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The Latest Breaking News from Strait

Possible Fertilizer Shortage Sparks Short Covering in Cocoa Futures

May ICE NY cocoa (CCK26 ) today is up +29 (+0.91%), and May ICE London cocoa #7 (CAK26 ) is up +17 (+0.72%). Cocoa prices are moving higher today on light short-covering, spurred by concerns that the closure of the Strait of Hormuz will lead to a fertilizer shortage in...

Barchart

Weaponising Strait of Hormuz is 'economic terrorism': UAE minister warns of global fallout

Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC) said on Monday that weaponising the Strait of Hormuz is an act of 'economic terrorism' while highlighting the global consequences that affect far…

The Times of India

"We're in a tough spot": Mattis delivers harsh Iran assessment

If Trump declares victory and pulls back the U.S. military, Iran "would now say we own the Strait," Mattis said.

Axios

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How GPS spoofing is creating chaos in the Middle East as Iran tightens grip on Strait of Hormuz

IN FOCUS: Jamming and spoofing are becoming increasingly common on the modern battlefield. They can also have devastating effects on civilian transport, writes James C. Reynolds

The Independent UK

The Strait of Hormuz Standoff: Why a 5-Day Delay Won't End the 'De Facto Blockade'

President Trump has postponed his ultimatum to strike Iranian power plants for five days, but the Strait of Hormuz remains a 'de facto' minefield. Discover why the US Navy's traditional power is struggling against Iran's asymmetric siege and the bizarre 'China Owner' tags tankers are using to survive.

International Business Times UK

Kevin O'Leary Predicts the Strait of Hormuz Crisis Will be Resolved in The Next 30 Days

Kevin O'Leary discusses the potential resolution for the Strait of Hormuz blockade and its impact on global oil prices and the US economy.

International Business Times UK

Trump’s brutal ‘cowards’ claim rocks NATO as one major player finally crumbles under US pressure

The British government has partially reversed its stance, now allowing the United States military to use UK bases for airstrikes aimed at clearing the Strait of Hormuz of Iranian obstacles. This policy shift was announced by Prime Minister Keir Starmer’s office just hours after President Donald Trump publicly called European…

The Mary Sue

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FTSE 100 plunges 11% since Iran war started as stock markets continue to tumble

The FTSE 100 Index fell more than 2% in the two hours after the opening bell on Monday

The Independent UK

Markets tumble and oil prices rise as global focus remains on Strait of Hormuz

The FTSE 100 Index fell back further from the 10,000 market, dropping 1.6% soon after opening on Monday.

Evening Standard

Iran threatens to hit Middle East power plants as Hormuz crisis grows

Early Monday, Iranian state-run television broadcast a statement from the Revolutionary Guards (IRGC) that warned, "Do not doubt that we will do this."

Euronews

US-Iran war latest: Tehran calls US peace talk claims ‘fake news’ as Trump sets new deadline to end war

Donald Trump says the US and Iran have held talks about a ‘total resolution of hostilities’

The Independent UK

Oil prices volatile after Trump's Strait of Hormuz threat

It suggests traders don't see a near-term end to the war or risks to oil transit in a key strait that's throttling supplies.

Axios

As Trump eyes climactic battle for Hormuz, he could give Iran a 'taste of their own medicine' with a naval blockade that implodes the economy

"That might open up the Strait of Hormuz a lot faster than anything else."

Fortune

Iran to completely close Strait of Hormuz if Trump executes threats

IN FULL

The Independent UK

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The Times of India

After Trump’s 48-hour ultimatum, Iran says ships can pass Hormuz Strait — except ‘enemy’ vessels

Iran on Sunday said the Strait of Hormuz remains open to all shipping except that of its “enemies” - a reference to the United States and Israel—amid a 48-hour "ultimatum" from US President Donald Trump to "fully open" the crucial waterway, which carries about 20% of the global crude oil…

The Times of India

Strait of Hormuz on edge as Saudi Arabia opens King Fahd Air Base to US forces amid Iran tensions

Saudi Arabia has granted the US access to King Fahd Air Base amid escalating tensions with Iran. This strategic move aims to bolster regional security and safeguard vital shipping lanes, particularly the Strait of Hormuz, which faces critical threats. Western allies are framing this as a defensive measure to deter…

The Guardian - AU

Trump tells Iran it has 48 hours to open Hormuz or US will ‘obliterate’ its power plants

US president threatens to take out Iranian energy facilities – ‘starting with the biggest one first’ – if Tehran does not reopen the strait

The Times of India

Over 20 nations issue joint statement condemning Iran's de facto closure of Hormuz Strait

Over 20 nations have pledged support for safe passage through the Strait of Hormuz, condemning Iran's actions that have effectively closed the vital waterway. Citing attacks on commercial vessels and energy infrastructure, these countries emphasized freedom of navigation as a core international law principle.

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Radio France Internationale

US strikes Iran bases threatening blocked Hormuz oil route

The US military declared on Saturday it had damaged an Iranian bunker housing weapons threatening oil and gas shipments in the Strait of Hormuz, as thousands of Iranians marked Eid al-Fitr with prayer.

The Times of India

How Donald Trump and team 'miscalculated' Iran response and now feel the pressure: Explained in 10 points

Operation Epic Fury, a swift US-Israeli strike targeting Iran's leadership, has unexpectedly morphed into a 22-day attritional war. Despite initial successes, Iran's resilience and regional escalation have caught Washington off guard, turning a planned quick victory into a protracted quagmire with no clear endgame and significant global economic implications.

Axios

4 pivotal questions that could define the Iran war's next phase

A major question surrounding the war right now is what happens to the Strait of Hormuz.

Evening Standard

UK lets US use British bases to strike Iranian sites targeting Strait of Hormuz

Up until this point, the Government has allowed the US to use British bases only to hit missile sites targeting British interests in the region.

Barchart

Are Fertilizers a Compelling Opportunity?

The 2026 crop year in the Northern Hemisphere gets underway in March and April, with farmers relying on fertilizer supplies. The war in Iran threatens oil, gas, and fertilizer shipments, which have been pushing agricultural commodity prices higher.

The Independent UK

Trump ‘considers risky ground offensive to free Strait of Hormuz’ after branding Nato ‘cowards’

Oil and gas prices have spiked due to Iran’s blockade of the Strait of Hormuz - and the US president has attacked Nato for not helping end it

The Independent UK

Shipping firm ‘paid Iran $2 million’ to let boats through Strait of Hormuz

Some countries are understood to be in direct negotiations with Iran to secure safe transit of their tankers

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