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BIZARRE: 5 - You Need To See This

North Sea oil prices hit record high amid Strait of Hormuz row

It eclipses the previous record, set during the 2008 financial crisis

The Independent UK

'NATO not obliged to reopen the Strait,' Turkey's trade minister tells Euronews

US President Trump has issued an ultimatum to NATO countries to find a solution to reopening the Strait of Hormuz within days. Turkey – which has the second-largest army in NATO – says the alliance is not obliged to intervene.

Euronews

Crumbling ceasefire? Trump accuses Iran over Strait of Hormuz as Iran's Supreme Leader demands 'blood money'

Iran was ‘doing a very poor job’ of allowing tankers through the Strait of Hormuz, President Donald Trump said amid fears of a possible collapse in the agreed ceasefire between the US and Iran

Evening Standard

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Starmer 'fed up' as he blames actions of Trump and Putin for cost of living crisis in Britain

Comments seen as rare public criticism of US President by the Prime Minister amid their strained relationship over the Iran war

Evening Standard

FTSE 100 Live 10 April: Record North Sea oil price, US inflation set to surge

Uncertainty over the reopening of the Strait of Hormuz today kept the oil price close to $100 a barrel.

Evening Standard

Trump casts doubt on Iran ceasefire with Strait of Hormuz remarks

US President Donald Trump says that Iran will "never have a nuclear weapon", dismissing criticism of a "premature victory" regarding the nation. He criticised Iran's management of oil flows through the Strait of Hormuz, describing it as a "very poor job". The remarks cast doubt on the stability of a…

The Independent UK

Former Israeli PM: US-Israel-Iran war ceasefire – what next?

In an opinion piece for Euronews, former Israeli Prime Minister Ehud Olmert says the central objectives of the war were not met: the regime did not collapse, enriched uranium remains in Iran’s hands, and it still dominates the Strait of Hormuz. But despite this, there is still a chance for…

Euronews

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Iran-US war latest: Trump threatens to ‘finish’ war if peace talks fail as negotiators arrive in Pakistan

Iran's delegation has arrived in Islamabad, with JD Vance and a team of US officials now en route

The Independent UK

'Venting session': What happened at Donald Trump’s closed-door meeting with Nato chief Mark Rutte

US President Donald Trump, who has repeatedly criticised America’s Nato allies over their lack of support in the Iran war, “vented his frustration” at Nato secretary-general Mark Rutte during the former Dutch prime minister’s visit to the White House, Politico reported, citing officials.

The Times of India

'Will advance management of Strait of Hormuz to new stage': Iran's Mojatba Khamenei flags shift amid fragile truce with US-Israel

Iran's new Supreme Leader Mojtaba Khamenei has vowed to escalate control over the Strait of Hormuz, signaling a tougher stance amid a strained ceasefire with the US and Israel. He declared Iran would seek compensation for wartime losses and warned aggressors would not go unpunished. Khamenei also claimed victory in…

The Times of India

What will it take to get ships going through the Strait of Hormuz again?

Wednesday’s ceasefire announcement by President Donald Trump, linked to Iran reopening the Strait of Hormuz, prompted immediate optimism shipping would quickly resume. It didn’t.

The Conversation

Up 24% in 2026 and Yielding 3.1%, How Should You Play SHEL Stock Amid an Iran Ceasefire?

Shell is riding a rare combination of surging oil prices, strong trading gains, and a 25% year‑to‑date stock rally that has pushed SHEL to its best run in years, even as the Iran conflict forces the company to trim its gas output outlook and watch the Strait of Hormuz closely.

Barchart

Starmer speaks with Trump about ‘practical’ plan to reopen Strait of Hormuz

Both leaders agreed that they are ‘at the next stage of finding a resolution’

The Independent UK

PM and Trump discuss need for ‘practical plan’ to reopen strait amid Gulf visit

The Prime Minister spoke to the US president while visiting the UK’s allies in the Gulf region.

Evening Standard

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The Times of India

'They better stop now': Trump warns Iran over Strait of Hormuz tanker fees

President Donald Trump issued stern warnings to Iran regarding the Strait of Hormuz, accusing Tehran of hindering oil shipments. He also criticized The Wall Street Journal's reporting on his Iran policy, asserting his actions have prevented Iran from obtaining nuclear weapons and will soon restore oil flow. These statements follow…

Barchart

Crude Prices Gain as Closure of Strait of Hormuz Curbs Oil Supplies

May WTI crude oil (CLK26 ) on Thursday closed up +3.46 (+3.66%), and May RBOB gasoline (RBK26 ) closed down -0.0052 (-0.17%). Crude oil and gasoline prices settled mixed on Thursday. Crude prices rallied sharply but fell from their best level on Thursday, and gasoline slid into negative territory on...

Fortune

Only five ships crossed the Strait of Hormuz Thursday, far below Iran’s pledge as negotiations begin

More ships were crossing during war-time than peacetime.

The Mary Sue

‘Iran won’: Piers Morgan rains on Donald Trump’s fantasy parade and mocks how Iran played him like rookie

Piers Morgan recently weighed in on President Donald Trump’s declared “victory” regarding the Iran deal, offering a starkly different perspective that’s got people talking. He didn’t hold back on his show, Piers Morgan: Uncensored, effectively questioning whether the United States truly achieved its objectives in the recent ceasefire and negotiations.

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We Got This Covered

‘It’s not a historic victory’: Piers Morgan crushes Donald Trump’s delusion after Iran played him and got everything it wanted

There’s nothing to celebrate.

Euronews

UAE urges full compliance from Iran following ceasefire announcement

The UAE is seeking clarifications on the US-Iran ceasefire deal regarding attacks across the Gulf, as well as on the reopening of the Strait of Hormuz as a “central priority”, as Tehran's blockade continues despite its commitment to reopen the strait to free navigation.

Euronews

EU rejects Trump's 'joint venture' with Iran to charge ships through Strait of Hormuz

Donald Trump has floated the idea of a "joint venture" to set up tolls in the Strait of Hormuz. The European Commission says this would be unlawful.

International Business Times

Oil Prices Spike Amid Ceasefire Hopes And Strait Of Hormuz Bottlenecks

Prices had earlier dipped below $95 following initial optimism about the ceasefire before rebounding as doubts emerged over the durability of the agreement.

Barchart

Crude Prices Rally as Strait of Hormuz Remains Blocked

May WTI crude oil (CLK26 ) today is up +6.57 (+6.96%), and May RBOB gasoline (RBK26 ) is up +0.0825 (+2.74%). Crude oil and gasoline prices are moving sharply higher today on doubts about the sustainability of the US-Iran ceasefire. The Strait of Hormuz remains blocked, and Israeli attacks on...

Barchart

Stock Indexes Rebound Despite Rising Oil Prices

Gemini said Major U.S. stock indexes are rebounding today, led by a 0.48% gain in the Nasdaq 100, even as crude oil prices surge over 5% due to the ongoing blockage of the Strait of Hormuz and escalating tensions between Israel and Lebanon.

The Conversation

Some countries in Asia are rationing energy – why they’ve been hit hardest by the crisis in the Gulf

The war in Iran has led to a global energy crisis. Shipping traffic through the Strait of Hormuz, a major energy chokepoint that handles roughly 20% of the world’s oil, has been largely blocked by Iran since hostilities broke out in late February. This has, at times, caused oil prices…

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