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The Latest Breaking News from the Strait of Hormuz

Iran-US war latest: Trump says strikes have ‘obliterated’ military targets on vital oil hub island

Kharg Island is the linchpin of Tehran’s oil industry

The Independent UK

Watch: Video shows huge blaze after blasts hit oil tankers off Iraq’s Basra coast

A deadly explosion rocked two oil tankers in the Persian Gulf off Iraq's Basra coast, with officials suspecting an attack by Iranian boats. The blasts ignited massive fires, forcing the evacuation of 38 foreign crew members. This incident escalates regional tensions and threatens vital global oil supply routes, particularly the…

The Times of India

Calls grow for Strait of Hormuz ship escorts as Iran escalates attacks

There are about 20,000 seafarers currently working on ships in the Persian Gulf, expert notes.

Axios

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Starmer warns against profiteering as Trump vows to ‘finish the job’ in Iran

Threats from Tehran have choked shipping through the Strait of Hormuz, a vital artery for global oil and gas supplies.

Evening Standard

Australian Petrol Prices Set To Skyrocket After Strikes In Strait Of Hormuz

Australians are being warned to brace for higher petrol prices as attacks on ships in the Strait of Hormuz choke global oil supplies.

Pedestrian.tv

The shadow fleet and illegal oil are still moving through the Strait of Hormuz

This morning, three vessels were struck attempting to transit the Strait of Hormuz. The Strait is effectively closed. Since the beginning of the conflict involving the United States, Israel and Iran on Feb. 28, 2026, oil tanker traffic through the world’s most critical oil shipping choke point has collapsed, dropping…

Fortune

IEA’s ‘unprecedented’ oil release was supposed to fix everything, yet the market had a chilling response

The International Energy Agency (IEA) announced this week that its member countries unanimously agreed to release a massive 400 million barrels of oil from their strategic reserves, an unprecedented move aimed at stabilizing soaring prices, but the market’s response was, frankly, a bit chilling. Despite this huge injection of potential…

The Mary Sue

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Cargo ship-bound for Kandla port catches fire after Iran attack, 20 rescued, 3 missing

An India-bound Thai cargo vessel was among four ships attacked in the Strait of Hormuz, with the ship heading for Gujarat's Kandla port catching fire. The Indian government deplored the targeting of commercial shipping, emphasizing the need to avoid impeding freedom of navigation and commerce.

The Times of India

France's Macron opposed to lifting sanctions against Russia

French President Emmanuel Macron also said he had "no confirmation" Iran was laying sea mines in the Strait of Hormuz.

Euronews

Nat-Gas Prices Rally as Iran War Drags On

April Nymex natural gas (NGJ26 ) on Wednesday closed up +0.189 (+6.26%). Nat-gas prices on Wednesday rallied in sympathy with crude oil prices and European gas prices as the Iran war drags on. Missiles hit three vessels on Wednesday in the Strait of Hormuz and the Persian Gulf, and new...

Barchart

What is the Strait of Hormuz and why is it so important?

The world's busiest oil shipping channel has around a fifth of the world’s oil passing through it each year

Evening Standard

Crude Prices Rally Despite IEA Stockpile Release

April WTI crude oil (CLJ26 ) is up +4.62 (+5.54%), and April RBOB gasoline (RBJ26 ) is up +0.14379 (+5.60%). April WTI crude oil on Monday spiked up to a 3.75-year nearest-futures high of $119.48 but has since fallen back to the $87-per-barrel area. Crude oil prices spiked higher to...

Barchart

Photos of beachgoers in UAE where oil tankers and cargo ships line up in Hormuz Strait

People on the coast of the United Arab Emirates can see oil tankers and cargo ships line up in the Strait of Hormuz while playing on swings, riding horses and camping out on the beach near Khor Fakkan, as the war in Iran affects the global energy supply.

The Independent UK

International Energy Agency to release record oil reserves to calm markets

The conflict in Iran has halted shipments through the Strait of Hormuz and pushed the price of oil and gas sharply higher.

The Independent UK

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The Times of India

‘Will end any time I want it to end’: Donald Trump says Iran war could stop ‘soon’; claims US has little left to target

US President Trump declared the war with Iran could end soon, claiming significant damage to Tehran's military. He stated US forces are ahead of schedule, having destroyed Iranian mine-laying boats in the Strait of Hormuz. Despite his optimism, US and Israeli officials indicate preparations for further strikes continue, with Iran…

We Got This Covered

Energy Secretary falsely claimed Navy escorted tanker through Strait of Hormuz – markets lost $84 million while he tried to backtrack

Gave the market false hope.

International Business Times UK

Iran Oil Blockade: Donald Trump Vows Military Action at 'Level Never Seen Before'

Donald Trump has warned Iran that failure to remove any mines potentially placed in the Strait of Hormuz could prompt unprecedented military consequences, after reports that Iran may have begun laying mines in the crucial waterway through which about 20%t of the world's oil supply passes daily.

We Got This Covered

Trump administration brushed off dire warnings. Now, Americans are paying for that miscalculation

Advisers ignored warnings and here’s the fallout.

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The Independent UK

Iran war has blocked the Strait of Hormuz, a vital oil chokepoint. Reopening it is a big challenge

Governments are working on plans to unblock vital oil chokepoint the Strait of Hormuz

The Independent UK

India rations cooking gas as Strait of Hormuz tensions choke supplies

Cooking gas shortages are already forcing eateries to close as industry bodies warn of widespread economic damage in a country that imports the bulk of its oil and gas. Namita Singh reports

The Conversation

Oil isn’t just fuel: Iran conflict could disrupt markets for everything from plastics to fertilizers

Tensions in the Middle East often trigger concerns about rising gasoline prices. But disruptions to oil supplies could affect much more than the cost of filling up a car. That’s because crude oil is not only burned as fuel. It is also the raw material for thousands of products that…

International Business Times UK

Global Oil Supply at Risk As US Navy Refuses to Escort Commercial Tankers Through Hormuz in Fear of Iranian Attacks

The US Navy has declined daily shipping requests for military escorts through the Strait of Hormuz, citing the risk of Iranian attacks as too high amid the ongoing conflict.

The Times of India

Middle East crisis: Iran confirms strike on Thai vessel in Strait of Hormuz; 3 crew members missing

Iran claimed responsibility for the strike on a Thai ship in the Strait of Hormuz. Iran's Revolutionary Guards said that they fired at the Thai-flagged Mayuree Naree bulk vessel in the strait, Reuters reported, quoting the Iranian news agency, Tasnim.

The Independent UK

Rachel Reeves admits Middle East conflict ‘certainly not good’ for economy

The Chancellor indicated the government could intervene on energy costs if the conflict spiralled

The Independent UK

Three cargo ships hit in Strait of Hormuz after US destroys 16 minelayers

The Strait of Hormuz has been all but closed by Iran after the US and Israel launched an attack at the end of February

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