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The Latest Breaking News from the Strait of Hormuz

So Donald Trump helps Iran choke off the Strait of Hormuz, and now he’s telling the world to figure out their own oil supply

President Donald Trump has launched another sharp critique against European nations for not joining his war on Iran, telling them to “go get your own oil” by force if they’re worried about fuel prices. This comes as several European countries are actively pushing back against the conflict, with France blocking…

The Mary Sue

Crude Prices Fall on Hopes for De-Escalation of Hostilities in the Middle East

May WTI crude oil (CLK26 ) on Wednesday closed down -1.26 (-1.24%), and May RBOB gasoline (RBK26 ) closed down -0.1125 (-3.51%). Crude oil and gasoline prices settled sharply lower on Wednesday amid mounting optimism that the war in the Middle East is nearing an end. Crude prices remained lower...

Barchart

Iran Calls Trump's Cease-Fire Post a Pack of Lies as Tehran Stays Determined to Win War

Iranian officials have categorically denied assertions by Donald Trump that Tehran has requested a peace agreement. The diplomatic clash centres heavily on the Strait of Hormuz, as Iran introduces legislation to permanently control the critical maritime route.

International Business Times UK

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'Dumbest Ever President': Donald Trump Slammed After Targeting UK in 'Insane' Iran War Ultimatum

Donald Trump has lashed out at the UK and other allies over the Iran crisis, telling them to seize control of the Strait of Hormuz themselves as critics denounce him as the 'dumbest ever' US president.

International Business Times UK

Trump officials prepping for ‘nightmare scenario’ where oil hits $150-a-barrel - and unleashes more pain at the gas pump

Officials have entered ‘all hands on deck’ mode, urgently evaluating options to tame soaring prices

The Independent UK

U.S., Iran Reportedly Discussing Ceasefire In Exchange For Reopening Strait Of Hormuz

The U.S. and Iran are discussing a ceasefire in exchange for the reopening of the Strait of Hormuz, the key waterway through which about 20% of the world's energy goes, according to a new report.

International Business Times

Economic chaos or new normal? Three possible scenarios if Trump leaves Iran without reopening Strait of Hormuz

The Strait has become a central anxiety for Washington’s allies since Tehran forced its effective closure

The Independent UK

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Crude Oil Prices Tumble on Hopes for an End to the War in the Middle East

May WTI crude oil (CLK26 ) today is down -1.62 (-1.60%), and May RBOB gasoline (RBK26 ) is down -0.0787 (-2.46%). Crude oil and gasoline prices are sharply lower today amid mounting optimism that the war in the Middle East is nearing an end. Crude prices remained lower after weekly...

Barchart

'Not just straits, also focus on gays of Hormuz': No Kings protesters' bizarre comments go viral

Street interviewer Lionel, known online as No Cap On God, went to the "No Kings" protests with a microphone and a straight face. What he came back with was something else entirely.

The Times of India

‘You weren’t there for us’: So Donald Trump helps Iran choke off the Strait of Hormuz, and now he’s telling the world to figure out their own oil supply

Trump has his own oil problems to worry about.

We Got This Covered

Oil Price Predictions Surge to $200 a Barrel as the Strait of Hormuz Blockage Drags On

Discussion of a recent analyst perspective on the price of oil increasing.

Barchart

The Strait of Hormuz Crisis Isn't Ending Anytime Soon. 3 Charts I'm Watching to Determine What Comes Next.

The crisis in the Strait of Hormuz is like a hurricane that has been wreaking havoc over the global economy. Is the storm about to blow over?

Barchart

‘We depend very little on it’: Rubio non-committal on US helping reopen Strait of Hormuz

Marco Rubio has said that the US is not concerned about the closure of the Strait of Hormuz, which normally accounts for around a fifth of the world’s oil trade.

The Independent UK

'Iran has asked for ceasefire': Trump claims new regime 'less radical', says no deal till Hormuz is free; Tehran reacts

Donald Trump claimed Iran sought a ceasefire, attributing it to a "less radicalized" new president, but linked any consideration to the Strait of Hormuz reopening. Iran's foreign ministry denied the ceasefire claim. Trump also suggested a swift US exit from the conflict and questioned NATO's relevance, urging allies to secure…

The Times of India

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International Business Times UK

US Will Be 'Done in Iran' in 2-3 Weeks, Shifts Strait of Hormuz Duty—'Countries That Rely on it Must Step Up'

President Donald Trump has announced the US military could be 'done' in Iran within three weeks. He has ordered allies to secure the Strait of Hormuz and warned the UK to 'fight for yourself'.

The Times of India

Iran eyes $80bn windfall with Strait of Hormuz toll plan

As Iran explores potentially imposing a fee on vessels crossing the Strait of Hormuz, officials in Tehran estimate the move could generate significant revenue. According to Iran International, Yahya Al-e Es’hagh, head of the Iran-Iraq Joint Chamber of Commerce, suggested Tehran could theoretically generate between $70 billion and $80 billion…

International Business Times

UAE Reportedly Preparing To Join The War And Help The U.S. Reopen The Strait Of Hormuz

The United Arab Emirates is getting ready to join the war in Iran to help the U.S. reopen the Strait of Hormuz and guarantee navigation through the key waterway, according to a new report.

The Independent UK

Inside the island home to Iran’s underground missile fortress in the Strait of Hormuz

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Euronews

US to reconsider relations with NATO over Iran, Rubio warns echoing Trump threat

The United States is reassessing its role in NATO citing disappointment with European allies. EU leaders have stressed they will help in the Strait of Hormuz once hot phase of war is over, but insist NATO is a defensive alliance.

Euronews

Trump considers pulling US out of 'paper tiger' NATO

Meanwhile, British Prime Minister Keir Starmer said the UK would host a meeting of about 35 countries to discuss reopening the Strait of Hormuz, which has been crippled by the Iran war.

International Business Times UK

Donald Trump's Iran Address: White House Confirms Major Security Update Following Toll Threats

President Trump prepares a key address on Iran as Tehran restricts shipping through the Strait of Hormuz, threatening global oil supplies and raising the risk of escalation.

International Business Times UK

Oil Prices Plunge as Donald Trump Announces US Forces Will Leave Iran Within Weeks

Oil prices whipsawed around $100 a barrel after Donald Trump said US forces could leave Iran within weeks, despite the Strait of Hormuz remaining largely shut. Traders are now trying to square the president's upbeat timeline with escalating attacks and a deepening regional supply shock.

The Times of India

'Not our war': UK PM to host multi-nation meeting on Hormuz crisis; backs Nato after Trump's 'paper tiger' jibe

Prime Minister Keir Starmer affirmed Britain will not join the Middle East conflict, deeming it "not our war" and not in the UK's national interest. He announced a meeting of 35 countries to discuss reopening the Strait of Hormuz and ensuring maritime security, aiming to mitigate economic fallout and rising…

Evening Standard

Iran war will affect future of UK but we are well-placed to weather storm – PM

Foreign Secretary Yvette Cooper will host a meeting of international leaders to assess options to reopen the Strait of Hormuz.

Axios

Oil's worst-case scenario: $200 if Hormuz remains closed

It could become a reality if the Iran war ends without reopening the strait.

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