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The Latest Breaking News from the Strait of Hormuz

Asia's crude oil imports tick up in June but uncertainty reigns

Asia's crude oil imports saw a slight June uptick but remain near decade lows, impacted by the Iran conflict disrupting Middle East shipments. Despite a modest recovery, volumes are significantly down from pre-war levels, with the Strait of Hormuz's uncertain future and China's reduced buying adding to market volatility. Refined…

The Economic Times

The US is getting something right — in Lebanon

Peace talks with Iran are a complex process to define the post-conflict regional balance. While Iran seeks to leverage its control over the Strait of Hormuz, a US-Lebanon-Israel agreement aims to integrate Hezbollah into the Lebanese state, potentially ending the war. This deal, though facing resistance, offers a path to…

The Economic Times

Iran prioritises diplomacy with US but remains ‘prepared for war’, top negotiator says

Iran's chief negotiator Mohammad Bagher Ghalibaf on Tuesday said that Iran was pursuing dialogue with the United States, but remained ready for war if the “dialogue is not implemented”. Representatives from Washington and Tehran are in Qatar for indirect talks about implementing the initial deal to end the US-Israeli war…

France 24

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Oil falls as investors focus on potential Iran-US talks in Doha

Oil prices dipped as markets keenly watched potential U.S.-Iran talks in Doha, following recent missile exchanges that tested a fragile ceasefire. While investors express cautious optimism for de-escalation and a return to normal shipping through the Strait of Hormuz, uncertainty lingers. Middle Eastern producers are actively loading oil and LNG,…

The Economic Times

Dalal Street set for a positive start as GIFT Nifty trades higher

Indian markets experienced a downturn on Monday, with the Nifty closing below 24,000 due to profit-taking and geopolitical concerns. IT and Auto stocks faced selling pressure. Analysts suggest a cautious outlook, with attention on US-Iran talks and the Strait of Hormuz. The India VIX saw an increase, indicating heightened market…

The Economic Times

Iran says this. The US says that. A look at the trickiest issues in the unresolved conflict

The US and Iran face a tight deadline to finalize a peace deal, yet remain divided over an interim agreement. Disagreements persist regarding the Strait of Hormuz and the ongoing conflict in Lebanon, with both nations engaging in military actions. While the US claims a meeting is scheduled, Iran denies…

The Economic Times

US and Iran negotiators head to Doha, but meeting uncertain

Doha is set to host crucial talks between Iran and the U.S. this week, though Tehran denies any scheduled meetings with American officials. Weekend missile exchanges tested a fragile ceasefire, disrupting global oil flows. The U.S. delegation, led by Jared Kushner, aims to address the conflict, while Iran insists on…

The Economic Times

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Iran’s Strait of Hormuz warning casts doubt on UK-France defensive mission

Tehran is continuing to try and exert leverage over the strategic waterway that remains a flashpoint in the fragile ceasefire

Evening Standard

'No negotiation at any level': Iran refutes Donald Trump's claim of planned US talks in Doha

Iran has denied any upcoming negotiations with the US, contradicting President Trump's claims of a meeting in Qatar. While both nations reportedly agreed to halt counter-strikes following recent escalations around the Strait of Hormuz, Tehran clarified that an expert delegation will visit Doha solely to discuss the implementation of a…

The Times of India

Reduced Tanker Flows Through Strait of Hormuz Boosts Crude Prices

August WTI crude oil (CLQ26 ) on Monday closed up +1.52 (+2.20%), and August RBOB gasoline (RBQ26 ) closed up +0.0753 (+2.66%). Crude oil and gasoline prices settled sharply higher on Monday amid escalating tensions in the Strait of Hormuz, which have slowed the flow of oil tankers through the...

Barchart

Crude Oil Prices Climb as Tanker Traffic Slows Through Strait of Hormuz

August WTI crude oil (CLQ26 ) today is up +1.23 (+1.78%), and August RBOB gasoline (RBQ26 ) is up +0.0732 (+2.59%). Crude oil and gasoline prices are moving sharply higher today amid escalating tensions in the Strait of Hormuz, which have slowed the flow of oil tankers through the strait....

