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The Latest Breaking News from the Strait of Hormuz

Shipping data reveals see-saw situation in Strait of Hormuz

Shipping traffic through the Strait of Hormuz plummeted on Sunday after Iran declared it closed again, citing alleged violations of a peace deal. Data revealed only five vessels passed, a stark drop from the previous day. This comes after Iran had previously lifted a blockade following a ceasefire agreement.

The Economic Times

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

Oil Price Today (June 22): Crude oil rises above $80 as Iran shuts Strait of Hormuz again. What are experts saying?

Brent crude futures rose 54 cents, or 0.67%, to $81.11 a barrel, after briefly touching $82.30 at the start of trading. U.S. West Texas Intermediate (WTI) crude futures gained $2.02, or 2.64%, to $78.62 a barrel ahead of the contract's expiry later on Monday.

The Economic Times

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Oil export curbs waived, blockade lifted: Iran says 'major progress' in US talks

Iran and the US have made significant strides in peace talks, with mediators Qatar and Pakistan announcing major progress. Discussions in Switzerland have led to agreements on oil exports, asset releases, and a development plan for Tehran. A roadmap for a final deal within 60 days has been established, alongside…

The Economic Times

Dollar firms as cracks emerge in peace deal, pound dips on Starmer uncertainty

Global markets faced jitters as U.S.-Iran tensions escalated, impacting oil prices and the Strait of Hormuz. Despite peace talks, threats from President Trump and Tehran's actions cast a shadow. Meanwhile, the British pound weakened amid political uncertainty, and the Japanese yen neared a two-year low, with authorities watching currency movements…

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.

The Economic Times

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Switzerland talks enter tough phase after Trump renews threats against Iran

US Vice President JD Vance said Sunday there was a chance to “turn over a new leaf” with Iran as negotiators met in Switzerland to build on last week’s interim agreement. But President Donald Trump’s renewed threats over Iran-backed Hezbollah and the Strait of Hormuz – and Israel's refusal to…

France 24

Iran Suspend Negotiations as Trump Threats Escalate, Apology Set as Condition for Peace Talks Return

Iran has suspended peace talks with the US in Switzerland after Trump's aggressive statements, demanding an apology and Israeli military withdrawal from southern Lebanon before resuming negotiations.

International Business Times UK

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…

France 24

Three-quarters of Americans say they want Iran war to end and it was not worth the cost

Nearly six in ten Americans say the war caused more problems for U.S. than it solved

The Independent UK

Trump threatens Iranian officials

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

Salon

Iranian negotiators said to still be engaged in talks with US

Despite Iranian media claims of a walkout, US-Iran talks in Switzerland are continuing. President Trump's threats of further strikes over Hezbollah's actions in Lebanon have complicated discussions. Key issues like the Strait of Hormuz, sanctions, and frozen assets remain central, with the conflict in Lebanon proving a significant hurdle for…

The Economic Times

How India can build a bigger oil buffer without straining the exchequer

As tensions around Iran and the Strait of Hormuz ease, India should focus not only on managing the immediate oil crisis but also on strengthening long-term energy security, the authors argue. While the government has asked ONGC to build a new 1.75-million-tonne strategic oil reserve in Mangaluru, expanding reserves through…

The Economic Times

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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 to ‘take over’ Iran if Tehran closes the Strait of Hormuz in profanity filled tirade: report

Israel’s assault into Lebanon is reportedly viewed by Trump’s advisers as an effort to sabotage ceasefire talks

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International Business Times UK

'Your Civilization Will Die': Trump Threatens Iran and Demands US Tolls on Waterway Moving 20% of Global Oil

Trump's latest Truth Social post turns the Strait of Hormuz into a political pressure point, with tolls, ceasefire terms and oil flows all in play.

The Economic Times

Oil keeps flowing through Hormuz despite Iran saying it’s shut

Despite Iran's claims of closing the Strait of Hormuz, millions of barrels of oil continued to flow through the vital waterway over the weekend. Ship-tracking data reveals several supertankers successfully navigated the channel, particularly along Oman's coast, a route the US military asserts it can defend. This development comes as…

The Times of India

Iran ties Hormuz reopening and US peace talks to curbing Israel in Lebanon

Iranian officials said developments in Lebanon would dominate talks with US representatives in Switzerland. Other issues expected to feature in the discussions include access to frozen Iranian assets and the future of Iranian oil exports. "The Zionist regime continues to violate its commitment in Lebanon, this issue will be the…

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.

International Business Times

Trump Posts Threat Aimed At Iran After Vance Reports 'Progress' In Peace Talks

Iran's point of contention is that talks are unacceptable as the initial framework involving a cessation of hostilities in Lebanon has been violated by Israel. The US has failed to uphold its commitments regarding the ceasefire, and hence the closure of the Strait of Hormuz blockade had to be resorted…

The Economic Times

Indian refiners increase Russian and UAE oil imports ahead of Hormuz recovery

India's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imports. This shift represents a calculated diversification strategy, influenced by attractive discounts and apprehensions surrounding the Strait of Hormuz. Venezuela is stepping into a crucial role, while the…

France 24

🔴 Live: US, Iran begin talks as Lebanon conflict threatens deal

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