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The Latest Breaking News from Hormuz

As Iran mulls tariffs on Hormuz internet cables, how might the fees threaten Europe?

The move could raise connectivity costs and create greater digital vulnerability for Europe, but some experts argue that the continent has enough backup bandwidth to survive without access to the cables in the Strait of Hormuz.

Euronews

Oil Price Today (May 19): Crude oil retreats from $110 as Trump delays planned strike on Iran. Where are prices headed?

Oil prices dipped Tuesday after President Trump delayed a planned military strike on Iran, following appeals from Middle Eastern leaders. This de-escalation eased immediate concerns over global crude supply disruptions. Analysts warn that a prolonged closure of the Strait of Hormuz could still impact markets significantly.

The Economic Times

‘Remain calm’: Japan is gripped by fears of a naphtha shortage. What is it and why are people worried?

Few had heard of the crude oil-derived chemical until recently, but shortages caused by the blockade of the strait of Hormuz have led to a spike in concern

The Guardian - AU

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Free up fertiliser supplies to avert global food crisis, Yvette Cooper urges

UK foreign secretary says urgent pressure needed to get strait of Hormuz reopened and fertiliser and fuel moving

The Guardian - UK

Iran sets up Hormuz transit authority to charge ships for passage

Tehran has launched a formal body to manage and charge ships for transit through the Strait of Hormuz in a highly-contested move as tankers pile up in the waterway and peace talks remain deadlocked.

Euronews

Iran state TV says European countries in talks with Tehran for Hormuz transit

European nations are in talks with Iran regarding passage through the Strait of Hormuz. This follows similar agreements with East Asian countries. Iran has largely controlled shipping since a conflict began in February. A ceasefire is now in place. Iran is preparing a system to manage traffic, benefiting cooperating commercial…

The Economic Times

UAE to complete second oil pipeline bypassing strait of Hormuz by 2027

State oil company fast-tracks previously undisclosed project, which is expected to double export capacity

The Guardian - UK

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Here's how the Iran war is hitting key supplies for components, according to supply chain experts

The ripples span wider than you might think.

PC Gamer

Market under pressure: IT stocks face long-term headwinds as oil crisis and AI shift weigh on sentiment: Vinit Bolinjkar

Vinit Bolinjkar of Ventura Securities advises selling IT stocks. He highlights market risks from the Hormuz Strait crisis, foreign investor selling, as well as the global AI shift. Bolinjkar sees pressure on IT revenues and margins. He prefers Vodafone Idea in telecom. The consumer sector shows surprising strength this earnings…

The Economic Times

Oil Price Today (May 13): Crude oil snaps 3-day fall ahead of Trump’s China visit. What are experts saying?

Oil prices dipped after a three-day climb as investors monitored the fragile Iran ceasefire and an upcoming U.S.-China summit. The Strait of Hormuz remains effectively shut, impacting global supply and raising inflation concerns, with analysts warning of further price surges if disruptions persist.

The Economic Times

Global trade’s next top priority: Bypassing the Hormuz chokepoint

Global shipping firms are redesigning trade routes as tensions in the Strait of Hormuz disrupt supply chains, raise costs and expose the vulnerability of global commerce to geopolitical conflict.

Euronews

The battle for Hormuz risks sparking the next Iran clash

Iran is now controlling passage through the Strait of Hormuz. This new arrangement could continue even after the current conflict ends. Gulf exporters and buyers are uneasy about Iran dictating oil and gas flows. The United States opposes this shift in control. The future of the Gulf hinges on who…

The Economic Times

Peace deal hopes fade after Trump rejects 'garbage' Iran proposal

Hopes for an Iran peace deal have dimmed as President Trump stated a ceasefire is "on life support" following Tehran's rejection of a U.S. proposal. Iran presented a list of demands, including an end to the war on all fronts and compensation, which Trump dismissed. The Strait of Hormuz remains…

The Economic Times

Mass starvation looms if fertilisers can’t pass key waterway, UN warns – as it happened

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The Guardian - AU

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The Guardian - UK

The big questions hanging over the Trump-Xi meeting in China

Taiwan, tariffs and the strait of Hormuz are on the meeting’s agenda for Beijing – but will the US president be forced to ask for help in ending his war with Iran?

The Guardian - UK

Trump says ceasefire with Iran on ‘life support’ after rejecting peace proposals

US president says he is considering restarting naval escorts in strait of Hormuz in attempt to end Iranian blockade

The Times of India

Hormuz technically open for ships, but risks too high, says Indian National Shipowners’ Association chief

NEW DELHI: The Strait of Hormuz remains technically open, but commercial shipping is far from normal, according to Anil Devli, chief executive of the Mumbai-based Indian National Shipowners’ Association.

The Conversation

Iran wants oil tariffs paid in Chinese yuan – is the power of the US petrodollar in decline?

After weeks of blockades by Iran and the United States in the Strait of Hormuz, it’s clear the narrow waterway is now pivotal to the outcome of the conflict.

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The Guardian - UK

US and Iran close to temporary truce, Pakistani officials claim

Latest briefings float hope of basic deal that would keep peace and free shipping while further negotiations continue

Radio France Internationale

France positions aircraft carrier for possible mission in Strait of Hormuz

France is moving its aircraft carrier strike group towards the Red Sea as preparations gather pace for a possible French-British maritime security mission in the Strait of Hormuz.

The Guardian - US

Uncertainty looms as last oil tanker from Middle East arrives in California

With gas more than $6 in state, delivery of about 2m barrels is last planned shipment to pass through strait of Hormuz

The Guardian - UK

US fires on Iranian-flagged oil tanker as Trump gives Tehran fresh ultimatum

President tells Iran to accept deal to end war or face new wave of bombing at ‘much higher level and intensity’

Euronews

French carrier group moves south of Suez ahead of conditional UK-French Hormuz mission

The carrier’s southward move puts French air assets within range of the strait without entering the Gulf, where the US Navy has been blockading Iranian ports since 13 April.

The Guardian - AU

Macron says ‘all parties must lift the blockades’ – as it happened

This blog is now closed

International Business Times UK

Iran Launches Persian Gulf Strait Authority as Tehran and Washington Battle for Control of Hormuz

Iran has launched the Persian Gulf Strait Authority, requiring ships to register and pay tolls to transit the Strait of Hormuz, escalating tensions with the US over control of this vital waterway.

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