Asia markets were set to open mixed Monday as investors assess news of President Donald Trump's plan to "free" ships stranded in the Strait of Hormuz.

Despite claims that US shale oil can rapidly offset a Strait of Hormuz disruption, technical, economic, and logistical constraints render it incapable of compensating for such a large-scale, immediate supply shock.

A senior Iranian parliamentarian has dismissed President Donald Trumps plan to escort ships through the waterway as delusional.

Iran warns US over Hormuz escort plan, says interference breaks ceasefire A senior Iranian lawmaker has warned that any US involvement in managing traffic through the Strait of Hormuz would breach the ceasefire

Vessels have been largely unable to pass through the Strait of Hormuz for months, disrupting key supply chains.

Trump says ships blocked in Hormuz to be freed on Monday US President Donald Trump says vessels stranded in the Strait of Hormuz will be allowed to leave from Monday morning

Iran says the Strait of Hormuz will never return to the status quo that existed before the US-Israel war on Tehran.

US president says any interference with operation, which will start on Monday, will 'have to be dealt with forcefully'.

The longer the Iran war goes on, the greater the impact on inflation, the US central bank warns Neel Kashkari has warned that a prolonged war involving Iran could fuel inflation and damage the US economy, limiting the Federal Reserves ability to guide interest rate policy. Speaking on CBSs Face the Nation, Kashkari said he is closely watching the conflict and its impact on prices and demand, particularly as the Strait of Hormuz remains disrupted

Sources said the proposal centres on a non-aggression commitment across the region, including from Israel, to prevent a return to fighting and bring hostilities to a halt throughout the Middle East. The first phase would see a gradual reopening of the Strait of Hormuz alongside the lifting of US restrictions on Iranian ports

Germany urges Iran to reopen Hormuz, says nothing about US blockade Germanys foreign minister Johann Wadephul has called on Iran to reopen the Strait of Hormuz and dismantle its nuclear programme, following talks with his Iranian counterpart

Seven Opec+ countries will raise oil output targets by 188,000 barrels per day in June, the third consecutive monthly increase, the oil producing cartel said in a statement after an online meeting on Sunday. The output targets are largely symbolic for now, as Gulf countries have had to curtail production while the Strait of Hormuz is shut during the war on Iran.

President Donald Trump said on Saturday that he was reviewing a new Iranian proposal to end the war but also expressed doubt it would lead to a deal.

Iraq oil exports could resume within a week, minister says Iraqs Deputy Oil Minister Basim Mohammed said Iraq could restore oil output and exports to normal levels within seven days once the crisis over the Strait of Hormuz ends

It includes demands for guarantees against future attacks, a withdrawal of United States forces from around Iran, the release of frozen assets, lifting sanctions and war reparations. The proposal also calls for ending hostilities across the region, including in Lebanon, and creating a new mechanism for the Strait of Hormuz

Kuwait halts crude exports in April as Strait of Hormuz blockade bites Kuwait recorded zero crude oil exports in April for the first time since the end of the Gulf War, according to shipping monitor TankerTrackers.com

Syria is receiving hundreds of Iraqi oil trucks hauling crude overland as an alternative energy corridor to Europe.

The U.S.-Iran war and Strait of Hormuz closure have caused a global economic ripple effect, your credit score included as banks and lenders get tighter.

Donald Trump says US forces are like pirates taking over Iranian ships and cargo near the Strait of Hormuz

Latest warning comes as Iranian state media reports Tehran has presented new peace proposal to US

UAE wants to supply more oil than its OPEC quota and that could help push down prices once the Strait of Hormuz opens.

Supercar engines rely on base oils because they can withstand extreme heat, high revs and intense pressure.

Planting season is beginning in Asia - but the closure of the Strait of Hormuz and Chinese restrictions has hit fertiliser supply.

After the 40-day war, Iran has decisively consolidated control of the Strait of Hormuz, transforming from a sanctioned into a sanctioning power, and leaving Washington guessing as a new regional order emerges.

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khameneis firm position on the new management of passage through the Strait of Hormuz is solidly grounded in international law, according to an international lawyer.

Price of petrol in US jumps by nearly 30 cents in one week amid Strait of Hormuz blockade and Iran diplomatic deadlock.

UN Secretary-General Antnio Guterres has urged the immediate reopening of the Strait of Hormuz.

Fuel costs are rising after it gas became clear that Iran is not reopening the Strait of Hormuz, one of the most important oil export corridors in the world

The aim is that as a result, Iran will return to thenegotiating table. Other options that could be discussed in the briefing include Washington seizing the Strait of Hormuz - with the possibility of a ground invasion - as well as aspecial forces operation to secure Irans stockpile of enriched uranium.

US proposes new coalition to get ships moving through Hormuz: Report The US has pitched a newinternational coalition, dubbed the "Maritime Freedom Construct", to enable navigation through the Strait of Hormuz, the Wall Street Journal reported

Mohammad Bagher Ghalibaf ridicules US's economic pressure campaign as oil prices surge and Hormuz standoff continues

With Iran ruling out talks on the nuclear issue and asserting full control over the Strait of Hormuz, a trapped Trump faces no good options acceptance, war, or delay each leading to a bigger strategic defeat.

