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The Latest Breaking News from Strait

Oil prices extend decline on expectations of smoother crude flows via Hormuz

Oil prices dipped to four-month lows as tensions eased between the US and Iran, paving the way for more tankers to navigate the Strait of Hormuz. Following peace talks and a sanctions waiver, Iran's oil sales are expected to increase. Discussions are ongoing regarding navigation in the vital waterway, with…

The Economic Times

UN launches evacuation of 11,000 stranded sailors in Strait of Hormuz amid US-Iran toll dispute

The UN is actively facilitating the evacuation of approximately 11,000 sailors from the Strait of Hormuz, a critical move emerging from a recent US-Iran peace accord. While maritime activities begin to resume, disputes linger regarding the future management and potential tariffs of the strait's usage. The US upholds its position…

The Times of India

'All-time record, Strait totally open': Trump says 19 million barrels of oil exited Hormuz on Monday

President Trump announced unprecedented maritime activity in the Strait of Hormuz following a new diplomatic understanding with Iran. He claimed record oil flow and asserted that oil prices are falling, making the world safer. The US also aims to permanently block Iran's path to nuclear weapons, while regional stability remains…

The Economic Times

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'Nuclear inspection in Iran to be highest': Trump says blockade to resume if Iran goes back on deal

US President Donald Trump announced Iran has agreed to long-term nuclear facility monitoring and financial concessions, with Washington easing Strait of Hormuz shipping restrictions. Trump claimed this secures "Nuclear Honesty" and an open Strait, citing record oil flow. However, Iranian officials disputed the scope of nuclear inspections, stating previously targeted…

The Times of India

Eleven India-bound vessels have crossed Strait of Hormuz since signing of Iran-US MoU: MEA

Eleven India-bound vessels have successfully navigated the Strait of Hormuz since the US-Iran agreement on June 17, according to MEA spokesperson Randhir Jaiswal. Ten Indian-flagged ships remain in the Persian Gulf, with two more entering the region. This crucial waterway, vital for global oil transit, has recently faced disruptions, raising…

The Economic Times

No bids made in Indian Oil tender for ships to carry Gulf cargoes, say sources

Indian Oil Corporation has failed to secure any bids for chartering vessels to transport crude oil and LPG from the Strait of Hormuz. Ship owners are hesitant due to the current geopolitical climate, preferring to await clearer terms before entering the region. The tenders sought to move significant quantities of…

The Economic Times

Middle East live: Hezbollah demands full Israeli withdrawal from south Lebanon

Hezbollah leader Naim Gassem on Tuesday insisted upon a complete, scheduled withdrawal of Israel’s troops from southern Lebanon after authorities earlier said Israeli fire had killed two people there despite a ceasefire. "Israel has no choice but to fully withdraw … without retaining an inch," he said in a televised…

France 24

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Vance claims Iran will allow nuclear inspectors in after hailing ‘great progress’ in peace talks

JD Vance insisted the first talks had laid a ‘good foundation’ for a final deal, despite lingering concerns over Lebanon and the Strait of Hormuz

The Independent UK

'The Strait of Hormuz Is Not Your Personal Casino': Iran Mocks Trump After Fresh Threat

Iran and Trump trade sharp threats over the Strait of Hormuz as tensions rise, with fiery exchanges over sovereignty, oil security, and regional military escalation.

International Business Times UK

Iran and US make progress on Hormuz despite Trump's explosive threats

JD Vance said 18 hours of talks in Switzerland had "laid a very good foundation" after both sides agreed a mechanism to keep the Strait of Hormuz open and maintain Lebanon's ceasefire, even as Trump threatened to hit Iran "only harder".

Euronews

Will Petrol Prices Rise Again in the UK? Strait of Hormuz Closure Could Hit Drivers Within Weeks

Iran's closure of the Strait of Hormuz could spike UK fuel prices and disrupt global energy markets. What this means for British drivers and how to mitigate rising costs?

