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The Latest Breaking News from the Strait of Hormuz

‘Ignored repeated warnings’: Iran fires on container ship in Strait of Hormuz

Iran's Revolutionary Guard fired on a container ship in the Strait of Hormuz, causing significant damage to its bridge. While Iran claims the vessel ignored warnings, the UKMTO reported no prior alert. This incident escalates regional maritime tensions, following recent US seizures of Iranian vessels and ongoing disputes over naval…

The Times of India

Ships fired upon as Iran claims it is ‘lawfully enforcing’ control over Strait of Hormuz

The attacks come after the US seized an Iranian container ship at the weekend

The Independent UK

Iran-US war latest: Tehran calls opening Strait of Hormuz ‘impossible’ as US navy chief steps down

US blockade of Iran’s ports choking economy, White House says, as President Trump suggests peace talks could restart

The Independent UK

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‘No deal if Hormuz reopens’: Trump extends ceasefire, claims Iran losing $500 million a day

President Trump extended a ceasefire with Iran, maintaining a blockade of the Strait of Hormuz. He stated Iran is suffering significant financial losses and must present a unified proposal for talks to advance. This decision followed a request from Pakistan's military chief and Prime Minister.

The Times of India

These shocks to Australia’s food system won’t be the last. Will it learn in time for the next one?

News of a fragile ceasefire has done little to calm anxieties about the Strait of Hormuz, where Iran has choked shipping and the United States has responded with a targeted maritime blockade.

The Conversation

China's Molten Salt 'Energy Fortress' Built For Oil Shortages Like The One The World Is Experiencing: Report

China's Jinta molten salt energy tower stands as an "energy fortress" designed to help the country absorb the oil shock caused by the tensions surrounding the Strait of Hormuz.

International Business Times

Citi Says Oil Prices Could Surge to $130 A Barrel if Strait of Hormuz Remains Closed

Citi analysts warned of how quickly the oil market could tighten if the Strait of Hormuz does not fully reopen soon, noting that crude could climb as high as $130 a barrel.

International Business Times

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Crude Oil Prices Rally as US-Iran Talks on Hold

May WTI crude oil (CLK26 ) on Tuesday closed up +2.52 (+2.81%), and May RBOB gasoline (RBK26 ) closed up +0.0930 (+2.98%). Crude oil and gasoline prices recovered from early losses on Tuesday and moved sharply higher as Iran has yet to confirm its attendance at further talks in Pakistan...

Barchart

Nat-Gas Prices Recover on Carry Over Support from Crude Oil

May Nymex natural gas (NGK26 ) on Tuesday closed up +0.008 (+0.30%). Nat-gas prices on Tuesday erased early losses and moved higher as a rally in crude oil prices, driven by the continued closure of the Strait of Hormuz, sparked short-covering in nat-gas futures. Nat-gas prices initially moved lower on...

Barchart

Gulf Evacuation Warning: 'Time Is Running Out' as Iran Adviser Urges Immediate Exit From UAE, Saudi Arabia, Qatar, Bahrain and Kuwait

A social media post urging evacuation from Gulf nations has caused concern, despite no official directives. The warning highlights the strategic importance of the Strait of Hormuz.

International Business Times UK

Crypto Scammers Exploit Strait Of Hormuz Disruption With Fake Shipping Clearance Scheme

Maritime security warnings are raising alarms about a coordinated scam campaign exploiting instability in the Strait of Hormuz by impersonating official transit authorization systems.

International Business Times

Crude Oil Prices Climb as US-Iran Ceasefire Set to Expire on Wednesday

May WTI crude oil (CLK26 ) today is up +3.56 (+3.97%), and May RBOB gasoline (RBK26 ) is up +0.0682 (+2.19%). Crude oil and gasoline prices recovered from early losses today and moved sharply higher as Iran has yet to confirm its attendance at further talks in Pakistan with the...

Barchart

US military ‘raring to go’ if Iran talks fail, says Donald Trump

Negotiations hang in the balance amid the ongoing tense stand-off in the Strait of Hormuz that continues to disrupt shipping.

Evening Standard

Qatar backs ceasefire as uncertainty surrounds US-Iran peace talks in Islamabad

Qatar has urged diplomacy on Tuesday as uncertainty surrounds US-Iran talks, warning prolonged tensions risk wider global fallout, particularly if disruption in the Strait of Hormuz affects energy flows and markets.

Euronews

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International Business Times

Chinese President Xi Jinping Makes Direct Comment on Strait of Hormuz

Chinese President Xi Jinping directly addressed the issue involving the Strait of Hormuz, urging the US and Iran to keep it open.

The Conversation

Who is calling the shots in Iran?

Following the last round of talks between the United States and Iran in Islamabad, Iran’s foreign minister and negotiator Abbas Araghchi declared in a post on X on April 17 that the Strait of Hormuz was “completely open”. This came after he also signalled that his government could be flexible…

Euronews

Timelapse footage shows maritime traffic around Gulf, Straight of Hormuz

The passage of ships through the Strait of Hormuz - the world's busiest oil shipping canal - has been severely disrupted amid the US-Israeli war with Iran. Timelapse footage shows maritime traffic in the Gulf and Strait of Hormuz from April 18 to April 20, amid a fragile US-Iran truce.

The Independent UK

Iran-US war latest: Trump extends ceasefire and blasts Tehran in Truth Social posts after it backs away from talks

US president vows to continue blockading Iranian ports as Tehran refuses to send negotiators to Pakistan talks

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AAP

Aussie shares flat as Mideast ceasefire deadline looms

The local bourse finished basically unchanged for a third straight session ahead of a deadline to extend a ceasefire between Iran and the US.

Reason

Can New York Survive Mamdani's Tax Plan?

Plus: Trump orders psychedelic drug research, Palantir calls for national service, and confusion surrounds Iran and the Strait of Hormuz.

Barchart

Dollar Weakens on Hopes US-Iran Peace Talks to Resume

The dollar index (DXY00 ) on Monday fell by -0.05%. The dollar gave up an early advance on Monday and turned lower after the New York Post reported that Vice President Vance is on his way to Pakistan for talks with Iran, and that President Trump is open to meeting...

Barchart

Crude Oil Prices Sharply Higher as Middle East Peace Efforts in Limbo

May WTI crude oil (CLK26) on Monday closed up +5.76 (+6.87%), and May RBOB gasoline (RBK26 ) closed up +0.1120 (+3.73%). Crude oil and gasoline prices settled sharply higher on Monday after Iran on Saturday said the Strait of Hormuz was closed for shipping following a refusal by the US...

International Business Times

Experts Warn Against 'Glass Half-Full' Perspective About Investing Through Iran War

Experts are warning that investors might be misreading the latest turns in the Iran war, including a brief reopening of the Strait of Hormuz on Friday with a "glass half-full view," according to a new report.

Barchart

Cocoa Prices Sharply Higher on Concerns Over Supply Disruptions

May ICE NY cocoa (CCK26 ) on Monday closed up +112 (+3.52%), and May ICE London cocoa #7 (CAK26 ) closed up +80 (+3.34%). Cocoa prices rose sharply on Monday amid concerns over global supply disruptions after Iran on Saturday said the Strait of Hormuz was closed to shipping following...

Barchart

Concerns Over Global Supply Disruptions Lift Coffee Prices

May arabica coffee (KCK26 ) on Monday closed up +2.90 (+1.00%), and May ICE robusta coffee (RMK26 ) closed up +94 (+2.77%). Coffee prices settled higher on Monday after Iran said on Saturday that the Strait of Hormuz was closed to shipping following the US refusal to lift a naval...

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