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The Latest Breaking News from the Strait of Hormuz

Former Defense Secretary Mark Esper Backs Trump's Iran Blockade: 'the Right Move'

Former Defense Secretary Mark Esper on Monday backed President Donald Trump’s decision to reinstate a U.S. naval blockade of Iranian ports, calling it the "right move" as Washington claims a bigger security role in the Strait of Hormuz.

Benzinga

‘Pirates of Hormuz’: Brazil PM Lula attacks Trump's 20% shipping toll, calls it ‘piracy’

Brazilian President Luiz Inácio Lula da Silva has openly criticized Donald Trump's suggestion to impose a fee on ships traversing the Strait of Hormuz, branding the U.S. as a 'pirate state.' Trump claimed that the U.S. would assume the role of guardian over this vital waterway. This development emerges amid…

The Times of India

Trump's Strait of Hormuz Blockade Could Push Oil Higher, Gas Prices Could Reach $4 a Gallon, Analyst Says

GasBuddy analyst Patrick De Haan on Monday cautioned against gas prices in the U.S. likely spiking as tensions between Washington and Tehran escalate over the Strait of Hormuz.

Benzinga

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Trump's Strait of Hormuz Plan Explained: Can the US charge ships and what it means for India

Strait of Hormuz Explained: US President Donald Trump's proposal to impose a 20% charge on cargo passing through the Strait of Hormuz has sparked a sharp rebuttal from Iran and raised fresh concerns over oil prices, global trade and India's economy. Here's what international law says, why the UN opposes…

The Economic Times

India condemns Hormuz attacks, summons Iranian envoy after sailor's death

India summoned Iran's Deputy Chief of Mission to protest missile attacks on two merchant vessels. One Indian national died and ten others sustained injuries during the Strait of Hormuz transit. The UAE Ministry of Defence reported Iranian cruise missiles struck the vessels within Omani waters. Iran's IRGC claimed disabling tankers…

The Economic Times

US-Iran strikes: latest developments

DUBAI - The United States launched a third night of strikes on Iran as President Donald Trump reimposed a blockade on Iranian ports and proposed that all ships pay a fee to the United States to pass through the strategic Strait of Hormuz. Here are the latest developments:

Bangkok Post

The US and Iran are back at war. And with one main sticking point, there’s no end in sight

Control over the Strait of Hormuz has become the main bone of contention between the US and Iran in their prolonged conflict.

The Conversation

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India inflation risks mount on renewed US-Iran tensions, El Nino

India's inflation faces an uncertain future outlook. Renewed tensions in the Strait of Hormuz may increase oil prices. An intensifying El Niño raises concerns about higher food costs. Economists expect the Reserve Bank of India to maintain rates. Policymakers are watching closely for broader price pressures.

The Economic Times

Oil traders call Trump's Hormuz bluff at their peril

Iran and the U.S. have announced rival blockades of the Strait of Hormuz. This action cripples an already fragile ceasefire deal between the two nations. Global oil reserves have been significantly depleted after a recent conflict. This leaves the energy market with a smaller margin for error. Investors may be…

The Economic Times

Dubai and Middle East flights disruption: US-Iran tensions keep airlines cautious as services gradually resume

Dubai flights disruption: Middle East airspace is largely open, but airlines review operations due to renewed US-Iran tensions. Unresolved disagreements over the Strait of Hormuz MoU cause continued uncertainty for travel. Several international carriers have restarted some Middle East services after security conditions improved. However, many airlines continue to suspend…

The Economic Times

Europe Today: Tensions high in the Middle East as Trump vows 20% Hormuz shipping fee

The tensions in the Persian Gulf remain high. US President Trump said the United States would take over the Strait of Hormuz and charge a fee of 20% for all cargo shipped through the waterway. Earlier, Trump declared the strait will remain open, “with or without Iran”.

Euronews

Trump's 20% Strait of Hormuz Fee Plan Has 'Absolutely Zero Chance,' Analyst Says

Brett Erickson, a risk analyst and Geopolitics expert at Obsidian Risk Advisors, has slammed President Donald Trump‘s plan to impose a 20% fee on vessels transiting the Strait of Hormuz as tensions with Iran escalate.

