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The Latest Breaking News from Strait

Ken Griffin Warns Global Recession 'Inevitable' If Strait Of Hormuz Stays Shut: Flags 'Mistake' In Iran Strategy

Citadel Advisors founder Kenneth Griffin believes the world will face a recession if the Strait of Hormuz remains shut for the remainder of this year.

International Business Times UK

Donald Trump Stuns Diplomats by Claiming Xi Jinping Will Give Him a 'Big, Fat Hug' Over Iran Deal

Donald Trump's prediction that Xi Jinping will give him a 'big, fat, hug' over his Iran and Strait of Hormuz strategy collides with Beijing's silence and its public focus on shoring up ties with Moscow.

International Business Times UK

'Xi will give me big, fat hug': Trump says he opened Hormuz for China ... 'and the world'

President Trump claims China is pleased with his decision to permanently open the Strait of Hormuz, stating he's acting for their benefit and the world's. He asserts China has agreed to cease weapon shipments to Iran and anticipates a warm reception from President Xi during an upcoming visit, highlighting smart…

The Times of India

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Energy prices set to rise as last Gulf Tankers reach Europe, analysts say

Energy analysts have warned of surging energy prices beyond already elevated levels, as the last vessels carrying oil and natural gas from the Strait of Hormuz before the conflict have reached Europe. Supply forecasts for oil and gas remain optimistic as US deliveries are expected.

Euronews

US naval blockade of Strait of Hormuz: what it involves and the risks attached

A US-sanctioned tanker with links to China, the Rich Starry, has transited the Strait of Hormuz, despite the US blockade of the waterway. According to the respected maritime news and intelligence agency Lloydslist, the Rich Starry is falsely registered in Malawi, but is Chinese owned and carrying a Chinese crew.…

The Conversation

Trump’s blockade appears to be turning back tankers in the Strait of Hormuz – but Iran has a trick up its sleeve

Analysts say that Iran has already moved vast quantities of its oil offshore and a full blockade would be complex to implement

The Independent UK

Starmer and Macron to lead bid to reopen blockaded Strait of Hormuz

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The Independent UK

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Watch Strait of Hormuz marine traffic before Iran war, after ceasefire and as blockade begins

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The Independent UK

Trump says US military blockaded Iranian ports to ramp up pressure on Tehran

The US blockade comes in an attempt to economically pressure Iran to reopen the Strait of Hormuz to maritime traffic after its six-week closure caused global oil prices to surge. Roughly 40 vessels have passed through since the start of the ceasefire, down from 100 or more per day before…

Euronews

Uno Reverse: Trump blockades the Strait of Hormuz to force it open

President Donald Trump, who has been struggling to negotiate a deal with Iran to open the Strait of Hormuz, has decided to blockade the strait to force it open. The announcement on social media came as a surprise, as Trump’s strategy appears to be contradictory and nonsensical.

The Mary Sue

China Tells the US to Stay Out as Beijing Vows to Keep Sending Ships Through the Strait of Hormuz

Chinese Defence Minister Dong Jun warns the US as Beijing continues its trade with Iran, defying the US blockade in the Strait of Hormuz.

International Business Times UK

Why US Stocks Fell Today: Dow Drops 247 Points As Oil Surges After Trump's Iran Blockade

President Trump's decision to blockade the Strait of Hormuz impacts US stock futures and oil prices. Dow Jones Industrial Average dropped 247 points and Brent crude surged past $100 a barrel.

International Business Times UK

Donald Trump Claims 150 Iranian Ships are 'Underwater' as World Braces for 10 AM Strait of Hormuz Blockade

Donald Trump has announced a total US blockade of the Strait of Hormuz starting at 10 AM EDT today. The President claimed 150 Iranian Navy ships are already 'underwater' despite a lack of independent verification.

International Business Times UK

‘Closure deeply damaging’: Keir Starmer announces UK-France summit on restoring navigation in Strait of Hormuz

British PM Keir Starmer on Monday said the ongoing closure of the Strait of Hormuz is “deeply damaging” to global shipping and is worsening cost-of-living pressures worldwide, as Britain and France prepare to co-host a high-level summit this week.

The Times of India

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The Independent UK

Strait of Hormuz crisis deepens as European oil prices hit record high

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The Independent UK

Trump says he ‘doesn’t care’ if Iran returns to peace talks after Islamabad negotiations collapse

Negotiations are at an impasse as both sides disagree on Strait of Hormuz and Tehran’s nuclear programme

Euronews

Oil jumps above $100 after failed peace talks, forint surges after the Hungarian election results

Oil prices surged and stock markets dipped after reports that the US may move to block the Strait of Hormuz. Meanwhile in Europe, the Hungarian forint rose following the election results.

The Independent UK

Iran-US war latest: US begins blockade in Strait of Hormuz as Tehran warns Trump of ‘widespread consequences’

Vessels will be subject to ‘interception, diversion and capture’ the US military warned

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The Times of India

'Enemy will become trapped in a deadly vortex': Iran claims 'full control' of Strait of Hormuz

Iran's Revolutionary Guard Corps has asserted full control over the Strait of Hormuz, warning of severe consequences for any military vessels approaching. While civilian traffic is permitted under unspecified regulations, the move follows a US naval blockade order, escalating regional tensions. A recent ceasefire's durability is uncertain after stalled talks.

The Independent UK

Trump says US will blockade the Strait of Hormuz after peace talks with Iran fail

Talks collapse without progress as Tehran stands firm on nuclear ambitions

Fortune

Here’s how a U.S. naval blockade of the Strait of Hormuz could work. ‘This is a big task, and it’s a big gamble’

“It puts economic pressure on Tehran without destroying the oil facilities, which you should want to preserve into the future.”

The Times of India

China mapping ocean around India to avert its own Hormuz moment in Strait of Malacca?

At the heart of this push lies a strategic concern long associated with Beijing: securing critical sea lanes, particularly through the Strait of Malacca, and reducing vulnerabilities in the event of a conflict that could threaten its energy and trade lifelines. This vulnerability has a direct bearing on India’s strategic…

International Business Times UK

Your Gas Tank vs. Their Nuclear Bomb: How the Failed US-Iran Deal Just Triggered a Global Economic Meltdown

The U.S.–Iran nuclear talks in Pakistan have collapsed after 21 hours, leaving the Strait of Hormuz and a fragile Middle East ceasefire hanging in the balance.

Fortune

The petrodollar faces increased risk, but a petroyuan is ‘far-fetched’ as fears of U.S. losing superpower status are overhyped, strategist says

“Lastly, even Iran’s proposals for yuan- or crypto-denominated strait tolls are not meaningfully dollar-bearish; most stablecoins are effectively dollar-denominated instruments.”

Euronews

Is Iran unable to locate its mines in the Strait of Hormuz?

The New York Times reports, citing officials, that Iran may not have accurate records of the locations of all the mines it has laid. Reports suggest that the planting was carried out in a random and disorganised.

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