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The Latest Breaking News from the Strait of Hormuz

22k gold rate today: Check 24k, 22k, 18k gold prices (May 26, 2026) at IBJA, Tanishq, Joyalukkas, Malabar Gold & Diamonds and Kalyan Jewellers

Gold rate today: Gold prices saw a dip on May 26, 2026, as diplomatic talks between the US and Iran over the Strait of Hormuz offered hopes for a peace agreement. This followed recent US-Iran strikes, influencing market sentiment.

The Economic Times

UK prepares mine-sweeper for Hormuz as part of wider Franco-British coalition

The United Kingdom is preparing a mine-sweeping mission to help reopen the Strait of Hormuz, as part of a wider Franco-British coalition that would move in once a peace deal ends the Iran war and commercial shipping returns.

Radio France Internationale

Why US struck Iran amid shaky ceasefire: 10 things to know about the 'self-defence' strikes

US forces struck Iranian missile sites and boats near the Strait of Hormuz. This happened during peace talks aimed at ending a three-month conflict. Iran accused the US of a war crime. Reports mentioned explosions and fatalities on Larak Island. Discussions continue on reopening the Strait of Hormuz and Iran's…

The Times of India

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Rubio says Iran deal still possible despite US strikes; Hormuz Strait ‘must be open’

US Secretary of State Marco Rubio indicated a deal with Iran is still achievable. Talks are ongoing in Qatar. The US also remains ready to help mediate the Russia-Ukraine conflict. Recent strikes have raised concerns but diplomatic efforts continue. The Strait of Hormuz must remain open for global energy.

The Economic Times

Oil Price Today (May 26): Crude oil nears $100 as US strikes southern Iran. What are experts saying?

Oil prices saw a jump on Tuesday. This followed U.S. military strikes in southern Iran. Tensions remain high as a deal to end the conflict appears uncertain. Iran has disrupted shipping through the Strait of Hormuz, impacting global energy flows. Discussions are ongoing for a potential agreement. Analysts warn of…

The Economic Times

Brent rises nearly 2% as US military strikes Iranian boats, missile launch sites

Oil prices surged as U.S. forces conducted strikes in southern Iran. This action has heightened market concerns amid ongoing negotiations to end a protracted war. Talks are progressing on a potential deal to allow safe passage through the Strait of Hormuz. Traders are anticipating a breakthrough that could free up…

The Economic Times

What can happen to Iran’s enriched uranium? Trump lays out options for turning it into 'nuclear dust'

US forces conducted 'self-defense' strikes on Iranian missile sites and boats near the Strait of Hormuz, escalating tensions despite ongoing diplomatic talks. President Trump warned Iran on enriched uranium, demanding its surrender or destruction. Iran condemned the strikes as a 'war crime,' accusing the US of targeting civilians. Peace negotiations…

The Times of India

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Proposed US-Iran pact to reopen Hormuz, end Iranian transit charges: Report

The United States and Iran are discussing a plan that would open the Strait of Hormuz roughly 30 days after the two sides reach a deal to end hostilities, a Middle East diplomatic source told Nikkei on Monday.

The Times of India

A scorching Asian summer will add to risk of surging gas prices

Global gas markets are on edge as the Strait of Hormuz remains largely closed. Traders are watching China and weather forecasts closely. Hotter summers in Asia, potentially fueled by El Niño, will increase air conditioning use. This could boost demand for liquefied natural gas, especially from China, leading to fiercer…

The Economic Times

Global Market Today: Asian stocks pare gains, oil climbs on Iran attack report

Asian stocks saw gains moderate as US strikes in Iran overshadowed optimism for a potential deal. Crude oil advanced, reversing earlier declines, amid uncertainty over the Strait of Hormuz reopening. While progress in talks is noted, key issues like Iran's nuclear program and frozen assets remain sticking points, keeping markets…

The Economic Times

Markets rejoice as deal to reopen Hormuz nears, but U.S. forces conduct 'self-defense strikes' on Iranian missile sites and boats laying mines

“U.S. forces conducted self-defense strikes in southern Iran today to protect our troops from threats posed by Iranian forces."

