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

NATO not drawing up plans for Hormuz mission, top commander says

NATO is not currently planning a mission in the Strait of Hormuz, with the alliance’s top commander saying any such operation would first require unanimous political approval from all 32 member states.

The Economic Times

Why India And UAE Are Building A Hidden Super Corridor

The world is entering one of its most unstable and unpredictable periods in decades. Wars are intensifying across the Middle East, global shipping routes remain under threat, and even a single attack near the Strait of Hormuz can shake fuel prices and economies worldwide within hours. As many nations struggle…

MyLifeXP

UK allows diesel and jet fuel imports from Russian crude via sanctions carve-out

Britain will allow imports of diesel and jet fuel refined in other countries from Russian crude oil, creating a sanctions exemption aimed at easing soaring fuel prices caused by Middle East conflict and disruptions around the Strait of Hormuz.

The Economic Times

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

Crude Oil Prices Slip on Diplomatic Hopes to End Iran War

June WTI crude oil (CLM26 ) on Tuesday closed down -0.89 (-0.82%), and June RBOB gasoline (RBM26 ) closed down -0.0645 (-1.72%). Crude oil and gasoline prices retreated on Tuesday after the dollar index ($DXY ) jumped to a 6-week high. Crude prices also moved lower after President Trump late...

Barchart

NATO Reportedly Discussing Operation To Reopen Strait Of Hormuz If It's Not Reopened By July

NATO is reportedly considering an operation to reopen the Strait of Hormuz if the key waterway remains closed by July, according to a new report.

International Business Times

G7 finance ministers gather in Paris amid Iran tensions and tariff concerns

Finance ministers from G7 economies gathered in Paris for a second day of talks focused on global economic pressures, including the Iran conflict, US tariffs and disruptions linked to the Strait of Hormuz.

Euronews

Gulf states talk Trump out of Iran strikes in a show of regional influence

Trump said he suspended imminent US military strikes on Iran “for two or three days” after the Gulf states intervened to gain more time due to ongoing negotiations and concerns over Iranian retaliation, with Qatar stating that Gulf leaders are united in trying to avoid a resumption of the war.

Euronews

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

Top commander says 'thinking' about NATO role in Strait of Hormuz

NATO's top commander is considering how the alliance could assist in the Strait of Hormuz, though no formal planning has commenced. European nations, led by Britain and France, are exploring options to keep the crucial waterway open following its closure.

The Economic Times

Is the Gulf losing its grip on the oil world?

One of the most striking features of the Iran war has been the resilience of the global oil market. Despite the disruption of flows through the Strait of Hormuz, the world’s most important oil transit chokepoint, prices have generally hovered around US$100 (£75) per barrel – a lower level than…

The Conversation

Months after snubbing Trump’s ‘Operation Epic Fury’, Nato weighs Hormuz mission to protect ships

NATO is considering deploying forces to protect shipping in the Strait of Hormuz if the blockade persists into July, a move that would significantly alter the alliance's stance on the US-Israeli conflict with Iran. Growing economic pressure from soaring energy prices is driving this reconsideration, with leaders set to discuss…

The Times of India

Ryanair Locked In Fuel at Half the Spot Price Yet Still Warns Passengers to Expect Higher Fares

Despite airline industry struggles, Ryanair remains confident about Europe's fuel supply but warns fares could rise if the Strait of Hormuz stays closed.

International Business Times UK

Why Iran wants to charge world’s largest tech companies for using Strait of Hormuz undersea cables

Iran’s veiled threat to disrupt subsea cable is a bid to gain leverage against future attacks

The Independent UK

Kotak warns of massive fuel under-recoveries despite recent Rs 3/litre price hike

Fuel prices in India could see a significant increase. State-run oil companies may have to raise petrol and diesel rates further if crude oil prices stay high. This is due to ongoing disruptions in the Strait of Hormuz. Even after a recent small hike, refiners face substantial under-recoveries. Further price…

The Economic Times

High gas prices are just the beginning: How the Iran war is changing the global energy map

The largest global energy-supply shock in history is causing chaos around the world. Here are the winners and losers.

