Strait of Hormuz

Oil prices tumble 4% as U.S.-Iran pause revives hopes for Hormuz shipping

Global oil prices tumbled about 4% on July 27 after the United States and Iran paused attacks against each other following two weeks of escalation.

27 July, 11:05 AM

Top U.S. commander urges halt to bombing campaign near Strait of Hormuz

Commander of the U.S. Military Central Command (CENTCOM) Admiral Brad Cooper recommended stopping the bombing campaign around the Strait of Hormuz, arguing that it has reached the limit of its effectiveness, Axios, citing several sources close to the admiral’s position, reported on July 26.

27 July, 10:26 AM

Oil tanker explodes after hitting mine in Strait of Hormuz

Pro-government Iranian media reported on July 26 that an oil tanker struck a mine and exploded in the Strait of Hormuz.

27 July, 12:29 AM

Trump pauses daily attacks on Iran as Oman pushes Strait of Hormuz deal

President Donald Trump ordered U.S. forces to halt new strikes on Iran on July 24, pausing a campaign of daily attacks that had lasted nearly two weeks, Axios reported.

26 July, 05:40 PM

Crude prices rise as U.S.-Iran conflict worsens and Houthi threats reroute tankers

Oil prices rose amid mounting concerns about further supply disruptions as the U.S. and Iran exchange strikes for the eleventh consecutive night and oil tankers turn away in the Red Sea following warnings from Houthi rebels, Reuters reported on July 22.

22 July, 12:51 PM

U.S. on verge of full-scale war with Iran following deaths of American troops

The death of more American troops in the Middle East after the collapse of a ceasefire has put the United States and Iran on the brink of full-scale war, The Washington Post reported on July 20.

20 July, 12:17 PM

U.S. reimposes naval blockade against ships transiting to or from Iranian ports

U.S. forces resumed the naval blockade against ships transiting to or from Iranian ports, U.S. Central Command (CENTOM) announced in a statement on July 15.

15 July, 08:16 AM

U.S. resumes strikes on Iran after renewed attacks near Hormuz

The United States resumed strikes on Iran overnight on July 14, including on Iranian facilities around the Strait of Hormuz, Reuters reported.

14 July, 11:45 AM

Iraq, Syria, and U.S. set to restore 70-year-old oil pipeline to bypass Strait of Hormuz

Iraq, Syria, and the U.S. plan to restore an 800-kilometer pipeline running from Iraq to Syria's Mediterranean coast as part of efforts to reduce Iran’s control over the Strait of Hormuz, the Middle East Eye, citing senior Iraqi and regional officials, reported on July 11.

13 July, 12:06 PM

Trump administration prepares for prolonged military conflict with Iran — Axios

U.S. President Donald Trump administration is preparing for a potential multi-day or even multi-week exchange of strikes with Iran over the situation in the Strait of Hormuz, Axios reported, citing American officials, on July 9.

9 July, 11:15 AM

U.S. launches renewed strikes against Iran in response to attacks on ships in Hormuz Strait

U.S. Forces launched strikes on Iran in retaliation against Tehran’s attacks on commercial ships in the Strait of Hormuz, The Guardian reported on July 8.

8 July, 01:04 PM

Europe risks entering winter with lowest gas stocks in 15 years

Europe is entering the second half of 2026 with the lowest gas storage levels in at least 15 years, risking higher energy prices for businesses and households, the Financial Times reported on June 29.

30 June, 02:41 AM

U.S. will win either way against Iran – JD Vance

U.S. Vice President JD Vance said Washington is prepared to pursue a new relationship with Iran if Tehran abandons its nuclear weapons ambitions, adding that the United States would prevail regardless because Iran's nuclear program had been "functionally destroyed on June 28.

28 June, 04:02 PM

New tanker strike in Strait of Hormuz raises pressure after U.S.-Iran memo

Another vessel was attacked in the Strait of Hormuz, with a projectile hitting a tanker and damaging its bridge, Bloomberg reported.

27 June, 09:30 PM

Iran strikes Singapore-flagged civilian cargo ship in Hormuz Strait

A Singapore-flagged civilian cargo ship was struck by an unknown projectile in the Strait of Hormuz off the coast of Oman, CBS News reported on June 26.

26 June, 08:19 AM

Oil prices plunge to four-month lows as Strait of Hormuz shipping resumes

Oil prices dropped by more than 1% to near four-month lows as signs emerged that more oil tankers could leave the Strait of Hormuz, Reuters reported on June 24.

24 June, 01:30 PM

Oil prices fall as tanker traffic returns to the Strait of Hormuz

Oil prices extended losses after falling in the previous session as markets focused on the resumption of tanker traffic through the Strait of Hormuz following U.S.-Iran peace talks, with Brent crude futures down 0.3% to $77.70 a barrel on June 22.

23 June, 12:55 PM

U.S., Iran open high-level talks in Switzerland as Hormuz dispute deepens

High-level talks between the United States and Iran began in Switzerland, with representatives of mediator states Qatar and Pakistan also taking part, Qatar’s Foreign Ministry said.

21 June, 09:30 PM

Iran demands end to Hezbollah war, oil curbs before reopening Hormuz

Iran is demanding an end to Israel’s war against Hezbollah in Lebanon and the removal of all restrictions on its oil sales before reopening the Strait of Hormuz, Iran’s Tasnim news agency reported, citing a source close to the negotiating team.

21 June, 06:52 PM

Oil prices fall as tankers resume transit through Strait of Hormuz

Oil prices fell as expectations of increased crude supplies improved after oil tankers resumed transit through the Strait of Hormuz following a U.S.-Iran peace agreement, Reuters reported on June 19.

19 June, 01:57 PM

Strait of Hormuz

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