Benzinga

US attacks Iran and Tehran retaliates across the Middle East as both vie for control of strait

The U.S. has launched more strikes on Iran after President Donald Trump said Washington is “reinstating” a blockade on Iran in the Strait of Hormuz

The Independent UK

'Mojtaba Khamenei is 90% gone': Trump makes big claim as US-Iran conflict spirals out of control

US President Donald Trump claimed Iran's top military leadership is wiped out and successor Mojtaba Khamenei is "90% gone". Trump announced an "Iranian blockade" alongside transit fees for the Strait of Hormuz, sparking a sharp rejection from Iranian Foreign Minister Abbas Araghchi, who insisted Tehran remains the waterway's guardian.

The Economic Times

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The Times of India

'Possible target for a nice big fat shot': Trump threatens strike on key Iran Nuclear site

President Trump indicated American forces might soon strike Iran's Pickaxe Mountain site. He stated the US closely monitors the heavily fortified location with advanced surveillance. Recent US strikes against Iran are described as retaliation for targeting commercial vessels. The naval blockade in the Strait of Hormuz has also been reinstated…

Benzinga

Trump Is 'Absolutely Right,' Says Iran's Foreign Minister Abbas Araghchi About Strait of Hormuz Compensation — But 20% Is 'Too Much'

On Monday, Iranian Foreign Minister Abbas Araghchi pushed back against President Donald Trump’s plan to impose a 20% fee on cargo moving through the Strait of Hormuz, arguing that Tehran—not Washington—is the rightful guardian of the strategic waterway.

The Economic Times

Why reopening the Strait of Hormuz may demand more than US airstrikes

President Trump seeks to reopen the Strait of Hormuz amid ongoing conflict with Iran. Securing this vital waterway may require tens of thousands of American troops on Iranian soil. Increased U.S. naval presence also carries risks of higher service member losses. Iran's threats alone can deter commercial vessels from using…

The Independent UK

Why it's so difficult for the US to fully reopen the Strait of Hormuz

President Donald Trump has been trying to force Iran to fully reopen the Strait of Hormuz for months

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The Independent UK

Iran-US war latest: Trump threatens to hit civilian targets in Iran as US resumes Strait of Hormuz blockade

The US launched more strikes against Iran and reinstated its naval blockade in the Strait of Hormuz Tuesday

The Economic Times

Iran's tankers take secret route through Hormuz to dodge US sanctions

Iran secretly moved oil tankers through the Strait of Hormuz before US threats. US strikes followed an Iranian attack on a Cyprus-flagged container ship. Iran retaliated against US allies, striking UAE oil tankers and killing an Indian sailor. The US announced a reinstated naval blockade of Iranian ports and coastal…

The Times of India

'Responsibility to protect Americans': Trump tells US Congress fighting with Iran has resumed

US President Trump has updated Congress on the recommencement of military action against Iran, marking the beginning of a new sixty-day operational phase for US forces. This escalation follows reported attacks on commercial shipping, attributed to Iran's supposed violation of a ceasefire. In response, the US has carried out several…

Euronews

US launches strikes on Iran for third straight night as Trump says deal still 'possible'

Following the latest US strikes, the UAE said Iran attacked two ships in the Strait of Hormuz with missiles, as Iran said it carried out strikes on Bahrain.

The Economic Times

Iran's IRGC claims to shoot down US MQ-1 drone over Strait of Hormuz

Iran's IRGC claimed to shoot down a US MQ-1 drone over the Strait of Hormuz amid escalating tensions. This follows US President Donald Trump announcing a naval blockade against Iran and launching extensive military strikes, which US forces claim have severely degraded Tehran's military infrastructure and drone capabilities.

The Times of India

Middle East crisis: Indian killed, sirens blare across Gulf states as US-Iran trade strikes - top developments

In a significant escalation, two Emirati oil tankers were hit by Iranian cruise missiles in the Strait of Hormuz. Tragically, one Indian national lost their life, while eight crew members suffered injuries during the assault. Calling this act unacceptable, the United Arab Emirates pledged a robust response. Iran defended its…

The Economic Times

Oil Price Today (July 14): Crude oil hits one-month high at $85 as US-Iran war tensions simmer. Will it cross $100?

Brent crude futures gained $1.68, or 2%, to $84.98 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.65, or 2.1%, to $79.79 a barrel. On Monday, Brent had surged 9.6%, marking its biggest single-day jump since May 2020. Crude prices are now at their highest levels since the…

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