Two vessels — a superyacht linked to a sanctioned Putin ally and a loaded LNG tanker — appear to have cleared the Strait of Hormuz, the first signs of movement through a waterway that has been largely shut for two months.

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

Iran's FM Araghchi blamed Washington for the collapse of Pakistan talks, while Trump said Tehran can call if it wants a deal. Pakistani officials say remote negotiations continue, but no in-person meeting is planned anytime soon

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

Iran recently seized two vessels linked to MSC Mediterranean Shipping Company in apparent retaliation for the earlier confiscation of an Iranian ship by U.S. authorities.

The attack caused significant damage to the ship’s bridge, according to reports

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

A container ship with Greek interests was struck in the Persian Gulf after reportedly being fired upon by a Revolutionary Guard vessel, raising fresh concerns over maritime security in one of the world’s most sensitive shipping routes.

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

Greece’s objection that the framework treats LNG unfairly in its well-to-wake lifecycle accounting should be addressed

Greece sits in a genuinely difficult position. It is a net energy importer with significant exposure to global oil and gas price movements, Brouillette says

In this interview, Gerard Baker, Editor at Large of The Wall Street Journal, reflects on the growing instability in global politics. Arguing that NATO is dead in the water, Baker also examines the U.S. strategy toward Iran, suggesting it was poorly planned and executed and seems to be failing. Ultimately, he highlights a growing desire […]

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

Athens backs international efforts to protect key shipping routes, warning that disruptions threaten global trade, energy supplies and vulnerable populations amid rising regional tensions.