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The Latest Breaking News from the Strait of Hormuz

The key shipping route under Houthi threat that could have a seismic impact on global economy

The Bab al-Mandab strait has been a vital shipping route for Saudi Arabia since the closure of the Strait of Hormuz

The Independent UK

Keir Starmer to chair Cobra meeting over costs to households from Iran war

Sir Keir Starmer is set to chair a Cobra crisis committee meeting to address the impact of the war in Iran on UK households. Average energy bills are forecast to rise by almost £300 from July, reaching £1,929, despite a temporary fall in April due to green subsidy removal. Motorists…

The Independent UK

U.S. average gas price hits $4 a gallon

There's little hope that costs will ease as the Strait of Hormuz remains closed to most ships, straining supplies worldwide.

Axios

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Britain faces one of the largest shocks from Iran war energy crisis, warns IMF

Oil prices have soared in response to Iran’s stranglehold on tankers passing through the Strait of Hormuz

The Independent UK

Trump Iran Threat 'No Deal, No Infrastructure' Warning Shakes Strait of Hormuz Talks

Trump warns Iran of targeting civilian energy and water systems if Strait of Hormuz deal fails, raising oil market and Middle East tensions

International Business Times UK

Willing to end war without re-opening Hormuz, Donald Trump tells aides as Iran refuses to budge

President Trump is reportedly willing to end the conflict without reopening the Strait of Hormuz, opting instead to weaken Iran's military capabilities and increase diplomatic pressure. This shift comes as an operation to unblock the strait was deemed likely to extend the conflict beyond his preferred timeline.

The Times of India

Why a second global shipping chokepoint could soon live up to its name as the ‘Gate of Tears’

If you’d never heard of the Strait of Hormuz before, you probably have by now. Iran’s effective closure of the waterway, which usually carries about 20% of the world’s oil and gas, has put severe pressure on the global economy.

The Conversation

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How sea mines threaten global trade, and how navies detect them

U.S. intelligence officials have assessed that Iranian forces have deployed a small number of mines in the Strait of Hormuz, a critical choke point for global shipping, according to reports. The move gives the Iranians a means, along with missiles and drones, of threatening ships.

The Conversation

Treasury Secretary Bessent Says U.S. Will 'Retake Control' of Strait of Hormuz

Treasury Secretary Scott Bessent said that the United States will "retake control" of the Strait of Hormuz over time, to restore freedom of navigation through one of the world's most critical energy chokepoints.

International Business Times

Crude Oil Prices Jump on Concerns Over Escalation of Iran War

May WTI crude oil (CLK26 ) on Monday closed up +3.24 (+3.25%), and May RBOB gasoline (RBK26 ) closed up +0.0688 (+2.16%). Crude oil and gasoline prices rallied sharply on Monday, with crude oil posting a 3-week high after President Trump threatened to escalate the Iran war if there is...

Barchart

Open for Business or Obliterated: Donald Trump Issues Final Ultimatum to Iran

President Trump ramps up pressure on Iran with threats to destroy key oil infrastructure unless the Strait of Hormuz reopens soon, as mediators scramble amid soaring global oil prices. Regional pleas for peace highlight the high stakes in this volatile showdown.

International Business Times UK

Crude Oil Climbs on Fears of a Protracted Iran War

May WTI crude oil (CLK26 ) today is up +3.05 (+3.06%), and May RBOB gasoline (RBK26 ) is up +0.0791 (+2.48%). Crude oil and gasoline prices are climbing today, with crude oil rallying to a 3-week high after President Trump threatened to escalate the Iran war if there is no...

Barchart

How could US forces seize Kharg Island and why is it so risky?

Kharg Island, which hosts Iran's main oil export terminal, has emerged as a key focus in the month-long conflict involving the United States and Israel. Strikes on Kharg's oil infrastructure or a ground invasion would severely curb Iran's oil exports, a crucial revenue source, and could lead to significant regional…

The Independent UK

Iran Issues Grim Warning to Any U.S. Troops Deployed For War

Iran is promising "fire" and to "punish" U.S. troops as the military builds up its presence in the Middle East for a possible ground incursion to help secure the Strait of Hormuz.

International Business Times

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Latin Times

Marco Rubio Says Iran Won't Be Able To Control The Strait Of Hormuz: 'Will Never Be Allowed To Happen'

Secretary of State Marco Rubio said Iran won't be able to control the Strait of Hormuz, a key waterway through which about 20% of the global energy goes through, after officers in Tehran said they intend to.

Evening Standard

Starmer hosts business chiefs as Trump ratchets up threats to Iran’s oil

US president Donald Trump has threatened to wipe out Iran’s oil infrastructure unless a deal is done to open the Strait of Hormuz.

Evening Standard

White van man ‘bleeding cash’ as diesel price disparity hits new high

Oil prices have soared in response to Iran’s stranglehold on tankers passing through the Strait of Hormuz, sparking rising pump prices.

The Independent UK

Photos show the effects of the Iran war on global energy worldwide

Iran’s attacks on the energy infrastructure of the Middle East and its stranglehold on the Strait of Hormuz has sent oil prices skyrocketing and given rise to growing concerns about a global energy crisis.

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International Business Times

Top Iranian Official Says Tehran Will Seek To Control The Strait Of Hormuz As a Result Of The War: 'No Longer Be As In The Past'

Iranian Vice Preisdent Mohamed Reza Aref said Theran will seek to control the Strait of Hormuz as a result of the ongoing war.

The Independent UK

Trump mulls seizing Iran's Kharg Island oil terminal even as talks show progress

U.S. President Donald Trump openly mused about seizing Iran’s Kharg Island oil terminal in the Persian Gulf and the United States and Israel kept up their attacks on the Islamic Republic, even as there were signs of progress in nascent ceasefire talks

The Times of India

Where are US troops in Middle East headed next? Iran's uranium in focus as Trump weighs ways to end war

The US is expanding its military presence in the Middle East with hundreds of additional troops, including special forces, to bolster options amid escalating tensions with Iran. These forces are being positioned to potentially secure the Strait of Hormuz, seize Kharg Island, or target nuclear sites, reflecting a broader posture…

Fortune

Dow futures fall 300 points as Wall Street braces for potential U.S. ground assault on Iran and Houthi attacks that could slash oil supplies further

The 31st Marine Expeditionary Unit has arrived in the Middle East.

The Independent UK

The US has opened up Pandora’s box in the Middle East, and possibly only Iran will benefit

THE INDEPENDENT VIEW: Editorial: With the Houthis controlling the Red Sea – and Iran the Strait of Hormuz – the global economy would be facing disaster

Fortune

The Iran and Ukraine wars have merged into a single conflict, but ‘we are still not at a true world war,’ expert says

The stakes are further elevated as President Donald Trump deploys thousands of U.S. troops to the Middle East for an anticipated ground assault meant to reopen the Strait of Hormuz.

Radio France Internationale

The maritime passages with a chokehold on the global economy

The war in the Middle East has put the Strait of Hormuz in the spotlight. It is one of the world's maritime "choke points" – narrow passages on which global trade depends, putting them at the centre of geopolitical tensions.

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