The Latest Breaking News from the Strait of Hormuz

The reported sinking of several Iranian warships by US missiles in the Gulf of Oman serves as a reminder of the maritime aspect of the conflict which began February 28 with a barrage of Israeli and American missiles targeting Iran. Two other vessels, believed to be tankers, have also been…

A fifth of the world's oil flows through the Strait of Hormuz.

Vessels transiting the Strait of Hormuz are reportedly receiving radio warnings, attributed to Iran's Revolutionary Guards, stating passage is prohibited. This critical oil route, vital for global energy supplies, faces heightened tensions following recent regional strikes. Iran has not officially confirmed issuing such an order, raising concerns for commercial shipping.

Iran has effectively shut down the Strait of Hormuz in retaliation for the US-Israeli war. Given that a quarter of seaborne oil and a fifth of global LNG shipments pass through this critical maritime route, the move may prove catastrophic for major economies dependent on energy supplies from the Gulf.…

Iran has temporarily closed parts of the Strait of Hormuz, one of the world’s most critical energy chokepoints, as tensions with the United States escalate. Iranian state and semi-official media reported live-fire naval drills in the narrow waterway, with missiles launched from inside Iran and along its coast reportedly striking…

Iran and the United States have found common ground on key principles during nuclear talks in Geneva. While progress is noted, a final agreement is not yet in sight. Negotiations are expected to continue. The discussions occurred amidst heightened tensions in the Gulf region. Military drills were conducted by Iran…

Iran has temporarily closed the Strait of Hormuz for live-fire drills on Tuesday as tensions with the US escalate, even as new nuclear talks in Geneva seek to avert open conflict.

Iran announced the temporary closure of the Strait of Hormuz for live fire military drills as its negotiators held another round of indirect talks with the United States in Geneva over its disputed nuclear program

NYMEX crude oil futures have moved steadily higher since the lows in mid-December, gaining more than $10 per barrel at their most recent high. Geopolitical risks in the Middle East have pushed the energy commodity higher, and higher highs could be on the horizon for seasonal reasons over the coming…