More than 90 countries issued a joint statement at the United Nations urging maritime security and stability amid rising tensions in the vital shipping corridor

Tehran has proposed to the US a deal focused on reopening the Strait of Hormuz and ending the war, while deferring nuclear talks to a later stage. The White House received the proposal but has not committed to engaging with it

Global oil markets are facing unprecedented disruption as conflict in the Middle East restricts flows through the Strait of Hormuz. Industry leaders warn the loss of supply could reshape energy, food, and industrial markets worldwide, with risks extending beyond oil

Islamabad signals confidence Tehran will join negotiations as Gulf states warn that growing focus on the Strait of Hormuz risks sidelining broader security concerns and entrenching Iran’s regional leverage

Tehran cites alleged U.S. violations of ceasefire terms as it restores strict military control of the key oil route, while vessels report being hit by gunfire.

Oil prices fell by more than 9% following Iran's announcement

Tehran says all commercial vessels can pass freely through the strategic waterway for the duration of the Lebanon ceasefire, linking the move to the broader truce in the region.

Heavy reliance on Gulf fuel imports leaves Greece exposed to rising energy costs and supply disruptions, while shipping risks and global trade shifts amplify economic pressure

Greek Economy Minister warns prolonged disruption in a key global oil route could surpass past energy crises, as Europe prepares targeted support measures amid rising inflation and slowing growth

The US and Iran may be preparing for a new round of negotiations this week aimed at de-escalating the conflict.

Iranian envoy Mohammad Fathali says Tehran is in “good contact” with New Delhi over Indian vessels passing through the Strait of Hormuz, a key oil route disrupted by the ongoing U.S.-Israeli war on Iran

Prime Minister Keir Starmer says Britain will not be drawn into the Iran conflict and opposes any blockade of the Strait of Hormuz, stressing efforts to fully reopen the critical global shipping route

The United States and Iran opened their most senior direct talks since the 1979 Islamic Revolution on Saturday, meeting in Islamabad under Pakistani mediation in a diplomatic push to end six weeks of conflict in the Middle East, even as a standoff over mined waters in the Strait of Hormuz continued to choke a fifth […]

According to the Financial Times, Europe's airport industry has sounded the alarm over impending jet fuel shortages. ACI has warned EU Commissioner Apostolos Tzitzikostas that systemic supply failures could hit within 3 weeks unless the Strait of Hormuz reopens.

Iran’s state-run Fars news agency reported Wednesday that tanker traffic through the Strait of Hormuz had been halted following what it described as an Israeli violation of the ceasefire agreement. A separate Iranian outlet, Press TV, citing unnamed sources, reported that Tehran would “punish” Israel over attacks against Lebanese Hezbollah carried out in breach of […]

France says over a dozen countries are preparing a coordinated mission to restore safe traffic through the Strait of Hormuz following a US-Iran ceasefire, while EU leaders welcome de-escalation and urge a lasting diplomatic agreement.