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The Latest Breaking News from the Strait of Hormuz

Tehran labels framework deal 'US defeat' as Trump threatens to halt talks

Iranian key negotiator hailed the US–Iran framework deal as a “declaration of US defeat,” while Trump warned that talks would end immediately if reports that Tehran is seeking to impose tolls on ships transiting the Strait of Hormuz prove to be true.

Euronews

War-induced fertilizer shortage may be reducing US soil and water pollution

American farmers are expected to plant several million fewer acres of corn in 2026 than they did in 2025, as the closure of the Strait of Hormuz throttles a key fertilizer trading corridor, along with the energy and raw materials needed to produce and transport fertilizer.

The Conversation

Brent crude falls 3%, drops below $75/bbl for first time since US-Iran war began

Global oil prices tumbled as signs emerged of increased tanker activity in the Strait of Hormuz, potentially signaling Iran's return to the market. Analysts suggest this, coupled with eased hostilities and a U.S. sanctions waiver, is pressuring prices. Despite encouraging signs, uncertainty lingers over the durability of U.S.-Iran nuclear talks,…

The Economic Times

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Brent Crude Falls To Lowest Level Since The Day Before The Iran War Began

Oil prices continue to drop as shipping through the Strait of Hormuz resumes.

International Business Times

U.N. Maritime Agency Launches Plan to Evacuate 11,000 Seafarers Stranded in Strait of Hormuz

The United Nations' maritime agency has begun implementing a large-scale operation to evacuate more than 11,000 seafarers stranded aboard hundreds of vessels in and around the Strait of Hormuz.

International Business Times

Gold prices fall Rs 2,200/10 gms; silver tanks Rs 3,300/kg as rate hike fears outweigh falling oil prices. Key levels to watch

Gold and silver prices fell sharply on MCX on Wednesday as a stronger U.S. dollar and rising expectations of Federal Reserve rate hikes dampened sentiment, outweighing support from easing oil prices and the gradual reopening of the Strait of Hormuz.

The Economic Times

Middle East live: Israeli defence minister says forces will not withdraw from south Lebanon

Israel’s Defence Minister Israel Katz on Wednesday said Israel would not withdraw from south Lebanon, even under US pressure. Earlier a spokesman for Pakistan's foreign ministry told journalists in Islamabad that technical discussions between the United States and Iran would resume next week. Follow our liveblog for the latest developments.

France 24

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UAE oil exports rebound to 85% of pre-war levels as Gulf supply routes adapt: IEA

United Arab Emirates oil exports have rebounded significantly, reaching nearly 85% of pre-conflict levels by early June. Leveraging alternative routes, extensive storage, and strategic shipping, the UAE successfully navigated Gulf tensions. Exports surged from 1.9 million barrels daily in March to 4.3 million in early June, demonstrating resilience amidst global…

The Economic Times

Oil Price Today (June 24): Crude oil near 4-month low as more tankers pass through Hormuz. What are experts saying?

Oil prices extended their decline on Wednesday, hovering near the four-month lows touched in the previous session, as signs emerged that more oil tankers stranded in the Gulf since the start of the Iran conflict are preparing to move through the Strait of Hormuz.

The Economic Times

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

UN starts evacuation of 11,000 seafarers stranded in Strait of Hormuz after ceasefire

A major evacuation plan is now underway for over 11,000 seafarers aboard hundreds of ships stranded in the Gulf. Following a ceasefire deal between Iran and the U.S., the UN's International Maritime Organization is coordinating the phased departure through the Strait of Hormuz. Safety guarantees have been secured, with temporary…

The Economic Times

'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

Rubio arrives in UAE with aim to head off Gulf Arab unease over tentative Iran deal

US Secretary of State Marco Rubio is in the UAE to address concerns over a new Iran deal. The agreement, brokered by Vice President JD Vance, aims to end regional hostilities and reopen the Strait of Hormuz. Rubio emphasized that Iran's leadership must choose to be a nation, not a…

The Economic Times

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The Economic Times

Rubio says US will not accept Iranian tolls on Hormuz

US Secretary of State Marco Rubio firmly stated that Washington will not permit any tolls on the Strait of Hormuz, an international waterway. This comes as Iran and Oman announced they would study administration and costs for the route, asserting sovereignty. Meanwhile, the UN is set to evacuate over 11,000…

Barchart

Crude Oil Prices Fall as Oil Supplies Flow Through the Strait of Hormuz

August WTI crude oil (CLQ26 ) today is down -0.67 (-0.91%), and August RBOB gasoline (RBQ26 ) is down -0.0534 (-1.85%). Crude oil and gasoline prices are under pressure today, with crude oil falling to a 3.5-month low. Today’s rally in the dollar index ($DXY ) to a 13-month high...

France 24

Iran, Oman mull charging Strait of Hormuz 'maritime service fees'

Iran and Oman said Tuesday they would examine charges for what they called maritime service fees in the Strait of Hormuz through a joint working group, pressing ahead with discussions over the strategic waterway despite US opposition to any sort of toll system.

The Independent UK

UN agency says plan underway to evacuate 11,000 stranded seafarers through the Strait of Hormuz

A U.N. agency says a plan is underway to evacuate 11,000 stranded seafarers through the Strait of Hormuz

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The Conversation

The Strait of Hormuz is finally reopening but Europe’s food chain suppliers cannot afford to be complacent

Our study of agri-food systems suggests that the most powerful resilience levers are not found inside single firms, but in the supply chain’s ability to adapt, collaborate, and move quickly as a network.

The Economic Times

Iran-U. S war ends but Strait of Hormuz disruptions could continue for months ahead. Here's why

Strait of Hormuz continues to remain the bone of the contention in Iran-U.S. deal and middle-east gulf countries' geo-politics. The question remains when will situation normalize.

Euronews

Iran sharply contradicts the US, pushing its own view of framework deal

Shortly after the first high-level US-Iran negotiations ended, discrepancies emerged over what the two sides actually agreed, as Tehran moved to directly contradict US Vice President JD Vance’s statements, prompting US President Donald Trump to reject Iran's claims.

The Conversation

From Hormuz to the cockpit: How warfare and criminal activity undermine GPS and the race to safeguard navigation

Few people want to get lost when traveling. But if there are places where being lost feels especially unsettling, they tend to be the sea, desert and sky. These environments share a defining feature: the absence of distinctive visual cues. Where horizons blur, landmarks disappear and every direction can look…

The Economic Times

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

Monday ship traffic through Strait of Hormuz highest since start of war: monitor

A record 36 commodity carriers navigated the Strait of Hormuz on Monday, a significant uptick following a US-Iran memorandum to end the Middle East war. This surge, nearing a third of normal peacetime traffic, follows Iran's earlier closure of the vital waterway. Despite a recent reopening, Iran's assertion of administering…

The Times of India

Ships return to Strait of Hormuz, but Iran-US clash over tolls raises new risks

Recent reports indicate that ship traffic in the Strait of Hormuz has started to increase following a temporary agreement, although it remains lower than levels seen before the conflict. Navigational difficulties persist due to the presence of mines in specific routes. Shipping companies are expressing unease over a dispute regarding…

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