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The Latest Breaking News from the Strait of Hormuz

Oil prices dive as more tankers move through Strait of Hormuz

Crude oil prices experienced a significant drop, heading for steep weekly losses as tanker traffic through the Strait of Hormuz increased, easing supply worries. This comes after a cargo vessel was struck near Oman, with reports suggesting Iranian involvement. Despite the incident, oil continues to flow, and analysts anticipate an…

The Economic Times

JD Vance defends US strikes on Iran after cargo ship attack, says 'violence will be met with violence'

US Vice President JD Vance declared "violence will be met with violence" following American strikes on Iranian military sites. These retaliatory attacks targeted missile and drone facilities near the Strait of Hormuz, a direct response to Iran's drone strike on a cargo ship. Vance accused Tehran of violating a ceasefire…

The Times of India

US strikes Iran following attack on cargo ship in Strait of Hormuz

US forces struck Iranian missile and drone sites following an attack on a cargo ship in the Strait of Hormuz, jeopardising a recent interim peace deal. Meanwhile, Israel and Lebanon signed a ceasefire agreement, though its enforcement is uncertain as Hezbollah refuses to disarm.

The Economic Times

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US military conducts strikes on Iran hours after Trump's 'foolish violation' remark over Hormuz attack

The US military on Friday carried out fresh strikes on Iran, hours after President Donald Trump accused Tehran of a 'foolish violation' of the ceasefire agreement following a drone attack on a commercial cargo ship transiting through the Strait of Hormuz.

The Times of India

Israel orders troops to prepare for 'extended stay' in Lebanon

Israel's defence minister said on Saturday that Israeli forces had been instructed to prepare for an "extended stay" in Lebanon. Earlier, the Israeli military carried out an air strike in the Nabatiyeh area of southern Lebanon, a day after the United States announced a framework agreement between Israel and Lebanon.…

France 24

Trump Accuses Iran of 'Foolish Violation' of Ceasefire After Drone Strike on Cargo Ship in Strait of Hormuz

President Donald Trump on Friday accused Iran of committing what he called a "foolish violation" of a recently reached ceasefire agreement after Tehran allegedly launched four one-way attack drones at commercial vessels transiting the Strait of Hormuz.

International Business Times

IRGC denies direct hotline with US, as Trump warns of ceasefire violations in Strait of Hormuz

The spokesperson for the Islamic Revolutionary Guard Corps (IRGC) denied claims by American officials regarding the establishment of a direct hotline between Iran and the United States concerning the Strait of Hormuz, calling it a "sheer lie".

Euronews

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Relative calm in Middle East lifts markets

Global markets received a lift this month from the US-Iran ceasefire and pledges to reopen the Strait of Hormuz, resulting in a gradual pick-up in vessel movements and a drop in oil prices to pre-war lows.

Bangkok Post

'Foolish violation of ceasefire deal': Trump says Iran hit cargo ship in Hormuz

US President Donald Trump condemned alleged Iranian drone attacks on ships in the Strait of Hormuz, calling them a "foolish violation of our Ceasefire Agreement." Iran's IRGC Navy asserted control over transit routes, warning vessels to follow Tehran's directives. This follows technical talks between the US and Iran aimed at…

The Times of India

Trump calls Iran drone strike a ‘foolish violation’ of ceasefire agreement after attack in Strait of Hormuz

President Donald Trump has called an attack on a ship in the Strait of Hormuz a “foolish violation” of the United States’ ceasefire agreement with Iran.

The Independent UK

'Foolish violation of ceasefire agreement': Trump says Iran launched drones at ships in Hormuz

US President Donald Trump has accused Iran of breaching a ceasefire, alleging the nation launched four attack drones towards commercial ships in the Strait of Hormuz. One drone reportedly struck a cargo vessel, causing damage, though the ship continued its journey. US forces successfully intercepted the other three drones, according…

The Economic Times

Hormuz traffic eases, ships continue using disputed Oman route

Despite a projectile striking a vessel, ships are continuing to use a non-Iranian-approved passage through the Strait of Hormuz. Traffic levels saw a slight dip from Wednesday's peak, but many commodity vessels, including oil tankers, are still transiting. Iran insists only its designated routes are authorized, leading to a temporary…

