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The Latest Breaking News from the Strait of Hormuz

Crude Prices Surge on Reports the US is Preparing Troop Deployment in Iran

April WTI crude oil (CLJ26 ) on Friday closed up +2.18 (+2.27%), and April RBOB gasoline (RBJ26 ) closed up +0.1591 (+5.09%). Crude oil and gasoline prices rallied sharply on Friday, with gasoline posting a 3.5-year nearest-futures high. Crude prices surged on Friday as the Iran war drags on, with...

Barchart

4 pivotal questions that could define the Iran war's next phase

A major question surrounding the war right now is what happens to the Strait of Hormuz.

Axios

UK lets US use British bases to strike Iranian sites targeting Strait of Hormuz

Up until this point, the Government has allowed the US to use British bases only to hit missile sites targeting British interests in the region.

Evening Standard

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Trump Calls NATO 'Cowards' as Alliance Balks at Direct Role in Iran War

President Donald Trump has called NATO allies in Europe "cowards" for refusing to directly support the U.S. and Israel's efforts in the Middle East.

International Business Times

Supply Concerns Boost Coffee Prices

May arabica coffee (KCK26 ) on Friday closed up +8.85 (+2.94%), and May ICE robusta coffee (RMK26 ) closed down -5 (-0.14%). Coffee prices on Friday extended this week's rally, with arabica posting a 1.5-month high and robusta a 1.5-week high. The closure of the Strait of Hormuz has disrupted...

Barchart

Are Fertilizers a Compelling Opportunity?

The 2026 crop year in the Northern Hemisphere gets underway in March and April, with farmers relying on fertilizer supplies. The war in Iran threatens oil, gas, and fertilizer shipments, which have been pushing agricultural commodity prices higher.

Barchart

Trump calls Nato ‘cowards’ over lack of action to reopen Strait of Hormuz

Mr Trump said the alliance was a ‘paper tiger’ without the US.

The Independent UK

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Trump ‘considers risky ground offensive to free Strait of Hormuz’ after branding Nato ‘cowards’

Oil and gas prices have spiked due to Iran’s blockade of the Strait of Hormuz - and the US president has attacked Nato for not helping end it

The Independent UK

Coffee Supply Fears are Boosting Prices

May arabica coffee (KCK26 ) today is up +8.60 (+2.86%), and May ICE robusta coffee (RMK26 ) is up +20 (+0.55%). Coffee prices are extending this week's rally today, with arabica posting a 1.5-month high and robusta posting a 1.5-week high. The closure of the Strait of Hormuz has disrupted...

Barchart

Crude Oil Prices Push Higher on Fears Iran War Will Escalate

April WTI crude oil (CLJ26 ) today is up +1.26 (+1.31%), and April RBOB gasoline (RBJ26 ) is up +0.0862 (+2.76%). Crude oil and gasoline prices are sharply higher today as the Iran war drags on, with the Strait of Hormuz closed and Iran continuing attacks on the energy infrastructure...

Barchart

Cooper warns Tehran against targeting UK interests

Iran has said allowing the US to use UK bases is ‘participation in aggression’.

Evening Standard

The Strait of Hormuz Is Just a Distraction. The Real Story Is Bonds. What the Yield Curve Is Saying.

Bonds have not been this exciting in so long.

Barchart

'Paper tiger without US': Trump lashes out at Nato for not joining Iran war; calls allies 'cowards'

Former President Donald Trump labeled Nato allies "cowards" for refusing to join the US-led military campaign against Iran. He criticized their complaints about high oil prices while not assisting in securing the Strait of Hormuz. Trump warned this lack of support would be detrimental to Nato's future.

The Times of India

Overconfidence is how wars are lost − lessons from Vietnam, Afghanistan and Ukraine for the war in Iran were ignored

Wars are rarely lost first on the battlefield. They are lost in leaders’ minds − when leaders misread what they and their adversaries can do, when their confidence substitutes for comprehension, and when the last war is mistaken for the next one.

The Conversation

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International Business Times UK

Kevin O'Leary Predicts Who Will Control the Strait of Hormuz After the Middle East War Subsides

Kevin O'Leary predicts a multinational coalition will seize control of the Strait of Hormuz to ensure energy security after the 2026 Middle East war. US Treasury Secretary Scott Bessent considers 'unsanctioning' 140 million barrels of Iranian oil to curb soaring global prices.

Euronews

Watch: Trump’s Pearl Harbor joke tests US-Japan alliance amid Iran tensions

Donald Trump joked about Pearl Harbor while urging Sanae Takaichi to expand Japan’s role in securing the Strait of Hormuz, drawing a muted response.

Radio France Internationale

France's Macron urges ceasefire as Hormuz shipping risks grow

French President Emmanuel Macron on Friday called for de-escalation of the three-week conflict in the Middle East, as France and five other countries said they were ready to help ensure safe passage through the Strait of Hormuz.

Euronews

Five European nations and Japan ready to 'contribute' to securing Hormuz

The conflict around the Strait of Hormuz is starting to draw in global powers, as disruptions to shipping and energy flows raise concerns about wider economic fallout.

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Euronews

Europe's fertilizer crisis: prices surge due to Iran war and dependence on Russia

The fertilizer market is facing a double crisis: the Iran war is driving up prices, the Strait of Hormuz is blocked - and at the same time it is becoming clear how dependent Europe still is on Russian supplies.

The Times of India

No public appearance, now a video: Where is Iran’s supreme leader Mojtaba Khamenei?

Iran's new Supreme Leader, Mojtaba Khamenei, has surfaced in a teaching video amid speculation about his health following his father's death. He recently called for national unity and threatened the Strait of Hormuz. US officials, including Donald Trump, have expressed uncertainty about his condition, with reports suggesting he may have…

The Independent UK

Japan's Takaichi tries to reaffirm alliance with Trump as he seeks help securing Strait of Hormuz

There appears to be some tension as President Donald Trump and Japanese Prime Minister Sanae Takaichi answer questions from White House reporters about Japan’s support for the Iran war

Kiplinger

Stocks Continue to Slide on Energy Shock: Stock Market Today

Not even "exceptional" earnings and "stellar" guidance could save one of the hottest chip stocks from the shocks of 2026.

International Business Times

The Middle East Oil Crisis Just Reached Japan's Snack Aisle and Wasabeef Is First to Go

No heavy oil, no boilers, no chips. The Middle East oil crisis is now food inflation news, and Japanese food trends may never look quite the same.

Barchart

Crude Oil Prices Erase Gains on Hopes US to Add Supplies to Oil Markets

April WTI crude oil (CLJ26 ) on Thursday closed down -0.18 (-0.19%), and April RBOB gasoline (RBJ26 ) closed up +0.0286 (+0.92%). Crude oil and gasoline prices fell back from early highs on Thursday and settled mixed, with gasoline climbing to a 3.5-year high. Escalation of the Iran war is...

Barchart

Coffee Prices Jump on Supply Disruptions

May arabica coffee (KCK26 ) on Thursday closed up +8.00 (+2.73%), and May ICE robusta coffee (RMK26 ) closed up +90 (+2.51%). Coffee prices settled sharply higher on Thursday, with arabica posting a 1-month high and robusta posting a 1-week high. The closure of the Strait of Hormuz has disrupted...

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