First Thing: Trump threatens to impose US tolls on Hormuz shipping as strikes on Iran continue Change of US position on free navigation comes as two tankers hit by Iranian cruise missiles The Guardian - UK · Jul 14
‘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 · Jul 14
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 Economic Times · Jul 14
Trump takes a page from Iran's playbook on the Strait of Hormuz, leveraging U.S. influence over the contested chokepoint to generate revenue Trump announced the U.S. will reimpose a naval blockade on Iran and will demand reimbursement on all other cargo shipped through the waterway. Fortune · Jul 13
Donald Trump says US to reinstate Hormuz blockade and impose 20 per cent cargo charge DONALD Trump has said that the US will reinstate the Strait of Hormuz blockade and impose a 20 per cent charge on cargo ... The National (Scotland) · Jul 13
Iran Keeps Closing the Strait of Hormuz—So Why Aren't Governments Panicking Hike Like They Used To? The US-Iran conflict escalates with military strikes, impacting the Strait of Hormuz. This vital trade route sees fluctuating oil prices as tensions rise, prompting global shifts in energy strategies. International Business Times UK · Jul 13
Oil prices leap and stocks fall as Trump reinstates Hormuz blockade on Iranian shipping Brent crude rises 5% after US president says 20% toll will be imposed on key trade route to cover ‘safety and security’ The Guardian - UK · Jul 13
D-St set for a negative opening as GIFT Nifty signals weak start Indian equity markets are expected to sustain their gradual upmove. Supportive domestic fundamentals and improving global cues are driving this positive outlook. The market will likely react to reports of Hormuz closure by Iran. Foreign and domestic institutional investors showed net buying activity on Friday. The Indian rupee ended nearly… The Economic Times · Jul 13
Iran expands attacks on Gulf states after US strikes, says Strait of Hormuz closed U.S. and Iranian forces exchanged heavy missile and drone assaults across the Gulf region. Iran stated it had again closed the vital Strait of Hormuz, impacting global shipping. The United States military launched retaliatory strikes against Iranian facilities on Sunday. This renewed violence casts further doubt on an interim U.S.-Iranian… The Economic Times · Jul 13
Middle East live: US ‘reinstating’ Hormuz blockade, will charge 20% on cargo, Trump says President Donald Trump on Monday said the US is “reinstating” a blockade on Iran in the Strait of Hormuz and will charge ships a “rate of 20% on all cargo shipped” through the waterway for the security costs. Traffic in the strait slowed as Washington and Tehran asserted competing claims… France 24 · Jul 12
US launches fresh strikes on Iranian weapons and boats near Hormuz, Axios reports United States forces conducted strikes on Iranian missile and air defence systems. US forces also targeted Islamic Revolutionary Guard Corps small boats near the Strait of Hormuz. Iran reported that enemy missiles struck Qeshm Island without casualties. These events represent a recent escalation in the strategic waterway. The waterway is… The Economic Times · Jul 12
'Iran does not control the strait': Trump, US military say Hormuz is open, 'traffic is flowing' Iran war news: US military and President Trump said the Strait of Hormuz remains open. Iranian claims of closing the vital shipping route are being challenged by US CENTCOM. Traffic continues to flow through the passageway as concerns over safety rise. Washington and Tehran are currently engaged in a series… The Economic Times · Jul 12
Trump rejects Iran’s strait of Hormuz closure claim as fight for control goes on Ceasefire at the point of collapse after almost a week of tit-for-tat exchanges escalate tensions across Gulf region The Guardian - UK · Jul 12
Fight for Hormuz swings between missiles & diplomacy as Iran minister reaches Oman Iran's foreign minister Abbas Araqchi arrived in Oman to discuss ship passage safety. The United States seeks a public pledge for secure and free transit. Recent hostilities escalated after attacks on commercial tankers in the Gulf. Both sides have agreed to continue talks despite the ongoing conflict. Oil prices have… The Economic Times · Jul 11
The Independent UK · Jul 11 How a vague clause in Trump’s peace deal led to anarchy in the Strait of Hormuz IN FOCUS: The global economy is facing uncertainty after the resumption of hostilities between the US and Iran. Experts tell Maira Butt that negotiators must go back to the drawing board on the Strait if disruption is to be avoided
The Economic Times · Jul 11 Goldman says Hormuz flare-up may delay recovery in oil supplies Renewed tensions between Washington and Tehran have impacted global energy markets significantly. Ship traffic through the strait has nearly halted after recent attacks and exchanges. Flows through the Persian Gulf have retreated closer to seventy percent of normal.
The Guardian - UK · Jul 11 Europe considering proposals to allow navigation fees in strait of Hormuz Plans specify tolls must not be compulsory as US officials urge Iran to make public guarantee of safe passage for shipping
The Economic Times · Jul 11 US issues fresh Iran-related sanctions as conflict flares The United States has imposed new sanctions on Iran's financial networks. These sanctions target a key financier for Mojtaba Khamenei and other individuals. This action follows recent attacks on commercial oil tankers in the Strait of Hormuz. The United States aims to disrupt Iran's access to foreign currency and international…
The Conversation · Jul 10 The US can’t win with force in the Strait of Hormuz – Iran must be offered a realistic incentive to settle Iranian attacks on Gulf vessels trying to transit via Omani sovereign waters have once again pulled the region into a tit-for-tat spiral of escalation.
The Economic Times · Jul 9 Trump’s Penrose stairs in Iran: Why ‘finishing the job’ is so hard US President Trump's Iran strategy faces persistent challenges and limited strategic gains. Iran retains leverage through its ability to disrupt the Strait of Hormuz. Military strikes have not fundamentally altered Iranian behavior or political calculations. Escalation carries significant risks of wider retaliation and economic pressure. The current situation suggests a…
The Guardian - UK · Jul 9 US and Iran trade escalating strikes as supreme leader is buried after days-long funeral Renewed attacks the largest since an interim memorandum was signed this June, with Trump saying fragile truce is ‘over’
The Economic Times · Jul 8 Are US-Iran headed back to war? What next after Trump's new threats US President Trump's comments have intensified the US-Iran crisis with new threats. He is now considering attacks on Iran's power and water infrastructure. Iran has vowed a strong response to any aggression against its sovereignty. Gulf states are likely to push for renewed diplomatic negotiations between both nations. The situation…
inkl · Jul 8 Oil Prices Slide as Markets Bet on Hormuz Normalization Brent and WTI oil prices are on track for their worst quarterly losses since 2020, with Brent trading at around $73.30 per barrel and WTI at $71.11 per barrel during the June 30 session, down 38% and 30% respectively.
International Business Times · Jul 7 Saudi Arabia Reportedly Considering Move To Reduce Its Reliance On Hormuz Strait As Iran Seeks To Tighten Its Grip Saudi Arabia is reportedly considering expanding its pipeline to the Red Sea to reduce its reliance on the Hormuz Strait.
France 24 · Jul 7 Three tankers hit in latest attacks in the Strait of Hormuz, British military says Three tankers were struck in the Strait of Hormuz on Tuesday, the British military said, in a sharp escalation of attacks on commercial shipping through the vital waterway at the mouth of the Persian Gulf.