The Economic Times

Iran's Trump card: The risk premium hasn't gone. It just changed shape

A recent attack on a commercial vessel near the Strait of Hormuz signals a shift from fears of outright war to prolonged uncertainty. Iran's response suggests a move from threatening a complete blockade to asserting control and demanding recognition for its role in regulating shipping. This highlights a new risk…

The Economic Times

Oil Prices Fall Despite Iranian Attack Against Vessel In Hormuz Strait; WTI Drops Below $70 a Barrel

Oil prices dropped on Friday despite an Iranian attack against a vessel in the Strait of Hormuz.

International Business Times

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International Business Times

UN Halts Plan To Evacuate Sailors Stranded In Strait Of Hormuz After Iranian Strike Against a Vessel

The UN halted an initiative to evacuate sailors stranded in the Strait of Hormuz after Iran struck a vessel.

The Economic Times

Iran insists on right to control shipping in Strait of Hormuz after ship hit near Oman

Iran asserted its authority over the Strait of Hormuz, warning Gulf states against aligning with the U.S. This comes after an attack on a ship near Oman, highlighting the precarious nature of a tentative Iran war ceasefire. Tehran rejected a joint U.S.-Gulf statement challenging its control and toll demands. Meanwhile,…

The Times of India

Iran’s biggest battle starts now: What lies ahead in the 60-day ceasefire window

After months of war, crippling sanctions, a blockade in the Strait of Hormuz and repeated threats of escalation, the United States and Iran have digitally signed a memorandum of understanding (MoU) that has paused one of the Middle East’s most consequential conflicts in recent years.

International Business Times

Iran Strikes Cargo Vessel in the Strait of Hormuz Putting Oil Trade on Edge

The vessel reported being struck by a projectile while sailing approximately 7.5 nautical miles southeast of the Omani port of Dahit, according to maritime security officials across the Middle East.

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The Economic Times

Taiwan ship operator says vessel hit in Hormuz 'unharmed'

A Taiwanese shipping operator's vessel, the Ever Lovely, sustained minor damage after being struck by an unidentified object in the Strait of Hormuz. The 21 crew members and cargo remain unharmed. Singapore's Maritime and Port Authority condemned the "unprovoked" incident, which occurred as the ship was leaving the strait. The…

The Economic Times

India Inc profit hit from West Asia tensions to halve if truce holds, Crisil says

Corporate India's profitability impact from the West Asia conflict is now expected to be half of initial fears, with Crisil Ratings predicting a 100-basis-point hit to operating margins in fiscal 2027. This revised outlook follows crude oil price corrections after the Strait of Hormuz reopened. While most sectors anticipate minimal…

Euronews

Gulf states weigh living side by side with Iran as Tehran weaponises Hormuz

As the frontline countries paying the largest price for the Iran war, pressed by severe economic urgencies, the Gulf states are beginning their own firm process towards regional stability with rival Iran, while Tehran continues weaponising the Strait of Hormuz to sow division with its neighbours.

Bangkok Post

Oil down 2% amid resumption of Hormuz shipments even as vessel hit near Oman

Aramco resumes Ras Tanura oil ⁠loadings after ⁠four-month halt

The Independent UK

Iran-US war latest: Trump and Tehran agree to halt attacks after exchanging strikes over Strait of Hormuz

Iran and US to meet in Qatar to resume peace talks, according to reports

The Economic Times

Saudi Aramco resumes oil loading at Ras Tanura after four-month halt, data shows

Saudi Aramco has restarted oil loading at its Ras Tanura terminal after a four-month pause, with two massive crude carriers seen taking on cargo. This resumption follows an interim deal between the US and Iran, which has eased tensions and allowed for increased output and exports from Middle Eastern producers.…

The Economic Times

Gold poised for fourth weekly loss as hawkish Fed bets buoy dollar

Gold is poised for its fourth consecutive weekly decline, weighed down by a strengthening dollar amid expectations of U.S. interest rate hikes. Investors are also closely watching the delicate U.S.-Iran peace agreement, which faced renewed concerns after an incident in the Strait of Hormuz. Despite some hope for moderating inflation,…

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