Tag - strait-of-hormuz

 
 

STRAIT OF HORMUZ

A crude oil tanker and a bulk carrier anchored off Long Beach, California, last month. Conflict in the Middle East has sparked a global fuel crunch.
BUSINESS
Jun 4, 2026
Oil falls as Israel and Lebanon agree to conditional ceasefire
The oil market’s main focus remains on the Strait of Hormuz, a key waterway through which one-fifth of global crude normally passes.
U.S. House Speaker Mike Johnson (R-LA) points during a press conference with Republican House Leadership, on Capitol Hill in Washington on Wednesday.
WORLD / Politics
Jun 4, 2026
Republican-led House votes to stop Iran war in rebuke to Trump
The vote against the war is the latest in a series of setbacks for a president who has bent Congress to his will for most of his second term.
Kuwaiti officials inspect damage inside a terminal at Kuwait International Airport following a drone and missile attack on Wednesday.
WORLD
Jun 4, 2026
After strikes against Kuwait, Lebanon ceasefire raises hopes of progress for Iran deal
Iranian attacks damaged Kuwait’s airport and injured dozens while the U.S. military carried out strikes near the Strait of Hormuz.
Prime Minister Sanae Takaichi speaks to reporters after holding telephone talks with Iranian President Masoud Pezeshkian on Monday.
JAPAN
Jun 2, 2026
Iran to work on Japanese ships’ smooth passage through Hormuz
Iranian President Masoud Pezeshkian argued that U.S. maritime restrictions on Tehran remained an obstacle.
Smoke rises in Lebanon following an airstrike, as seen from the Israeli side of the Israel-Lebanon border on Monday.
WORLD
Jun 2, 2026
Lebanon announces partial ceasefire between Israel and Hezbollah, but attacks continue
Iran insists ‌on a halt to Israeli attacks in Lebanon as a condition of any deal to end the war, while the U.S. says the two conflicts are separate.
Most traders and analysts expect the Strait of Hormuz to reopen relatively soon because the economic consequences of a prolonged closure would be too severe.
COMMENTARY / World
Jun 1, 2026
What if the Strait of Hormuz didn’t reopen?
History doesn’t repeat, but it rhymes. So what if something similar were to happen in the Strait of Hormuz? It’s a nightmare few contemplate.
The USS Thomas Hudner at sea on May 19. U.S. strikes on Iran's Gulf coast over the weekend were in response to "aggressive Iranian actions that included the shootdown of a U.S. MQ-1 drone that was operating over international waters," the U.S. Central Command ⁠said in a post on X.
WORLD
Jun 1, 2026
U.S. says it struck Iranian military sites as Tehran responds with air base attack
Air defenses in Kuwait, where a major U.S. base is located, were intercepting missile and drone attacks on Monday as ⁠sirens sounded across the country.
Smoke billows from southern Lebanon, following Israeli strikes, as seen from Nabatieh, Lebanon, on Sunday.
WORLD
Jun 1, 2026
U.S. and Iran trade drafts of deal as Israel expands Lebanon assault
Israel is not party to the talks between the U.S. and Iran and it’s unclear whether it will agree to stop its side war in Lebanon if the war in Iran is resolved.
U.S. President Donald Trump speaks next to Secretary of State Marco Rubio, Defense Secretary Pete Hegseth, Commerce Secretary Howard Lutnick and Transport Secretary Sean Duffy during a Cabinet meeting at the White House on Wednesday.
WORLD / Politics
May 29, 2026
Iran and U.S. reach deal to extend ceasefire, pending Trump’s approval
The agreement would extend the truce for another 60 days ​and allow traffic to flow through the Strait of Hormuz while negotiators tackle issues such as Iran’s nuclear program.
U.S. Secretary of State Marco Rubio and U.S. President Donald Trump during a Cabinet meeting at the White House in Washington on Wednesday
WORLD / Politics
May 28, 2026
Iran and U.S. trade airstrikes after Trump dismisses report of Hormuz deal
