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The Latest Breaking News from the Strait of Hormuz

Crude Oil Prices Surge as Iran War Upends Global Crude Flows

April WTI crude oil (CLJ26 ) on Thursday closed up +6.35 (+8.51%), and April RBOB gasoline (RBJ26 ) closed up +0.1560 (+6.20%). Crude oil and gasoline prices soared on Thursday, with crude posting a 19.5-month nearest-futures high and gasoline posting a 1.75-year high. Crude prices continue to climb as the...

Barchart

Fertiliser costs are soaring amid war in the Middle East. Will your grocery bill follow?

Conflict between the United States, Israel and Iran has now led to the effective closure of the Strait of Hormuz, a key shipping route through which a fifth of the world’s oil passes.

The Conversation

With oil once again a weapon in the Middle East, is clean energy the key to peace?

By closing the Strait of Hormuz and attacking oil and gas facilities in Gulf countries, Tehran is driving up hydrocarbon prices. But renewable energy – largely dominated by China – is not immune to the effects of geopolitical tensions either.

Radio France Internationale

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Coffee Prices Supported by Supply Concerns

May arabica coffee (KCK26 ) today is up +1.40 (+0.49%), and May ICE robusta coffee (RMK26 ) is up +13 (+0.35%). Coffee prices are moving higher today on supply concerns. The war in Iran has halted shipping through the Strait of Hormuz, boosting global shipping rates, insurance, and fuel costs,...

Barchart

Crude Oil Prices Soar as Iran War Disrupts Global Supplies

April WTI crude oil (CLJ26 ) today is up +4.88 (+6.54%), and April RBOB gasoline (RBJ26 ) is up +0.1222 (+4.86%). Crude oil and gasoline prices are soaring today, with crude posting a 13.5-month nearest-futures high and gasoline posting a 1.75-year high. Crude prices continued to climb as the war...

Barchart

Asia faces an energy shock from the Iran war and a closed Strait of Hormuz, as governments halt exports and draw down stockpiles

Asian countries like China, Korea and Japan have tried to diversify their energy imports, yet they still depend on oil and gas from the Middle East.

Fortune

World War 3 Fears: Chilling Threat To Strike European Ships 'By The Help Of God'

Iran's Revolutionary Guard attacks US oil tanker in Persian Gulf, escalating tensions and sparking World War 3 fears. Learn about the latest developments and global implications.

International Business Times UK

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Iran war: How exposed are European economies?

The closure of the Strait of Hormuz has sent gas prices surging by 60%, putting additional strain on Europe's already-depleted winter inventories and prompting economists to revise their 2026 growth and inflation outlooks.

Euronews

How the Iran war could create a ‘fertiliser shock’ – an often ignored global risk to food prices and farming

Tehran is moving to restrict – or effectively close – the strait of Hormuz to shipping, as part of the latest escalation in the war involving Iran.

The Conversation

War with Iran chokes flows of oil and natural gas, highlighting energy security risks for Asia

The war with Iran is disrupting oil and LNG shipments through the Strait of Hormuz, a key artery for global energy trade, sending prices higher and threatening global growth

The Independent UK

Stocks Settle Higher as US Economic Resilience Overshadows Iran Conflict

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.78%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.51%. March E-mini S&P futures (ESH26 ) rose +0.77%, and March E-mini Nasdaq futures...

Barchart

Crude Oil Prices Supported by Iran Conflict

April WTI crude oil (CLJ26 ) on Wednesday closed up +0.10 (+0.13%), and April RBOB gasoline (RBJ26 ) closed up +0.0575 (+2.34%). Crude oil and gasoline prices settled higher on Wednesday, with gasoline up sharply at a 19.5-month high. Energy prices have been volatile, and on Wednesday, they were whipsawed...

Barchart

Coffee Prices Settle Higher as Shipping Costs Jump

May arabica coffee (KCK26 ) on Wednesday closed up +3.10 (+1.09%), and May ICE robusta coffee (RMK26 ) closed up +29 (+1.78%). Coffee prices settled higher on Wednesday. Supply concerns are supportive of coffee prices, as the war in Iran has halted shipping through the Strait of Hormuz, boosting global...

Barchart

Coffee Prices Supported as Iran War Boosts Shipping Costs

May arabica coffee (KCK26 ) today is up +2.60 (+0.92%), and May ICE robusta coffee (RMK26 ) is down -16 (-0.43%). Coffee prices are mixed today. Supply concerns are supportive of coffee prices, as the war in Iran has halted shipping through the Strait of Hormuz, boosting global shipping rates,...

Barchart

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Barchart

Crude Oil Prices Pressured by Bearish EIA Inventory Report

April WTI crude oil (CLJ26 ) today is down -0.55 (-0.74%), and April RBOB gasoline (RBJ26 ) is up +0.0172 (+0.70%). Crude oil and gasoline prices are mixed today, with gasoline posting a 19.5-month high. Energy prices have been volatile today, whipsawed by headlines. Crude prices initially tumbled today on...

Barchart

Stocks Rally as US Economic Strength Outweighs Iran War Concerns

The S&P 500 Index ($SPX ) (SPY ) today is up +0.87%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.52%. March E-mini S&P futures (ESH26 ) are up +0.81%, and March E-mini Nasdaq futures...

Barchart

Stocks Supported by Hopes for a Swift End to Iran War

The S&P 500 Index ($SPX ) (SPY ) today is up +0.03%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.63%. March E-mini S&P futures (ESH26 ) are up +0.07%, and March E-mini Nasdaq futures...

The Independent UK

Why is the Strait of Hormuz so important? How the US-Iran war created a global oil and gas crisis

Millions of barrels of oil and gas are being held up after Iran took control of the strategic shipping route in response to US-Israeli attacks

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Euronews

What are Europe's oil route alternatives to the Strait of Hormuz?

Many European countries like Italy, Greece, Spain, Poland and Belgium rely on the Strait of Hormuz for imports or refining. Experts say the closure of this corridor will not cut off Europe’s oil supply, but will continue to drive up oil prices and disrupt markets.

Euronews

Passage denied: Oil and gas prices swing wildly as Hormuz crisis drags on

Oil prices are climbing, albeit at a slower pace, as the US and Israel's war with Iran enters its fifth day, with little to ease concerns over the safety of the Strait of Hormuz — a vital artery for the global energy supply.

The Independent UK

Iran war today: What happened in Middle East overnight as Israel launches ‘broad wave’ of strikes

The Israeli military says it launched a “broad wave” of strikes in Tehran early on Wednesday, targeting “the Iranian terror regime’s launch sites, aerial defence systems and additional infrastructure”. The Pentagon has named the first four American personnel killed in the widening conflict; they are Capt Cody A Khork, 35,…

The Times of India

'We've just begun': US says it has bombed over 2,000 targets in Iran - top developments

Israel and the United States have launched a major joint operation against Iran. The campaign involves extensive strikes targeting Iranian military and nuclear facilities. Iran has retaliated, hitting US diplomatic sites and energy infrastructure across the region. The conflict has spread, causing casualties and displacement. Global energy prices are rising…

Barchart

Stocks Settle Lower on Iran War Anxiety

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.94%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.83%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.09%. March E-mini S&P futures (ESH26 ) fell -0.94%, and March E-mini Nasdaq futures...

The Independent UK

Trump will deploy US Navy to protect oil tankers in Middle East ‘if necessary’

The president also said he was offering government-backed risk insurance for ships passing through the Gulf region

Axios

Trump offers U.S. insurance, military escorts to energy tankers in Mideast

The White House is seeking to ease oil price spikes that are starting to boost U.S. gasoline prices.

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