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HISTORICAL FACTS: 5 | History Defined

US and Iran exchange strikes as they struggle over Strait of Hormuz

The United States and Iran have exchanged strikes aimed at infrastructure and military targets as their battle over the Strait of Hormuz intensifies

The Independent UK

While commercial ships and oil tankers struggled to get by, this Soviet-born billionaire’s $300 million superyacht left Dubai and cruised through the Strait of Hormuz on a 2,000-mile journey to the Maldives

Motor Yacht A, under the ownership of billionaire Andrey Melnichenko, recently traversed the Strait of Hormuz amidst increased military tensions that have prompted commercial vessels to postpone their voyages. Following the imposition of Western sanctions after Russia's invasion of Ukraine, Melnichenko relocated his assets to the Gulf, particularly after his…

The Times of India

Iran targeted by more US strikes while White House says sides are talking

Donald Trump will not let ships be fired on in the Strait of Hormuz without Tehran ‘paying a consequence’, says administration

Evening Standard

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Iran tells Houthis to close Red Sea gateway if US hits power network, sources say

In a significant escalation, Iran has directed Houthi militias to get ready to obstruct the Red Sea oil passage should the United States carry out strikes on Iranian power facilities. Sources indicate that the Houthis are already positioning missiles and drones in proximity to Bab el-Mandeb strait. This potential blockade…

The Economic Times

US resumes daylight strikes on Iran as tensions escalate over Strait of Hormuz

US Central Command said it has resumed daylight strikes on Iran, targeting coastal defences and missile sites. Tehran has reported casualties as tensions rise over a renewed blockade threat, calls for retaliation and the ongoing dispute over the Strait of Hormuz.

Euronews

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

War, talks, repeat: How to break the cycle between US and Iran?

Who needs nuclear weapons when you have the Strait of Hormuz? While ordinary Iranians are far worse off than on February 28th – when the US and Israel launched a war that killed the Supreme Leader on day one – the Islamic Republic has since shown it has massive leverage…

France 24

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The Trump toll: Why plan to charge ships 20% fee in Strait of Hormuz will never work

Trump’s 20 per cent toll on shipping could more than double the cost of transporting oil from the Gulf to Europe, say analysts

The Independent UK

US-Iran conflict widens after deadly tanker attack in Strait of Hormuz

Commercial shipping has come under attack in the Strait of Hormuz as the US and Iran exchange military action, raising fears the conflict could draw more Gulf states into the fighting.

Euronews

Hormuz is No Suez or Panama Canal, Says Global Shipping Giant, Slams Trump's 20% Toll as 'Fundamentally Wrong'

Shipping executives warned that President Donald Trump’s proposed 20% levy on vessels passing through the Strait of Hormuz could backfire by discouraging ship traffic and further reducing activity on the crucial trade route.

Benzinga

The price of oil shoots upward as Trump demands tolls in the Strait of Hormuz

Everything you need to know before you reach the office this morning.

Fortune

Former Defense Secretary Mark Esper Backs Trump's Iran Blockade: 'the Right Move'

Former Defense Secretary Mark Esper on Monday backed President Donald Trump’s decision to reinstate a U.S. naval blockade of Iranian ports, calling it the "right move" as Washington claims a bigger security role in the Strait of Hormuz.

Benzinga

‘Pirates of Hormuz’: Brazil PM Lula attacks Trump's 20% shipping toll, calls it ‘piracy’

Brazilian President Luiz Inácio Lula da Silva has openly criticized Donald Trump's suggestion to impose a fee on ships traversing the Strait of Hormuz, branding the U.S. as a 'pirate state.' Trump claimed that the U.S. would assume the role of guardian over this vital waterway. This development emerges amid…

The Times of India

Stock Market Today: Dow, S&P 500, Nasdaq 100 Futures Rise on Better-Than-Expected CPI Data—Tower Semiconductor, Twin Vee, JPMorgan In Focus (UPDATED)

U.S. stock futures pared losses to advance on Tuesday, as the Nasdaq 100, Dow Jones and S&P 500 indices gained, following Monday’s lower close.

