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The Latest Breaking News from the Strait of Hormuz

Corn Claws Back Off Lows into Tuesday’s Close

Corn futures closed the Tuesday session with 1 to 3 cents losses across most contracts. The CmdtyView national average Cash Corn price was down 1 1/4 cents to $4.09 3/4. Crude oil was down $8.38 on the day as the US began escorting vessels through the Strait of Hormuz, though...

Barchart

Why shadow tankers are the only ships still moving through the Strait of Hormuz

The Strait of Hormuz is effectively closed. Since the beginning of the conflict involving the United States, Israel and Iran on Feb. 28, 2026, oil tanker traffic through the world’s most critical oil shipping choke point has collapsed, dropping by more than 90%.

The Conversation

US sinks 16 Iranian mine-laying ships after Trump ramps up threats over Strait of Hormuz

The Strait of Hormuz is a waterway bordered in the north by Iran that carries about a fifth of the world’s oil supply

The Independent UK

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Iran is reportedly laying mines in the Strait of Hormuz—Trump threatens to hit back '20 times harder'

Trump threatened Iran with "military consequences at a level never seen before" after U.S. intelligence found indications the country may be preparing to mine the world's most critical oil chokepoint, CBS reported.

Fortune

Strait Talk: How To Play Oil Volatility Right Now as the Strait of Hormuz Shakes Stocks

Oil is doing something I haven't seen it do in a long time. Here's what it means and how to profit.

Barchart

Middle East conflict is pushing oil prices higher — and most Canadians will feel the costs

Since American and Israeli missiles began striking Iran, global oil prices have jumped sharply. The conflict has resulted in the disruption of tanker traffic through the Strait of Hormuz, which carries about one-fifth of the world’s oil shipments.

The Conversation

US Navy has not escorted a tanker through Strait of Hormuz but...: White House clarifies energy secretary's deleted post

White House spokesperson Karoline Leavitt Tuesday clarified that US Navy did not escort a tanker through the Strait of Hormuz at this time but added that it remains an option that the president will utilize if and when necessary. Hours before Leavitt's press conference, US energy secretary Chris Wright claimed…

The Times of India

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Trump Warns US Will Retaliate Against Iran '20 Times Harder' If It Halts Oil Flow Through Hormuz Route

President Trump warns that any attempt by Iran to halt oil shipments through the strategic Strait of Hormuz will trigger a US retaliation '20 times harder,' raising global concerns over oil markets and energy security.

International Business Times UK

Any country can sail through the Strait of Hormuz freely, but Iran’s offer comes with a jaw-dropping catch

Iran just gave the world an ultimatum.

We Got This Covered

Iranian Official Issues Ominous Threat to Trump: 'Lest You Be The Ones to Vanish'

A high-ranking Iranian official issued an ominous threat to President Trump in a post on X.

International Business Times

Iran war shocks continue to ripple through the global economy

The Iran war is driving up energy and fertiliser prices, threatening food shortages in poor countries, destabilising fragile states and complicating inflation control at central banks worldwide.

Euronews

How the US–Iran War Is Impacting India’s Oil, LPG and LNG Supply: 10 Key Points

Oil, LPG and LNG form the backbone of India’s rapidly growing economy. However, the ongoing tensions in West Asia and the closure of the Strait of Hormuz, a key global maritime oil route, have created disruptions in energy supplies. The conflict involving the United States, Israel and Iran has intensified…

Whats Hot

Is Crude Oil Price Going Down Soon Amidst Iran Conflict? Trump Declares 'War Is Almost Over'

Oil prices surged amid Iran conflict fears but fell after Donald Trump said the war could end soon, easing concerns about supply disruptions in the Strait of Hormuz.

International Business Times UK

Trump threatens to unleash ‘death, fire and fury’ on Iran if it meddles with flow of oil in Middle East

The post marked Trump’s latest attempt to boost marine traffic through the Strait of Hormuz where its effective closure has sent crude oil prices spiraling past $110 per barrel

The Independent UK

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International Business Times UK

Iran Offers Any Country a Free Pass Through the Strait of Hormuz With One Terrifying Condition

Iran's says vessels can safely transit the Strait of Hormuz only if their governments expel US and Israeli diplomats. The ultimatum arrives as military strikes continue, undercutting US President Donald Trump's claims of an imminent end to the conflict.

International Business Times UK

Trump Tells Oil Tanker Crews to 'Show Some Guts' Through Strait of Hormuz as Iran Conflict Sends Oil Prices Past $100

President Trump encourages oil tankers to resume operations through the Strait of Hormuz despite safety concerns, as global oil prices surge.

Axios

Why the Strait of Hormuz is so difficult to defend

The narrow waterway concentrates traffic into predictable corridors for Iran to target adversaries.

Radio France Internationale

Macron announces 'defensive' mission to reopen Strait of Hormuz

President Emmanuel Macron on Monday warned that an attack on Cyprus was an attack on all of Europe and said France and its allies were preparing a "defensive" mission to reopen the Strait of Hormuz as the Middle East war entered its second week.

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The Times of India

Donald Trump urges tankers to ‘show some guts’ in Strait of Hormuz as oil prices surge

President Trump urged tanker crews navigating the Strait of Hormuz to "show some guts," asserting that Iran's naval capabilities have been significantly diminished. He stated there is "nothing to be afraid of" as global oil prices surged over $100 per barrel due to fears of supply disruptions.

Euronews

Why blocking Hormuz could threaten the world's food supply

While most of the world is focused on the impact of oil disruptions in the Strait of Hormuz, the current blockade could also pose long-term risks to the global food supply.

International Business Times

Key Factor of Iran War is Plunging World Economy Into Unprecedented Energy Crisis, Analyst Says

Experts are warning that the world is headed for an unprecedented energy crisis due to the Iran war and threats to shipping in the Strait of Hormuz.

Euronews

European Commission plans energy price relief for struggling industries

EU leaders are considering reviewing taxes, electricity network charges and carbon costs tied to energy prices as a quick fix for struggling industries as attacks on the Strait of Hormuz send markets reeling.

International Business Times UK

'A Good Thing' — Leavitt Defends Spiking Gas Prices on Fox News Even as Brent Crude Hits $84 a Barrel

White House press secretary Karoline Leavitt defends rising petrol prices in the US, citing the Iran conflict as a temporary disruption for long-term energy market benefits

Fortune

'Nightmare scenario' looms as global markets head for the biggest oil output disruption in history, top energy guru warns

“The fear? That this will result in skyrocketing energy prices that send the world economy plummeting into a deep recession.”

AAP

Minister tight-lipped on Middle East military request

Australia is considering whether to send resources to the Middle East to protect against Iranian attacks, but officials are yet to reveal key details.

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