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The Latest Breaking News from Strait

Pakistan Army Chief, Iran Foreign Minister Araghchi discuss West Asia conflict: Iranian media

Iran and Pakistan discussed West Asia security. Iran's Foreign Minister told the UN chief that US demands hinder peace talks. The US was reportedly preparing for military strikes against Iran. Iran stated its right to peaceful nuclear energy. US Secretary of State consulted NATO allies on Strait of Hormuz navigation.

The Economic Times

Crude oil prices could hit $200 per barrel if Strait of Hormuz remains closed: Report

A prolonged closure of the Strait of Hormuz could push crude oil prices to as high as $200 per barrel and trigger a global recession, according to a Wood Mackenzie report.

The Economic Times

Oil prices gain as investors doubt breakthrough in US-Iran peace talks

Oil prices saw a rise on Friday amid doubts about U.S.-Iran peace talks. Investors are concerned about Middle East instability and potential supply disruptions. Despite some narrowing of gaps, a deal remains elusive. Oil futures experienced an increase. The market is still set for a weekly decline. Full oil flows…

The Economic Times

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India wants return of stranded ships before sending more to Gulf

India's priority is to bring back its ships stuck near the Strait of Hormuz. Only after these vessels are safe will India consider sending ships to load fuel. This move comes as the conflict has disrupted vital energy supplies. India relies heavily on the Strait for crude oil and cooking…

The Economic Times

India to prioritise releasing stranded vessels in Hormuz, may resume tanker loading when conditions improve, says official

India is ensuring the safe passage of its ships near the Strait of Hormuz. Tensions in the region are impacting global shipping. Authorities are coordinating for cargo loading operations. Indian tankers will resume operations only when the security situation is deemed safe for commercial movement. This focus ensures the well-being…

The Economic Times

Iran Tightens Grip on Strait of Hormuz With Island Checkpoints and Transit Fees: Report

Ships moving through the Strait of Hormuz are now subject to a multi-tiered clearance process by Iran's Islamic Revolutionary Guard Corps, which can include affiliation checks, inspections, and diplomatic intervention, according to a new report.

International Business Times

Digital bottleneck: How Iran wants to use internet access as leverage in the war

Tehran is floating the idea of charging the world’s largest tech companies – including Google, Meta, Microsoft and Amazon – for using the undersea internet cables crossing the Strait of Hormuz in a new attempt to exploit its control over the critical waterway to ratchet up economic pressure on the…

France 24

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New UAE oil pipeline bypassing Hormuz 50% complete ahead of 2027 start

Iran, which has attacked vessels to assert control over the Strait, has expanded its definition of the waterway to include the UAE's Gulf of Oman coastline. The U.S. has imposed its own blockade on Iranian ports and attempted an aborted operation to reopen the chokepoint.

The Economic Times

As Iran mulls tariffs on Hormuz internet cables, how might the fees threaten Europe?

The move could raise connectivity costs and create greater digital vulnerability for Europe, but some experts argue that the continent has enough backup bandwidth to survive without access to the cables in the Strait of Hormuz.

Euronews

NATO not drawing up plans for Hormuz mission, top commander says

NATO is not currently planning a mission in the Strait of Hormuz, with the alliance’s top commander saying any such operation would first require unanimous political approval from all 32 member states.

The Economic Times

Iran wants to charge big tech for using Strait of Hormuz undersea cables. What to know

IN FULL

The Independent UK

What Is Iran's 'Hormuz Safe'? The Bitcoin Insurance System for Ships Emerging Amid Gulf Tensions

US President Trump cancels a planned strike on Iran after Gulf allies' appeal, while Iran plans a Bitcoin-backed maritime insurance service to bypass Western financial systems.