Barchart

Trump Says U.S. Officials Will Travel To Qatar On Tuesday To Discuss Iran After Renewed Truce

President Donald Trump said on Monday that U.S. officials will travel to Qatar to discuss Iran after Washington and Tehran agreed to halt strikes in the Strait of Hormuz.

International Business Times

'They Will Experience Hell': Iran Bombs 8 US Military Bases After Trump Threatens to Wipe Nation 'Off the Map'

Iran has launched missile and drone attacks on U.S. military sites in Kuwait and Bahrain, escalating tensions following President Trump's warning of potential military action.

International Business Times UK

Hormuz oil transits continue though attacks make owners wary

Vessel traffic through the Strait of Hormuz saw a dip as some shipping companies expressed reduced confidence following weekend attacks on two vessels. While US-assisted navigation continues, a Saudi supertanker and other carriers were tracked with transponders off, suggesting a cautious approach. The situation highlights the critical role of tanker…

The Economic Times

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International Business Times

Oil Edges Up After Hormuz Strait Flareup; WTI Climbs Back Above $70 a Barrel

Oil edged up on Monday after a flareup in the Strait of Hormuz over the past days.

The Economic Times

Trump says Iran has requested a meeting, but Iranian officials say nothing has been scheduled

Amidst escalating tensions in the Strait of Hormuz, President Trump announced a potential meeting with Iran in Doha, though Iranian officials denied any scheduled talks. Iran's president claimed $6 billion in frozen assets would be released by Qatar, a move seen as bolstering public support for an interim deal. Recent…

International Business Times

Iran Says Qatar Released Billions In Frozen Funds After Ceasefire Cracks Over Hormuz Strikes

Iranian President Masoud Pezeshkian said Qatar released $6 billion in frozen funds belonging to the country.

International Business Times

U.S. And Iran Agree To Halt Strikes After New Strikes Again Put Ceasefire Under Strain

The U.S. and Iran agreed to halt strikes in the Strait of Hormuz after renewed strikes put the ceasefire under strain again.

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The Independent UK

Why the US and Iran are about to ‘resume peace talks’ – and what is happening in the Strait of Hormuz?

IN FULL

Radio France Internationale

Macron hosts Oman sultan for talks on toll-free reopening of Strait of Hormuz

French President Emmanuel Macron hosts Oman's Sultan Haitham bin Tariq on Monday for the Gulf leader's first official visit to France, with talks expected to focus on securing the toll-free reopening of the Strait of Hormuz.

The Independent UK

Iran-US war latest: Trump sends envoys to Qatar despite Tehran ruling out peace talks

Marco Rubio and Steve Witkoff are travelling to represent the US

The Economic Times

Iran issues "serious warning" to Bahrain as tensions prevail in West Asia

An adviser to Iran's supreme leader has warned Bahrain of severe military action following retaliatory Iranian strikes on a local US base. Concurrently, the US and Iran have agreed to halt counter-strikes and resume critical diplomatic talks in Doha this Tuesday to resolve their maritime dispute over the Strait of…

The Conversation

Despite its best efforts, Iran won’t be able to toll the Strait of Hormuz. Here’s why

Tensions have again escalated in the Middle East, with the United States and Iran trading strikes around the Strait of Hormuz.

The Times of India

What is Article 5 of US-Iran MoU, and why has it become the flashpoint in Hormuz crisis?

A key provision of a US-Iran memorandum of understanding governing safe passage through the Strait of Hormuz has ignited a new military confrontation. Both nations accuse each other of violating the agreement after recent strikes around the vital waterway. The dispute centers on Article 5, which Iran claims grants it…

The Economic Times

Oil climbs following renewed US, Iran strikes in Middle East

Oil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of a potential de-escalation and renewed talks, analysts caution that a full recovery of Gulf oil supply could take months due to lingering issues. Saudi Aramco has resumed…

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