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INSANE: 7 | Vintage Vibes

Trump strikes Iran railway bridges on route to Khamenei’s funeral as ceasefire unravels

US president tries to force Iran’s hand with attacks but Tehran says it has final say on the Strait of Hormuz

The Independent UK

Inside Trump’s tense 24 hours in the White House that ended the Iran ceasefire

The repeated threat of strikes appears not to have deterred Iran from asserting itself in the Strait of Hormuz

The Independent UK

India's crude imports remain resilient despite Strait of Hormuz tensions

India's crude oil imports are insulated from Hormuz Strait tensions currently. Refiners have successfully diversified their import portfolio over recent years. Russia now supplies over half of India's total crude oil imports. However, LPG and LNG supplies remain vulnerable to Gulf disruptions. Prolonged instability could increase shipping costs and regional…

The Economic Times

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Iran's Parliament Speaker Says Strait of Hormuz Will Open Only Under Tehran's Terms, Slams US 'Bullying'

Iran’s Parliament Speaker Mohammad Bagher Ghalibaf doubled down on claims about Tehran controlling the Strait of Hormuz following missile strikes exchanged between the U.S. and Iran.

Benzinga

Prediction Markets Keep Betting The Strait of Hormuz Will Reopen But What If This Is the New Normal?

Prediction markets have repeatedly pushed back expectations for normal Strait of Hormuz traffic, raising questions over whether traders are underestimating a permanent shift in Gulf shipping.

International Business Times

How Iran's 'golden weapon' of Hormuz became a bigger priority than its long-disputed nuclear programme

Iran views control of the Strait of Hormuz as a vital strategic asset. This waterway is now a higher priority than its nuclear program. Recent actions have led to exchanges of fire with the United States. An interim peace deal's wording on the strait remains a point of contention. Iran…

The Economic Times

Exxon Mobil, Battalion Oil, Occidental Petroleum Are Trending After Hours as Hormuz Strait Disruption Reignites: XOM, BATL, OXY Spike

Renewed tension in the Middle East sends the oil stocks trending.

Benzinga

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US strikes ‘over 80’ Iranian targets after tankers hit in Strait of Hormuz

Following the strikes, Iran’s top negotiator Mohammad Bagher Ghalibaf accused the US of committing ‘major’ violations of the initial ceasefire deal.

The Independent UK

US launches fresh strikes against Iran after tankers hit in Strait of Hormuz

The attacks came just hours after Washington also pulled Tehran’s license to sell oil, which was only approved last month

The Independent UK

US strikes Iran after Hormuz tanker attacks: military

WASHINGTON (UNITED STATES) - US forces launched strikes on Iran on Tuesday after three commercial vessels were attacked in the Strait of Hormuz, the US military said, sharply escalating a confrontation that has already shaken efforts to end the Middle East war.

Bangkok Post

Stocks Drop As Chipmakers Fall Again; Oil Climbs With Renewed Tensions At The Hormuz Strait

Stocks dropped on Tuesday as chipmakers tumbled again. Oil climbed following renewed tensions between the U.S. and Iran, with the former revoking a sanctions waiver following Tehran's attacks against ships crossing through the Strait of Hormuz.

International Business Times

U.S. Revokes Iran Oil Sanctions Waiver After Tanker Attacks, Now Pressure Escalates on Tehran

The move follows a series of attacks on commercial tankers in and around the Strait of Hormuz that U.S. officials blamed on Iran, marking a sharp reversal in Washington's approach toward the Islamic Republic.

International Business Times

US launches strikes against Iran after attacks on vessels in strait of Hormuz

US Central Command says Tehran in ‘clear violation’ of ceasefire with ‘unwarranted’ attacks on commercial ships

The Guardian - US

Third tanker hit in Strait of Hormuz in 24 hours, maritime agency says

The UKMTO maritime agency is investigating the incidents and advised vessels in the area to proceed with caution.

Euronews

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The Economic Times

15 vessels carrying urea, DAP and Sulphur cross Strait of Hormuz safely: Govt

India's fertilizer supply chain remains robust despite West Asian conflict, with most shipments safely navigating the Strait of Hormuz. The government's proactive planning, diversified import sources, and boosted domestic production have ensured uninterrupted availability for farmers.

The Economic Times

Hormuz disruption, border wars choke Afghanistan's auto trade

Afghanistan's vital car parts trade in Spin Boldak has ground to a halt, crippled by escalating border conflicts with Pakistan and the recent Middle East war. Disruptions to key shipping routes, like the Strait of Hormuz, have sent import costs soaring and left businesses facing massive losses.

International Business Times

Iran Starts Khamenei Funeral With Stark Warning. A Potential Hormuz Foray By UK-France Irks Tehran

Iran's warning assumes significance as it signals a hardline position on the Strait as backroom negotiations are on to end the conflict despite the shaky ceasefire talks with the US. Iran seeks complete control over the Strait of Hormuz and intends to levy a toll for transit.

The Times of India

'Crisis-makers to be accountable': Iran warns UK, France against military presence in Strait of Hormuz

"The Strait of Hormuz is not a theater for the military display of extra-regional powers. Iran, as the responsible power and guarantor of the Strait's security, warns with sensitivity to any military movement in this waterway. The security of Hormuz lies with the coastal states; the crisis-makers will be held…

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The Guardian - UK

UK service sector shrinks amid Iran war disruption and heatwave; FTSE 100 hits four-month closing high – business live

Rolling coverage of the latest economic and financial news

The Economic Times

We blew up Iran's radar: Trump says US carried out strikes on Iran for 3 consecutive days

US President Donald Trump revealed American forces conducted strikes on Iran for three consecutive nights, targeting radar systems in response to attacks on commercial shipping. He asserted the US Navy's blockade effectively prevented any ships from reaching Iran, severely weakening its economy. Trump also detailed how the US quietly escorted…

The Economic Times

US-Iran talks end without breakthrough as Tehran's nuclear prowess stays off the table

Indirect talks between Iran and the US concluded without significant progress on lasting peace, focusing instead on resolved issues like maritime traffic in the Strait of Hormuz and unfreezing funds. While President Trump expressed optimism about nuclear program discussions, sources indicated this topic wasn't addressed. The next meeting is scheduled…

France 24

US-Iran Qatar talks show progress, Trump says, as both sides set up hotline

US President Donald Trump said on Wednesday indirect talks with Iran in Qatar were making progress, signalling diplomacy remained on track despite recent hostilities. Iran later said the talks had ended with agreement to establish a communication channel by Thursday to report and document violations of their initial memorandum of…

The Times of India

US-Iran ceasefire tailored for US mid-terms, not lasting peace: Report

The ceasefire between the US and Iran has eased fears of a wider conflict and led to the reopening of the Strait of Hormuz, pushing oil prices lower. However, the truce may be tactical rather than permanent, according to analyst cited by Reuters. The underlying disputes, over Iran's nuclear program,…

The Times of India

'Neither side thinks they've lost': Iran determined to keep Hormuz control, even by force

Iran is determined to secure international recognition of its control over the Strait of Hormuz and the right to charge ships for passage, even if it has to use force to achieve it, two senior Iranian sources said, as reported by Reuters.

The Economic Times

Iran insists on keeping control over Hormuz: Report

Iran is determined to gain international recognition for its control over the Strait of Hormuz, including the right to levy fees on ships. Despite an interim deal with the U.S. allowing free passage for 60 days, Tehran insists on permanent control and will not negotiate other disputes until this is…

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