Benzinga

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Benzinga

Trump's Strait of Hormuz Blockade Could Push Oil Higher, Gas Prices Could Reach $4 a Gallon, Analyst Says

GasBuddy analyst Patrick De Haan on Monday cautioned against gas prices in the U.S. likely spiking as tensions between Washington and Tehran escalate over the Strait of Hormuz.

The Economic Times

Trump's Strait of Hormuz Plan Explained: Can the US charge ships and what it means for India

Strait of Hormuz Explained: US President Donald Trump's proposal to impose a 20% charge on cargo passing through the Strait of Hormuz has sparked a sharp rebuttal from Iran and raised fresh concerns over oil prices, global trade and India's economy. Here's what international law says, why the UN opposes…

The Independent UK

US attacks Iran and Tehran retaliates across the Middle East as both vie for control of strait

The U.S. has launched more strikes on Iran after President Donald Trump said Washington is “reinstating” a blockade on Iran in the Strait of Hormuz

The Economic Times

'Mojtaba Khamenei is 90% gone': Trump makes big claim as US-Iran conflict spirals out of control

US President Donald Trump claimed Iran's top military leadership is wiped out and successor Mojtaba Khamenei is "90% gone". Trump announced an "Iranian blockade" alongside transit fees for the Strait of Hormuz, sparking a sharp rejection from Iranian Foreign Minister Abbas Araghchi, who insisted Tehran remains the waterway's guardian.

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Benzinga

Trump Is 'Absolutely Right,' Says Iran's Foreign Minister Abbas Araghchi About Strait of Hormuz Compensation — But 20% Is 'Too Much'

On Monday, Iranian Foreign Minister Abbas Araghchi pushed back against President Donald Trump’s plan to impose a 20% fee on cargo moving through the Strait of Hormuz, arguing that Tehran—not Washington—is the rightful guardian of the strategic waterway.

The Economic Times

Iran's tankers take secret route through Hormuz to dodge US sanctions

Iran secretly moved oil tankers through the Strait of Hormuz before US threats. US strikes followed an Iranian attack on a Cyprus-flagged container ship. Iran retaliated against US allies, striking UAE oil tankers and killing an Indian sailor. The US announced a reinstated naval blockade of Iranian ports and coastal…

The Times of India

'20% is too much, we'll be fair': Iran mocks Trump's 'guardian of Hormuz' claim over transit fee

Iranian foreign minister Seyed Abbas Araghchi on late Monday mocked US President Donald Trump over his proposal to charge a 20% fee on cargo transiting the Strait of Hormuz, asserting that Iran, not the US, is the true "guardian" of the strategic waterway.

The Economic Times

'20% too much, Iran will be fair': Iranian FM Araghchi takes dig at Trump over Hormuz "guardian" remark

In an amusing retort, Iran's foreign minister dismissed President Trump’s suggestion of charging fees for Strait of Hormuz security, claiming that Iran exclusively oversees this essential maritime route. Trump had previously indicated a twenty percent charge, but Iran strongly warned against US meddling, with both nations standing firm in their…

The Independent UK

Keir Starmer speaks out on Strait of Hormuz attacks as Trump threatens 20% tolls

Sir Keir made his remarks after the US president claimed charging a fee on cargo for use of the Gulf channel was a “matter of fairness” to cover the cost of providing security

Evening Standard

Starmer calls for restriction-free Strait of Hormuz as Trump threatens tolls

The move by the US president to slap a charge on vessels using the sea route is branded ‘economic extortion’ by critics.

Radio France Internationale

France, Germany, UK condemn Iran attacks as renewed fighting with US puts peace deal at risk

The foreign ministers of France, Germany, and Britain have condemned Iran's attacks on shipping in the Strait of Hormuz and on countries in the region, as Iran and the United States have traded attacks in recent days, casting doubt on their interim agreement to end the war.

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