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Los Angeles TimesThe U.S. military fired a missile into the engine room of the cargo ship Lian Star after it ignored more than 20 warnings while attempting to reach an Iranian port. The vessel remains adrift in the Gulf of Oman.
ibtimes.comBitcoin rose back above $74,000 after President Trump stated that a naval blockade in the Strait of Hormuz had concluded. The price recovery followed an earlier decline tied to the reported blockade.
risk.netMoney managers more than doubled bearish bets on Brent crude over seven weeks. The increase coincides with expectations that the Strait of Hormuz blockade may ease.
Australia imports over two million tonnes of fertiliser annually, most of it derived from fossil fuels. Supply disruptions linked to the war in Iran and the Strait of Hormuz blockade have created the third shortage in recent years. Researchers and companies are developing methods…
GB NewsFatih Birol said oil reserves will last several weeks but are shrinking quickly due to the Iran conflict. The warning came at a G7 finance ministers meeting in Paris.
activistpost.comThe Strait of Hormuz remains almost completely blocked amid the conflict involving the United States, Israel, and Iran. Kpler reported cumulative Middle East oil supply losses of 782 million barrels as of May 8, with losses projected to reach 1 billion barrels by the end of May.
ForbesLNG prices in Southeast Asia have doubled to $20.80 per MMBtu following the blockade of the Strait of Hormuz. Regional governments are accelerating renewable energy projects and discussing an integrated power grid.
dailycaller.comOil prices declined in volatile trading amid U.S. President Donald Trump's announcement of Project Freedom to escort neutral vessels from the Strait of Hormuz. A tanker was hit by projectiles near Fujairah, UAE, highlighting risks in the region. OPEC+ agreed to boost output by 18…
pravdareport.comThe Strait of Hormuz blockade has disrupted Gulf jet fuel exports, driving prices above $1500 per tonne in Europe and risking shortages. Airlines including Lufthansa and Air France KLM have cut schedules, while UK officials warn of cancellations impacting holidays. Extra U.S. imp…
aircargoweek.comThe UK government announced measures to let airlines combine flights this summer to avoid cancellations as jet fuel prices hit $179 per barrel. The plan addresses disruptions from the Strait of Hormuz blockade since the Iran war began in February. Ryanair's CEO warned of European…
theolivepress.esThe UK government announced measures allowing airlines to merge passengers onto fewer flights and temporarily return airport slots without penalty over the summer, responding to elevated jet fuel prices from the Middle East war. Jet fuel costs hit $179 per barrel amid the Strait…
Substrate placeholder — needs reviewIran submitted a new proposal for negotiations with the U.S. via Pakistani mediators, but President Donald Trump stated he was not satisfied with it. The ongoing ceasefire holds amid diplomatic efforts to reopen the Strait of Hormuz. Casualty figures from the war and related inci…
indiatoday.intoday.inA blockade of the Strait of Hormuz is underway, leading to divergent economic impacts for oil exporters in the Persian Gulf. Saudi Arabia and Oman are positioned for gains from elevated oil prices, while the UAE faces reduced petrodollar income. The development highlights regiona…
rediff.comIran's official annual inflation has reached 50% following a ceasefire, with the rial at a record low and widespread job losses. The US naval blockade continues to halt oil exports and imports. Reconstruction costs near $270 billion as the economy faces severe strain.
Substrate placeholder — needs reviewBrent crude surged past $125 per barrel amid reports that U.S. President Donald Trump will receive a briefing on potential military strikes against Iran to resolve stalled talks. The ongoing blockade of the Strait of Hormuz has driven oil prices higher since the war began in Febr…
WiredPresident Donald Trump rejected Iran's proposal to end the Strait of Hormuz blockade in exchange for lifting U.S. restrictions on its ports, leaving peace talks in limbo. The United Arab Emirates announced its departure from OPEC effective May 1, amid rising gas prices. Separatel…
tass.comPresident Donald Trump has instructed aides to prepare for a prolonged U.S. naval blockade of the Strait of Hormuz to increase economic pressure on Iran as the conflict enters its third month. The war has already cost the U.S. $25 billion, driven oil prices above $117 per barrel,…
abcnews.go.comUS Treasury Secretary Scott Bessent announced maximum pressure on Iran, predicting gasoline shortages due to the ongoing naval blockade. Iran proposed ending attacks in the Strait of Hormuz in exchange for lifting the blockade and postponing nuclear talks, but US officials expres…
opindia.comIranian Foreign Minister Abbas Araghchi met with Russian President Vladimir Putin to discuss strengthening ties, as Iran blames the U.S. for failed peace talks in Pakistan. President Trump canceled a U.S. envoys' trip, citing insufficient Iranian offers. Oil prices climbed, with…
