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The Latest Breaking News from the Strait of Hormuz

The Bank of England is expected to keep interest rates on hold as it weighs the impact of Iran war

The Bank of England is expected to announce it's keeping interest rates on hold as policymakers assess the economic impact of the Iran war and Tehran’s effective closure of the Strait of Hormuz, through which a fifth of the world’s crude passes in peacetime

The Independent UK

Iran mocks Trump over rising oil price as it skyrockets past $125: ‘Next stop $140’

Trump is slated to receive a briefing on plans for a series of military strikes on Iran in hopes it will return to negotiations

The Independent UK

US to attack Iran again? 'Short and powerful' wave of strikes may be in store

US Central Command has developed plans for swift, impactful strikes on Iran, targeting key infrastructure to pressure Tehran in nuclear negotiations. President Trump will be briefed on these and other military options, including controlling parts of the Strait of Hormuz or a special forces operation to secure uranium stockpiles.

The Times of India

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Trump calls Hormuz blockade ‘genius’, says no deal without nukes; US-Iran talks now telephonic

President Trump hailed the US naval blockade against Iran as "genius," asserting it forces Tehran's concession and ruling out any deal without abandoning nuclear ambitions. US Central Command confirmed the blockade's disruption of Iran's oil trade. Iran reportedly proposed a conditional ceasefire in the Strait of Hormuz, which Washington is…

The Times of India

Move over TACO, Wall Street has a new nickname for Trump: NACHO

Trump’s new nickname indicates people are not confident he will secure a deal with Iran to open the Strait of Hormuz

The Independent UK

Pete Hegseth Questioned Why Minesweepers Were Sent to Singapore Weeks Before Iran War

The Pentagon is under scrutiny for positioning US Navy mine-clearing ships far from the Strait of Hormuz before conflict with Iran, raising questions about strategic preparedness.

International Business Times UK

20,000 stranded seafarers in the Strait of Hormuz face missile fears, exhaustion and isolation

As the closure of the Strait of Hormuz drags on, the United Nations’ International Maritime Organization has sounded the alarm over a related humanitarian crisis: the plight of the crew stuck on ships at or near the strait.

The Conversation

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Trump Savaged by Wall Street Traders With Brutal New Four Letter Code to Mock His Recent Economic Retreats

Wall Street traders have coined 'NACHO' to mock Trump's handling of the Strait of Hormuz, following the 'TACO' acronym that critiqued his tariff retreats.

International Business Times UK

Crude Prices Surge With No End in Sight to US-Iran War

June WTI crude oil (CLM26 ) on Wednesday closed up +6.95 (+6.95%), and June RBOB gasoline (RBM26 ) closed up +0.1650 (+4.81%). Crude oil and gasoline prices extended this week's sharp rally on Wednesday, with crude oil posting a 3-week high and gasoline posting a 3.75-year high. Crude prices continue...

Barchart

4 am fury, 24/7 gridlock: Trump takes world into long, hot Hormuz summer

President Trump has directed aides to prepare for a prolonged naval blockade of the Strait of Hormuz, aiming to choke Iran's oil exports and force concessions without triggering wider conflict. This strategy is causing global energy disruptions, with rising gasoline prices impacting American consumers and forcing other nations to scramble…

The Times of India

Crude Prices Soar on Prospects for Prolonged Closure of Hormuz

June WTI crude oil (CLM26 ) today is up +5.18 (+5.18%), and June RBOB gasoline (RBM26 ) is up +0.1502 (+4.38%). Crude oil and gasoline prices extended this week's sharp rally today, with crude oil posting a 2-week high and gasoline posting a 3.75-year high. Crude prices continue to climb...

Barchart

Oil Keeps Rising As Strait Of Hormuz Remains Closed; Brent Crude Tops $116

Oil kept rising on Wednesday as the Strait of Hormuz remains closed, preventing the passage of almost a quarter of the world's energy while hostilities between the U.S. and Iran continue.

International Business Times

Trump Warns Iran To 'Better Get Smart Soon' And Posts Picture Of Him With a Gun: 'No More Mr. Nice Guy!'

