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The Latest Breaking News from the Strait of Hormuz

Trump claims he's Tehran's 'top target' amid renewed Iran conflict

President Trump stated he is Iran's primary target amid escalating tensions. He declared the ceasefire with Tehran effectively over and signaled further strikes. The United States and Iran have been exchanging strikes, intensifying regional hostilities. Commercial shipping in the Strait of Hormuz faces disruptions and oil prices are climbing. This…

The Economic Times

Deeply concerned: India on escalating tensions in West Asia

India voiced deep concern over recent attacks on commercial shipping in the Strait of Hormuz. These developments risk undermining regional peace, security, and stability in West Asia. India calls upon all parties to exercise restraint and de-escalate tensions immediately. The nation urges a return to dialogue and diplomacy for a…

The Economic Times

Starmer urges return to Iran ceasefire after ‘challenging’ two days

The Prime Minister warned that UK household bills would likely be hit unless the situation improved.

Evening Standard

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Tensions Are Rising Again In The Strait Of Hormuz. Trump Is Vowing To Escalate Further

President Donald Trump said the U.S. will hit Iran "hard again tonight" after conducting strikes on Tuesday.

International Business Times

Iran ceasefire was always going to break – here’s why

Less than a month after a ceasefire was signed between the US and Iran, conflict has returned to the Middle East. The peace agreement Donald Trump signed at the palace of Versailles in France on June 18 – which he hailed as Iran’s “unconditional surrender” – is now, in the…

The Conversation

Strait of Hormuz Crisis: Oil Surges 6% After Iranian Forces Attack Three Tankers, Prompting US Retaliation

Oil prices surged over 6% following attacks on tankers in the Strait of Hormuz, causing U.S. stocks to retreat amid fears of escalating tensions between Washington and Tehran.

International Business Times UK

US forces launch new strikes on Iran to curb threat to Hormuz, military says

Trump had said that the ceasefire with Iran is "over" after Washington launched strikes on the country overnight, to which Iran responded by targeting US bases in the Gulf.

Euronews

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Threat Of Attacks To Ships In Strait Of Hormuz Rises Again After Trump Says Ceasefire Is Over, NGO Warns

The Joint Maritime Information Center again raised the threat level in the Strait of Hormuz to severe after renewed clashes between the U.S. and Iran.

International Business Times

Oil Prices Slide as Markets Bet on Hormuz Normalization

Brent and WTI oil prices are on track for their worst quarterly losses since 2020, with Brent trading at around $73.30 per barrel and WTI at $71.11 per barrel during the June 30 session, down 38% and 30% respectively.

inkl

What are the risks of an LNG tanker explosion?

A Qatari LNG tanker sustained damage in an attack near the Strait of Hormuz. The vessel, Al Rekayyat, is reportedly at risk of exploding following the incident. This marks the second war-related attack on an LNG carrier this year. LNG is natural gas cooled to liquid form for easier transport.…

The Economic Times

Gulf states brace again for fiery US-Iran showdown as tensions spiral

From the front lines of the US-Iran confrontation, the Gulf nations have again urged both sides, with strategic restraint, not to abandon their negotiations, while Tehran is telegraphing that the Strait of Hormuz is now Iran's.

Euronews

Indian-flagged crude tanker turns back from Strait of Hormuz after vessel attacks: Report

Several oil and gas tankers have turned back from the Strait of Hormuz. This action follows renewed attacks on vessels in the critical waterway. A Qatari LNG tanker and a Saudi crude oil tanker were damaged near the strait. Maritime authorities have raised the threat risk for transiting vessels to…

The Economic Times

Iran Again Targeted Commercial Ships In The Strait Of Hormuz. Now Trump Says The Ceasefire Is Over

President Donald Trump said the ceasefire with Iran is over after the U.S. carried new attacks against the country in retaliation for Tehran's targeting of commercial ships in the Strait of Hormuz.

International Business Times

Crude oil prices jump 6%, hit two-week high after Trump says Iran peace deal is ‘over’. What are experts saying?

