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The Latest Breaking News from the Strait of Hormuz

Trump's Hormuz Toll Gamble Ends Quickly: 20% Fee Abandoned After Single Day in Power Play

President Trump has reversed his proposal for a 20% toll on cargo through the Strait of Hormuz, following appeals from Gulf allies, opting instead for expanded trade and investment deals

International Business Times UK

United States launches new Iran strikes and reimposes naval blockade

The United States carried out strikes against Iran for a fourth day running on Tuesday and reimposed a naval blockade to prevent ships from sailing to or from the country's ports.

Radio France Internationale

Trump Abandons 20% Strait of Hormuz Fee, Says Gulf States Will Make 'Record' Investments in the US as CENTCOM Reaffirms Naval Blockade

President Donald Trump has abandoned the idea of imposing a 20% fee on all vessels traveling through the Strait of Hormuz after floating the idea on Monday, demanding compensation in exchange for safe passage through the waterway.

Benzinga

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Crude shipments from Saudi Arabia's Yanbu port near maximum levels amid Houthi tensions

Saudi Arabia is maximizing oil exports through its Yanbu port this week. Increased loadings at Yanbu reflect rising tensions with Yemen's Houthi militia. The kingdom is also considering pipeline expansion to bypass the Strait of Hormuz. Shipments from Yanbu have averaged over four million barrels daily recently. Concerns exist that…

The Economic Times

'Region's oil and gas exports are either for everyone or for no one': IRGC warns after claiming strikes on US 5th fleet base in Bahrain

Iran's IRGC warned of targeting oil routes for US allies after striking a naval base. The force claimed destruction of command centers and fuel tanks at the base in Bahrain. US forces conducted strikes on Iranian military targets near the Strait of Hormuz. These strikes aimed to degrade Iran's ability…

The Economic Times

Handful of vessels crossing Hormuz as US blockade takes effect

A few ships passed through the Strait of Hormuz on Wednesday. This occurred hours after the United States resumed its naval blockade of Iran.

The Economic Times

Iran launches strikes on neighbours as Trump threatens to hit power plants

Tehran's attack comes as the US military carried out a fourth night of strikes against Iran after President Donald Trump reinstated its blockade of Iranian shipping around the strait of Hormuz.

Euronews

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How Will Trump’s Latest Iran Strikes Impact Australia’s Petrol Prices?

Donald Trump has ordered fresh US strikes on Iran. Here’s how it could affect Australian petrol prices at the bowser.

Pedestrian.tv

Middle East war: Trump weighs 'devastating strikes'; Iran targets US bases in Middle East - key points

Iran's Revolutionary Guard has asserted that the Strait of Hormuz will stay closed until the United States changes its course of action. This comes on the heels of the US conducting new strikes near the Strait and reinstating a naval blockade. Iran has also announced attacks on US bases in…

The Times of India

Iran-US war latest: Trump says Tehran ‘better behave’ as US launches second wave of strikes in 24 hours

Trump did not identify the US citizen, but said she was ‘wrongfully detained in December of 2024’

The Independent UK

Iran-linked vessels pass through Hormuz ahead of US blockade

Vessels transited the Strait of Hormuz linked to Iranian trade before a US blockade took effect. Nine of eleven vessels passed through the strait via the Iranian route on Tuesday. Three empty oil tankers entered the strait while others exited with Iranian exports. Attacks on commercial ships intensified, causing a…

The Economic Times

'Hormuz to remain closed until end of America's evils': Iran defiant as US continues strikes

Iran's Revolutionary Guards said the Strait of Hormuz will remain closed until the "end of America's evils". It further warned that other oil and gas export routes serving the interests of the US and its allies could also be shut.

The Times of India

Oil Price Today (July 15): Crude oil above $86/bbl as US-Iran exchange fresh strikes. Bigger surge brewing?

Brent crude settled at its highest level since June 12 for a second consecutive session, while West Texas Intermediate (WTI) closed at its strongest level since June 15.

