Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from the Strait of Hormuz

US pauses attacks on Iran for a second straight day and Tehran does too

United States and Iran have paused attacks for a second day. Both nations are continuing efforts to return to negotiations for an interim ceasefire. Mediators are working to de-escalate tensions and keep both sides talking. Concerns persist regarding shipping safety in crucial regional waterways. Israeli Prime Minister Benjamin Netanyahu fully…

The Economic Times

EXCLUSIVE: US-Iran De-Escalation Is the Only Way to Lower Gas Prices, Analyst Says

The escalating tension in the U.S.-Iran war has rattled the global energy market, with supply chain disruptions leading to sharp increases in oil prices throughout markets as uncertainty looms over the Strait of Hormuz.

Benzinga

Oil tanker explodes after hitting naval mine in Strait of Hormuz: Iranian Media

An oil tanker reportedly exploded after deviating from Iran's designated shipping route. This incident occurred amid ongoing diplomatic progress between Iran and Oman. Regional sources indicated that US bombings in the area were intentionally paused. Military leaders cautioned against a broader campaign due to depleting missile interceptors. Iranian forces had…

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

Iran-US war latest: Trump pauses nightly attacks to make room for talks, says ambassador

The tanker had reportedly left an Iran-approved route in the vital shipping route

The Independent UK

Iran-Oman talks on reopening Strait of Hormuz make progress: Report

Omani officials visited Tehran for talks on reopening the Strait of Hormuz. These discussions occurred while the United States paused its bombings in the region. Iran accused the United States of violating a memorandum of understanding regarding shipping routes. The US Central Command stated its naval blockade against Iran remains…

The Economic Times

Houthis fire missiles and drones at Saudi Arabia in response to strikes on a Yemeni city

Yemen’s Iran-backed Houthi rebels say they fired missiles and drones at Saudi Arabia in response to Saudi airstrikes on Yemen's strategic Red Sea city of Hodeida

The Independent UK

Bridges and infrastructure are hit as US struck deeper into Iran

United States airstrikes against Iran have expanded over two weeks of conflict. Initial strikes targeted Iran's navy and coastal defenses in the Strait of Hormuz. Recent attacks now hit bridges and infrastructure deeper inside Iran. Iran has retaliated with intensified strikes on ships and Gulf countries. The conflict has pushed…

The Economic Times

Read news from The Economist, FT, and more,
with one subscription

Missiles targeting Saudi oil refineries shot down

Saudi Arabia intercepted two ballistic missiles from Yemen targeting oil refineries in Yanbu. U.S. forces launched air strikes on Iran after Houthi attacks on Saudi tankers. President Trump vowed major military punishment for Iran and its Houthi allies. The Strait of Hormuz remains a key waterway, with Houthi actions disrupting…

The Economic Times

Trump has no remaining levers to pull as oil hovers near the $100 ‘psychological’ threshold

Depleted emergency oil reserves create a dangerous game if the Strait of Hormuz and the Red Sea are effectively shuttered.

Fortune

Ray Dalio Says 'Final Battle' At the Strait of Hormuz Is Here— And It Could Decide If the US Empire 'Survives or Falls'

Billionaire investor Ray Dalio said Friday that the Iran war’s outcome hinges entirely on the Strait of Hormuz, warning a decisive clash is imminent.

Benzinga

Crude oil prices rise 10% this week but China enters fray to push for end to Iran war. What’s next?

Crude oil futures experienced a significant decline on Friday. This drop followed reports of China's initiative to restart stalled US-Iran peace negotiations. Despite the fall, both Brent and West Texas Intermediate crude are set for weekly gains. Geopolitical developments continue to heavily influence global oil prices and supply concerns. Experts…

The Economic Times

The World's Oil Tankers Are Seeking To Flee Hormuz. The Bill Is $2.5 Million Per Ship

The combined disruption of the Strait of Hormuz and the Bab el-Mandeb is forcing some shipments to take a circuitous route around Africa's Cape of Good Hope, making voyages longer and $ 2.5 million more expensive.

International Business Times

Oil Prices Fall Back as Red Sea Oil Shipments Continue

September WTI crude oil (CLU26 ) is down -3.62 (-4.04%), and September RBOB gasoline (RBU26 ) is down -0.0929 (-2.79%). WTI crude oil prices (CLU26 ) are down by about -4% today, giving back much of Thursday’s rally of +6.17%. Meanwhile, Sep Brent crude oil prices (CBU26 ) have fallen...

