The Strait of Hormuz

August 22, 2026 3:23 PM

Iran grants permission for a number of Iraqi oil tankers to pass through Hormuz

Iran has granted permission for a number of Iraqi oil tankers to pass through the Strait of Hormuz following repeated requests from Baghdad through various channels, Iran’s state news agency IRNA reported on Saturday. IRNA said obtaining special permission for Iraqi tankers was one of Baghdad’s main requests during Iranian parliament speaker Mohammad Baqer Qalibaf’s visit to Iraq. Iraqi President Nizar Amedi said on Saturday that Iran had facilitated the passage of vessels carrying Iraqi...

August 22, 2026 8:44 AM

US, Iran keep up hostile rhetoric ahead of new sanctions

The United States and Iran exchanged defiant messages ahead of Monday's scheduled announcement of new U.S. economic sanctions that could impact the Islamic Republic and Tehran's most important trading partners including China. As the war neared six months old, the two sides were not exchanging fire but also not pursuing peace talks. All the while, oil shipments through the Strait of Hormuz have virtually halted as Tehran clings to its leverage by threatening to strike any unauthorized oil tanke...

August 19, 2026 8:13 AM

Trump says no talks planned with Iran, Tehran says Strait of Hormuz still shut

U.S. President Donald Trump said on Tuesday no talks were taking place with Iran and insisted the Strait of Hormuz was open, contradicting Iran's assertion that the critical waterway remained shut to shipping. The receding prospects of a deal to end the nearly six-month conflict drove up oil prices again on Tuesday, while stock markets sagged and borrowing costs for major economies including the U.S. hit multi-decade highs, amid concerns about the long-term inflationary and fiscal impact of the...

August 14, 2026 11:14 AM

Hormuz shipping traffic capped amid competing claims from US and Iran

Shipping traffic at the Strait of Hormuz fell below the month average towards the end of the week due to volatile sentiment between the United States and Iran, with both countries making competing claims over its control. The Strait of Hormuz is "under Iran's control and management", the recently appointed head of Iran's Basij paramilitary unit said on Thursday. Meanwhile, the United States on Thursday said it could maintain a naval blockade of Iran indefinitely and would ratchet up economic p...

August 11, 2026 11:42 AM

Gulf shipping traffic via Strait of Hormuz falls to six vessels

Shipping traffic through the Strait of Hormuz fell to six on Monday, compared with a 10-day average of about 11 vessels, shipping data showed, amid fading hopes of a peace deal between the U.S. and Iran. Four commodity vessels, including two empty oil product tankers, entered the waterway, data from Kpler showed on Tuesday as of 0420 GMT. Two vessels — a small tanker laden with liquefied petroleum gas and another carrying residual fuels — exited the Strait, the data showed. In pre-war days...

August 11, 2026 8:37 AM

Oil prices rise, Asia stocks drift amid US-Iran stalemate

Oil prices rose on Tuesday as negotiations between the U.S. and Iran over a peace deal and the reopening of the Strait of Hormuz hit an impasse, while Asian shares drifted on protracted uncertainty over the global inflation outlook. U.S. President Donald Trump on Monday responded to Iran's conditions for a peace deal with his own demands that Iran pay compensation for people killed in wars, attacks and protests, in a rhetorical escalation likely to complicate efforts to reopen the crucial water...

August 10, 2026 10:42 AM

Iran ties Hormuz reopening to US concessions on several demands

Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must meet other conditions, including compensation and an end to sanctions and military threats, before the strategic waterway is reopened. A U.S. official told Reuters on Friday that Iran and Oman were close to a deal that could pave the way for restoring safe passage through the strait, a major conduit for oil and gas shipping before Iran blocked Hor...

July 27, 2026 9:03 AM

Global shares, bonds bounce as oil skid offers inflation relief

Share markets rallied in Asia on Monday as a pause in fighting in the Gulf dragged oil prices sharply lower, easing inflation risks and boosting bonds ahead of a packed week of central bank meetings and corporate earnings. Iran said on Sunday it would halt its own attacks as long as the United States did the same, with the U.S. military reportedly concerned about dwindling supplies of ammunition. Yet, Yemen's Iran-aligned Houthis had still attacked Saudi oil installations along the Red Sea coa...

July 23, 2026 10:21 AM

‘Defence doctrine clear: eye for an eye’: Iran vows decisive response against ‘any aggression’

Iran on Wednesday warned that any aggression against the country, including attacks on its infrastructure, would be met with a "powerful and decisive response," as tensions with the United States continued to escalate over the Strait of Hormuz and the ongoing conflict in the region. Iranian Foreign Minister Seyed Abbas Araghchi said those supporting any attack on Iran would also be considered "legitimate targets." In a post on X, Araghchi said, "Our defense doctrine is clear: eye for an eye. A...

July 21, 2026 4:50 PM

Iranian forces target Bahrain and Kuwait after US hits Iran’s south

U.S. forces bombed targets in southern Iran overnight after President Donald Trump said Tehran would pay dearly for the deaths of American soldiers, while Iran targeted U.S. sites in Bahrain, Kuwait and Jordan and a tanker was hit in the Strait of Hormuz. The exchanges came a day after Yemen's Iran-aligned Houthis said they would impose a naval blockade on Saudi Arabia, opening a potential new front in the war and raising the threat to global energy supplies and trade beyond the Gulf. Despite ...