Iran has categorically stated that any disruption or obstruction in maritime traffic through the Strait of Hormuz and surrounding waters is the direct responsibility of the United States and its allies.

After 40 days of imposed war, Iran emerged stronger, launching a diplomatic push that closed the nuclear file, asserted control over Hormuz, humiliated Washington, and exposed America's internal collapse

Following the recent imposed war, Iran shifted the game by closing the Strait of Hormuz a renewable, low-cost threat

A Japanese-owned supertanker carrying two million barrels of crude oil has successfully transited the Strait of Hormuz after securing permission from Iranian authorities.

Oil prices rose as investors parsed fresh signals from U.S.-Iran negotiations, with uncertainty over a potential de-escalation keeping markets on edge.

The 141m-long vessel, linked to a close ally of Russian President Vladimir Putin, cleared the waterway despite an ongoing blockade.

With firm control of the Strait of Hormuz, expanded battlefronts, and undisclosed strategic assets, Iran will concede nothing and negotiate with the US only on its own terms because its Iran that holds the cards now.

The Trump administration has repeatedly insisted that the central goal of the conflict is keeping Iran from ever obtaining a nuclear weapon.

Hijacking reported as maritime traffic is diverted towards Africa while Strait of Hormuz is essentially closed

U.S.-Iran peace talks stall

Iran holds a clear upper hand after the recent 40-day imposed war, exercising firm control over the Strait of Hormuz, standing its ground on nuclear rights, and keeping unused cards including NPT membership.

Irans armed forces warns US against renewed aggression Irans military has warned the US against renewing attacks and pledged to continue its control over the Strait of Hormuz trade route, Tasnim news agency reported, citing a statement

Irans foreign minister left Pakistan before U.S. envoys arrived for ceasefire talks, as tensions persist and global trade remains strained by Strait of Hormuz disruptions.

Tensions in the Strait of Hormuz have slowed fertiliser shipments which could put harvests at risk.

The conflict, now in its ninth week, has killed thousands and disrupted global markets. Iran's partial closure of the Strait of Hormuz, through which roughly a fifth of global oil supply flows, has driven energy prices sharply higher, with shipping traffic reduced to a fraction of pre-war levels

Tanker traffic through the strait remains very low as the U.S

While $200m is a relatively small sum compared to Saudi Arabias vast $1 trillion sovereign wealth fund, the decision is notable as the first sign that the war on Iran is denting Gulf financial commitments in the West. Peter Gelb, the Met Opera's general manager, told the NYT that the kingdom said its decision was based on damage to the countrys economy caused by the Iran war and the blockade of oil passing through the Strait of Hormuz

Foreign Minister Abbas Araghchi's trip comes as much of the world has been on edge over a war that has snarled crucial energy exports through the Strait of Hormuz.

The US and Iran's rival blockades of the Strait of Hormuz have become a "test of wills", says Lyse Doucet.

Iran grants fee exemption on Hormuz passage for 'friendly' countries Iran has granted fee exemption to "friendly" states passing through the Strait of Hormuz, Russian state news agency RIA Novosti reported

US army developing plans to target Hormuz Strait if Iran truce deal shatters: Report US military officials are developing new plans to target theStrait of Hormuz in case the ceasefire with Iran fails, according to a CNN report

Jump in prices comes as Donald Trump says vessels will need permission of US Navy to transit key waterway.

Dow CEO Jim Fitterling said that clearing the disruption in the Strait of Hormuz will take significantly longer than investors expect

Donald Trump said he is the one keeping the Strait of Hormuz closed, not Iran.

Oil prices are rising again as tensions escalate in the U.S.-Iran conflict

Trump's post shows the U.S

I have ordered the United States Navy to shoot and kill any boat, small boats though they may be...that is putting mines in the waters of the Strait of Hormuz, Trump posted.

Chances that traffic returns to normal fell below 50% on Wednesday, according to Kalshi bettors, despite the U.S

As the Iran war drags on and the Strait of Hormuz stays shut, India and China are increasingly competing against each other for shrinking crude oil supplies.

US downplays Iran's seizure of European vessels The US downplayed Iran's seizure of two European-owned vessels in the Strait of Hormuz, as both sides sought the upper hand in their rival maritime blockades, with a stalemate in negotiations to end the war showing no sign of breaking

Irans revolutionary guard has released a video said to show its forces seizing a ship in the Strait of Hormuz

Iran's chief negotiator says "violations" by the US and Israel make it impossible to open the strait.

US downplays Iran's seizure of European vessels, Hormuz brinkmanship continues Submitted by Sean Mathews on Wed, 04/22/2026 - 21:55 The financial impact of US and Iranian blockades is becoming evident as Gulf states seek access to US dollars Ships and boats in the Strait of Hormuz near Musandam, Oman, on 22 April 2026 (Reuters/Stringer tpx images of the day) Off The US downplayed Iran's seizure of two European-owned vessels in the Strait of Hormuz, as both sides sought the upper hand in their rival maritime blockades, with a stalemate in negotiations to end the war showing no sign of breaking

Ship traffic in the Strait of Hormuz is still way below normal levels before the war when more than 100 vessels crossed daily