What will it take to free the 1,600 ships stuck in the Strait of Hormuz?
What will it take to free the 1,600 ships stuck in the Strait of Hormuz?
May 07, 2026What will it take to free the 1,600 ships stuck in the Strait of Hormuz?
May 07, 2026
A U.S. fighter jet on Wednesday fired on an Iranian oil tanker in the Gulf of Oman as it tried to breach the U.S. blockade of Iran’s ports, the U.S. military said
May 06, 2026
With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by uncertainty over how and when the Strait of Hormuz might reopen more than two months into the Iran war
May 06, 2026
At the UAE port of Fujairah, conveyor belts offloaded grain from bulk carriers on Wednesday, while crude oil flowed
May 06, 2026
French President Emmanuel Macron said on Wednesday that he had held further talks with Iranian President Masoud Pezeshkian, during which Macron had reaffirmed the importance
May 06, 2026
France on Wednesday deployed its carrier strike group to the Red Sea as part of planning for a potential mission to secure the Strait of
May 06, 2026
The price of a gallon of regular gasoline in the U.S. has climbed 31 cents in the past week and is now 52% higher than before the Iran war began
May 06, 2026
Major U.S. passenger airlines spent just over $5 billion on jet fuel in March, up $1.8 billion or 56% from what they spent in February, the U.S.
May 06, 2026
A CMA CGM container ship was attacked while transiting the Strait of Hormuz, injuring crew members and damaging the vessel, while another vessel run by the French group exited
May 06, 2026
China’s diplomatic role in the Iran war has come into sharper focus after talks between Chinese and Iranian foreign ministers on Wednesday, days before U.S. President Donald Trump is expected to meet his Chinese counterpart Xi Jinping
May 06, 2026
Iranian Foreign Minister Abbas Araqchi met China's top diplomat in Beijing on Wednesday, underscoring close ties between the two countries
May 06, 2026
The White House believes it is getting close to an agreement with Iran on a one-page memorandum of understanding to end the war and set a framework for more detailed nuclear
May 06, 2026
South Korea's presidential office said on Wednesday it had suspended a review on whether to participate in a U.S. operation to escort ships through the Strait of Hormuz after
May 06, 2026
White House officials are renewing calls on China to use its influence with Iran to open the Strait of Hormuz
May 06, 2026
President Donald Trump says he is pausing the U.S. effort to guide stranded vessels out of the Strait of Hormuz to allow time for a deal to end the Iran war, but that the American forces’ blockade of Iranian ports would remain in place
May 05, 2026
The price of a gallon of regular gasoline climbed 31 cents in the past week, spiking to an average of $4.48 per gallon Tuesday, according to AAA
May 06, 2026
President Donald Trump says he has paused the U.S. effort to guide stranded commercial vessels from the Strait of Hormuz to finalize a deal with Iran to end the war
May 05, 2026
U.S.
May 05, 2026
The CS Anthem chemical tanker exited the Strait of Hormuz on Monday, its operator said on Tuesday, becoming the second commercial U.S.-
May 06, 2026
U.S.
May 05, 2026
U.S.
May 06, 2026
The U.S. stock market rose to records after oil prices eased and companies kept reporting bigger profits for the start of the year than analysts expected
May 05, 2026
The United States and its Gulf allies have proposed a U.N. resolution threatening with sanctions or other measures if it doesn’t halt attacks on ships in the Strait of Hormuz, stop imposing “illegal tolls” and disclose the placement of all mines to allow freedom of navigation
May 05, 2026
Iran has set up a new mechanism to manage the transit of vessels through the Strait of Hormuz, Iran's Press TV reported on Tuesday. Iran has warned the U.S.
May 05, 2026
Are military dolphins working in the Strait of Hormuz? Probably not, but they have been part of the US Navy for decades
May 06, 2026
Industrial materials maker DuPont raised its annual profit and sales forecasts on Tuesday after beating first-quarter estimates, as price increases helped offset
May 05, 2026
Oil pulls back after hitting a 2026 high on day one of Trump’s plan to unblock Hormuz
May 05, 2026
UN warns of ‘unprecedented’ crisis for seafarers in Persian Gulf as war strands crews at sea
May 05, 2026
The U.S. military says it fired on Iranian forces and sank six small boats as it moved to reopen the Strait of Hormuz
May 04, 2026
The U.S. military said on Monday it destroyed six Iranian small boats and intercepted Iranian cruise missiles and drones as Tehran sought
May 04, 2026
Chevron Chairman and CEO Mike Wirth said on Monday that physical shortages in oil supply would begin appearing around the world because of the closure of the
May 05, 2026
Oil prices jumped further above the $100-a-barrel mark on Monday as Iran controls the Strait of Hormuz, despite U.S. efforts to free up shipping,
May 05, 2026
The U.S. and Iran launched new attacks in the Gulf on Monday as they wrestled for control over the Strait of Hormuz
May 04, 2026
U.S. stocks fell from their record heights, while oil prices jumped following escalations in the Middle East that may undermine the ceasefire in the war with Iran
May 04, 2026
Global oil stocks are approaching their lowest level in eight years, Goldman Sachs said on Monday, warning that the speed of depletion was becoming a concern as supplies through the
May 05, 2026
Oil prices jumped about 6% on Monday as Iran stepped up attacks on the United Arab Emirates and ships in the Middle East Gulf over the past 24 hours, the
May 04, 2026
The United States and Gulf Arab nations are drafting a U.N.