International Business Times UK

Iran, US establish communication line to safeguard shipping through Hormuz, say mediators

Iran and the United States have established a direct communication line to "avoid incidents and miscommunication" in the Strait of Hormuz, mediators Qatar and Pakistan announced on Monday after the first round of high-level talks under a 14-point Memorandum of Understanding (MoU).

The Economic Times

Iran-US war latest: US waives Iran oil sanctions as Tehran disputes Vance’s nuclear inspection claims

Iran will now be able to export oil in US dollars for the first time in decades

The Independent UK

US and Iran conclude high-level talks in Switzerland, mediators say

BUERGENSTOCK, Switzerland/DUBAI - The first round of talks between high-ranking US and Iranian officials in Switzerland ended on Monday, mediators said, after a tense opening marked by ‌Tehran's announcement it had again closed the Strait of Hormuz and US President Donald Trump repeating his threats to resume attacks on Iran.

Bangkok Post

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The Economic Times

Oil rises after Iran shuts Hormuz again, Trump threatens new attacks

Oil prices surged Monday as shipping through the Strait of Hormuz slowed amid escalating tensions. Talks between U.S. and Iranian officials began on a rocky note, with Iran citing violations of a peace deal. Despite expectations of increased supply and potential sanctions relief, the market reacted to disruptions in a…

The Economic Times

US-Iran talks go into Day 2 after Trump threats, Hormuz closure

Peace talks between the U.S. and Iran in Switzerland faced immediate tension as Tehran announced the closure of the Strait of Hormuz again, prompting Trump to reiterate threats of renewed attacks. Despite conflicting accounts of the negotiations, discussions reportedly covered the Strait, Lebanon and nuclear issues.

France 24

What's the state of the Strait?

US and Iranian officials have begun talks in Switzerland, just five days into a 60-day ceasefire agreement that already appears under strain. Tehran claims it has closed the Strait of Hormuz, citing the continued fighting in Lebanon, while Washington says the talks are focused on ending Iran's nuclear weapons ambitions…

Salon

Trump threatens Iranian officials

The president said the officials "would not have a country" if they closed the Strait of Hormuz

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The Times of India

Swiss talks begin under shadow of Trump tirades

Reports of Iran having closed the Strait of Hormuz again emerged after it accused Israel of continuing attacks in Lebanon in violation of the terms of the MoU. Israel says it is only responding to attacks from Hezbollah. Washington has leaned on Israel to end the attacks to give peace…

The Times of India

'You won't make it back to your country': Amid US-Iran talks, Trump warns Tehran against closing Strait of Hormuz

As the United States and Iran opened talks in Switzerland aimed at ending their war, US President Donald Trump claimed on Sunday that he had spoken overnight with Iranian officials and recounted an expletive-filled warning he allegedly delivered to them: if the Strait of Hormuz was shut again, they "wouldn't…

International Business Times UK

Peace Deal on the Brink? US-Iran Talks Open in Switzerland as Strait of Hormuz Crisis Threatens to Blow Up Fragile Ceasefire

US and Iran engage in crucial peace talks in Switzerland to solidify a fragile ceasefire amidst tensions over the Strait of Hormuz, impacting global energy markets

The Independent UK

Trump threatens tolls in Strait of Hormuz if peace deal not reached

IN FULL

MarketBeat

The Oil Trade May Not Be Over: 3 Energy Stocks to Watch

Oil markets may remain tight through summer despite the Strait of Hormuz reopening, positioning XOM, COP, and VLO for windfall profits and accelerated capital returns.

Bangkok Post

US disputes Iran's claims Hormuz closed, negotiations to resume Sunday

ZURICH - Negotiators from the United States and Iran were set to resume peace talks in Switzerland on Sunday, even as US officials disputed Iranian claims about closing ‌the key Strait of Hormuz.

The Economic Times

US, Iran negotiators add 'emergency session' on Israel-Hezbollah conflict in Switzerland meet

Peace talks between the US and Iran in Switzerland have been urgently expanded to include the Israel-Hezbollah conflict, marking a significant shift in US strategy. The Strait of Hormuz remains a point of contention, with Iran claiming control amid Israeli strikes on Lebanon, a claim the US denies. Mediators from…

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