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FORGOTTEN HISTORY: Hormuz fac | History Defined

The Americas' oil bonanza will outlast the Iran conflict

The Iran war and closure of the Strait of Hormuz are reshaping global oil trade, with producers across the Americas gaining market share from the Middle East. Crude exports from the region have hit record levels as Asian buyers prioritise supply security despite higher shipping costs.

The Economic Times

Trump Rules Out Iran Ceasefire Extension as Hormuz Standoff Keeps Gas Prices High

Trump won't extend the Iran ceasefire past Monday's deadline. The Hormuz standoff behind it is keeping gas prices high for Latino drivers.

Latin Times

Strait of Hormuz tracker: The maps and charts that debunk Trump’s claim the route has reopened

Trump declared the embattled waterway as new US territory as he insisted it was ‘open and operating’ earlier this week

The Independent UK

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Iran and Oman close to agreement on Hormuz

TEHRAN - Iran and Oman have agreed a route for ships transiting the Strait of Hormuz and were finalising arrangements for jointly managing the strategic waterway, Tehran said on Wednesday, even as fresh security incidents highlighted continued risks for regional shipping.

Bangkok Post

US Iran war: Qatar says mediators make progress; Indian ship sinks in the Middle East

Mediators report progress in efforts to end the US-Iran war, which has driven oil prices lower. Qatar's Emir discussed de-escalation efforts with President Trump, stressing the importance of dialogue. Senior US officials expressed optimism about reopening the Strait of Hormuz shipping lanes soon. However, shipping risks remain as a vessel…

The Economic Times

The week that was in international affairs: US-Iran ceasefire dead, Hormuz blockade back on; China flexes with missile test

Welcome back to another edition of My Take 5, your weekly wrap of international news. This week we are covering the slow crumbling of the US-Iran ceasefire, the reimposition of US naval blockade on Iran, protests in Ukraine over firing of the defence minister, China’s missile test in the South…

The Times of India

Iraq, Syria Revive Oil Pipeline Shut Since 2003 in Bid to Bypass Strait of Hormuz After Iran War Disrupts Exports

On Friday, Iraq and Syria agreed to revive a long-idled oil pipeline linking northern Iraq to Syria’s Mediterranean coast as Baghdad looks to reduce its reliance on the Strait of Hormuz following disruptions caused by the recent U.S.-Iran conflict.

Benzinga

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Civilian infrastructure hit as US and Iran escalate attacks across the Middle East

The United States and Iran escalated their attacks across the Middle East on Friday, trading strikes aimed at infrastructure and military targets as their battle over the Strait of Hormuz intensified. The US military struck bridges and collapsed a tower at a key Iranian port, while Tehran targeted US-allied nations…

France 24

After the 'Invincible Red Line' Hormuz, Iran Reportedly Prepares Red Sea Blockade as Trump Escalates Infrastructure Strike Threats

Iran has reportedly directed Yemen’s Houthi movement to prepare for the closure of the Red Sea oil route, a crucial global energy supply channel, in the event of a U.S. attack on Iranian power infrastructure.

Benzinga

Trump Abandons 20% Strait of Hormuz Fee, Says Gulf States Will Make 'Record' Investments in the US as CENTCOM Reaffirms Naval Blockade

President Donald Trump has abandoned the idea of imposing a 20% fee on all vessels traveling through the Strait of Hormuz after floating the idea on Monday, demanding compensation in exchange for safe passage through the waterway.

Benzinga

Trump’s time is running out to avoid a nightmare Strait of Hormuz scenario

Global oil flows remain stunted as stockpiles are depleted, and demand is set to rise again.

Fortune

Truce and fire: The ghost of Versailles haunts Trump. But is Iran overplaying its hand?

