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The Latest Breaking News from the Strait of Hormuz

Crude Oil Prices Tumble on Hopes for an End to the War in the Middle East

May WTI crude oil (CLK26 ) today is down -1.62 (-1.60%), and May RBOB gasoline (RBK26 ) is down -0.0787 (-2.46%). Crude oil and gasoline prices are sharply lower today amid mounting optimism that the war in the Middle East is nearing an end. Crude prices remained lower after weekly...

Barchart

'Not just straits, also focus on gays of Hormuz': No Kings protesters' bizarre comments go viral

Street interviewer Lionel, known online as No Cap On God, went to the "No Kings" protests with a microphone and a straight face. What he came back with was something else entirely.

The Times of India

‘You weren’t there for us’: So Donald Trump helps Iran choke off the Strait of Hormuz, and now he’s telling the world to figure out their own oil supply

Trump has his own oil problems to worry about.

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Oil Price Predictions Surge to $200 a Barrel as the Strait of Hormuz Blockage Drags On

Discussion of a recent analyst perspective on the price of oil increasing.

Barchart

The Strait of Hormuz Crisis Isn't Ending Anytime Soon. 3 Charts I'm Watching to Determine What Comes Next.

The crisis in the Strait of Hormuz is like a hurricane that has been wreaking havoc over the global economy. Is the storm about to blow over?

Barchart

‘We depend very little on it’: Rubio non-committal on US helping reopen Strait of Hormuz

Marco Rubio has said that the US is not concerned about the closure of the Strait of Hormuz, which normally accounts for around a fifth of the world’s oil trade.

The Independent UK

'Iran has asked for ceasefire': Trump claims new regime 'less radical', says no deal till Hormuz is free; Tehran reacts

Donald Trump claimed Iran sought a ceasefire, attributing it to a "less radicalized" new president, but linked any consideration to the Strait of Hormuz reopening. Iran's foreign ministry denied the ceasefire claim. Trump also suggested a swift US exit from the conflict and questioned NATO's relevance, urging allies to secure…

The Times of India

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US Will Be 'Done in Iran' in 2-3 Weeks, Shifts Strait of Hormuz Duty—'Countries That Rely on it Must Step Up'

President Donald Trump has announced the US military could be 'done' in Iran within three weeks. He has ordered allies to secure the Strait of Hormuz and warned the UK to 'fight for yourself'.

International Business Times UK

Iran eyes $80bn windfall with Strait of Hormuz toll plan

As Iran explores potentially imposing a fee on vessels crossing the Strait of Hormuz, officials in Tehran estimate the move could generate significant revenue. According to Iran International, Yahya Al-e Es’hagh, head of the Iran-Iraq Joint Chamber of Commerce, suggested Tehran could theoretically generate between $70 billion and $80 billion…

The Times of India

UAE Reportedly Preparing To Join The War And Help The U.S. Reopen The Strait Of Hormuz

The United Arab Emirates is getting ready to join the war in Iran to help the U.S. reopen the Strait of Hormuz and guarantee navigation through the key waterway, according to a new report.

International Business Times

Inside the island home to Iran’s underground missile fortress in the Strait of Hormuz

IN FULL

The Independent UK

US to reconsider relations with NATO over Iran, Rubio warns echoing Trump threat

The United States is reassessing its role in NATO citing disappointment with European allies. EU leaders have stressed they will help in the Strait of Hormuz once hot phase of war is over, but insist NATO is a defensive alliance.

Euronews

Trump considers pulling US out of 'paper tiger' NATO

Meanwhile, British Prime Minister Keir Starmer said the UK would host a meeting of about 35 countries to discuss reopening the Strait of Hormuz, which has been crippled by the Iran war.

Euronews

Donald Trump's Iran Address: White House Confirms Major Security Update Following Toll Threats

President Trump prepares a key address on Iran as Tehran restricts shipping through the Strait of Hormuz, threatening global oil supplies and raising the risk of escalation.

International Business Times UK

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International Business Times UK

Oil Prices Plunge as Donald Trump Announces US Forces Will Leave Iran Within Weeks

Oil prices whipsawed around $100 a barrel after Donald Trump said US forces could leave Iran within weeks, despite the Strait of Hormuz remaining largely shut. Traders are now trying to square the president's upbeat timeline with escalating attacks and a deepening regional supply shock.

The Times of India

'Not our war': UK PM to host multi-nation meeting on Hormuz crisis; backs Nato after Trump's 'paper tiger' jibe

Prime Minister Keir Starmer affirmed Britain will not join the Middle East conflict, deeming it "not our war" and not in the UK's national interest. He announced a meeting of 35 countries to discuss reopening the Strait of Hormuz and ensuring maritime security, aiming to mitigate economic fallout and rising…

Evening Standard

Iran war will affect future of UK but we are well-placed to weather storm – PM

Foreign Secretary Yvette Cooper will host a meeting of international leaders to assess options to reopen the Strait of Hormuz.

Axios

Oil's worst-case scenario: $200 if Hormuz remains closed

It could become a reality if the Iran war ends without reopening the strait.

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The Independent UK

First sea lord admits Royal Navy is not ready for war

General Sir Gwyn Jenkins says Royal Navy will not be war-ready until the end of this decade

Evening Standard

Starmer says he won't be bullied by US as Trump threatens to quit NATO

Trump says removing the US from the defence pact is now ‘beyond reconsideration’

The Times of India

Will UAE enter Iran war? Abu Dhabi pushes US, allies to reopen Strait of Hormuz by force

The UAE is reportedly considering military intervention against Iran, a significant shift from its previous neutral stance. Repeated Iranian attacks and the disruption of the vital Strait of Hormuz have pushed Abu Dhabi to explore options, including supporting US-led efforts to reopen the oil route. This move carries substantial risks…

Evening Standard

'Brexit did deep damage': Keir Starmer vows closer ties with Europe amid Iran war cost of living crisis

The Prime Minister insisted he would not change his position on Britain's involvement with the US-Israeli war against Iran despite “pressure” from Donald Trump

The Independent UK

Starmer to update on cost of living as Iran conflict pushes diesel tank to £100

Prime Minister Sir Keir Starmer is due to speak at a press conference later on Wednesday morning.

International Business Times UK

Donald Trump Says US Will 'Leave Very Soon' and Officials Admit Strait of Hormuz Reopening Isn't Guaranteed

US President Trump says US forces may leave Iran soon, while officials warn reopening the Strait of Hormuz is not guaranteed

Fortune

Controlling the Strait of Hormuz is the top priority in Iran and Trump may abandon it. Here’s what that would look like

Ceding control of the Strait of Hormuz would represent a U.S. defeat worse than Vietnam, one critic said.

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