International Business Times UK

Iran shrugs as Trump continuously flip-flops between threats and extending peace talk deadlines

ANALYSIS: Iran has figured out that Trump’s bluster and swirl of social media threats doesn’t matter much so long as they control the Strait of Hormuz, Andrew Feinberg writes

The Independent UK

Iran announces new body to manage Strait of Hormuz as peace talks stall

Iran announced a new body to oversee the Strait of Hormuz on Monday, signalling tighter control over the strategic waterway after months of disruption linked to its war with the United States and Israel. Tehran says the authority will manage maritime traffic and provide updates as tolls and restrictions reshape…

France 24

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The Economic Times

Why is Iran using Bitcoin (BTC) for the 'Hormuz Safe' shipping insurance system in the Strait of Hormuz amid US-Iran tensions?

Bitcoin (BTC USD) shipping insurance Iran explained: Iran is reportedly launching a bitcoin-backed maritime insurance service, "Hormuz Safe," for vessels transiting the Strait of Hormuz. This initiative, amid heightened US-Iran tensions and restricted shipping, aims to provide cryptographically verifiable policies settled in Bitcoin, potentially generating significant revenue.

The Independent UK

Rachel Reeves could scrap 5p fuel duty hike

Chancellor under pressure to shelve plans to increase fuel duty amid ongoing blockade on Strait of Hormuz

The Economic Times

India may negotiate Iran-backed oil corridors as Hormuz recovery looks distant: Moody’s

India and other nations will seek energy supplies through direct talks. A full return to pre-conflict shipping levels through the Strait of Hormuz is not expected by 2026. This will lead to gradual, but slow and uncertain, improvements in energy transit. Higher and volatile oil prices will impact economies.

Fortune

Oil markets could be a month away from the moment of truth. Brace for a 'non-linear' price spike and panic buying, analysts warn

Oil prices could top $130-$140 a barrel next month if the strait remains closed and inventory depletion rates remain steady, according to Capital Economics.

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The Economic Times

Crude oil surges 8% in a week to near $110 as Iran war tensions simmer again. Where are prices headed?

Oil prices surged this week as U.S. President Trump and Iran's foreign minister exchanged remarks, dampening hopes for a near-term agreement on ship attacks around the Strait of Hormuz. Brent crude futures rose 7.84% and WTI gained 10.48% amid uncertainty over the fragile ceasefire and the potential for prolonged disruptions…

The Times of India

Friendly nations can rely on safe commerce, says Araghchi after meeting EAM; welcomes any positive role by India for peace

External affairs minister S Jaishankar and his Iranian counterpart Seyed Abbas Araghchi discussed the West Asia conflict and its implications, including the Strait of Hormuz situation, in their first bilateral meeting since the US-Israel and Iran war started in February.

The Times of India

Iran permits 30 vessels to pass through Strait of Hormuz overnight; Hezbollah strikes Israel - top developments

Iran’s Revolutionary Guards said around 30 ships had crossed the Strait of Hormuz with Tehran’s permission since Wednesday evening, signalling a limited easing of restrictions on one of the world’s most important energy routes. Iranian media reported that several Chinese vessels were among those allowed through after what officials described…

Latin Times

Ilhan Omar Says Trump's Cognitive Decline Has Been Visible "For a Very Long Time"

Rep. Ilhan Omar said President Donald Trump's apparent cognitive decline has been visible "for a very long time," sharpening one of her most personal criticisms of the president just as he headed into a high-stakes trip to China dominated by the Iran war, the Strait of Hormuz and fears of…

The Independent UK

Ship on fire in Strait of Hormuz just hours after another boat seized and ‘sailed towards Iran’

IN FULL

The Independent UK

Iran regime has ‘gun to our head’ over Strait of Hormuz, says former CIA boss

Leon Panetta warns that President Donald Trump may have bitten off more than he can chew and that a conflict he assumed could be won in weeks will in fact drag on for months

Euronews

Oil stocks drain at record pace as IEA warns of renewed price swings

The International Energy Agency says the oil market is likely to remain in deficit until the final quarter of the year, as disruptions at the Strait of Hormuz continue to constrain supply, increasing the risk of renewed price volatility.

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