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Trump says US Navy will escort tankers through the Strait of Hormuz 'if necessary'
WorldFTberlingskeNHK World+8morgunbladiddigi24national-postYahoojapan-timesjerusalem-postKorea Heraldvanguard-ng5h ago11 sources

Trump says US Navy will escort tankers through the Strait of Hormuz 'if necessary'

US President Donald Trump said Tuesday that the US Navy will escort tankers through the Strait of Hormuz "if necessary," amid growing concerns about the impact of the US-Israel conflict with Iran on oil shipments in the strategically vital waterway. Trump made the remarks in a social media post as the US military operation against Iran, codenamed "Operation Epic Fury," entered its fourth day, deepening worries about disruptions to shipping along the strait, which is responsible for about one-fif

Can Iran's economy survive if the war drags on?
BusinessberlingskeFrance 24el-mundo8h ago3 sources

Can Iran's economy survive if the war drags on?

Iran took the risky gambit of closing the Strait of Hormuz, which could backfire and hurt its own economy.  France 24's Yuka Royer speaks with Iranian-Austrian economist Mahdi Ghodsi from the Vienna…

Oil prices jumped above $83
Financeindex-hrn1-bihkuwait-times15h ago3 sources

Oil prices jumped above $83

Oil prices jumped above $83 due to conflict with Iran, the blockade of the Strait of Hormuz, and production halts in the region.

Iran war could ‘significantly disrupt’ China’s methanol imports: analysts
BusinessSCMP20h ago

Iran war could ‘significantly disrupt’ China’s methanol imports: analysts

China could potentially face shortages of methanol – a vital input for several industries – if the Iran war drags on and causes lengthy disruptions to shipping traffic along the Strait of Hormuz, analysts said. Methanol, also known as methyl alcohol, is a chemical compound that is widely used by Chinese producers. It is both a biofuel and a key raw material for a range of products – from paint and formaldehyde to plastics and synthetic fabrics. The growing conflict in the Middle East could be...

Persian Gulf Goes Dark For Container Shipping And There's No Detour Left
Worldpolitikencdm-mezerohedge21h ago3 sources

Persian Gulf Goes Dark For Container Shipping And There's No Detour Left

Persian Gulf Goes Dark For Container Shipping And There's No Detour Left By Stuart Chris of FreightWaves Ocean lines flee Strait of Hormuz as Iran targets Persian Gulf ports While tanker vessels came under fire in the Strait of Hormuz, container lines were suspending operations to Persian Gulf ports following the joint Israel-U.S. attack on Iran. Media reports said ports in the United Arab Emirates and Dubai’s port of Jebel Ali were hit by Iranian missiles, and that Tehran ha...

Global Markets in Panic Amid US-Israel-Iran Conflict and Energy Shock
Financeaftonbladetpubliconikkei-asia+5Yahooindian-expressnaftemporikiDaily MaverickDaily Sabah22h ago8 sources

Global Markets in Panic Amid US-Israel-Iran Conflict and Energy Shock

Global markets are experiencing intense turmoil, with stocks and bonds falling, as the widening conflict between the US, Israel, and Iran triggers an energy shock and reignites fears of stagflation. The Swedish stock market is also seeing a significant decline.

Govt to pass on oil impact to consumers
Business1d ago

Govt to pass on oil impact to consumers

• Decision taken to avoid fiscal burden following closure of the Strait of Hormuz ISLAMABAD: Amid disruption to LNG imports from Qatar, the government on Mon­day decided to continue passing on the…

PoliticsNHK World1d ago

[Iran Situation: Ministerial Comments] Minister Kaneko of MLIT Confirms Safety of 42 Japan-Related Vessels

Following military operations against Iran by the United States and Israel, ministers have successively made statements regarding the impact on Japan and the country's response. Minister of Land, Infrastructure, Transport and Tourism Kaneko announced that the safety of Japan-related vessels navigating the Strait of Hormuz, a crucial transport route for crude oil and other goods, has been confirmed at this time, and that he is calling for them to anchor in safe locations.

Oil prices surge and stocks fall amid fears over Iran war
BusinessNYTNPRFox News+6le-figaroindian-expressANSAdhaka-tribunevanguard-ngmyjoyonline1d ago9 sources

Oil prices surge and stocks fall amid fears over Iran war

Global oil prices are in the high $70s as traffic through Strait of Hormuz comes to a halt. Some analysts have warned they could top $100 a barrel if the stoppage is prolonged.

Gas prices in Europe jumped sharply
Businessdelfi-ltindex-hrn1-bih2d ago3 sources

Gas prices in Europe jumped sharply

Gas prices in Europe jumped more than 20 percent, reaching their highest level in more than a year under the influence of the US-Israeli attack on Iran and disruptions in the transit of energy through Hormuz…

Live: Deadly strikes in Lebanon, Iran claims 'complete control' of Strait of Hormuz
Worldle-figaroFrance 24telex+2naftemporikithe-journal2h ago5 sources

Live: Deadly strikes in Lebanon, Iran claims 'complete control' of Strait of Hormuz

Explosions rocked the Lebanese capital Beirut as Iran’s Revolutionary Guards said on Wednesday they controlled the Strait of Hormuz, a vital shipping route for oil and gas, warning that any vessels attempting to pass through the waterway risk damage from missiles or stray drones. Follow our liveblog for the latest updates.