May 04, 2026
U.S.
May 04, 2026
What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest Oil prices spiked by around 5% on Monday after Iran said it
May 04, 2026
There were no signs of increased vessel traffic through the Strait of Hormuz on Monday, a day after President Donald Trump said the U.S. would begin
May 04, 2026
Iran's Revolutionary Guards navy issued a new map of the area of the Strait of Hormuz under its control on Monday, state media reported.
May 04, 2026
U.S. President Donald Trump has announced “Project Freedom” to help ships leave the Strait of Hormuz, starting on Monday
May 03, 2026
President Donald Trump said on Sunday that the United States would begin an effort to free up ships stranded in the Strait of Hormuz on Monday morning.
May 04, 2026
Seven countries in the OPEC+ grouping of oil-producing countries — including Saudi Arabia and Russia — say they’ve decided to a modest increase in production starting in June as part of a commitment to “market stability.”
May 03, 2026
OPEC+ agreed on Sunday a modest oil output hike for June, an increase that will remain largely on paper as long as the Iran
May 03, 2026
President Donald Trump says he is reviewing a new Iranian proposal to end the war but expressed skepticism it would be acceptable
May 02, 2026
OPEC+ has agreed in principle to raise oil output targets in June, two sources familiar with the group's thinking said on Saturday, but
May 02, 2026
An Iranian proposal so far rejected by U.S.
May 02, 2026
Barclays on Friday raised its 2026 Brent crude forecast to $100 per barrel from $85, citing the impasse in the Strait of Hormuz.
May 02, 2026
U.S. President Donald Trump says that he’s “not satisfied” with Iran’s latest proposal in negotiations to end war between the countries
May 01, 2026
China's U.N. ambassador Fu Cong said on Friday it was an urgent necessity to maintain the Iran war ceasefire and that he was sure the Strait of Hormuz issue would be high on the
May 01, 2026
U.S. manufacturing activity held steady in April, but supplier delivery performance worsened as the war in the Middle East disrupted shipping in the
May 01, 2026
Any shipper paying tolls to Iran for passage through the Strait of Hormuz, including charitable donations to organizations such as the Iranian Red
May 01, 2026
A gauge of British manufacturers' cost pressures jumped in April and delivery delays were the most widespread since mid-2022 due to the standoff in the
May 01, 2026
The U.S.
May 01, 2026
Iran said on Thursday it would respond with "long and painful strikes" on U.S. positions if Washington renewed attacks and
April 30, 2026
President Donald Trump on Thursday said "probably" when asked whether he would consider pulling U.S. troops out of Italy and Spain, a day after
May 01, 2026
The U
April 30, 2026
Global oil prices eased after hitting a four-year high of more than $126 a barrel earlier on Thursday on concerns the U.S.-Iran war could lead to a
April 30, 2026
German Chancellor Friedrich Merz emphasized on Thursday the importance of the transatlantic partnership with the U.S., just hours after President Donald Trump
April 30, 2026
The Bank of England is keeping its main interest rate on hold at 3.75% as policymakers assess the economic impact of the Iran war and Tehran’s effective closure of the Strait of Hormuz, through which a fifth of the world’s crude passes
April 30, 2026
Lithuania's President Gitanas Nauseda said he was supportive of his country joining the U.S. freedom of navigation mission in the Strait of Hormuz, adding that he would
April 30, 2026
Iran's new Supreme Leader Mojtaba Khamenei said in a published written message on Thursday that a new chapter for the Gulf and Strait of Hormuz has been taking shape since the
April 30, 2026
Japanese Prime Minister Sanae Takaichi said on Thursday that she will continue all diplomatic efforts to ensure the passage of all vessels though the Strait of Hormuz.
