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The Latest Breaking News from the Strait of Hormuz

Elon Musk Says Relying on the Strait of Hormuz Is ‘Lazy’ but What Can We Really Do to Change?

The U.S. war in Iran has led to a global energy crisis, and world leaders are scrambling to reopen the Strait of Hormuz. But if governments want to establish energy independence, they're going to have to invest elsewhere.

Barchart

Stocks Pare Losses on Hormuz Report

The S&P 500 Index ($SPX ) (SPY ) today is down -0.06%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.20%. June E-mini S&P futures (ESM26 ) are down -0.04%, and June E-mini Nasdaq futures...

Barchart

The cryptocurrencies and secret passwords needed to get through the Strait of Hormuz

IN FULL

The Independent UK

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Iran vows 'crushing, more destructive' attacks on US and Israel after Trump threats

The comments come after a prime-time address at the White House in which US President Donald Trump threatened to bomb Iran "back to the Stone Ages, where they belong."

Euronews

Why Benjamin Netanyahu needs the Iran conflict to continue

Before Donald Trump delivered his prime-time address to the American people on April 1, many commentators predicted he would claim victory and signal that the US air campaign against Iran would be wound down – even without a deal with Tehran to open the Strait of Hormuz. As it turned…

The Conversation

Macron rejects military plan as allies push to reopen Strait of Hormuz

French President Emmanuel Macron said on Thursday that using military force to reopen the Strait of Hormuz would be “unrealistic”, as more than 40 countries held talks on restoring access to the vital shipping route, compromised by the war in the Middle East.

Radio France Internationale

Bypass the Strait of Hormuz with nuclear explosives? The US studied that in Panama and Colombia in the 1960s

With the world struggling to get oil supplies moving from the Middle East, former House Speaker Newt Gingrich raised eyebrows with a social media post highlighting a radical idea: Use nuclear bombs to cut a new channel along a route that would avoid Iranian threats in the Strait of Hormuz.

The Conversation

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Tankers Selected By Iran To Cross Strait Of Hormuz Reportedly Get Secret Code For Passage After Paying Fee In Yuan

Some tankers stuck at the Strait of Hormuz are reportedly being selected by Iran for passage, getting a secret code to do so if they pay a fee in yuan, according to a new report.

International Business Times

Trump undermining NATO by creating doubt about US commitment, Macron says

The US president has repeatedly railed against Western partners for not responding to his call to assemble a naval force to help reopen the crucial Strait of Hormuz, which has effectively been closed by Tehran.

Euronews

‘Can’t keep contradicting himself every day’: Macron jabs Trump for Iran flip-flops

French president Macron criticized Donald Trump's inconsistent Iran policy, deeming military action to reopen the Strait of Hormuz unrealistic. Macron emphasized the need for de-escalation and renewed negotiations. Trump's shifting stances on allies, escalation, and war objectives have drawn international and domestic criticism, with many nations hesitant to join US…

The Times of India

UK Leads 30+ Countries in Diplomatic Push to Reopen the Vital Strait of Hormuz

UK leads over 30 nations in a bid to reopen the Strait of Hormuz, as Iranian threats halt shipping and the US steps back from its traditional role.

International Business Times UK

Secret passwords and crypto payments: Inside Iran’s mysterious new ‘tollbooth system’ in the Strait of Hormuz

Oil prices surged again on Thursday after Donald Trump dashed hopes of a swift resolution to the Middle East war

The Independent UK

‘In safe hands’: Iran reassures 'Indian friends' on passage through Strait of Hormuz

Iran on Thursday said its “Indian friends” need not worry about the situation in the Strait of Hormuz, assuring they are “in safe hands,” even as tensions remain high over control of the key shipping route amid the ongoing conflict.

The Times of India

5 key takeaways from Trump’s first address to nation since start of Iran war

In his televised speech, Trump does not commit to a timeline to end the war in Iran and says he may bomb energy and oil infrastructures if negotiations are unsatisfactory

The Independent UK

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AAP

Australia faces 'sharp recession' if US escalates war

As Donald Trump fails to reassure traders about the Strait of Hormuz, analysts warn Australia's economy is hurtling towards a recession the longer it is closed.

Radio France Internationale

France's Macron visits South Korea for talks on technology and security

French President Emmanuel Macron arrived in South Korea on Thursday for a state visit focused on trade, technology and security – following talks in Tokyo where he and Japan’s prime minister agreed to push to reopen the Strait of Hormuz, disrupted by the war in the Middle East.

The Independent UK

UK gathers more than 30 countries in bid to reopen the Strait of Hormuz to the world

Thursday’s meeting considered a first step, to be followed by ‘working-level meetings’ to work out details

The Conversation

Winter crops need to be sown - but Australia’s farmers are worried about fertilisers and fuel

War in the Middle East has put a spotlight on the Strait of Hormuz, the narrow sea passage through which 20% of global oil supply is shipped. But far less attention has been paid to another essential product derived from oil and gas, on which the world also relies: fertiliser.

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The Conversation

What is Benjamin Netanyahu’s end game in the Iran war?

The war between the United States, Israel, and Iran is now into its second month. Despite spectacular early successes, the resilience of Iran’s government and military has meant the US and Israel have lost the strategic initiative. This means they are being more reactive than proactive in determining the outcome…

Reason

Trump Bullying Allies To Help in Iran Suggests He Knows the War Is Not Going Well

NATO allies aren’t obligated to join the war. The sooner Trump accepts that, the better.

Fortune

Trump will address the nation about the Iran war on Wednesday. Here’s what to expect

Oil analysts warn April will be the cruelest month yet for energy prices, and a presidential speech may not be enough to change that.

The Mary Sue

So Donald Trump helps Iran choke off the Strait of Hormuz, and now he’s telling the world to figure out their own oil supply

President Donald Trump has launched another sharp critique against European nations for not joining his war on Iran, telling them to “go get your own oil” by force if they’re worried about fuel prices. This comes as several European countries are actively pushing back against the conflict, with France blocking…

Barchart

Crude Prices Fall on Hopes for De-Escalation of Hostilities in the Middle East

May WTI crude oil (CLK26 ) on Wednesday closed down -1.26 (-1.24%), and May RBOB gasoline (RBK26 ) closed down -0.1125 (-3.51%). Crude oil and gasoline prices settled sharply lower on Wednesday amid mounting optimism that the war in the Middle East is nearing an end. Crude prices remained lower...

International Business Times UK

Iran Calls Trump's Cease-Fire Post a Pack of Lies as Tehran Stays Determined to Win War

Iranian officials have categorically denied assertions by Donald Trump that Tehran has requested a peace agreement. The diplomatic clash centres heavily on the Strait of Hormuz, as Iran introduces legislation to permanently control the critical maritime route.

International Business Times UK

'Dumbest Ever President': Donald Trump Slammed After Targeting UK in 'Insane' Iran War Ultimatum

Donald Trump has lashed out at the UK and other allies over the Iran crisis, telling them to seize control of the Strait of Hormuz themselves as critics denounce him as the 'dumbest ever' US president.

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