President Trump declared the June 17 ceasefire with Iran over, ordering fresh US strikes. Iran responded by targeting tankers in the Strait of Hormuz, escalating tensions. The conflict's tempo is now largely controlled by Iran's ability to disrupt oil shipments. Both sides face pressures, with neither in a decisive position…

The Times of India

Is Hormuz reopening or shutting down? Shipping data and IRGC claims don’t match

Oil tanker traffic through the Strait of Hormuz slowed significantly on Thursday. Renewed US airstrikes and Iranian retaliatory attacks heightened security concerns in the Gulf. Iran's IRGC Navy claimed the strategic waterway was secured and gradually reopening. Several vessels turned off tracking systems, limiting visibility of actual ship movements. Shipping…

The Times of India

Iran-US talks: Key takeaways from first round in Switzerland

Recent discussions between Iran and the US in Switzerland mark a promising step towards resolving the Middle East conflict, facilitated by Pakistan and Qatar. The two countries have established a timeline to reach a conclusive agreement within 60 days, which encompasses creating a de-confliction cell for Lebanon and a communication…

The Economic Times

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The Economic Times

Iranian negotiators said to still be engaged in talks with US

Despite Iranian media claims of a walkout, US-Iran talks in Switzerland are continuing. President Trump's threats of further strikes over Hezbollah's actions in Lebanon have complicated discussions. Key issues like the Strait of Hormuz, sanctions, and frozen assets remain central, with the conflict in Lebanon proving a significant hurdle for…

The Economic Times

Hormuz closed again: Will the US-Iran MoU soon sink in the strait?

Iran has closed the Strait of Hormuz, citing Israeli actions in Lebanon, a move that plunged a new US-Iran deal into crisis. The agreement aimed to freeze multiple conflicts, including Lebanon, in exchange for sanctions relief. Iran's actions suggest a strategy of exerting pressure for concessions rather than abandoning the…

International Business Times

Bitcoin Tops $65,000 As U.S.-Iran Hormuz Deal Sparks Rally Across Riskier Assets

Bitcoin climbed above $65,000 on Monday, reaching its highest level in nearly two weeks as investors reacted to an agreement between the United States and Iran to reopen the Strait of Hormuz.

AAP

Tentative deal on ending the Iran war sends stocks soaring, oil prices to lowest levels in months

Markets on Wall Street were poised to follow global markets sharply higher after a tentative deal was announced on ending the Iran war and reopening the Strait of Hormuz, while oil prices fell close to $5 a barrel

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The Economic Times

Hormuz halt forces Middle East trade into huge rewiring

A year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of Hormuz closures. Recent conflict forced these plans into action, disrupting global supply chains and prompting companies like Spinneys and DP World to utilize extensive road networks across the…

The Economic Times

Shipowners on edge for news on Hormuz as ‘dark’ oil flows swell

Shipowners are closely monitoring a potential US-Iran peace deal and its implications for the Strait of Hormuz. While some express caution, others anticipate a surge in activity if the vital waterway fully reopens. Even now, oil is discreetly flowing through the strait. A reopening could lead to a significant influx…

AAP

Iran will 'have to pay the price' after strikes: Trump

Hours after Iran launched tit-for-tat strikes against the US, President Donald Trump says Tehran must "pay the price" for taking too long to reach a deal.

The Economic Times

From trickle to torrent: Hormuz reopening may trigger a global oil flood

The reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned near the Gulf and oil infrastructure largely preserved during the shutdown, producers are expected to ramp up output quickly once shipping resumes. Industry experts believe a significant portion of the…

Fortune

ICC Secretary General: The Hormuz clock that matters isn't diplomatic — it's agricultural

The real clock on the Hormuz closure is agricultural — and by the time the food crisis is visible, the decisions that caused it will be six months old.

The Economic Times

Collapse is near: Trump's window to resolve Iran crisis closing fast

West Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil supplies. Economists warn of a significant economic shock if a US-Iran agreement remains elusive. This conflict threatens jobs and economic growth worldwide, particularly in Europe and Asia. The world…

The Economic Times

Iran-U.S. war could erupt again, warns Washington as Strait of Hormuz blockade continues. What to expect this week?

Pentagon chief Pete Hegseth, while attending a defense summit in Singapore, said on Saturday that Washington was "more than capable" of restarting the war if necessary.

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