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Strait of Hormuz
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Iran's Deputy Foreign Minister announced that Iran and Oman have reached an agreement on a temporary shipping lane in the Strait of Hormuz, with a width of 7 miles.
Iranian Deputy Foreign Minister Kazem Gharibabadi announced on state television on Tuesday that Iran and Oman have reached an agreement on a temporary maritime route in the Strait of Hormuz. The entra
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Senior Iranian source to Reuters: Iran and Oman are still working on the details of an agreement over the Strait of Hormuz
Senior Iranian source to Reuters: Iran and Oman are still working on the details of an agreement over the Strait of Hormuz
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Senior Iranian Source to Reuters: An Agreement With Oman Over the Strait of Hormuz Has Not Yet Been Finalized
Senior Iranian Source to Reuters: An Agreement With Oman Over the Strait of Hormuz Has Not Yet Been Finalized
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Iran: Reached an agreement with Oman on the distribution of Strait of Hormuz revenues, oil prices fell more than 9% this week.
Hossein Mohbi, spokesperson for Iran's Islamic Revolutionary Guard Corps, stated on the 26th that Iran and Oman have reached an agreement on issues such as the distribution of revenues from the Strait
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Iran's IRGC Says Iran, Oman Agreed on Share of Hormuz Revenues
Iran's IRGC Says Iran, Oman Agreed on Share of Hormuz Revenues
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Brent crude oil fell over 2% to approximately $86 per barrel due to expectations of increased supply from the Strait of Hormuz.
Brent crude futures fell for a third consecutive session on Wednesday (26th), dropping over 2% to approximately $86 per barrel. Market optimism stemmed from Oman and Iran resuming talks on navigation
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Iran and Oman agree on new temporary shipping route in Strait of Hormuz, running through Iranian territorial waters
Iran's Deputy Foreign Minister Kazem Gharibabadi stated on Tuesday that the new seven-mile (11.3km) wide transit corridor's entry and part of its exit would pass through Iranian territorial waters. Ho
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South Korea hopes Arctic sea route will reduce reliance on chokepoints like Hormuz and revive Busan
South Korea hopes Arctic sea route will reduce reliance on chokepoints like Hormuz and revive Busan
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Iranian Deputy Foreign Minister Gharibabadi tells state TV that the US must correct its errors and return to its commitments if it wants a reopening of the Strait of Hormuz.
Iranian Deputy Foreign Minister Gharibabadi tells state TV that the US must correct its errors and return to its commitments if it wants a reopening of the Strait of Hormuz.
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Iran threatens 46 ships in Strait of Hormuz transit crackdown
Iran said the vessels violated protocols for travelling across the waterway and could face fines or confiscation.
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TOTAL CEO says crude oil is moving through the Strait of Hormuz today 'very quietly'.
TOTAL CEO says crude oil is moving through the Strait of Hormuz today 'very quietly'.
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Iran, at Baghdad's repeated requests, has allowed some Iraqi oil tankers to pass through the Strait of Hormuz.
Iran has authorized some Iraqi oil tankers to pass through the Strait of Hormuz, according to the Iranian news agency. This move comes after repeated requests from Baghdad, despite the fact that overa
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Trump says no talks planned with Iran, insists Strait of Hormuz remains open amid frustration over Iran-Oman deal
US President Donald Trump asserted that the United States is not engaged in talks with Iran and has not scheduled any, despite previously claiming back-channel conversations. His remarks on Tuesday ap
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Fars News Agency: Iran seizes UAE-owned oil tanker in Strait of Hormuz
Fars News Agency: Iran seizes UAE-owned oil tanker in Strait of Hormuz
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Saudi Arabia Offers Oil Off Oman Coast, Signaling Potential Increase in Strait of Hormuz Shuttling
This move suggests the kingdom may be following the United Arab Emirates in shuttling more barrels through the Strait of Hormuz.
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Senior Iranian official: All Iranian entities prepared to escalate Hormuz Strait tensions if diplomacy fails
Senior Iranian official: All Iranian entities prepared to escalate Hormuz Strait tensions if diplomacy fails
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Iran's Foreign Ministry: An agreement has been reached with Oman on a navigation plan for the Strait of Hormuz, but the foreign minister stated this does not mean the strait has reopened.
Iranian Foreign Ministry spokesman Baghaei announced on August 15 that despite US obstruction, Iran has reached an agreement with Oman on a navigation plan for the Strait of Hormuz waterway. However,
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Iran says it fully controls the Strait of Hormuz, according to IRIB.
Iran says it fully controls the Strait of Hormuz, according to IRIB.