The escalation in hostilities sent oil prices surging again and dampened hopes for a peace deal for a war that has killed thousands.
U.S. President Donald Trump during a cabinet meeting at the White House in Washington on Wednesday
WORLD / Politics
May 28, 2026
Trump’s Iran bind deepens with Hormuz shut and hawks pushing war
Adding to the challenge are his own comments lambasting his predecessors for deals similar to the one that has the best chance of success.
A man holds a photo of Mojtaba Khamenei, the new supreme leader, at a memorial ceremony for the victims of the war with the U.S. and Israel, in Tehran on Sunday.
WORLD
May 27, 2026
Iran says new U.S. strikes violate ceasefire
The war ⁠has caused an unprecedented oil supply shock, pushing up the costs of fuel, fertilizer and food.
People cross a street past a billboard on the facade of a building depicting the Strait of Hormuz with a caption in Persian reading "Forever in Iran's Hand," in Tehran on Monday.
WORLD / Politics
May 26, 2026
Iran’s top envoys discussing potential peace deal with Qatar PM, official says
The talks focused primarily on the Strait of Hormuz and Iran’s stockpile of highly enriched uranium, as well as frozen Iranian funds.
Idemitsu Maru arrives at a sea berth off the city of Chita in Aichi Prefecture on Monday.
JAPAN / Society
May 25, 2026
Japanese tanker Idemitsu Maru arrives in Aichi after exiting Strait of Hormuz
The oil tanker is the first to return to Japan through the strait since war broke out in Iran.
U.S. Secretary of State Marco Rubio speaks to journalists before boarding his plane at Indira Gandhi International Airport in New Delhi on Monday. Rubio said Washington would give diplomacy every chance to succeed before exploring "alternatives."
WORLD
May 25, 2026
Iran and U.S. play down hopes for imminent breakthrough in war
U.S. President Donald Trump wrote on Truth Social over the weekend that the U.S. blockade ​on Iran would remain “until an agreement is reached, certified, and signed.”
U.S. President Donald Trump leaves Marine One as he departs from Morristown, New Jersey, on Friday.
WORLD
May 24, 2026
Trump says Iran deal ‘largely negotiated’ and would reopen Strait of Hormuz
Various media in the U.S. and Iran said the memorandum that could yield an agreement lays out a phased framework ‌for ending months ‌of fighting.
Iranian President Masoud Pezeshkian said Thursday "we will never back down” in talks.
WORLD
May 22, 2026
Progress in Iran talks undercut over uranium and Strait of Hormuz tolls
Conflicting statements on key issues left it unclear if the U.S. and Iran were any closer to a deal after renewed threats of escalation in recent days.
A mixture of urea and ammonium sulfate fertilizer on a corn field in Glendora, Mississippi.
BUSINESS
May 22, 2026
Human urine becomes option for farmers in fertilizer supply crunch
From Yorkshire chicken muck to human urine-based products, a fertilizer crunch tied to the Iran war is accelerating demand for alternatives to conventional nitrogen inputs.
"I’ve been doing this for 40 years and it just keeps getting worse,” Bunyut Chaosamut said. "We are sea people; we can’t just quit and start growing rice or planting rubber trees.”
ASIA PACIFIC / Society
May 22, 2026
Southeast Asia’s fishermen are being pushed to the brink by fuel costs
High fuel prices linked to the Iran war are hitting Southeast Asia’s seafood industry hard, forcing boats to stay ashore and raising costs across the supply chai
India has appealed to citizens to drop overseas trips and avoid gold purchases to protect a rupee that is among the world's ​biggest losers since war in the Middle East reduced crude supplies.
BUSINESS / Markets / ANALYSIS
May 22, 2026
Asia’s currencies are flashing the oil shock alarm
Asia buys about 80% of oil shipped through the Strait of Hormuz, and stress in foreign exchange markets is one of the clearest signs of rising fuel prices starting to hurt growth.

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