The Economic Times

US holds Iran 'accountable' for deaths of commercial vessel crew, says 7 ships targeted

United States Central Command has held Iran accountable for recent attacks on commercial vessels. Iranian forces deliberately targeted seven commercial ships, causing crew casualties over the past week. The US military has reinstated a naval blockade targeting vessels traveling to and from Iranian ports. This action aims to reduce Iranian…

The Economic Times

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The Economic Times

US supporting efforts to revive Iraq-Syria crude oil pipeline, US official says

The United States backs Iraq and Syria's pipeline revival efforts. This project aims to bypass the Strait of Hormuz for oil transport. American companies are expected to assist in rebuilding the Kirkuk-Baniyas pipeline. This initiative seeks to lessen Middle Eastern oil producers' dependence on the strait. Washington has re-imposed a…

France 24

Lebanon, Israel conclude talks, agree to implement ‘pilot zones’

Lebanon and Israel completed a new round of US-mediated negotiations in Rome on Wednesday, agreeing to implement "pilot zones" in southern Lebanon where Israeli forces would withdraw and turn over control to the Lebanese army, the US State Department said. Follow our liveblog to see how the day's events unfolded.

The Economic Times

Trump resumes Iran port blockade and threatens strikes on energy targets

President Donald Trump reimposed a naval blockade on all Iranian ports. He threatened to strike power plants and bridges next week unless negotiations resume. The US military also began fresh strikes to degrade Iranian capabilities used to attack shipping. Iran claims it closed the Strait of Hormuz after hostilities reignited…

The Economic Times

War returns to West Asia, oil seesaws as Hormuz bleeds

The United States launched a third round of strikes on Iran. Iran retaliated by attacking US military bases in Jordan and Bahrain. Two Emirati oil tankers were struck by Iranian cruise missiles in the Strait of Hormuz. Oil prices pared gains after President Trump announced new trade deals. Global markets…

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International Business Times UK

Trump Scraps Hormuz Toll After One Day, Admits He Doesn't 'Like the Concept of a Fee'

President Trump has reversed his decision to impose a 20% toll on vessels in the Strait of Hormuz, opting for Gulf investment deals amidst escalating US-Iran tensions.

France 24

US military reimposes naval blockade on Iranian ports, launches new strikes

US forces on Tuesday reimposed a naval blockade to prevent ships from sailing to or from Iran's ports and conducted strikes against the country for a fourth day in response to Tehran's attacks on commercial ships passing through the Strait of Hormuz and on Gulf facilities.

The Independent UK

Another U-turn shows how Trump is lost in his own forever war with Iran

THE INDEPENDENT VIEW: Editorial: The US president is finding it hard to navigate his own erratic Tehran policy, not least when it comes to opening the vital Strait of Hormuz

France 24

War, talks, repeat: How to break the cycle between US and Iran?

Who needs nuclear weapons when you have the Strait of Hormuz? While ordinary Iranians are far worse off than on February 28th – when the US and Israel launched a war that killed the Supreme Leader on day one – the Islamic Republic has since shown it has massive leverage…

The Times of India

'Will replace 20% Hormuz fee with ... ': Trump says strait open for all but Iran

US president Donald Trump on Tuesday said the United States would not proceed with its proposed 20 per cent toll on cargo transiting the Strait of Hormuz. He announced that instead that Middle Eastern countries would enter into trade and investment agreements with the United States.

The Independent UK

Beyond the Strait of Hormuz: How Gulf countries are preparing for life without the waterway

IN DEPTH : The US and Iran continue tit-for-tat strikes over the vital shipping route while a fifth of the world’s oil supply remains at a standstill. But Gulf countries have been looking towards alternatives for a more independent future, Maira Butt reports

International Business Times

Trump Gives Up Plan To Charge For Hormuz Strait Passage. Oil Is Giving Up Gains

Oil is giving up gains after Trump said he would scrap the plan to charge for passage through the Strait of Hormuz.

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