nothing'

President Donald Trump has declared that the U.S. is considering taking control of the Strait of Hormuz permanently and expects compensation for the task.

Benzinga

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

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.

Evening Standard

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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.

International Business Times UK

US Strikes Iran After Strait of Hormuz Ship Attacks as Brent Nears $76 and Tanker Traffic Slows

US strikes Iran amid Strait of Hormuz tensions, impacting Brent crude prices, UK petrol costs, and energy bills. Stay informed on global oil shifts affecting British households.

International Business Times UK

US-Iran war: Oil flow through Hormuz rises after ceasefire, but fresh strikes spark fears, IEA says

Iran war news: Oil flows through the Strait of Hormuz recovered sharply after a ceasefire. Renewed hostilities this week have revived uncertainty over global oil markets. Benchmark crude prices fell through June as tanker traffic resumed. Global oil supply rebounded in June, supporting Gulf production recovery. The outlook depends on…

The Economic Times

Middle East Tensions Flare Up As IRGC Shuts Strait Of Hormuz: US, Iran Trade Strikes And Peace Hopes Recede

The US forces launched another wave of attacks on Iran near the contentious Strait of Hormuz on Saturday. The US strikes followed a missile attack on a commercial cargo ship by the Islamic Revolutionary Guard Corps (IRGC), the elite military unit of Iran.

International Business Times

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Middle East ceasefire dead as US bombs Iran again, Hormuz shuts and missiles fly over Gulf countries — top developments

The United States carried out a third round of strikes on Iran after accusing Tehran of attacking a commercial container ship in the Strait of Hormuz. In response, Iran announced that it had once again closed the strategic waterway, stepped up attacks on US military facilities across the Gulf and…

The Times of India

How To End The Tussle Over Hormuz Strait: Is Britain, Oman Floating A Not So Straight Proposal

The new line of thought is that if payment is voluntary, it could pacify the US advocacy of a free shipping transit system globally and result in a closure for the dispute over control of the Strait of Hormuz. A fifth of the global oil and energy supplies passed through…

International Business Times

How a vague clause in Trump’s peace deal led to anarchy in the Strait of Hormuz

IN FOCUS: The global economy is facing uncertainty after the resumption of hostilities between the US and Iran. Experts tell Maira Butt that negotiators must go back to the drawing board on the Strait if disruption is to be avoided

The Independent UK

Could oil prices spike further? Inside the fragile US-Iran stance in the Gulf

Geopolitical tensions in the Middle East have escalated after attacks on commercial vessels. Iran's objective appears to be expanding its strategic influence over the Strait of Hormuz. Gulf nations are remaining cautious to avoid direct involvement in the confrontation. Crude oil prices are expected to remain elevated due to ongoing…

The Economic Times

From Missiles to Oil: Why Trump's Latest Iran Move Could Still Send Energy Prices Soaring

US President Trump's announcement ending the Iran agreement raises fears of Middle East conflict affecting global oil markets, with tanker traffic slowing in the Strait of Hormuz amid rising tensions

International Business Times UK

Global Oil Demand To Drop For The First Time In More Than Five Years, IEA Says

Global oil demand is set to drop for the first time since 2020, according to the International Energy Agency as the war in Iran saw traffic through the Strait of Hormuz plummet.

International Business Times

Major fall in Strait of Hormuz traffic as Iran conflict escalates again

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The Independent UK

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The Independent UK

Ships stop crossing Strait of Hormuz after US and Iran trade strikes

Tehran said transit through the vital shipping route has been blocked due to US military action

The Economic Times

Fresh US-Iran clash clouds IEA oil outlook despite June supply lift from Hormuz reopening

Global oil supply rebounded in June after a ceasefire allowed Strait of Hormuz transit. However, renewed hostilities between the United States and Iran threaten future oil surplus forecasts. The International Energy Agency sees potential disruption to its 2027 surplus projection. Refined product markets remain tight due to refinery issues and…

The Economic Times

LNG tankers return to Strait of Hormuz despite renewed Middle East tensions

Liquefied natural gas tankers have resumed transiting the Strait of Hormuz recently. Twenty-two Japan-linked vessels exited the Gulf since Tuesday, Tokyo confirmed. This occurred despite renewed fighting and attacks on commercial shipping. Several ballast LNG tankers entered the strait in recent days. Japan-linked vessels in the Gulf have significantly decreased…

The Independent UK

Trump strikes Iran railway bridges on route to Khamenei’s funeral as ceasefire unravels

US president tries to force Iran’s hand with attacks but Tehran says it has final say on the Strait of Hormuz

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The Independent UK

Inside Trump’s tense 24 hours in the White House that ended the Iran ceasefire

The repeated threat of strikes appears not to have deterred Iran from asserting itself in the Strait of Hormuz

The Economic Times

India's crude imports remain resilient despite Strait of Hormuz tensions

India's crude oil imports are insulated from Hormuz Strait tensions currently. Refiners have successfully diversified their import portfolio over recent years. Russia now supplies over half of India's total crude oil imports. However, LPG and LNG supplies remain vulnerable to Gulf disruptions. Prolonged instability could increase shipping costs and regional…

Benzinga

Iran's Parliament Speaker Says Strait of Hormuz Will Open Only Under Tehran's Terms, Slams US 'Bullying'

Iran’s Parliament Speaker Mohammad Bagher Ghalibaf doubled down on claims about Tehran controlling the Strait of Hormuz following missile strikes exchanged between the U.S. and Iran.

International Business Times

Prediction Markets Keep Betting The Strait of Hormuz Will Reopen But What If This Is the New Normal?

Prediction markets have repeatedly pushed back expectations for normal Strait of Hormuz traffic, raising questions over whether traders are underestimating a permanent shift in Gulf shipping.

The Economic Times

How Iran's 'golden weapon' of Hormuz became a bigger priority than its long-disputed nuclear programme

Iran views control of the Strait of Hormuz as a vital strategic asset. This waterway is now a higher priority than its nuclear program. Recent actions have led to exchanges of fire with the United States. An interim peace deal's wording on the strait remains a point of contention. Iran…

Benzinga

Exxon Mobil, Battalion Oil, Occidental Petroleum Are Trending After Hours as Hormuz Strait Disruption Reignites: XOM, BATL, OXY Spike

Renewed tension in the Middle East sends the oil stocks trending.

The Independent UK

US strikes ‘over 80’ Iranian targets after tankers hit in Strait of Hormuz

Following the strikes, Iran’s top negotiator Mohammad Bagher Ghalibaf accused the US of committing ‘major’ violations of the initial ceasefire deal.

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