April 30, 2026
Financial markets are finding it harder to look past the rising economic costs of the Iran war as the continued closure of
April 30, 2026
President Donald Trump, who has criticized Germany and other NATO allies for not sending their navies to help open the Strait of
April 30, 2026
The U.S. is pushing for other countries to form an international coalition to restore freedom of navigation in the Strait of Hormuz,
April 29, 2026
Trump sees blockade extension as best option for forcing Iran back to the negotiating table
April 30, 2026
German Chancellor Friedrich Merz said on Wednesday his relationship with U.S.
April 29, 2026
How traffic through the Strait of Hormuz shrank to a trickle – a visual deep dive
April 29, 2026
The United Arab Emirates has announced it will leave OPEC and the OPEC+ group, effective May 1
April 28, 2026
Efforts to end the Iran conflict were at an impasse on Tuesday with U.S.
April 28, 2026
Inflation in most countries will be markedly higher this year than predicted three months ago amid a stalemate in the energy crisis brought about by the
April 28, 2026
A superyacht owned by Russian billionaire Alexey Mordashov was able to transit the blockaded Strait of Hormuz after undergoing maintenance in Dubai because neither Iran nor the
April 28, 2026
Oil prices closed up nearly 3% on Tuesday as persistent worries about supply constraints from the closed Strait of Hormuz outweighed concerns about
April 28, 2026
President Donald Trump said on Tuesday that Iran has said it was in a state of collapse and wants the United States to open the Strait of Hormuz while it sorts out its
April 28, 2026
A superyacht linked to sanctioned Russian billionaire Alexey Mordashov sailed through the Strait of Hormuz on Saturday, shipping data showed, one of very few vessels to transit
April 27, 2026
Iran warned last week that submarine cables in the Strait of Hormuz were a vulnerable point for the region's digital economy, raising concerns about
April 28, 2026
Iran has offered to end its control over the Strait of Hormuz if the U.S. lifts its blockade and ends the war
April 27, 2026
Iran has offered to end its chokehold on the Strait of Hormuz without addressing its nuclear program
April 27, 2026
Oil prices rose again on Monday on the lack of any sign that the Strait of Hormuz will reopen soon, but that didn't prevent the S&P 500 and
April 28, 2026
Oil prices climbed about 3% to a two-week high on Monday as peace talks between the U.S. and Iran stalled and shipments through the Strait of Hormuz
April 28, 2026
U.S.
April 27, 2026
Six tankers loaded with Iranian oil have been forced back to Iran by the U.S. blockade in recent days, ship-tracking data shows, underscoring the impact
April 27, 2026
German Chancellor Friedrich Merz said on Monday Iran's leadership was humiliating the United States and getting U.S. officials to travel
April 27, 2026
The latest attempt at ceasefire talks between the U.S. and Iran appears to have failed
April 25, 2026
Iranian Foreign Minister Abbas Araqchi laid out Iran's demands and its reservations about U.S. positions on
April 25, 2026
Turkish Foreign Minister Hakan Fidan said that Turkey could consider taking part in demining operations in the Strait of Hormuz following a possible peace agreement
April 25, 2026
Iranian Foreign Minister Abbas Araqchi arrived in the Pakistani capital Islamabad on Friday to discuss
April 24, 2026
U.S. President Donald Trump is sending envoys Steve Witkoff and Jared Kushner to Pakistan on Saturday to continue talks with Iran
April 24, 2026
Only five ships, including one Iranian oil products tanker, have passed through the Strait of Hormuz in the past 24 hours, Friday shipping data showed,
April 24, 2026
President Donald Trump is sending his envoys Steve Witkoff and Jared Kushner to Pakistan to meet with Iran’s foreign minister as officials in the South Asian nation push to revive ceasefire talks
April 24, 2026
A surge for Intel following a blowout profit report led the U.S. stock market to more records, while oil prices kept yo-yoing in the wait for what’s next with the Iran war
April 24, 2026
U.S.
April 25, 2026
Businesses have doled out up to $4 million to send ships through the Panama Canal while trying to avoid the Iran war's risks and effective closure of the Strait of Hormuz
April 24, 2026
Ankit Yadav, a seafarer from India, has been stuck on a boat at an inland Iranian port for about 2-1/2 weeks, surviving with his three fellow mariners
April 24, 2026
A look at the day ahead in European and global markets from Rae Wee Markets were in a dour mood on Friday, with Iran flaunting its grip over the Strait of Hormuz serving as a stark reminder that the
April 24, 2026
President Donald Trump has ordered the U.S. military to “shoot and kill” Iranian small boats choking the Strait of Hormuz
April 23, 2026