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The Latest Breaking News from the Strait of Hormuz

Oil Price Today (June 11): Crude oil rises over 2% as US strikes Iranian targets again. $100/bbl in sight?

Oil prices surged over $2 a barrel after Iran announced the closure of the Strait of Hormuz, a critical shipping route, following U.S. strikes. Iran warned of attacks on any vessels attempting passage, though the U.S. military stated commercial shipping continued unimpeded. The closure threatens to disrupt global oil flows,…

The Economic Times

US military says it's striking multiple targets in Iran in second day of renewed fire

The U.S. military's Central Command says it "completed" its latest round of airstrikes targeting Iran

AAP

Gift Nifty signals a negative start; here's the trading setup for the day

Nifty closed flat on Wednesday as easing crude prices boosted domestic consumption stocks and defensive sectors. Investor sentiment is stabilizing, with hopes for a resolution to the Israel-Iran conflict improving confidence. However, Gift Nifty signals a negative start, and oil prices climbed amid escalating tensions in the Strait of Hormuz.

The Economic Times

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US military says it's striking 'multiple targets' in Iran in second day of renewed fire

Bahrain sounded its missile alert sirens early Thursday morning after Iran threatened to retaliate over a new round of U.S. airstrikes targeting the Islamic Republic

AAP

US launches new strikes after Trump threatens to attack Iran 'very hard'

The US launched a new round of overnight strikes on multiple targets in Iran, with President Donald Trump warning of further attacks unless Tehran quickly agrees to a peace deal. The strikes targeted Iranian air defence and radar sites near the Strait of Hormuz after a US helicopter was downed…

The Economic Times

Iran closes Strait of Hormuz after fresh US strikes; IRGC clashes with American forces, says report

Iran announced the closure of the Strait of Hormuz on Thursday after the United States launched a new wave of strikes on targets inside the country. Iran's top joint military command said the strategically important waterway was closed to all traffic, including oil tankers and commercial vessels, and warned that…

The Times of India

US announces secret Hormuz mission; Trump claims 100 million barrels of oil moved through Hormuz

US President Donald Trump said on Wednesday that the United States had successfully helped move more than 100 million barrels of oil through the Strait of Hormuz as part of a previously undisclosed military operation, while simultaneously warning that Iran would face a severe US attack if ongoing efforts to…

The Times of India

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Crude Oil Prices Soar as President Trump Pledges Immediate Attacks on Iran

July WTI crude oil (CLN26 ) on Wednesday closed up +1.83 (+2.07%), and July RBOB gasoline (RBN26 ) closed up +0.0888 (+2.94%). Crude oil and gasoline prices settled sharply higher on Wednesday after the US and Iran exchanged strikes overnight, which could derail the peace process and keep the Strait...

Barchart

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

As the Strait of Hormuz remains closed for the fourth month, “one development stands out: prices have become remarkably calm,” JPMorgan analysts said.

Fortune

Trump says US military ops ensure safe passage of 100 million barrels of oil through Hormuz

President Donald Trump revealed a secret US military mission. This operation supported oil tankers and commercial ships. Over 100 million barrels of oil passed through the Strait of Hormuz. More than 200 ships traveled safely. Trump stated the United States controls the Strait of Hormuz, not Iran. He declared Iran's…

The Economic Times

Middle East Hostilities and Bullish EIA Report Boost Crude Oil Prices

July WTI crude oil (CLN26 ) today is up +1.33 (+1.51%), and July RBOB gasoline (RBN26 ) is up +0.0601 (+2.01%). Crude oil and gasoline prices are sharply higher today after the US and Iran exchanged strikes overnight, which could derail the peace process and keep the Strait of Hormuz...

Barchart

Trump threatens to bomb Iran’s power plants and warns they will ‘pay the price’ for failure to agree deal

US president accused Iran of taking too long in peace negotiations as both sides exchanged strikes

The Independent UK

Meet Vibhav Altekar, the Indian-origin engineer behind the drone boat that pulled off a first-of-its-kind US military rescue

A remarkable rescue operation near the Strait of Hormuz saw an autonomous vessel, Corsair, play a vital role. Developed by Saronic Technologies, co-founded by Indian-American engineer Vibhav Altekar, the vessel helped save two US Army personnel. This event marks a significant milestone for autonomous maritime technology, demonstrating its capability in…

The Economic Times

US and Iran’s exchange of strikes shows how far diplomacy has changed

The US military launched strikes against Iran on June 9 in response to the downing of a US Army helicopter near the Strait of Hormuz a day earlier. These strikes, which the US military called “a proportional response to unjustified Iranian aggression”, came after Donald Trump claimed he was in…

The Conversation

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Euronews

US strikes Iran-bound tanker near Oman, sparking India protest over missing crew

US Central Command said it fired on the Palau-flagged Settebello after the crew ignored orders, hitting its engine room as the vessel attempted to carry Iranian oil in violation of the US blockade.

The Independent UK

Extraordinary rescue as drone boat saves downed American pilots in the Strait of Hormuz

IN FULL

The Economic Times

Suez Canal sees oil tanker surge amid Strait of Hormuz disruption

Egypt's Suez Canal saw a significant rise in oil tanker traffic and revenue in April. This surge is linked to the closure of the Strait of Hormuz, forcing ships to use the Red Sea route. Broader vessel traffic also increased. This unexpected boost benefits Egypt's foreign exchange earnings, though overall…

The Economic Times

CMA CGM chief says 'unwise' to assume Hormuz will return to pre-war situation

The head of French shipping giant CMA CGM believes the Strait of Hormuz will not return to its previous state. The company is adapting to ongoing geopolitical issues.

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The Independent UK

Iran-US war latest: Tehran attacks 18 US airbases across Middle East after Trump orders major new strikes

US Defence Secretary Pete Hegseth warned that the military would be ‘busy tonight’ ahead of the fresh strikes

AAP

US and Iran launch airstrikes after Trump blames Tehran for downing Army helicopter

The U.S. military launched airstrikes and Iran retaliated following the crash of an Army helicopter near the Strait of Hormuz that U.S. President Donald Trump blamed on the Islamic Republic

France 24

US, Iran exchange air strikes after Trump accuses Tehran of downing army helicopter

The US military said on Tuesday it carried out strikes on Iran after an Army helicopter crashed near the Strait of Hormuz, an incident President Donald Trump blamed on Tehran. Iran denied responsibility and vowed to respond. Washington called the attacks a “proportional response", while Iranian media reported explosions on…

The Times of India

Watch: Trump's 'proportional response' to Iran after helicopter attack

Following Iran's downing of a US Apache helicopter near the Strait of Hormuz, President Trump ordered retaliatory strikes on Iranian air defense systems. This escalation intensifies months of Middle East tensions, disrupting shipping and raising global energy prices. Iran vowed a "decisive response," casting doubt on ceasefire efforts amid ongoing…

AAP

US and Iran launch airstrikes after Trump blamed Tehran for downing Army helicopter

Kuwaiti air defenses opened fire Wednesday as the small Mideast nation came under attack from Iran

AAP

US strikes Iran after blaming Tehran for downing Army helicopter

Iran said Wednesday it launched a missile attack targeting an air base in Jordan hosting U.S. forces

The Economic Times

Why are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? US attack, Iran tensions, inflation fears and market reaction explained

Why are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? Global markets moved in different directions after fresh U.S. strikes against Iran increased geopolitical tensions. Oil prices gained as supply concerns returned. Gold and silver prices fell as the U.S. dollar…

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