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The Latest Breaking News from Hormuz

Marco Rubio Says Iran Won't Be Able To Control The Strait Of Hormuz: 'Will Never Be Allowed To Happen'

Secretary of State Marco Rubio said Iran won't be able to control the Strait of Hormuz, a key waterway through which about 20% of the global energy goes through, after officers in Tehran said they intend to.

Latin Times

Trump is impotently railing against the US’s allies. Albanese is right to avoid the president’s global catastrophe

The Australian government has little option but to live with Iranian control of the strait of Hormuz and counsel its once great friend to employ what’s left of its diplomatic brain

The Guardian - AU

The maritime passages with a chokehold on the global economy

The war in the Middle East has put the Strait of Hormuz in the spotlight. It is one of the world's maritime "choke points" – narrow passages on which global trade depends, putting them at the centre of geopolitical tensions.

Radio France Internationale

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Watch: US President calls it ‘Strait of Trump,’ then says it wasn’t an accident

US president Trump playfully referred to the Strait of Hormuz as the "Strait of Trump" during a Miami speech, drawing laughter. The comment comes amid heightened tensions over the critical oil shipping route, which Iran has the ability to disrupt. Trump's remarks align with his history of branding and a…

The Times of India

Yemen’s Houthis launch first attack on Israel since outbreak of conflict, as Rubio says war to end in ‘weeks’

Missile fired from Yemen the first since the Iran war began and came hours after the US secretary set a new timeline for the conflict

The Guardian - UK

Thanks to Donald Trump solving a problem that didn’t exist, Iran’s now raking in millions at Hormuz

From 110 ships a day to fewer than 10. Mission accomplished, I guess.

We Got This Covered

A war of regression: how Trump bombed the US into a worse position with Iran

Analysts fear Iran has played a weak hand well and the US has blundered into a defining strategic failure

The Guardian - UK

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IRGC naval commander killed in Israeli strike was hardliner who understood power of strait of Hormuz

Alireza Tangsiri oversaw technology now used to threaten strategic waterway and goaded Trump to attack oil-export hub Kharg Island

The Guardian - UK

How the war in Iran is already affecting UK farmers and food production

The conflict in Iran and the disruption to the strait of Hormuz are already starting to affect UK farmers. The closure of this vital shipping route threatens supplies of two essential agricultural necessities: fuel and fertiliser.

The Conversation

‘Tehran’s tollbooth’: a visual guide to how a trickle of ships still passes through strait of Hormuz

Many of the vessels willing to make the crossing are taking an alternative route through Iranian waters

The Guardian - UK

Iran’s move to toll Hormuz would take massive toll on NZ

Comment: The prospect of only approved countries being able to use the vital Strait of Hormuz highlights the importance of the geopolitics that is asserting itself over markets in the fuels crisis, writes Simon Terry.

Newsroom.co.nz

Inside the Viral 'Lord of the Straits' Video: Iran's Message and the Online Reaction

A viral Iranian animation highlights the Strait of Hormuz crisis, showing geopolitical risks and the potential global oil supply shock.

International Business Times UK

Oil Prices Crash: Brent Crude Drops Below $100 As Trump Teases 'Bombshell' Iran Peace Deal

Brent crude briefly slipped below $100 a barrel after Donald Trump claimed a 'bombshell' peace deal with Iran was within reach and Tehran signalled limited safe passage through the Strait of Hormuz.

International Business Times UK

Iran war threatens to delay large offshore wind projects in EU and UK

Industry fears strait of Hormuz closure could disrupt shipping of crucial parts for UK and German North Sea projects

The Guardian - UK

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The Times of India

Hormuz is a trailer. Malacca is China’s real nightmare — and India knows it

The Strait of Hormuz crisis highlights global maritime vulnerabilities. For China, the Strait of Malacca presents a similar, long-term strategic risk. India's Andaman and Nicobar Islands offer proximity and surveillance capabilities, providing significant leverage. This geographical advantage allows India to create uncertainty and pressure, impacting China's vital trade and energy…

The Guardian - UK

Europe could face fuel shortage by April as Iran throttles supplies, says Shell boss

Wael Sawan warns of pressure on diesel and petrol if strait of Hormuz does not reopen to oil and gas shipping

Fortune

Goldman raises recession odds to 30% on higher inflation, lower GDP outlook as oil prices surge

Goldman said it expected six weeks of Hormuz disruption, with Brent crude averaging $105 per barrel in March and $115 in April before retreating to $80.

Fortune

Iran, the $39 trillion national debt and dedollarization: How Trump exposed America's Achilles Heel in Hormuz

With the national debt at $39 trillion and dollar dominance already at a 30-year low, the petrodollar system is more visible—and threatened—than ever.

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The Times of India

Weaponising Strait of Hormuz is 'economic terrorism': UAE minister warns of global fallout

Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC) said on Monday that weaponising the Strait of Hormuz is an act of 'economic terrorism' while highlighting the global consequences that affect far…

Kiplinger

Dow Adds 631 Points as Hormuz Vise Eases: Stock Market Today

Price action up and down and all over the world is being driven by the president of the United States in unprecedented ways these days.

The Guardian - UK

Surprise US talks with Iran’s fractured leadership offer uncertain path out of conflict

Speaker Mohammad Bagher Ghalibaf at first dismissed talks took place, insisting Trump’s claim was ‘fake news’ designed to soothe markets

Fortune

Chevron's CEO says oil prices are still too low—and the effects of the Strait of Hormuz closure are not 'fully priced in'

“Physical supply changes don’t respond immediately,” said Wirth. “Even when strait reopens at some point, it will take time.”

The Independent UK

Trump proposes extraordinary ‘joint leadership’ of Iran alongside ayatollah

The US president made the bizarre suggestion when speaking to reporters that both he and ‘the new ayatollah’ could also control the Strait of Hormuz

The Guardian - UK

‘Stop this savage being’: Iranians fear postponed Trump attack is merely disaster delayed

Some inside Iran believe threat was designed to divert attention from desire to seize islands in strait of Hormuz

International Business Times UK

Kevin O'Leary Predicts the Strait of Hormuz Crisis Will be Resolved in The Next 30 Days

Kevin O'Leary discusses the potential resolution for the Strait of Hormuz blockade and its impact on global oil prices and the US economy.

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