Fortune

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Trump's tough-talk foreign policy is hitting a wall with Iran as it grips Strait of Hormuz

Donald Trump has struggled to secure concessions from Iran despite threats, military pressure and repeated deadlines tied to Tehran’s nuclear and regional policies. Trump on Monday said he had paused planned U.S. strikes at the request of Gulf Arab allies as “serious negotiations” were underway, while warning that military action…

The Economic Times

Oil Price Today (May 19): Crude oil retreats from $110 as Trump delays planned strike on Iran. Where are prices headed?

Oil prices dipped Tuesday after President Trump delayed a planned military strike on Iran, following appeals from Middle Eastern leaders. This de-escalation eased immediate concerns over global crude supply disruptions. Analysts warn that a prolonged closure of the Strait of Hormuz could still impact markets significantly.

The Economic Times

Global Market Today: Oil slips, Asian stocks rise on Iran optimism

Oil prices have fallen and Asian stock markets have risen. President Donald Trump has paused military strikes, sparking hopes for a deal to end the conflict. This development could reopen energy routes through the Strait of Hormuz. Investors are watching closely as negotiations are reportedly underway. Markets experienced volatility due…

The Independent UK

Iran shrugs as Trump continuously flip-flops between threats and extending peace talk deadlines

ANALYSIS: Iran has figured out that Trump’s bluster and swirl of social media threats doesn’t matter much so long as they control the Strait of Hormuz, Andrew Feinberg writes

Get all your
news in one place.

100's of premium titles.
One news app.

France 24

Iran announces new body to manage Strait of Hormuz as peace talks stall

Iran announced a new body to oversee the Strait of Hormuz on Monday, signalling tighter control over the strategic waterway after months of disruption linked to its war with the United States and Israel. Tehran says the authority will manage maritime traffic and provide updates as tolls and restrictions reshape…

The Economic Times

Why is Iran using Bitcoin (BTC) for the 'Hormuz Safe' shipping insurance system in the Strait of Hormuz amid US-Iran tensions?

Bitcoin (BTC USD) shipping insurance Iran explained: Iran is reportedly launching a bitcoin-backed maritime insurance service, "Hormuz Safe," for vessels transiting the Strait of Hormuz. This initiative, amid heightened US-Iran tensions and restricted shipping, aims to provide cryptographically verifiable policies settled in Bitcoin, potentially generating significant revenue.

The Independent UK

Though gas prices dropped by a cent last week experts warn another spike could be coming ahead of Memorial Day

Oil markets are sensitive to the ever-shifting geopolitical tensions between the US and Iran, thus making gas prices volatile

International Business Times UK

Iran Tightens Grip on Strait of Hormuz With New Maritime Authority as Donald Trump Warns the Clock Is Ticking

Middle East tensions are rising as Trump renewed threats toward Iran while Tehran tightened control over the Strait of Hormuz amid uncertain peace talks.

Latin Times

The Strait of Hormuz Now Has Its Own Social Media Account as Iran Turns Tensions Into a Digital War

An X account using the handle @PGSA_IRAN and the display name tied to the Hormuz Gulf appeared Monday as tensions over the waterway remained at the center of the standoff between Iran and the United States

Barchart

Crude Oil Prices Underpinned by Lack of Progress in US-Iran Peace Negotiations

June WTI crude oil (CLM26 ) today is up +1.44 (+1.38%), and June RBOB gasoline (RBM26 ) is up +0.0441 (+1.19%). Crude oil and gasoline prices rallied to 2-week highs today as doubts about the progress of peace negotiations to end the US-Iran war keep the Strait of Hormuz closed...

International Business Times

Ryanair Has Prepared For An 'Armageddon Situation' As Jet Fuel Prices Remain High

Ryanair's CFO said the company has prepared for an "Armageddon situation" as jet fuel prices remain elevated and the Strait of Hormuz closed.

1 … 31 32 33 34

People

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

Organisations

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

Topics

Artificial Intelligence

Places

Fourteen days free

Download the app

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