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Iran's top security official says the Strait of Hormuz shipping lane will remain closed unless the US accepts conditions for ending the war
Iran's top security official, Mohsen Rezaei, said on Tuesday that the Strait of Hormuz shipping route would remain closed unless the United States accepted Iran's conditions for ending the war. This c
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Panama Canal tolls hit a record high, with the average daily auction price for common locks reaching US$1.1 million in August, due to the dual impact of El Niño and the closure of the Strait of Hormuz.
According to the Financial Times, Panama Canal tolls are reaching historic highs, driven by low water levels caused by El Niño and a surge in energy transportation demand triggered by the closure of t
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U.S. EIA raises 2026 Brent crude forecast to $87/barrel from $82, citing persistent Strait of Hormuz constraints through August
U.S. energy officials expect Strait of Hormuz constraints to persist through August, limiting oil flows. The U.S. Energy Information Administration (EIA) also lifted its U.S. gasoline estimate to $3.7
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Secretary of Iran's Supreme National Security Council, Rezaei, stated that if an agreement is reached with Oman regarding transit through the Strait of Hormuz, this would be a separate matter independent of the Strait's closure.
Secretary of Iran's Supreme National Security Council, Rezaei, stated that if an agreement is reached with Oman regarding transit through the Strait of Hormuz, this would be a separate matter independ
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Iran's Supreme National Security Council Secretary Rezaei states the Strait of Hormuz will not be opened until the U.S. changes its behavior and accepts Iran's conditions.
Iran's Supreme National Security Council Secretary Rezaei states the Strait of Hormuz will not be opened until the U.S. changes its behavior and accepts Iran's conditions.
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Brent crude briefly touched $90 per barrel before stabilizing around $87, as hopes for a deal on the Strait of Hormuz gradually faded following new demands from Iran and Donald Trump.
U.S. West Texas Intermediate futures were at $81 a barrel. Iran stated it is closing in on a deal with Oman to reopen the strait but continues to resist direct negotiations with the U.S., citing Washi
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Saudi Arabia seeks to increase oil exports via the Strait of Hormuz after a key pipeline was attacked and shut down, according to people familiar with the matter.
Saudi Arabia seeks to increase oil exports via the Strait of Hormuz after a key pipeline was attacked and shut down, according to people familiar with the matter.
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U.S. Energy Secretary Wright: Expects Saudi East-West oil pipeline to be operational "soon"
U.S. Energy Secretary Chris Wright stated on Bloomberg Surveillance that the East-West oil pipeline in Saudi Arabia, which runs to the Red Sea, is expected to be operational "soon." He also discussed
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U.S. Energy Secretary Wright: Trend in 7-day rolling average of oil shipments through Hormuz is rising and will continue to rise
U.S. Energy Secretary Wright: Trend in 7-day rolling average of oil shipments through Hormuz is rising and will continue to rise
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Iran's Persian Gulf Strait Authority Publishes Updated List of 77 Vessels Violating Protocols for the Strait of Hormuz, Threatening Fines, Detention or Confiscation
Iran's Persian Gulf Strait Authority Publishes Updated List of 77 Vessels Violating Protocols for the Strait of Hormuz, Threatening Fines, Detention or Confiscation
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U.S. Energy Secretary Chris Wright Warns Against Hormuz Deal Optimism, Iran to Propose Temporary Shipping Lane on Monday
U.S. Energy Secretary Chris Wright warned traders against expecting a quick Strait of Hormuz breakthrough with Iran, noting that alternative routes are currently supplying about 10 million barrels a d
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A vessel was attacked and caught fire in the Strait of Hormuz, the UK Maritime Trade Operations (UKMTO) said.
A vessel was attacked and caught fire in the Strait of Hormuz, the UK Maritime Trade Operations (UKMTO) said.
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Iranian source to Tasnim News Agency: Strait of Hormuz will not be reopened under Iran-Oman understanding
Iranian source to Tasnim News Agency: Strait of Hormuz will not be reopened under Iran-Oman understanding
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Iran and Gulf States to Meet on Hormuz Deal, Aiming to Ease Hostilities and Reopen Strait
Regional states hope a temporary shipping agreement between Iran and Oman can offer a pathway to ease hostilities and reopen the Strait of Hormuz.
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The Prime Minister and Minister of Foreign Affairs of Qatar concluded his visit to China. China and Qatar agreed to strengthen cooperation in energy, investment, and high-tech sectors, and to deepen coordination on the situation in the Strait of Hormuz.