Fortune

US carries out ‘self-defense’ airstrikes on Iran threatening fragile ceasefire

The strikes targeted missile launch sites and mine-laying boats in the Strait of Hormuz

The Independent UK

Iran Appears to Troll Trump by Waiving Strait of Hormuz Toll, But Warns of Other Fees

Iran will not impose tolls on the Strait of Hormuz but suggests new service-related charges, amid ongoing US negotiations.

International Business Times UK

Why are oil prices crashing down today, and will Brent and US WTI crude futures continue to decline or move upwards again? Oil market reacts to US-Iran peace deal hopes

Why are oil prices crashing down today, and will Brent and US WTI crude futures continue to decline or move upwards again? Oil prices dropped nearly 7% after reports suggested the United States and Iran were moving closer to a deal linked to the Strait of Hormuz. Brent crude and…

The Economic Times

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The Economic Times

What we know and don't know about emerging deal to end Iran war

America and Iran are close to a deal to end their war and reopen the Strait of Hormuz. Negotiations are progressing well, with a potential agreement on ending the conflict and allowing global shipping. Iran would give up its enriched uranium stockpile. Sanctions relief and frozen funds would be negotiated.…

International Business Times

Oil, LNG Tankers Exit Strait of Hormuz As Shipping Shows Signs Of Recovery

Fresh tanker movements through the Strait of Hormuz offered a rare sign of activity in a shipping corridor that normally handles about a fifth of the world's oil trade.

International Business Times UK

Why Are MAGA Republicans Turning on Donald Trump Over Iran?

Donald Trump faces growing criticism within the Republican Party over negotiations with Iran, with divisions emerging over whether to maintain pressure on Tehran or pursue a diplomatic resolution, a split that could shape US foreign policy and regional security.

PC Gamer

I solved the Strait of Hormuz crisis with videogames, simply by creating an even bigger Strait of Hormuz crisis

Put me in for the FIFA peace prize.

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Euronews

Iran delegation in Qatar seeks deal on frozen assets and Hormuz blockade

A high-level Iranian delegation led by parliament speaker Mohammad Bagher Ghalibaf, FM Abbas Araghchi and central bank chief Abdolnaser Hemmati arrived in Doha on Monday to discuss US accords and the unfreezing of blocked assets, according to anonymous sources familiar with the talks.

International Business Times

Oil Plunges On Renewed Hopes Of U.S.-Iran Deal That Reopens Strait Of Hormuz

Oil is plunging on Monday on renewed hopes the Strait of Hormuz will be reopened.

The Conversation

Trump’s ‘largely negotiated’ truce with Iran exposes a deeper crisis in U.S. strategic thinking

United States President Donald Trump has announced via social media that a peace deal with Iran has been “largely negotiated.” While Trump and his allies have been trumpeting the agreement for days, details are vague, and Iranian authorities insist the two parties have yet to reach a formal deal.

The Economic Times

Iran's deputy foreign minister dials Vikrim Misri to discuss West Asia situation

India's Foreign Secretary Vikram Misri spoke with Iran's Deputy Foreign Minister Majid Takht Ravanchi. Discussions covered regional developments and bilateral cooperation. This follows US Secretary of State Marco Rubio's statement on progress in US-Iran talks. The Strait of Hormuz reopening is a key focus. Iran's nuclear program and control over…

International Business Times UK

Oil Prices Plunge 5% As Donald Trump Teases Historic 'Constructive' Iran Peace Deal

Oil prices fell by 5% following Donald Trump's remarks on constructive talks with Iran over the Strait of Hormuz, despite no concrete deal being reached yet.

The Economic Times

Parliamentary panel members grill Oil ministry officials over 'shortage' of petrol, LPG

Parliamentary panel members questioned Oil Ministry officials about petrol and diesel shortages. Officials confirmed crude oil stocks for 78 days. Thirteen Indian ships remain stranded in West Asia due to the Strait of Hormuz closure. The government is working to ensure no shortages, but war uncertainty persists. Fertiliser availability is…

The Economic Times

Iran's top envoys discussing potential peace deal with Qatar prime minister, official says

Iran's top negotiator and foreign minister met Qatar's prime minister in Doha for talks with the US. Discussions centered on a potential deal to end the ongoing war. Key topics included the Strait of Hormuz and Iran's nuclear material. The US expressed cautious optimism for diplomacy.

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