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The Latest Breaking News from the Hormuz Strait

Iran Has Said It Will Seek To Collect Fees For Passage Through The Hormuz Strait. Maritime Groups Are Asking The UN To Stop It.

Leading ships associations are urging the UN to prevent Iran from charging tolls for passage through the Strait of Hormuz, arguing that it would lead to higher costs for consumers and undermine the principles of free navigation.

International Business Times

Scott Bessent Said a Deal To Reopen The Hormuz Strait Could Be Reached Within Hours. Oil Is Declining Again

U.S. Treasury Secretary Scott Bessent expressed optimism about the possibility of reaching a deal that will see the reopening of the Hormuz Strait in the next hours.

International Business Times

Iran Seeks To Maintain Its Chokehold Of Hormuz. The U.S. And The U.K. Are Set To Meet To Put An End To It

The U.S. and the U.K. are set to convene a high-level meeting next week to discuss a potential international coalition to guarantee safe passage through the Hormuz Strait as Iran seeks to exert control of the key waterway, according to a new report.

International Business Times

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'We Don't Need the Hormuz Strait': Trump Claims US and Venezuela Now Control 62% of World's Oil Market

President Trump declares U.S. independence from the Strait of Hormuz, citing control over 62% of the world's oil market with Venezuela. Tensions rise as U.S. military actions continue against Iran.

International Business Times UK

Trump says he had 'very good conversation' with new British PM Andy Burnham

Trump held discussions with the newly appointed British Prime Minister, Andy Burnham, with their talks encompassing key topics such as North Sea oil and trade agreements. Furthermore, they delved into military partnerships and the urgent need for demining in the Hormuz Strait, with Burnham reaffirming London's dedication to defense and…

The Economic Times

The U.S. Is Seeking To Prevent Iran From Charging Tolls In The Hormuz Strait. Now Trump Says The U.S. Will Do it

President Donald Trump said that the U.S. will collect revenue from protecting ships passing through the Strait of Hormuz.

International Business Times

Traffic Through The Hormuz Strait Was Recovering After The U.S.-Iran Ceasefire. Then Clashes Resumed

Traffic through the Hormuz Strait decreased again following renewed clashed between the U.S. and Iran.

International Business Times

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Saudi Arabia Reportedly Considering Move To Reduce Its Reliance On Hormuz Strait As Iran Seeks To Tighten Its Grip

Saudi Arabia is reportedly considering expanding its pipeline to the Red Sea to reduce its reliance on the Hormuz Strait.

International Business Times

U.S.-Iran Talks Are On Hold Due To The Ayatollah's Funeral. Tehran Attacked Tankers Going Through The Hormuz Strait

Iran resumed attacks against ships transiting the Hormuz Strait, U.S. officials said.

International Business Times

Samsung Electronics profits surge 1,800% annually amid artificial intelligence spending boom

South Korean chipmaker Samsung Electronics posted record quarterly profits Tuesday thanks to the global AI infrastructure buildout coupled with a memory chip shortage. Also in this edition, oil futures rise as tensions reignite in the Hormuz Strait and Canada commits to its biggest-ever defence contract. Finally, Cuba experiences its third…

France 24

No sudden shelter from storms: What protected India's oil supply during Hormuz crisis

India successfully navigated the Hormuz Strait closure, avoiding fuel shortages despite initial fears. This resilience wasn't due to last-minute decisions but years of strategic diversification of its oil supplier base, expanding from 27 to 41 countries. Robust infrastructure and refinery flexibility allowed for seamless redirection of supplies, proving that proactive,…

The Economic Times

Maritime traffic picks up in Strait of Hormuz, but uncertainty lingers

Oil prices continue their slide on Thursday as traffic through the Hormuz Strait has picked up over the past few days. Uncertainty lingers for the shipping industry, though, as disagreements over a potential toll to pass through the Strait could be a stumbling block in US-Iran talks. Also in this…

France 24

US Brands Itself 'Guardian Angel' of Middle East as Trump Warns Iran 'No Tolls in the Hormuz Strait'

The US warns Iran against imposing tolls in the Hormuz Strait, amid conflicting claims over its control and upcoming nuclear negotiations, impacting global oil supply and economic stability.

