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The Latest Breaking News from the Strait of Hormuz

The Latest: Ceasefire at risk over Israel's attacks in Lebanon, possible mines in Strait of Hormuz

Iran’s semiofficial news agencies have published a chart suggesting the Revolutionary Guard placed sea mines in the Strait of Hormuz during the war

The Independent UK

Will US-Iran ceasefire hold? Trump issues 'bigger, better shooting' warning over Strait of Hormuz, nuclear weapons

President Trump issued a stern warning to Iran, stating US forces will remain deployed until a "REAL AGREEMENT" is implemented, threatening a significantly stronger military response if the ceasefire is violated. He reiterated demands for Iran to abandon nuclear weapons and ensure the Strait of Hormuz remains open and safe.

The Times of India

Chart shows Iran may have put sea mines in Strait of Hormuz

Iran's semiofficial news agencies have published a chart suggesting the Revolutionary Guard placed sea mines in the Strait of Hormuz during the war

The Independent UK

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Starmer to meet Middle East leaders amid fragile Iran ceasefire

The Prime Minister continued his two-day visit to the Gulf region after meeting the Crown Prince of Saudi Arabia, Mohammed Bin Salman, on Wednesday.

Evening Standard

Australia and Israel at odds over Lebanon ceasefire

Lebanon must be included in a temporary truce in the Middle East, Australia says, warning motorists will pay the price at the bowser if the conflict drags on.

AAP

The Iran war is either concluding with the world worse off, or escalation is just delayed again

Iran aims to control the Strait of Hormuz choke point for the foreseeable future with or without a ceasefire, experts said.

Fortune

Leavitt insists Americans ignore Trump’s words on Iran and focus on the bottom line after ‘Praise be to Allah’ diss

White House spokesperson maintains Trump’s extreme rhetoric has no effect on America’s moral standing

The Independent UK

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Has the Iran War Ceasefire Already Ceased?

Both sides claim that they’ve agreed to stop fighting and open the Strait of Hormuz, but the fighting is still happening and Hormuz is still closed.

Reason

Iran Now Says It Will Limit Transit In Strait Of Hormuz To a Dozen Ships a Day And Charge Fees Despite Ceasefire

Iran told mediators on Wednesday that it will limit transit through the Strait of Hormuz to a dozen ships a day and charge them fees, a departure from announcements made by U.S. officials following the ceasefire agreement on Tuesday night.

International Business Times

Iran's proposal to collect tolls in the Strait of Hormuz violates trade norms

To end the war with the United States and Israel, Iran is demanding the right to collect tolls in the Strait of Hormuz as a precondition for reopening the waterway vital to world oil supplies

The Independent UK

Vice president J D Vance will lead US team for truce talks with Iran in Pakistan: White House

Vice President JD Vance will lead a US delegation to Pakistan this weekend for mediated talks with Iran, aiming to secure a permanent ceasefire. The discussions in Islamabad follow a two-week truce, with the White House emphasizing the need for the Strait of Hormuz to remain open. Lebanon is not…

The Times of India

Delta Pops, Oil Drops, Will It Stop? How to Trade Airline Stocks and ETFs Now.

DAL popped by more than 10% Wednesday morning, following a triple-threat of positive catalysts: a dominant first-quarter earnings beat, robust forward guidance, and a timely cooling of tensions in the Strait of Hormuz.

Barchart

Crude Prices Fall Sharply as Geopolitical Risks Ease

May WTI crude oil (CLK26 ) on Wednesday closed down -18.54 (-16.41%), and May RBOB gasoline (RBK26 ) closed down -0.2993 (-9.06%). Crude oil and gasoline prices plummeted on Wednesday, with crude posting a 1.5-week low and gasoline posting a 2-week low. Crude prices plunged on Wednesday after the US...

Barchart

Trump's Iran Ceasefire in Peril After Israel Escalates Against Hezbollah and Iran Closes the Strait of Hormuz Again

President Donald Trump presented the new U.S.-Iran ceasefire as a breakthrough, a two-week pause that would reopen the Strait of Hormuz, calm oil markets, and pull the region back from a wider war. Within hours, that message was already colliding with reality as Israel intensified its campaign against Hezbollah in…

Latin Times

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AAP

World economy counts cost of war as strait closes again

The economic costs of conflict are greater than severe natural disasters and can leave scars that last for a decade, the world's "financial firefighter" says.

The Times of India

US desperate for ceasefire? Trump forced Pakistan to broker temporary truce with Iran

For weeks, the Trump administration relied on Pakistan to act as an intermediary, urging it to persuade Iran to agree to a pause in hostilities that would allow the reopening of the Strait of Hormuz. Islamabad’s role as a Muslim-majority neighbour was seen as key to making the proposal acceptable…

International Business Times UK

Iran's Supreme Council Said Its War Objectives Were 'Nearly All Achieved' — Trump Called the Same Deal a 'Win' for America

Explore the conflicting narratives from the US and Iran following the announcement of a ceasefire in the US-Israeli war against Iran, brokered by Pakistan.

The Independent UK

US declares ‘V for Victory’ in Iran but chaos in the Strait of Hormuz and Lebanon continues

A major escalation in Lebanon by Israel threatens to derail the Iran ceasefire less than a day after it was announced

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International Business Times

Iran Says It's Halting Passage Through Strait Of Hormuz Due To Israeli Attacks In Lebanon And Is 'Working On Its Response'

Iran said it's halting passage through the Strait of Hormuz as a result of Israeli attacks in Lebanon, as the announced ceasefire with the U.S. continues to be under pressure.

Evening Standard

Stocks surge and oil tumbles amid US-Iran ceasefire

The FTSE 100 closed up 260.09 points, 2.5%, at 10,608.88.

Roll Call

White House, pressed on threat to destroy Iran, stresses ‘results’

The White House struggled Wednesday to explain and defend President Donald Trump’s threat to end Iranian civilization, with his top spokesperson crediting his tough talk with fostering a fragile two-week ceasefire deal already being tested in the Strait of Hormuz and Lebanon. Karoline Leavitt, White House press secretary, was peppered…

The Times of India

Strait of Hormuz: How Trump gave Iran a weapon deadlier than any nuke

A recent conflict has shifted control of the vital Strait of Hormuz. Iran may now charge transit fees for ships passing through. This follows a US-Iran ceasefire agreement. The situation signals a significant change in regional maritime control. Global oil trade routes are impacted by these developments.

Barchart

Crude Prices Plummet on US-Iran Ceasefire Agreement

May WTI crude oil (CLK26 ) today is down -17.10 (-15.14%), and May RBOB gasoline (RBK26 ) is down -0.3070 (-9.29%). Crude oil and gasoline prices are falling sharply today, with crude sliding to a 1.5-week low and gasoline falling to a 2-week low. Crude prices plunged today after the...

Euronews

Ceasefire offers Trump exit as Iran war becomes political liability

The ceasefire deal with Iran might come at the right moment for Donald Trump, as it could stop the erosion of domestic support for the President. But Trump is left facing scrutiny over why and for what did the US get into war.

We Got This Covered

‘Big money will be made’: Trump declares a ‘Golden Age of the Middle East’ after cutting a last-minute deal with Iran

From the brink of apocalypse to “Golden Age.”

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