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The Latest Breaking News from the Strait of Hormuz

French ship crosses Strait of Hormuz in first Western European transit during Iran war

A vessel owned by France’s CMA CGM has become the first ship tied to Western Europe to cross the Strait of Hormuz since the outbreak of the Iran war in late February, according to ship tracking data.

Euronews

French and South Korean leaders say they'll work together to reopen Strait of Hormuz

Iran warned the UN Security Council against any "provocative action", ahead of a scheduled vote on a draft resolution on the Strait of Hormuz that ended up being postponed.

Euronews

French and South Korean leaders say they'll work together on the Strait of Hormuz

French President Emmanuel Macron and his South Korean counterpart Lee Jae Myung say they have agreed to work together to help reopen the Strait of Hormuz

The Independent UK

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'Can't expect pre-war rules …': Iran plans to 'monitor' Hormuz with Oman as tensions continue to soar

Iran has said it is drafting a proposal with Oman to “monitor” the Strait of Hormuz, as tensions in the region continue to escalate and concerns grow over maritime security.

The Times of India

UN set to vote on a watered-down proposal to open Strait of Hormuz

The U.N. Security Council is scheduled to vote on a proposal to secure the Strait of Hormuz

The Independent UK

Stocks Recover on Hopes Strait of Hormuz Could Soon Reopen

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.11%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.11%. June E-mini S&P futures (ESM26 ) rose +0.08%, and June E-mini Nasdaq futures...

Barchart

Paul Krugman smacks down Trump speech with argument that $4 gas is ‘less than half’ of the Hormuz hit. Here’s what he’s talking about

Several other essential commodities cross the critical choke point, and a prolonged closure of the strait could injure American consumers.

Fortune

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Crude Prices Soar as Iran War Keeps Strait of Hormuz Closed

May WTI crude oil (CLK26 ) on Thursday closed up +11.42 (+11.41%), and May RBOB gasoline (RBK26 ) closed up +0.1966 (+6.36%). Crude oil and gasoline prices rallied sharply on Thursday, with crude posting a 3.5-week high. Crude prices are soaring after President Trump pledged more aggressive action against Iran...

Barchart

No permit, no pass: Iran plans new navigation regime in Strait of Hormuz

Iranian deputy foreign minister Kazem Gharibabadi on Thursday said that Tehran has nearly completed its first draft to establish a new navigation regime in the Strait of Hormuz.

The Times of India

Over 40 countries launch coalition to secure Strait of Hormuz

The multinational coalition will pursue "the collective mobilisation of our full range of diplomatic and economic tools" to enable a "safe and sustained opening" of the Strait of Hormuz, said the British foreign secretary.

Euronews

Crude Prices Surge as President Trump Vows to Escalate Iran War

May WTI crude oil (CLK26 ) today is up +10.20 (+10.19%), and May RBOB gasoline (RBK26 ) is up +0.1174 (+3.80%). Crude oil and gasoline prices are sharply higher today, with crude posting a 3.5-week high. Crude prices are rallying after President Trump pledged more aggressive action against Iran over...

Barchart

Elon Musk Says Relying on the Strait of Hormuz Is ‘Lazy’ but What Can We Really Do to Change?

The U.S. war in Iran has led to a global energy crisis, and world leaders are scrambling to reopen the Strait of Hormuz. But if governments want to establish energy independence, they're going to have to invest elsewhere.

Barchart

Stocks Pare Losses on Hormuz Report

The S&P 500 Index ($SPX ) (SPY ) today is down -0.06%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.20%. June E-mini S&P futures (ESM26 ) are down -0.04%, and June E-mini Nasdaq futures...

Barchart

The cryptocurrencies and secret passwords needed to get through the Strait of Hormuz

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The Independent UK

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Euronews

Iran vows 'crushing, more destructive' attacks on US and Israel after Trump threats

The comments come after a prime-time address at the White House in which US President Donald Trump threatened to bomb Iran "back to the Stone Ages, where they belong."

The Conversation

Why Benjamin Netanyahu needs the Iran conflict to continue

Before Donald Trump delivered his prime-time address to the American people on April 1, many commentators predicted he would claim victory and signal that the US air campaign against Iran would be wound down – even without a deal with Tehran to open the Strait of Hormuz. As it turned…

Radio France Internationale

Macron rejects military plan as allies push to reopen Strait of Hormuz

French President Emmanuel Macron said on Thursday that using military force to reopen the Strait of Hormuz would be “unrealistic”, as more than 40 countries held talks on restoring access to the vital shipping route, compromised by the war in the Middle East.

The Conversation

Bypass the Strait of Hormuz with nuclear explosives? The US studied that in Panama and Colombia in the 1960s

With the world struggling to get oil supplies moving from the Middle East, former House Speaker Newt Gingrich raised eyebrows with a social media post highlighting a radical idea: Use nuclear bombs to cut a new channel along a route that would avoid Iranian threats in the Strait of Hormuz.

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International Business Times

Tankers Selected By Iran To Cross Strait Of Hormuz Reportedly Get Secret Code For Passage After Paying Fee In Yuan

Some tankers stuck at the Strait of Hormuz are reportedly being selected by Iran for passage, getting a secret code to do so if they pay a fee in yuan, according to a new report.

Euronews

Trump undermining NATO by creating doubt about US commitment, Macron says

The US president has repeatedly railed against Western partners for not responding to his call to assemble a naval force to help reopen the crucial Strait of Hormuz, which has effectively been closed by Tehran.

The Times of India

‘Can’t keep contradicting himself every day’: Macron jabs Trump for Iran flip-flops

French president Macron criticized Donald Trump's inconsistent Iran policy, deeming military action to reopen the Strait of Hormuz unrealistic. Macron emphasized the need for de-escalation and renewed negotiations. Trump's shifting stances on allies, escalation, and war objectives have drawn international and domestic criticism, with many nations hesitant to join US…

International Business Times UK

UK Leads 30+ Countries in Diplomatic Push to Reopen the Vital Strait of Hormuz

UK leads over 30 nations in a bid to reopen the Strait of Hormuz, as Iranian threats halt shipping and the US steps back from its traditional role.

The Independent UK

Secret passwords and crypto payments: Inside Iran’s mysterious new ‘tollbooth system’ in the Strait of Hormuz

Oil prices surged again on Thursday after Donald Trump dashed hopes of a swift resolution to the Middle East war

The Times of India

‘In safe hands’: Iran reassures 'Indian friends' on passage through Strait of Hormuz

Iran on Thursday said its “Indian friends” need not worry about the situation in the Strait of Hormuz, assuring they are “in safe hands,” even as tensions remain high over control of the key shipping route amid the ongoing conflict.

The Independent UK

5 key takeaways from Trump’s first address to nation since start of Iran war

In his televised speech, Trump does not commit to a timeline to end the war in Iran and says he may bomb energy and oil infrastructures if negotiations are unsatisfactory

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