Japan TimesPrime Minister Sanae Takaichi stated Japan will not impose fuel-saving measures or compile a supplementary budget despite oil supply disruptions from the Strait of Hormuz blockade. She emphasized securing alternative supplies without slowing economic activity. Toyota reported dec…
Substrate placeholder — needs reviewPresident Trump announced an extension of the ceasefire with Iran, citing a request from Pakistani officials and the need for a unified proposal from Tehran. The US will continue its naval blockade in the Strait of Hormuz, amid ongoing tensions and fluctuations in global oil pric…
Substrate placeholder — needs reviewU.S. President Donald Trump announced an indefinite extension of the ceasefire with Iran as peace talks stalled, citing a request from Pakistani mediators. He maintained the naval blockade in the Strait of Hormuz, refusing Iran's demand to lift it before negotiations resume. The…
thehindu.comPresident Trump stated that Iran should expect bombing if negotiations in Pakistan fail, amid ongoing tensions over the Strait of Hormuz blockade. U.S. forces boarded another sanctioned vessel in the Indo-Pacific region. Iran reported one of its tankers successfully transited des…
Substrate placeholder — needs reviewKuwait has invoked force majeure on shipments of crude oil and refined products due to a blockade in the Strait of Hormuz that has hindered vessel access to the Persian Gulf. The state-run Kuwait Petroleum Corp. notified customers of the decision, which is not expected to complet…
U.S. Defense Secretary Pete Hegseth and Joint Chiefs of Staff Chair Dan Caine will hold a press conference regarding the military operation in Iran and the blockade of the Strait of Hormuz. The blockade was imposed in response to Iran's tolls on oil shipping.
Substrate placeholder — needs reviewThe United States seized an Iranian-flagged cargo vessel that attempted to breach its naval blockade near the Strait of Hormuz, prompting Iran to vow retaliation and state it has no plans to attend upcoming talks in Islamabad. A tenuous ceasefire expires midweek, as Pakistan push…
Substrate placeholder — needs reviewThe U.S. and Iran are set to return to Pakistan next week for a second round of peace negotiations following a lengthy first session that ended without a deal. Tehran has suspended all petrochemical exports amid ongoing tensions and a shaky ceasefire.
Substrate placeholder — needs reviewUS forces captured an Iranian cargo ship attempting to evade a blockade in the Strait of Hormuz, escalating tensions in the ongoing war with Iran. A high-level US delegation is en route to Pakistan for ceasefire negotiations. The conflict has led to global jet fuel shortages, pro…
Substrate placeholder — needs reviewThe conflict between the United States, Israel, and Iran, which began on February 28, 2026, remains active despite a tenuous ceasefire announced on April 7. Peace talks in Pakistan ended without resolution, and the U.S. has imposed a naval blockade on the Strait of Hormuz followi…
Substrate placeholder — needs reviewU.S. stock indexes advanced on Tuesday as investors reacted to ongoing U.S.-Iran talks. The S&P 500 approached its all-time high following nine positive sessions in the last 10. Oil prices declined while concerns persist over the Strait of Hormuz blockade affecting global oil sup…
indiatoday.intoday.inSaudi Arabia has urged the United States to end its blockade of the Strait of Hormuz. The country fears escalation by Iran that could disrupt other shipping routes. Iran has demanded compensation from Saudi Arabia, the UAE, Qatar, and Bahrain.
Substrate placeholder — needs reviewUK Prime Minister Sir Keir Starmer stated that US President Donald Trump's threat to destroy a civilization unless Iran ends the war was wrong. Starmer announced a UK-France summit to address the conflict and reopen the Strait of Hormuz. The US and Iran agreed to a two-week cease…
Substrate placeholder — needs reviewNegotiations between US and Iranian officials in Pakistan concluded after 21 hours without reaching an agreement on nuclear issues. President Trump announced a US Navy blockade of the Strait of Hormuz in response. The talks occurred amid a 44-day war that has raised global gas pr…
koreatimes.co.krThe United States and Iran agreed to a two-week cease-fire and settlement talks following a five-week blockade of the Strait of Hormuz that disrupted one-fifth of global oil supply. The blockade caused U.S. gas prices to rise nearly 40 percent and heightened recession fears. The…
koreatimes.co.krThe United States and Iran agreed to a two-week cease-fire and settlement talks following a five-week blockade of the Strait of Hormuz that disrupted one-fifth of global oil supplies. The blockade caused U.S. gas prices to rise nearly 40 percent and heightened recession fears. Th…
Substrate placeholder — needs reviewU.S. President Donald Trump has set a deadline of 8 p.m. Eastern time on Tuesday for Iran to reopen the Strait of Hormuz, threatening strikes on bridges and power plants if unmet. The conflict, which began with U.S.-Israel joint attacks on February 28, has reduced maritime traffi…