U.S. says 2,000 targets hit as Iran retaliates across Gulf
WorldhinduTimes of IndiaJakarta Post4h ago3 sources

U.S. says 2,000 targets hit as Iran retaliates across Gulf

With global energy prices on the rise, U.S. President Donald Trump said the U.S. Navy was ready to escort oil tankers through the Strait of Hormuz, the vital chokepoint into the Gulf that Iran has threatened to seal off

Impact of Iran conflict on oil and LNG
Worldcyprus-mail20h ago

Impact of Iran conflict on oil and LNG

With senior US officials estimating that a war with Iran is now expected to last weeks, not days, and Iran’s declaration of war on Israel and the US, the chances of the Strait of Hormuz being closed…

Govt. to secure oil supplies from outside Middle East amid possible closure of Hormuz strait
WorldDawnKorea Heraldndtv+1newsbeast1d ago4 sources

Govt. to secure oil supplies from outside Middle East amid possible closure of Hormuz strait

The government said Tuesday it will push for securing oil supplies from outside the Middle East in response to the possible closure of the Strait of Hormuz amid ongoing US and Israeli strikes on Iran, while stressing that South Korea has sufficient oil reserves. The Ministry of Economy and Finance held an emergency response meeting on the Iran conflict with related ministries to assess the impact of the situation on South Korea and discuss a response strategy. The ministry said no safety issues

Will Gulf states enter the Iran war?
WorldDWforbes2d ago2 sources

Will Gulf states enter the Iran war?

Gulf states have borne the brunt of Iranian missile attacks so far. At first, Iran targeted US assets, but that has changed. Gulf states say they won't just sit back.

Trump offers political risk insurance and US Navy escort for ships through the Strait of Hormuz
Politicssvenska-dagbladetBusiness Insider13h ago2 sources

Trump offers political risk insurance and US Navy escort for ships through the Strait of Hormuz

President Donald Trump offered political risk insurance for "ALL Maritime Trade, especially Energy." Giuseppe Cacace/AFP via Getty Images President Donald Trump offered political risk insurance for "ALL Maritime Trade, especially Energy." The president also said on Truth Social that the US Navy will also provide an escort "if necessary." Fighting in the Middle East is affecting vessels near the strategic Strait of Hormuz. President Donald Trump on Tuesday offered political risk insurance an...

Watch: Iran airspace left empty as Strait of Hormuz tensions surge
Worldhelsingin-sanomathinduVnExpress22h ago3 sources

Watch: Iran airspace left empty as Strait of Hormuz tensions surge

Iran’s skies were left unusually empty as escalating aerial warfare forced airlines to reroute away from volatile West Asian airspace. Flight tracking data showed civilian aircraft absent for hours, highlighting mounting security fears. As Iran warned it could fire on ships in the Strait of Hormuz, U.S. officials rejected claims of a closure, fuelling global oil market concerns.

Strait of Hormuz: Traffic of vessels down 70%
Worldnaftemporiki1d ago

Strait of Hormuz: Traffic of vessels down 70%

The number of vessels passing through the Strait of Hormuz has dropped by 70% amid regional tension, according to Marine Traffic. Strait of Hormuz: Traffic of vessels down 70% - Η ΝΑΥΤΕΜΠΟΡΙΚΗ

Strait of Hormuz Passage Freezes Amid Escalating Crisis
Worldiefimerida1d ago

Strait of Hormuz Passage Freezes Amid Escalating Crisis

The crisis in the Strait of Hormuz is escalating into an open threat to international shipping and energy supply, with military warnings from Tehran coinciding with a sharp drop in commercial traffic through the critical passage.

Iran vows to attack any ship trying to pass through Strait of Hormuz
WorldNYTAl JazeeraFrance 24+4hinduchannel-news-asiavanguard-ngmorocco-world-news1d ago7 sources

Iran vows to attack any ship trying to pass through Strait of Hormuz

“The ‌strait (of Hormuz) is closed. If anyone tries to pass, the heroes of the Revolutionary Guards and the ‌regular navy will set those ships ablaze,” said Ebrahim Jabari, ‌a ⁠senior adviser to the…

Top Energy Analyst Says Iran's Navy Too Weak To Completely Choke Hormuz
Businesszerohedge1d ago

Top Energy Analyst Says Iran's Navy Too Weak To Completely Choke Hormuz

Top Energy Analyst Says Iran's Navy Too Weak To Completely Choke Hormuz FGE NexantECA Chairman Emeritus Fereidun Fesharaki told Bloomberg TV on Monday morning that any attempt by the Islamic Revolutionary Guard Corps to choke off the critical Strait of Hormuz using warships, drones, and missiles would likely be short-lived, as the regime's naval capability is too weak to sustain a blockade against U.S., British, and French naval forces. "It's just a fear factor," Fesharaki said ...

Oil jumps and shares fall as Iran warnings chill Strait of Hormuz traffic and shipping reroutes spread
BusinessAPbloombergle-monde+8The Guardianberlingskeorfn1-serbia24urla-vanguardiaseeking-alphamercopress1d ago11 sources

Oil jumps and shares fall as Iran warnings chill Strait of Hormuz traffic and shipping reroutes spread

Global oil prices rose sharply on Monday and European equities fell as the regional conflict intensified, following attacks on vessels near the Strait of Hormuz and Iranian warnings to shipping in a chokepoint through which roughly a fifth of the world’s oil and gas trade moves.

China faces oil squeeze after US-Israel strikes on Iran
BusinessSCMPorfnikkei-asia+2danasnewsbeast2d ago5 sources

China faces oil squeeze after US-Israel strikes on Iran

Oil prices rose by the most in four years amid the US-Israeli war on Iran and the effective closure of the Strait of Hormuz, a key shipping lane for global crude supplies. Brent crude, the global benchmark, surged as much as 14 per cent to more than US$82 per barrel, the highest since January 2025, according to data compiled by Bloomberg. Shipowners and traders are largely avoiding the Strait of Hormuz that links the Persian Gulf to the Indian Ocean, which usually handles about 20 per cent of...