Crude oil prices rose sharply on Wednesday to a two-week high after Donald Trump declared the Iran peace agreement "over", reviving fears of fresh supply disruptions from the Middle East. Analysts say concerns over the Strait of Hormuz, tighter sanctions and depleted inventories could keep oil prices elevated in the…

The Economic Times

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The Economic Times

Prolonged US-Iran tensions may push India's crude basket above $75/bbl, raise inflation risks: Experts

Market experts warn a prolonged US-Iran standoff could increase India's crude oil import costs. Diversified sourcing is expected to cushion supply disruptions, reducing vulnerability to shocks. However, prolonged conflict may push India's crude basket beyond $75 per barrel. Higher crude prices could create near-term macroeconomic pressures and inflation risks.

The Economic Times

Truce over? Trump reveals why he ended the ceasefire with Iran

US President Trump declared the Iran truce effectively over after attacks on shipping. The United States launched retaliatory strikes on Iranian military targets. These actions followed Iran's attacks on commercial ships in the Strait of Hormuz. Fresh uncertainty now surrounds planned negotiations between Washington and Tehran. Global energy markets reacted…

France 24

US revokes waiver for Iranian oil sales amid renewed Gulf strikes

The US Treasury Department has announced it will no longer allow Iranian oil sales to be conducted in US dollars on global markets after several tankers were hit by projectiles while attempting to cross the Strait of Hormuz. The move has left more than 60 million barrels of Iranian crude…

Radio France Internationale

Oil prices continue to rally as US and Iran step up mutual attacks

Oil prices jumped more than 3 percent on Wednesday as the Middle East crisis burst back into the spotlight, with United States and Iranian forces exchanging strikes after attacks on ships in the Strait of Hormuz, fuelling fresh supply fears.

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Euronews

The key global economic risks to watch in the second half of 2026

After six months defined by war, an oil shock and a frenzied AI trade, economists say the rest of the year hangs on a chain of interlocking risks, with the fragile peace between the US and Iran as the key factor.

Bangkok Post

US hits over 80 targets in Iran strikes, military says

The U.S. military unleashed a new wave of strikes against Iran on Tuesday (July 7) and revoked a license allowing the country to sell oil after three tankers were hit by projectiles in the Strait of Hormuz. The U.S. Central Command said that it had struck over 80 targets during…

The Times of India

'Bending rules, bullying rivals': Iran uses World Cup to mock US - top developments

Iranian President Masoud Pezeshkian took a swipe at the United States by comparing its role as host of the 2026 FIFA World Cup to its foreign policy, accusing Washington of "bending rules, bullying rivals, creating obstacles, and cheating".

The Economic Times

IndiGo, HPCL, other oil sensitive stocks plunge up to 5% as US strikes on Iran lift crude prices

Oil-sensitive Indian stocks tumbled significantly after US airstrikes on Iran. Crude oil prices climbed as sanctions on Iranian sales were reinstated. These events reignited concerns over Middle East stability and potential supply disruptions. Shipping through the Strait of Hormuz remains vulnerable, impacting global energy supply routes. Analysts expect oil inventories…

The Independent UK

US launches strikes on Iran after 3 ships attacked in Strait of Hormuz; Bahrain and Kuwait targeted

The U.S. military has attacked Iran after it said Tehran struck three ships in the Strait of Hormuz

The Independent UK

US strikes ‘over 80’ Iranian targets after tankers hit in Strait of Hormuz

Following the strikes, Iran’s top negotiator Mohammad Bagher Ghalibaf accused the US of committing ‘major’ violations of the initial ceasefire deal.

The Economic Times

Oil Price Today (July 8): Crude oil flares up over 5% as ‘powerful’ US strikes on Iran revive supply fears. What’s unfolding?

Brent crude futures climbed $1.62, or 2.16%, to $76 a barrel, while U.S. West Texas Intermediate crude gained $1.63, or 2.31%, to $72 a barrel. Both benchmarks had already advanced about 3% on Tuesday after the United States withdrew the general licence that had allowed the sale of Iranian crude…

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