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The Latest Breaking News from the Strait of Hormuz

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

IN FULL

The Independent UK

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.

Euronews

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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.

International Business Times UK

'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…

The Times of India

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.

Evening Standard

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

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

Axios

First sea lord admits Royal Navy is not ready for war

General Sir Gwyn Jenkins says Royal Navy will not be war-ready until the end of this decade

The Independent UK

Starmer says he won't be bullied by US as Trump threatens to quit NATO

Trump says removing the US from the defence pact is now ‘beyond reconsideration’

Evening Standard

Will UAE enter Iran war? Abu Dhabi pushes US, allies to reopen Strait of Hormuz by force

The UAE is reportedly considering military intervention against Iran, a significant shift from its previous neutral stance. Repeated Iranian attacks and the disruption of the vital Strait of Hormuz have pushed Abu Dhabi to explore options, including supporting US-led efforts to reopen the oil route. This move carries substantial risks…

The Times of India

Starmer to update on cost of living as Iran conflict pushes diesel tank to £100

Prime Minister Sir Keir Starmer is due to speak at a press conference later on Wednesday morning.

The Independent UK

'Brexit did deep damage': Keir Starmer vows closer ties with Europe amid Iran war cost of living crisis

The Prime Minister insisted he would not change his position on Britain's involvement with the US-Israeli war against Iran despite “pressure” from Donald Trump

Evening Standard

Donald Trump Says US Will 'Leave Very Soon' and Officials Admit Strait of Hormuz Reopening Isn't Guaranteed

US President Trump says US forces may leave Iran soon, while officials warn reopening the Strait of Hormuz is not guaranteed

International Business Times UK

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Fortune

Controlling the Strait of Hormuz is the top priority in Iran and Trump may abandon it. Here’s what that would look like

Ceding control of the Strait of Hormuz would represent a U.S. defeat worse than Vietnam, one critic said.

Barchart

Stocks Surge on Signs the US and Iran Seek to End War

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +2.91%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +2.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +3.43%. June E-mini S&P futures (ESM26 ) rose +2.88%, and June E-mini Nasdaq futures...

International Business Times

Trump Tells U.K. and Other Allies to 'Get Your Own Oil' as Strait of Hormuz Crisis Deepens

President Donald Trump lashed out at European nations like Britain and France, telling countries struggling with fuel shortages to "get your own oil" as the Strait of Hormuz remains severely disrupted.

Barchart

Crude Oil Prices Retreat on Hopes the Iran War is Near an End

May WTI crude oil (CLK26 ) on Tuesday closed down -1.50 (-1.46%), and May RBOB gasoline (RBK26 ) closed down -0.0559 (-1.71%). Crude oil and gasoline prices gave up an early advance on Tuesday and settled sharply lower on hopes that the war in Iran is near an end. Crude...

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Euronews

Can Algeria's gas save the old continent from the Strait of Hormuz?

Algeria is acting as a "safety valve" for Europe, but cannot fully compensate for the loss of Qatari supply, energy expert Hashem Akl told Euronews.

The Independent UK

American brute force has failed in Iran – diplomacy must now resume

THE INDEPENDENT VIEW: Editorial: Donald Trump’s declaration that his Western allies must secure the Strait of Hormuz and get oil supplies going again is a cynical exercise in face-saving – and, Mr President, we will remember

The Mary Sue

Marco Rubio discovering consequences in real time after Iran does what it promised: ‘That’s not going to be allowed’

Secretary of State Marco Rubio recently made it clear that the US won’t tolerate Iran’s threats to control the Strait of Hormuz, asserting that President Donald Trump has plenty of options to prevent such a move. Rubio, during an appearance on Good Morning America, delved into the US–Israeli war on…

Barchart

After a Record Bull Run, Is the Cattle Market Headed for Collapse?

Our Senior Market Analyst discusses misleading media coverage, monster-sized cows, and why the Strait of Hormuz could be the ‘last straw’ for US beef demand.

Barchart

Crude Oil Prices Rally as Strait of Hormuz Remains Closed

May WTI crude oil (CLK26 ) today is up +0.91 (+0.88%), and May RBOB gasoline (RBK26 ) is up +0.0178 (+0.56%). Crude oil and gasoline prices are moving higher today, with crude oil posting a 3-week high after President Trump said he is willing to end the US military campaign...

Barchart

Stocks Climb on Hopes for an End to Iran War

The S&P 500 Index ($SPX ) (SPY ) today is up +1.02%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.67%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.10%. June E-mini S&P futures (ESM26 ) are up +1.10%, and June E-mini Nasdaq futures...

The Independent UK

Watch Pete Hegseth take swipe at ‘big bad Royal Navy’ in latest insult to allies over Iran war

Pete Hegseth took a swipe at the "big bad Royal Navy" in the Trump administration's latest insult to the US's allies, as he called for Britain and other nations to join the effort to reopen the Strait of Hormuz to global shipping traffic.

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