International Business Times UK

Oil Prices Keep Falling After U.S. And Iran Sign Deal To End The War And Reopen The Hormuz Strait

Oil prices kept falling on Thursday after the U.S. and Iran signed the memorandum of understanding to end the war and reopen the Strait of Hormuz.

International Business Times

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International Business Times

Iranian State Outlet Says Agreement With U.S. Doesn't Include Giving Up Control Of Hormuz Strait

Iranian state news agency IRNA said on Friday that the terms of a draft agreement with the U.S. does not include giving up control of the Hormuz Strait, which Tehran is seeking to control following the war.

International Business Times

Oil Prices Drop On Report That U.S.-Iran Deal Would Reopen Hormuz Strait For Commercial Shipping Within a Month

Oil prices dropped on Wednesday following a report claiming that a deal between the U.S. and Iran would see the reopening of the Hormuz Strait for commercial shipping with a month.

MyLifeXP

Kejriwal’s One Question On Oil Left BJP Defending Fast

Every time petrol and diesel prices rise, millions of Indians feel the pressure instantly. From auto drivers to office workers, from delivery boys to middle-class families, everyone ends up paying more. This time, the debate exploded after Arvind Kejriwal publicly questioned Prime Minister Narendra Modi over why India is not…

The Times of India

‘Xi would also like to see the Hormuz Strait open’: Donald Trump on US-China talks

US President Trump revealed Chinese President Xi Jinping desires the Strait of Hormuz reopened to stabilize global energy markets. Both leaders reportedly agreed on the necessity of this crucial shipping route's resumption. Discussions also touched upon potential increased Chinese purchases of American oil and agricultural products, alongside ongoing tensions regarding…

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International Business Times

Trump Says Xi Offered Help To Make a Deal With Iran And 'Would Like To See The Hormuz Strait Open'

President Donald Trump said on Thursday that U.S. counterpart Xi Jinping offered him help to strike a deal with Iran and would "like to see the Hormuz Strait open" as the stalemate between the two countries continues.

The Times of India

Trump vows to hit Iran ships as US begins strait blockade

WASHINGTON : The US military said it would begin enforcing President Donald Trump-announced blockade of the Hormuz Strait at 10am EST on Monday (7.30pm IST), while clarifying that the embargo will only apply to vessels entering or departing Iranian ports and not other Gulf entrepôts. Iran responded by saying “no…

The Times of India

'This is evil': Marjorie Taylor Greene's 276-word reaction to Trump's profane Truth Social post

President Donald Trump hinted at a major escalation in the ongoing war as he threatened Iran with 'Hell' if the Hormuz Strait stays shut. Trump said the US forces would begin strikes against Iranian civilian infrastructures like power plants and bridges.

Fortune

Asian markets drop after Trump signals he’ll bomb Iran ‘back to the stone ages,’ tells other countries to ‘take the lead’ in reopening Hormuz

“Countries of the world that do receive oil through the Hormuz Strait must take care of that passage,” Trump said in his address.

International Business Times UK

Trump Asks 7 Countries to Send Warships in Strait of Hormuz—No Commitments Yet as Tensions Escalate

President Donald Trump calls on seven nations, including China and the UK, to deploy warships to the Strait of Hormuz following US-Israeli strikes on Iran.

Axios

Trump claims international coalition to send war ships to reopen strait of Hormuz

U.S., Israeli and Western officials say the situation at the strait has been the key concern for the Trump administration in recent days.

The Independent UK

Trump calls on allies to help get Strait of Hormuz ‘OPEN, SAFE, and FREE’

President Donald Trump has warned that the U.S. will continue to “bomb the hell out of the shoreline” of Iran to break the blockade of the Strait of Hormuz. The Strait, a crucial shipping route for one-fifth of the world's oil and liquefied gas, is reportedly under the “complete control”…

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