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YOU WONT BELIEVE: 3 - You Need To See This

Oil's well that ends well? Trump claims nuke deal with Iran to end Hormuz horror

TOI correspondent from Washington: US President Donald Trump announced on Friday that Iran has agreed to give up its enriched uranium and reopen the Strait of Hormuz - in return for unspecified rewards and concessions, according to reports.

The Times of India

'No money is changing hands': Trump rejects $20 billion Iran 'nuclear dust' deal claim

Following Operation Epic Fury, Donald Trump announced significant breakthroughs, claiming Iran's nuclear program has been suspended and the Strait of Hormuz reopened. He stated the US will secure "nuclear dust" without financial exchange, asserting Iran's nuclear ambitions are shut down and a broader conflict-ending deal is nearing completion.

The Times of India

European leaders press ahead with 'defensive' mission after Iran reopens Hormuz

Meeting in Paris, the leaders said that a neutral mission may still be needed to safeguard shipping and prevent renewed disruption in the vital trade route.

Euronews

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Oil price drops below $90 a barrel after Iran says strait of Hormuz is open

Gas price also falls and markets rise amid hopes Donald Trump will succeed in reaching deal with Tehran

The Guardian - UK

Global Oil Prices Collapse as Iran Flashes Green Light at Hormuz, but Trump Refuses to Blink on Naval Blockade

Oil prices plunged after Iran declared the Strait of Hormuz fully open to commercial shipping during the Israel–Lebanon ceasefire, while Donald Trump insisted the US naval blockade of Iranian ports would remain

International Business Times UK

Global sigh of relief and mixed messages as US and Iran say Strait of Hormuz open

Iran and US declare Strait of Hormuz "completely open," but Iran adds that passage is on a "coordinated route" set by Tehran.

Euronews

Hormuz standoff shows no signs of letting up for vital shipping to resume from Gulf

Maritime traffic in the Strait of Hormuz remained at minimal levels on Friday resulting in a giant parking lot, as the US-Iran standoff continues with the same cautious approach since Monday.

Euronews

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France and UK chair meeting on post-conflict Strait of Hormuz mission

French and British leaders were on Friday chairing a meeting in Paris of around 40 countries aimed at signalling to the United States that some of its closest allies are ready to play a role in restoring freedom of navigation in the Strait of Hormuz. Iran said the strait is…

Radio France Internationale

'Been no change': PM rebuffs Trump tantrum on Australia

Anthony Albanese remains adamant no requests for assistance have been made to Australia by the US for help in re-opening the Strait of Hormuz.

AAP

Donald Trump is waiting for a ‘big fat’ hug from his sworn enemy, but what follows might turn things around

President Donald Trump just dropped a Truth Social post that’s equal parts swagger and warning as he gears up for his trip to China next month. The post, which landed ahead of his May 14-15 meeting with President Xi Jinping, starts with a boast about permanently opening the Strait of…

The Mary Sue

Why no nation is truly ‘energy independent’ while the Strait of Hormuz remains closed

The U.S. blockade is working, but a potential global recession still looms.

Fortune

Major humiliation for Donald Trump as ships ignore his Hormuz blockade bluff and sail right through

Donald Trump’s high-stakes gamble to squeeze Iran by blockading the Strait of Hormuz just got a reality check. Within hours of the U.S. Navy’s supposed ironclad blockade taking effect, multiple ships — including some linked to Iran and even a Chinese tanker — sailed right through the waterway like it…

The Mary Sue

Trump says the Iran war is ‘very close to over’—despite no deal, a live blockade, and threats mounting

Both U.S. forces and Iran are now blocking the Strait of Hormuz, but negotiators say an extended ceasefire is imminent.

Fortune

The $100 Barrel Is Back: Trading The Hormuz Havoc

Many institutional investors are prioritizing Exxon Mobil Corporation and Chevron Corporation as these firms capture gains from high global oil prices.

MarketBeat

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The Times of India

US sets new terms ahead of next Iran talks in Pakistan: Report

The US has reportedly set two conditions for upcoming peace talks with Iran in Pakistan: the full reopening of the Strait of Hormuz with reciprocal measures, and the Iranian delegation needing full authority from the Revolutionary Guard. These demands follow a previous instance where officials reportedly hindered negotiations. Both nations…

Euronews

Viral post comparing Portugal's Hormuz conquest to US Iran operation mixes facts with exaggeration

Is it possible to draw comparisons between the ongoing US military operation against Iran and the onslaught that led to the conquest of Hormuz by the Portuguese Empire in the 16th century? Euronews spoke to two historians about the consequences of the two "expeditions".

The Guardian - AU

US Senate fails to pass war powers resolution for fourth time – as it happened

White House denies US asked for ceasefire extension and says negotiations are ‘ongoing’; Benjamin Netanyahu says ‘too early to say how matter will end’

The Conversation

The Islamabad talks were doomed to failure – and Hormuz blockade has thrown another obstacle to any Iran-US deal

Twenty-one hours of direct negotiations. The highest-level face-to-face engagement between Washington and Tehran since the 1979 Islamic Revolution.

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The Times of India

China-linked tanker that tested US blockade of Hormuz makes U-turn

A US-sanctioned tanker, the Rich Starry, linked to China, appeared to reverse course in the Gulf of Oman after transiting the Strait of Hormuz. Its movements are closely watched as a test of President Trump's naval blockade, with another tanker, Elpis, also showing unusual activity near Iran.

The Guardian - AU

IMF warns ‘unprecedented’ energy crisis could trigger global recession as Australia prepares for Washington talks

As treasurer Jim Chalmers weighs ‘extreme uncertainty’, one economic scenario sees global growth plunging to just 2% in 2026

The Independent UK

Trump’s blockade appears to be turning back tankers in the Strait of Hormuz – but Iran has a trick up its sleeve

Analysts say that Iran has already moved vast quantities of its oil offshore and a full blockade would be complex to implement

Euronews

Hormuz standoff turns into a cautious waiting game as US blockade begins

Trump claims Iran made new contact for a deal, as the first hours of the US blockade in the Strait of Hormuz show an apparent cautious approach from all sides as the fragile ceasefire is still holding. But China announces its own shipping transit agreement with Iran, warning the US…

The Times of India

Trump vows to hit Iran ships as US begins strait blockade

WASHINGTON : The US military said it would begin enforcing President Donald Trump-announced blockade of the Hormuz Strait at 10am EST on Monday (7.30pm IST), while clarifying that the embargo will only apply to vessels entering or departing Iranian ports and not other Gulf entrepôts. Iran responded by saying “no…

The Guardian - AU

US talks between Lebanon and Israel end – as it happened

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The Conversation

Strait of Hormuz blockade: the complex regional realities the US ignores at its peril

After the breakdown of ceasefire talks between the United States and Iran, President Donald Trump has now ordered a blockade of the pivotal Strait of Hormuz in the Persian Gulf.

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