President Donald Trump on Wednesday warned Iran to "better get smart soon" as negotiations between the countries continue to be deadlocked and the Strait of Hormuz closed.

International Business Times

Oil prices rise despite UAE exit from OPEC as Iran war ceasefire hangs in balance

Oil markets are navigating a period of unprecedented volatility after the UAE announced its withdrawal from OPEC and the OPEC+.

Euronews

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Euronews

Europe revives renewables and nuclear to address the energy crisis

Brussels is looking for a long-term fix, putting both renewables and nuclear back on the table after the Strait of Hormuz closure sent energy bills soaring. Watch the video!

Latin Times

Iran War Pushes U.S. Gas Prices To Highest Level Since the Conflict Began as Strait of Hormuz Remains Closed

Gas prices were near $4.18 a gallon on Tuesday, up $1.19 since late February, when the U.S. and Israel attacked Iran.

International Business Times

Iran War Pushes U.S. Gas Prices To Highest Level Since War Began as Strait of Hormuz Remains Closed

Gas prices were near $4.18 a gallon on Tuesday, up $1.19 since late February, when the U.S. and Israel attacked Iran.

Barchart

Tighter Global Oil Supplies Underpin Crude Prices

June WTI crude oil (CLM26 ) on Tuesday closed up +3.56 (+3.69%), and June RBOB gasoline (RBM26 ) closed up +0.0623 (+1.85%). Crude oil and gasoline prices rallied sharply for a second day on Tuesday, with crude oil posting a 2-week high, and gasoline posting a 3.75-year high. Crude prices...

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The Mary Sue

Putin just handed Iran a lifeline after Trump’s ‘all the cards’ bluff backfired in the Strait of Hormuz

Russian President Vladimir Putin just threw Iran a diplomatic lifeline as tensions in the Strait of Hormuz threaten to reignite full-scale conflict. During a high-profile meeting in Russia, Putin praised Iran’s “courage” and pledged unwavering support, signaling Moscow’s growing role in shaping the outcome of the standoff. The move comes…

International Business Times UK

US Petrol Prices Hit Four-Year High? Reports Claim Gridlock Over Reopening of Strait of Hormuz Sent Cost to $4.18 a Gallon

US petrol prices have surged to a four-year high due to geopolitical tensions over the Strait of Hormuz, affecting global oil supply and consumer costs.

Barchart

Supply Concerns Support Cocoa Prices

July ICE NY cocoa (CCN26 ) on Tuesday closed up +84 (+2.55%), and May ICE London cocoa #7 (CAK26 ) closed up +75 (+3.10%). Cocoa prices moved higher on Tuesday amid growing supply concerns. The prolonged closure of the Strait of Hormuz is disrupting global cocoa supplies. The closure of...

The Independent UK

Potatoes, milk and chicken among foods UK could see shortages of as a result of Iran war

Fresh produce, meat, dairy, and even toilet paper could be impacted by the closure of the Strait of Hormuz

The Times of India

Trump claims Iran collapse while Teheran sees leverage as Hormuz stand-off tightens

TOI correspondent from Washington: US President Donald Trump on Tuesday claimed that Iran is “in a state of collapse” and is urgently pleading with Washington to reopen the Strait of Hormuz, projecting an image of a weakened adversary desperately seeking relief. But developments on the ground suggest a far more…

Barchart

Supply Fears Push Cocoa Price Higher

July ICE NY cocoa (CCN26 ) today is up +84 (+2.55%), and May ICE London cocoa #7 (CAK26 ) is up +72 (+2.09%). Cocoa prices are moving higher today amid growing supply concerns. The prolonged closure of the Strait of Hormuz is disrupting global cocoa supplies. The closure of the...

Barchart

Crude Prices Strengthen as Global Oil Supplies Tighten with Strait of Hormuz Closed

June WTI crude oil (CLM26 ) today is up +3.13 (+3.25%), and June RBOB gasoline (RBM26 ) is up +0.0241 (+0.72%). Crude oil and gasoline prices are sharply higher for a second day today, with crude oil posting a 2-week high, and gasoline posting a 3.75-year high. Crude prices continue...

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