Barchart

Gulf states seen splurging on debt to build new Hormuz bypasses

Persian Gulf nations are preparing to raise more debt to fund ports, pipelines and transport links that reduce reliance on the Strait of Hormuz as the Iran war continues. Bond issuance has already reached a record $112 billion this year, with investors expecting further supply despite strong demand for Gulf…

The Economic Times

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Explosions are heard near a US base in northern Iraq as US-Iran fighting escalates

Explosions sounded near a U.S. base in Iraq and sirens rang out in Bahrain on Friday. The U.S. military conducted its thirteenth night of strikes against Iran in recent weeks. Iran has attacked ships in the Strait of Hormuz and targeted U.S. assets and allies. Houthi rebels also targeted Saudi…

The Economic Times

In India, Iran war forces Diet Coke to roll out a bigger can, heftier price tag

Coca-Cola has raised Diet Coke prices in India by over 10% after the ongoing Middle East conflict disrupted supplies of aluminium cans. The company is importing costlier 330-ml cans from Southeast Asia as supplies of its usual 300-ml cans have been hit by shipping disruptions through the Strait of Hormuz.

The Economic Times

US strikes Iran and Bahrain warns of incoming fire as clashes over shipping routes escalate

Bahrain activated sirens amid escalating U.S. and Iran strikes over the Strait of Hormuz. Yemen's Houthi rebels targeted Saudi oil tankers, potentially widening the conflict. International oil prices surged past one hundred dollars a barrel due to these disruptions. The Houthis also threatened to shut down the Bab el-Mandeb Strait…

The Independent UK

Iran-US war latest: Trump insists Tehran can’t have a nuclear weapon as Houthis claim missile attack on Saudi Arabia

Trump says he doesn’t ‘think it’s time yet’ to agree to a deal

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

1,500 ships trapped in Gulf of Hormuz are quietly multiplying an underwater army that could unleash World's biggest bioinvasion event

Gulf of Hormuz underwater army: Nearly fifteen hundred ships stuck in the Persian Gulf after fighting closed the Strait of Hormuz. These idle vessels are now becoming breeding grounds for marine invasive species, whose build-up of organisms on ship hulls increases fuel consumption significantly. Scientists urge stricter rules to prevent…

The Economic Times

Oil Price Today (July 24): Crude oil dips below $100 but up 13% this week as supply tensions mount. $120 per barrel possible?

Brent futures fell 81 cents, or 1%, to $99.68 a barrel at 0126 GMT, but were still set for a 13.5% rise this week. West Texas Intermediate (WTI) futures dropped 70 cents, or 0.76%, to $91.49 a barrel and were on track for a 11% weekly gain.

The Economic Times

Oil crosses $100: A 'perfect hurricane' can trigger bigger shock soon

Brent crude has surged past $100 as escalating Middle East tensions threaten two critical oil chokepoints — the Strait of Hormuz and Bab el-Mandeb — at the same time. While markets were already grappling with disruptions in Hormuz due to the US-Iran conflict, fresh Houthi attacks on Saudi oil tankers…

Barchart

Oil Prices Soar as US-Iran Conflict Expands to Red Sea

September WTI crude oil (CLU26 ) on Wednesday closed up +2.49 (+2.95%), and September RBOB gasoline (RBU26 ) closed up +0.0186 (+0.58%). WTI crude oil prices (CLU26 ) are up more than +6% today after the Iran-backed Houthis launched a missile and drone attack on two Saudi Arabian oil tankers...

International Business Times

Iran Is Seeking To Dominate The Strait Of Hormuz. Gulf Countries Are Planning To Bypass It

At least seven major pipeline projects are under construction, in the planning stage or being considered as countries seek to bypass the Strait of Hormuz.

Roll Call

Trump linked Iran’s Hormuz attacks, midterms. Senators have doubts

Some foreign-policy-minded senators are dismissing President Donald Trump’s assessment that Iranian officials have been disrupting the Strait of Hormuz to influence the midterm elections. Several senators — Democratic and Republican — furrowed brows or shook their heads Wednesday when asked about Trump a day earlier replying “probably” when asked if…

Euronews

Gulf oil producers race to build alternatives to the Strait of Hormuz as oil hits $100

Gulf oil producers are spending billions of dollars on pipelines designed to route crude around the Strait of Hormuz, as Iran's grip on the waterway drags on causing oil prices to hit $100 a barrel for the first time since May.

1 … 28 29 30 31

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

the Wall Street Journal

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.