Strait of Hormuz

May 30, 2026 11:11 AM

Trump says he will soon decide on Iran deal, demands reopening of Hormuz Strait

U.S. President Donald Trump said on Friday he would soon decide on a proposed deal to extend the ceasefire with Iran, though the two countries still appeared to differ on significant issues that have been central to the conflict. Trump said on Friday morning that he would meet in a secure White House room to make a "final determination" on the proposal, which would extend an early-April truce for another 60 days, giving negotiators time to forge a permanent end to the war. A White House offici...

May 29, 2026 3:19 PM

How far have the U.S. and Iran got towards ending the Iran war?

The United States and Iran have reached an agreement to extend a ceasefire, allow shipping through the Strait of Hormuz and lift a U.S. blockade and some sanctions on Iran, sources told Reuters, but the deal has not been finalised. An agreement would represent a big step towards ending a war that has pushed the world towards an energy crisis, though the underlying dispute over Iran's nuclear programme would only be thrashed out in talks over subsequent weeks. WHERE HAVE THE DISCUSSIONS GOT TO?...

May 28, 2026 9:48 AM

US strikes Iran again, official says, after Trump denies deal on Strait of Hormuz

The U.S. military carried out new strikes targeting an Iranian drone operation that posed a threat to U.S. forces and commercial shipping in the Strait of Hormuz, a U.S. official said, hours after President Donald Trump dismissed an Iranian ‌report of a deal to restore traffic through the strategic waterway. The U.S. official, who requested anonymity to speak candidly about military operations, told Reuters on Wednesday the military shot down four Iranian attack drones and struck a ground ...

May 25, 2026 6:56 PM

Iran “not seeking” tolls on vessels passing through Hormuz, working with Oman on safe passage mechanism

Iran on Monday said that it is "not seeking" to impose tolls on vessels passing through the strategic Strait of Hormuz amid reports suggesting the Islamic Republic is allegedly collecting a fee from ships transiting through the strategic waterway. Addressing a weekly press briefing, Iranian Foreign Ministry spokesperson Esmail Baghaei stated that Iran is instead working with Oman to establish a mechanism for the safe passage of ships through the Strait. He stated that the efforts by Iran and O...

May 22, 2026 9:11 AM

US and Iran still at odds on key issues, but both sides report signs of progress

The U.S. and Iran stuck to opposing stances on Thursday over Tehran's uranium stockpile and controls on the Strait of Hormuz, although U.S. Secretary of State Marco Rubio said there had been "some good signs" in talks. U.S. President Donald Trump said the U.S. will eventually recover Iran's stockpile of highly enriched uranium - which Washington believes is destined for a nuclear weapon though Tehran says it is intended purely for peaceful purposes. "We will get it. We don't need it, we don't ...

May 21, 2026 5:14 PM

No full Hormuz flows until first half of 2027, UAE’s oil giant says

Full oil flows through the Strait of Hormuz will not return before the first or second quarter of 2027, even if the Middle East conflict ended now, the head of the United Arab Emirates' state oil firm ADNOC said. The outlook is among the most pessimistic by top industry executives and underscores the prolonged economic impact of the Iran war which has triggered what the International Energy Agency has called the largest ever energy crisis because of the near-closure of the strait. Iran has est...

May 21, 2026 9:24 AM

Global stocks soar on Nvidia earnings, Samsung strike suspension

Asian stocks surged on Thursday as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended workers' strike at Samsung Electronics lifted shares of chipmakers. MSCI's broadest index of Asia-Pacific shares outside Japan climbed 2.6%, snapping a four-day streak of losses. Korea's leapt more than 7%, Taiwanese shares rose 3.5% and Chinese blue-chips gained 1.1%. Brent crude futures edged up 0.6% to $105.68 a barrel in Asia trade, retracin...

May 18, 2026 9:56 PM

Iran Faces Mounting Global Pressure as G7 Pushes Sanctions and Gaza Flotilla Is Seized

Iran is facing intensifying diplomatic and economic pressure on multiple fronts today, as G7 finance ministers gathered in Paris called for tighter coordination on sanctions, Israeli naval forces intercepted a Gaza-bound aid flotilla near Cyprus, and a new Amnesty International report laid bare the scale of executions inside the country. At the G7 finance ministers' meeting in Paris, US Treasury Secretary Scott Bessent called on allied nations to align behind a coordinated sanctions regime aime...

May 14, 2026 6:11 PM

Centre urges citizens not to panic-buy fuel amid West Asia tensions

The Centre on Thursday urged citizens not to indulge in panic buying of petrol, diesel and LPG, saying that adequate stocks of fuel and cooking gas are available across the country despite the evolving geopolitical situation in West Asia. Speaking at an inter-ministerial media briefing held at the National Media Centre, officials from the Ministries of Petroleum and Natural Gas, Ports, Shipping and Waterways, and Information and Broadcasting outlined measures being taken to ensure uninterrupted...

May 13, 2026 9:37 PM

Israeli strikes intensify in Lebanon, casualties reported amid fragile ceasefire

Israeli air strikes intensified across Lebanon on Wednesday, with Lebanese health authorities reporting at least 12 people killed in seven separate attacks targeting vehicles in southern Lebanon and areas south of Beirut. Among the dead were civilians, including a woman and two children, as well as members of Lebanon’s Civil Defence service. The latest strikes come despite a US-mediated ceasefire between Israel and Hezbollah announced in April, which has repeatedly come under strain amid cont...