Qatar's Prime Minister and Foreign Minister, Sheikh Mohammed bin Abdulrahman Al Thani, concluded a two-day visit to China, with officials from both nations declaring that bilateral relations have ente
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**UNCTAD Warns: Disruption in Strait of Hormuz Hitting SMEs Hardest, Threatening to Expel Them from Global Supply Chains**
The United Nations Conference on Trade and Development (UNCTAD) stated on Tuesday that ongoing disruptions in the Strait of Hormuz could lead to small and medium-sized enterprises (SMEs) being squeeze
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Qatar's Foreign Ministry: Reopening Strait of Hormuz 'Unconditionally' Is a Top Priority, Diplomatic Efforts Underway Including Talks with China
Qatar's Foreign Ministry spokesperson Ibrahim Al Hashmi stated on Tuesday that Doha is working towards diplomatic solutions to end the US-Iran war, emphasizing that “new ideas are being discussed” wit
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Iran warns South Korea of “serious consequences” if it joins US naval blockade of Strait of Hormuz, as Seoul considers military contribution
Iran's Ministry of Foreign Affairs spokesman Esmaeil Baghaei stated on Monday that any military presence or participation by another country in the Gulf and the Strait of Hormuz would be regarded as d
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Hormuz Crisis "Revives" Suez Canal: July Revenue Surges 42% to a Two-and-a-Half-Year High
Egypt's Central Agency for Public Mobilization and Statistics (CAPMAS) announced on September 8 that Suez Canal revenues reached $505 million in July, a 42% year-on-year increase and the highest month
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Qatar warns of an "industrial disaster" if the crisis continues, as Kpler data shows the average vessel transit through the Strait of Hormuz over the past 10 days has fallen to its lowest level since May.
Qatar has warned that a prolonged crisis in the Strait of Hormuz would lead to an "industrial disaster." Meanwhile, Kpler data shows that an average of 10 vessels per day transited the Strait of Hormu
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Iran says it will announce the Strait of Hormuz a "no-go zone" in the coming days, and any vessels entering will be added to its sanctions list.
Rezaei, Secretary of Iran's Supreme National Security Council, announced on the 6th that in the coming days, Iran will declare a "no-go zone" in the Strait of Hormuz region. This zone will extend from
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Iran's Foreign Ministry spokesperson accused the United States of disrupting the Strait of Hormuz, stating that the U.S. provokes conflict while other countries bear the economic costs.
Iranian Foreign Ministry spokesman Esmaeil Baqaei accused the United States of instigating conflict and expecting other countries to bear its economic costs. Baqaei stated that the Strait of Hormuz wa
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Yahoo Finance Analysis: Chevron invests in Iraq and plans to build an oil pipeline bypassing the Strait of Hormuz, but the true drivers of its dividend growth are long-term thinking and financial strength.
Yahoo Finance analysis points out that Chevron's plan to invest in and build oil pipelines in Iraq to avoid crossing the Strait of Hormuz is not the fundamental reason for its sustained dividend growt
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Japanese shipping company Mitsui O.S.K. Lines' CFO stated that the "de facto closure" of the Strait of Hormuz has driven up freight rates, leading to increased company profits.
Japanese shipping company Mitsui O.S.K. Lines' CFO stated that the "de facto closure" of the Strait of Hormuz has driven up freight rates, leading to increased company profits.
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Ship-tracking data challenges US claims on Hormuz Strait traffic, showing far fewer vessels than Trump's 30-40 daily figure
While US President Donald Trump claimed the US was helping some 30-40 ships cross the Hormuz Strait daily, and Treasury Secretary Scott Bessent stated at least 10 million barrels of oil were passing t
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President Trump suggests renaming the Strait of Hormuz to "TRUMP STRAIT," stating it would be "hotter" under U.S. control
President Donald J. Trump posted on Truth Social, proposing to rename the Strait of Hormuz to "TRUMP STRAIT" now that it is "under U.S.A. control." He added that, like America itself, the strait would
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BW LPG Q2 Earnings: Strait of Hormuz Closure Fundamentally Alters Global LPG Trade Flows, Declares $0.95 Per Share Dividend
BW LPG Limited stated during its Q2 2026 earnings call that the closure of the Strait of Hormuz has fundamentally altered global liquefied petroleum gas (LPG) trade flows, leading to a 46% decrease in
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Oil flows through Strait of Hormuz rise as Middle East producers boost exports, helping to keep crude prices in check
Oil flows through Strait of Hormuz rise as Middle East producers boost exports, helping to keep crude prices in check
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Qatar's Prime Minister visits Tehran, seeks to restart US-Iran talks and discuss Strait of Hormuz issue
Qatar's Foreign Ministry spokesperson announced on Wednesday that Prime Minister Sheikh Mohammed would visit Tehran on Thursday to discuss de-escalation with Iranian officials and create conditions fo
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Oil prices fell on Wednesday, with Brent crude down 0.8% to $87.87, as Iran and Oman made progress on an agreement for passage through the Strait of Hormuz.
Iranian and Omani officials are negotiating the details of an agreement on the Strait of Hormuz, a senior Iranian source said on Wednesday, after Iran's Revolutionary Guards claimed the two countries
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Strait of Hormuz
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