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The Latest Breaking News from the Strait of Hormuz

Chinese President Xi Jinping Makes Direct Comment on Strait of Hormuz

Chinese President Xi Jinping directly addressed the issue involving the Strait of Hormuz, urging the US and Iran to keep it open.

International Business Times

Who is calling the shots in Iran?

Following the last round of talks between the United States and Iran in Islamabad, Iran’s foreign minister and negotiator Abbas Araghchi declared in a post on X on April 17 that the Strait of Hormuz was “completely open”. This came after he also signalled that his government could be flexible…

The Conversation

Timelapse footage shows maritime traffic around Gulf, Straight of Hormuz

The passage of ships through the Strait of Hormuz - the world's busiest oil shipping canal - has been severely disrupted amid the US-Israeli war with Iran. Timelapse footage shows maritime traffic in the Gulf and Strait of Hormuz from April 18 to April 20, amid a fragile US-Iran truce.

Euronews

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Iran-US war latest: Trump extends ceasefire and blasts Tehran in Truth Social posts after it backs away from talks

US president vows to continue blockading Iranian ports as Tehran refuses to send negotiators to Pakistan talks

The Independent UK

Aussie shares flat as Mideast ceasefire deadline looms

The local bourse finished basically unchanged for a third straight session ahead of a deadline to extend a ceasefire between Iran and the US.

AAP

Can New York Survive Mamdani's Tax Plan?

Plus: Trump orders psychedelic drug research, Palantir calls for national service, and confusion surrounds Iran and the Strait of Hormuz.

Reason

Dollar Weakens on Hopes US-Iran Peace Talks to Resume

The dollar index (DXY00 ) on Monday fell by -0.05%. The dollar gave up an early advance on Monday and turned lower after the New York Post reported that Vice President Vance is on his way to Pakistan for talks with Iran, and that President Trump is open to meeting...

Barchart

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Crude Oil Prices Sharply Higher as Middle East Peace Efforts in Limbo

May WTI crude oil (CLK26) on Monday closed up +5.76 (+6.87%), and May RBOB gasoline (RBK26 ) closed up +0.1120 (+3.73%). Crude oil and gasoline prices settled sharply higher on Monday after Iran on Saturday said the Strait of Hormuz was closed for shipping following a refusal by the US...

Barchart

Experts Warn Against 'Glass Half-Full' Perspective About Investing Through Iran War

Experts are warning that investors might be misreading the latest turns in the Iran war, including a brief reopening of the Strait of Hormuz on Friday with a "glass half-full view," according to a new report.

International Business Times

Cocoa Prices Sharply Higher on Concerns Over Supply Disruptions

May ICE NY cocoa (CCK26 ) on Monday closed up +112 (+3.52%), and May ICE London cocoa #7 (CAK26 ) closed up +80 (+3.34%). Cocoa prices rose sharply on Monday amid concerns over global supply disruptions after Iran on Saturday said the Strait of Hormuz was closed to shipping following...

Barchart

Concerns Over Global Supply Disruptions Lift Coffee Prices

May arabica coffee (KCK26 ) on Monday closed up +2.90 (+1.00%), and May ICE robusta coffee (RMK26 ) closed up +94 (+2.77%). Coffee prices settled higher on Monday after Iran said on Saturday that the Strait of Hormuz was closed to shipping following the US refusal to lift a naval...

Barchart

Global Supply Disruptions Lift Cocoa Prices

May ICE NY cocoa (CCK26 ) today is up +107 (+3.36%), and May ICE London cocoa #7 (CAK26 ) is up +76 (+3.18%). Cocoa prices are climbing today amid concerns over global supply disruptions, after Iran on Saturday said the Strait of Hormuz was closed to shipping following the US...

Barchart

Low cost airline axes London to Los Angeles flight due to rising fuel prices

The budget route has been cancelled as tensions in the Strait of Hormuz continue

The Independent UK

Coffee Prices Push Higher on Concerns Over Global Supply Disruptions

May arabica coffee (KCK26 ) today is up +2.70 (+0.93%), and May ICE robusta coffee (RMK26 ) is up +100 (+2.95%). Coffee prices are moving higher today after Iran said on Saturday that the Strait of Hormuz was closed to shipping following the US refusal to lift a naval blockade...

Barchart

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Barchart

Crude Oil Prices Jump as Middle East Tensions Escalate

May WTI crude oil (CLK26 ) today is up +4.87 (+5.81%), and May RBOB gasoline (RBK26 ) is up +0.1140 (+3.79%). Crude oil and gasoline prices are sharply higher today after Iran on Saturday said the Strait of Hormuz was closed for shipping following a refusal by the US to...

The Times of India

My Take 5 (Edition 66): The week that was in international affairs

Welcome back to another edition of My Take 5. This week we are covering the situation in the Strait of Hormuz, historic elections in Hungary, polls in Bulgaria, Ukraine’s robot army, and the Baltic states’ principled stance against Russian aggression. So let’s get to it.

International Business Times

Pakistan Reportedly Making Efforts To End U.S. Blockade Of Iranian Ports And Facilitate New Talks

Pakistan is making efforts to end the U.S.'s blockade of Iranian ports in the Strait of Hormuz and facilitate Tehran's return to the negotiating table, according to a new report.

The Independent UK

Trump throws his own Energy Secretary under the bus and says he’s ‘totally wrong’ about gas staying above $3

Iranian forces said on Sunday that the Strait of Hormuz would remain closed as the U.S. blockade persists, spiking oil prices again

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The Independent UK

Trump invokes ‘results of Oct. 7’ in post lashing out over charge that Israel led him to war with Iran

Trump’s own national security adviser has said Trump’s decision to begin bombing Iran was informed by Israel’s plans to attack

Barchart

Dollar Climbs as US-Iran War Tensions Rise

The dollar index (DXY00 ) today is up by +0.08%. The dollar is climbing today on ramped-up tensions in the Middle East after Iran on Saturday said the Strait of Hormuz was closed for shipping following a refusal by the US to lift a naval blockade of Iran's vessels. Also,...

Barchart

Royal Caribbean Stock Pops as Strait of Hormuz Opens. What Barchart Data Says to Do Next.

Royal Caribbean stock rallied on Friday as Iran declared the Strait of Hormuz open. But RCL’s share price rally still faces significant risks ahead.

International Business Times

Oil Prices Jump Again As U.S.-Iran Tensions Flare Up And Strait Of Hormuz Remains Closed

Oil prices are climbing up again on Monday as tensions between the U.S. and Iran flare up again and the Strait of Hormuz remains closed.

Euronews

Stranded cruise ships finally pass the Strait of Hormuz and are en route to Europe

TUI Cruises says its May itineraries ‘can go ahead as planned’ after the Mein Schiff 4 and Mein Schiff 5 ships safely departed the Arabian Gulf.

The Independent UK

How US Marines stormed an Iranian tanker in the Strait of Hormuz

IN FULL

Euronews

Reignited US-Iran tensions likely to drive petrol and diesel prices higher

As US representatives travel to Pakistan on Monday for a second round of talks with Iran, the lack of clarity over a possible deal is once again expected to place upward pressure on petrol and diesel prices.

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