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The Latest Breaking News from Hormuz

Strait of Hormuz: Gulf states’ food security is at immediate risk but wider shortages could push up consumer prices globally

The Iranian regime has announced the closure of the strait of Hormuz and threatened to target ships attempting to transit the narrow waterway. Some have already been damaged. While this could seriously harm global energy supply and raise costs, the consequences actually extend far beyond these markets.

The Conversation

How one massive gas field shapes the global stakes of conflict in the Middle East

The Middle East plays a central role in global energy and therefore global markets. As tensions escalate and the strait of Hormuz, a key trade route, faces disruption, headlines assessing the wider impact of the Iranian conflict often centre on oil and gas supply.

The Conversation

European stock markets rally after report of ‘secret outreach’ by Iran to try to end war

UK’s FTSE 100 up by more than 50 points, while pan-European Stoxx 600 share index rises 1.2%

The Guardian - UK

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Trump will deploy US Navy to protect oil tankers in Middle East ‘if necessary’

The president also said he was offering government-backed risk insurance for ships passing through the Gulf region

The Independent UK

Iran Fires on the One Port Designed to Bypass the Strait of Hormuz, and Oil Markets Are Already Reacting

The recent attack on Fujairah's oil facilities highlights the escalating tensions in the Gulf, impacting global oil supply and prices.

International Business Times UK

The oil price surge is just one symptom of a supply chain network that is not fit for this age of global tensions

The escalating conflict between Iran, the US and Israel has taken a critical turn. The strait of Hormuz – one of the most important shipping routes for oil and gas – is facing significant disruption. The strait is the main route connecting Persian Gulf ports in Iran and some of…

The Conversation

Another oil tanker hit by drone boat as Strait of Hormuz tensions rise

An oil tanker has been struck near the Strait of Hormuz, marking another attack in the area that triggered an explosion and left one crew member dead.

Euronews

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Gas prices soar and oil jumps as Iran war pushes down global stock markets

QatarEnergy says it has halted production of liquefied natural gas after attacks on Ras Laffan and Mesaieed sites

The Guardian - UK

Oil price expected to surge after Iran strikes and strait of Hormuz closure

Markets around the world could tumble on Monday and motorists are likely to pay more at the pump

The Guardian - UK

What is the strait of Hormuz and why is it crucial for oil supplies?

Effective closure of the narrow waterway could spell trouble for many developed economies

The Guardian - UK

How crucial is the strait of Hormuz to the global energy market?

Although Israel and Iran's ceasefire which came into force on Tuesday removed the pending threat of the Strait of Hormuz's closure, this is not the first time that Iran has said it would block it.

Euronews

Iranian closure of strait of Hormuz would be monumental act of self-harm, says Lammy

UK foreign secretary wants Iran to return to negotiating table but refuses to endorse strikes by US and Israel

The Guardian - UK

How might the US-Iran conflict escalate? Expert Q&A

On Sunday June 22, Donald Trump announced that several of Iran’s most important nuclear facilities had been “completely obliterated” and that the country’s nuclear weapons programme had been crippled. Iran denied this and vowed to retaliate. The Iranian parliament has already given approval to closing the strait of Hormuz, a…

The Conversation

How A Strait Of Hormuz Shock Could Ignite A Surge In Energy And Defense ETFs

The Strait of Hormuz, accounting for nearly a third of the world’s oil supply, is once again under geopolitical pressure, and ETF investors are rushing to reposition.

Benzinga

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Euronews

Why the Strait of Hormuz remains critical for the global economy

This narrow shipping route in the Gulf region sees one-fifth of global oil and liquefied natural gas (LNG) passing through, fuelling a big part of the global economy. And Iran controls its northern side.

Al Jazeera

Can Iran really shut down the Strait of Hormuz?

Iran may close the vital maritime route, through which one-fifth of the world’s oil supply is shipped every day.

International Business Times UK

Strait of Hormuz Explained: The Key to Global Energy Security

The Strait of Hormuz carries 20% of global oil daily, but Iran's threats to close it amid 2025 tensions could push prices to £80 ($100) per barrel. Learn why this waterway is critical and what's at stake.

The Guardian - UK

US strikes on Iran could damage global growth, says IMF chief

Oil prices could rise if Iran goes ahead with threat to shut down shipping in the strait of Hormuz

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360info

How not to build a tourism city

Despite its aesthetic appeal, the Iranian resort Majara is poised to be a sore point among local residents.

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