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The Latest Breaking News from the Strait of Hormuz

The dollar index (DXY00 ) on Monday rose by +0.25%. The dollar moved higher on Monday amid an increase in safe-haven demand after WTI crude oil prices surged more than +4% due to the escalation of tensions in the Middle East. Also, Monday’s better-than-expected US March factory orders report supports...

Barchart

Trump says US has struck seven Iranian boats as tensions spike in Strait of Hormuz

‘We’ve shot down seven small boats,’ wrote Trump on social media

Evening Standard

Trump Says Iran Will be 'Blown Off The Face Of The Earth' If It Disrupts Passage Through Strait Of Hormuz

President Donald Trump threatened Iran on Monday as tensions in the Middle East rise again over passage through the Strait of Hormuz.

International Business Times

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Crude Oil Prices Surge as Iran Tensions Heat Up

June WTI crude oil (CLM26 ) on Monday closed up +4.48 (+4.39%), and June RBOB gasoline (RBM26 ) closed up +0.1430 (+3.98%). Crude oil and gasoline prices recovered from overnight losses and moved sharply higher on signs of heightened tensions in the Strait of Hormuz. Crude prices shot higher Monday...

Barchart

Oil Prices Spike 5% After Iran Claims Missile Strike on US Vessel Before CENTCOM Denial Rolls Markets Back

Oil prices surged after false reports of a US warship attack near the Strait of Hormuz. The US denied the claims, causing prices to stabilize. Tensions remain high in the region.

International Business Times UK

Trump again threatens entire nation of Iran saying country will be ‘blown off the face of the earth’

US president escalates threats during his ‘Project Freedom’ commercial vessel escort mission in Strait of Hormuz in latest ceasefire test

The Independent UK

The Latest: United Arab Emirates warns of Iranian attacks as US claims progress in Strait of Hormuz

U.S. forces are guiding commercial ships through the Strait of Hormuz, where hundreds have been stuck since the Iran war began

The Independent UK

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U.S. Says It Sunk Six Iranian Boats Targeting Civilian Vessels As Tensions Escalate

The U.S. said on Monday it sunk six Iranian small boats that were targeting civilian vessels in the Strait of Hormuz.

International Business Times

'Force v Geography' Trump's Project Freedom meets Iran's residual firepower

TOI Correspondent from Washington: The United States and Iran are on the verge of resuming their shooting match in the Gulf after Teheran attacked UAE with drones and missiles in response to US efforts to militarily escort scores of stranded ships in the Strait of Hormuz under what it called…

The Times of India

What to know as the US tries to open the Strait of Hormuz and a ceasefire wavers

The ceasefire in the Iran war faces its most critical moment yet as the United States begins efforts to open the Strait of Hormuz

The Independent UK

German minehunter heads to Mediterranean for possible Hormuz mission

Germany’s minehunter Fulda departed from Kiel for the Mediterranean as Berlin considers a possible future deployment in the Strait of Hormuz.

Euronews

UAE Says It Intercepted Missiles From Iran, First Since Ceasefire Began

The United Arab Emirates said on Monday that it successfully intercepted missile attacks from Iran, the first such event since the April 8 ceasefire.

International Business Times

Competing Claims Over Alleged Missile Strike Add to US-Iran Tensions in Strait of Hormuz

A news outler widely regarded as closely aligned with the Iranian state first reported that two missiles struck a U.S. warship near Jask Island after ignoring warnings

Latin Times

Crude Oil Prices Surge as Middle East Tensions Flare Up

June WTI crude oil (CLM26 ) today is up +3.18 (+3.12%), and June RBOB gasoline (RBM26 ) is up +0.1323 (+3.68%). Crude oil and gasoline prices recovered from overnight losses and moved sharply higher on signs of heightened tensions in the Strait of Hormuz. Crude prices spiked higher after Iran's...

Barchart

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International Business Times

OPEC+ Raises Oil Output As Gulf Supply Disruptions Persist Amid Iran War

OPEC+ agreed to a modest increase in oil production for June as the group continues adjusting output during a period of disrupted global supply tied to the ongoing conflict involving Iran and restricted shipping through the Strait of Hormuz.

The Independent UK

US claims it has sank six Iranian boats targeting civilian ships as Trump moves to reopen Strait of Hormuz

US Central Command later said that two US-flagged merchant vessels had crossed the strait under its guidance

Barchart

Stocks Turn Lower as Middle East Tensions Rise

The S&P 500 Index ($SPX ) (SPY ) today is down -0.35%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.75%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.23%. June E-mini S&P futures (ESM26 ) are down -0.44%, and June E-mini Nasdaq futures...

Barchart

Dollar Supported by Renewed Iran Tensions

The dollar index (DXY00 ) today is up +0.19%. The dollar is receiving support today on an increase in safe-haven demand after crude oil prices gained when Iran's FARS news agency claimed that two missiles had hit a US warship after it had ignored warnings from entering the Strait of...

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Barchart

Stocks Mixed on Middle East Tensions and Solid Corporate Earnings

The S&P 500 Index ($SPX ) (SPY ) today is down -0.04%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.42%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.19%. June E-mini S&P futures (ESM26 ) are down -0.05%, and June E-mini Nasdaq futures...

Euronews

Dubai residents take shelter as UAE intercepts Iranian missile and drone strike

Euronews journalists reported hearing explosions from air defence intercepts above Dubai after a missile alert on Monday, as the UAE said Iran struck an ADNOC-linked tanker in the Strait of Hormuz.

Reason

Project Freedom

Plus: Rudy Giuliani hospitalized, rules relaxed for foreign physicians, cities without children, and more...

Fortune

Battle for Hormuz begins as U.S. military fights off Iranian attacks while seeking to break regime's grip on ship traffic through strait

Central Command chief Adm. Brad Cooper said Monday that U.S. forces destroyed six Iranian small boats and intercepted Iranian cruise missiles and drones.

International Business Times

Oil Rises Amid Conflicting Information About Ships Crossing Through The Strait of Hormuz

Oil prices rose on Monday amid conflicting reports about whether U.S. ships were struck by Iranian forces after the U.S. said it would provide guidance to vessels so they could cross the Strait of Hormuz.

Evening Standard

US denies Iranian claim of missile strike on warship amid Strait of Hormuz standoff

US Central Command denied the claim that a warship was hit by two missiles, as US forces look set to begin ‘Project Freedom’

International Business Times

U.S. Rejects Claims From Iranian Media That Tehran Forces Hit a Navy Ship Near Strait Of Hormuz

The U.S. is rejecting claims from Iranian media claiming that Tehran forces struck a Navy ship near the Strait of Hormuz after Trump said vessels would provide guidance to cross the Strait of Hormuz.

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