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The Latest Breaking News from the Strait of Hormuz

Asian shares mostly higher ahead of Trump's deadline for Iran to reopen oil route

Asian shares are trading mostly higher as oil prices continued to surge ahead of a deadline that U.S. President Donald Trump set for Iran to fully reopen the Strait of Hormuz or risk its power plants and bridges being bombed

The Independent UK

The nations doing deals with Iran to get ships through Strait of Hormuz

A growing number of countries are bypassing maritime law and gaining safe passage for their tankers via direct diplomacy with Iran

The Independent UK

UAE tells Euronews ceasefire not enough for Iran war solution, says 'no trust' in Tehran regime

In a briefing to Euronews, the UAE president's diplomatic advisor called for a durable regional security solution beyond a ceasefire with the US as central to the Gulf’s security, as “there is no trust” in the current Iranian regime, but also sees a “more prominent Israeli influence in the Gulf.”

Euronews

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UN Security Council to vote on Hormuz resolution as Trump deadline looms

The UN Security Council is expected to vote Tuesday on a watered-down resolution calling for the unblocking of the Strait of Hormuz – far from the sponsoring Gulf countries' initial goal of obtaining clearance to free it by force.

Radio France Internationale

FTSE 100 Live 07 April: Markets on edge as deadline looms, Universal Music bid

Markets are on edge after President Trump threatened to take out Iran "in one night" if it fails to reopen the Strait of Hormuz before tonight’s deadline.

Evening Standard

Iranian Embassy Trolls Trump with 'We've Lost the Keys' Response to Strait of Hormuz Threat

Iranian embassies respond to Trump's ultimatum on the Strait of Hormuz with humour, highlighting the evolving role of social media in international diplomacy

International Business Times UK

Iran-US war latest: Iranians burn American and Israeli flags after Trump declares ceasefire and re-opening of Strait of Hormuz

The ‘double-sided ceasefire’ comes less than two hours before Trump was set to unleash devastating strikes on Iran’s civilian infrastructure

The Independent UK

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How might the Strait of Hormuz be reopened? Here are 3 scenarios

The Strait of Hormuz crisis has reached a critical juncture. President Donald Trump has demanded Iran reopen the strait or the United States will further intensify its military assault.

The Conversation

Stocks Finish Higher on Iran Ceasefire Hopes

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.44%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.61%. June E-mini S&P futures (ESM26 ) rose +0.64%, and June E-mini Nasdaq futures...

Barchart

Traffic Through Strait Of Hormuz Climbs To Highest Since Early Days Of Iran War: Report

Traffic through the Strait of Hormuz, the key waterway through which about 20% of the global energy passes, climbed to the highest level since the early days of the war in Iran, according to a new report.

International Business Times

Crude Prices Climb on Fears of Escalation of Iran War

May WTI crude oil (CLK26 ) on Monday closed up +0.87 (+0.78%), and May RBOB gasoline (RBK26 ) closed up +0.0202 (+0.61%). Crude oil and gasoline prices settled higher on Monday, with crude posting a 4-week high. Crude prices rallied after President Trump signaled an escalation of the conflict in...

Barchart

Hormuz closure threatens the global food supply – why grocery price hikes are coming

The global energy crisis caused by the closure of the Strait of Hormuz is only the beginning of the economic cost of the war with Iran.

The Conversation

Donald Trump boasts plans to terrorize Iran without shame

President Donald Trump threatened to commit war crimes against Iran on Easter Sunday. Trump, in a fit of rage, promised to bomb civilian infrastructure throughout the country if Iran refuses to open the Strait of Hormuz.

The Mary Sue

In a staggering twist, Americans are wasting $240M a day extra on gas, totaling $8.4B since the Iran War began

Since the Iran war began, fuel prices soared all over the world. Iran’s ironclad control of the Strait of Hormuz has driven prices up. But how much are Americans spending on average for fuel since the war?

The Mary Sue

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Barchart

Crude Prices Fluctuate on Iran War Headlines

May WTI crude oil (CLK26 ) today is up +0.77 (+0.69%), and May RBOB gasoline (RBK26 ) is up +0.0009 (+0.03%). Crude oil and gasoline prices are moving higher today, with crude posting a 4-week high. Crude prices rallied after President Trump said the US could leave the Iran war...

Evening Standard

UK will stay out of offensive action against Iran, says minister

US President Donald Trump said American forces would attack Iranian power plants and bridges if Tehran did not open the Strait of Hormuz.

The Independent UK

UK ‘won’t be getting involved’ in Iran war following Trump’s latest threat

The US President said American forces would attack Iranian power plants and bridges

Euronews

How can Ukraine help unlock the Strait of Hormuz?

US President Donald Trump threatened to unleash "hell" on Iran if it failed to meet his Tuesday deadline to reopen the Strait of Hormuz to all shipping. Can Ukraine help unblock it?

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Euronews

What could move the markets this week? Here’s what investors are watching

European markets return from the Easter break on Tuesday, coinciding with a deadline set by US President Donald Trump for Iran to fully open the Strait of Hormuz.

We Got This Covered

Axios reveals 45-day ceasefire deal in play, will it happen before Trump’s Tuesday deadline?

The clock is ticking fast

Euronews

Iran rejects ceasefire proposal with US as war of words deepens

Iran rejects a new 45-day ceasefire proposal, while the US is still expected to respond, as US President Donald Trump delays a threatened military strike tied to the Strait of Hormuz. Mediators are pushing for talks, but tensions remain high on both sides.

The Independent UK

Trump claims America ‘won’ against Iran and will charge tolls in the Strait of Hormuz: Updates

President Trump said he believed God supports the war with Iran and suggested he deserves the Nobel Peace Prize

Barchart

Stocks Set to Open Higher on U.S.-Iran Ceasefire Hopes, U.S. Inflation Data Awaited

June S&P 500 E-Mini futures (ESM26) are up +0.51%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.81% this morning, pointing to a higher open on Wall Street after the long weekend as hopes for a ceasefire in the U.S. war with Iran outweighed a series of aggressive threats…

Evening Standard

Iran warns of 'devastating' retaliation in defiant stance as Trump deadline to 'unleash hell' looms

Trump shared an expletive-laden social media post threatening further bombardment if Iran doesn’t open the Strait of Hormuz

Euronews

Israel strikes Iran's largest petrochemical facility as Trump's Hormuz deadline looms

Earlier on Monday, Iran warned of more devastating retaliation if the US hits civilian targets, as mediators pushed a 45-day ceasefire to reopen the Strait of Hormuz.

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