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.

The vital maritime passage has been under a "double-blockade" with neither Iran nor the U.S. allowing vessels to enter or exit the strait

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. ratcheting up tensions with Iran over the strait, which has been largely choked off to oil tanker traffic since the war began.

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

The attacks come shortly after President Donald Trump said the U.S

The mood in the Strait of Hormuz remains combustible despite Trump's ceasefire extension.

An extended ceasefire bring optimism back to markets, but the disruption to the Strait of Hormuz has revealed energy fault lines

Tasnim News Agency said Irans military had enforced maritime law on a vessel that ignored repeated warnings. Ships and tankers in the Strait of Hormuz off the coast of Musandam, Oman, April 18, 2026

Iran signals mixed messaging on talks as officials hint at possible movement, but also accuse the US of bad faith and excessive demands. Trump ramps up rhetoric on Iran ,claiming Iran is collapsing financially while insisting the Strait of Hormuz is under US control

Trump claims Iran collapsing financially amid Hormuz standoff US President Donald Trump said Iran is collapsing financially and losing hundreds of millions of dollars daily, in a post on his Truth Social platform. He also said Iran wants the Strait of Hormuz reopened immediately

Irans UN envoy says received signs US ready to end blockade Journalist Nabil Abi Saab shared a video of Amir Saeid Iravani, Irans UN envoy, telling reporters on Tuesday that Tehran has received indications that the United States is prepared to lift its blockade in the Strait of Hormuz

Markets are rising on Iran-U.S. talks, but there remains massive disagreements over the Strait of Hormuz

The two-week ceasefire between the US and Iran has largely held, offering a reprieve for Iran, which has been pummeled by US and Israeli strikes, as well as the US's oil-rich Gulf allies, who have faced thousands of ballistic missile and drone strikes. In place of strikes, Trump has opted to impose a naval blockade on Iran, which he says is in response to Tehran wresting control of the Strait of Hormuz and selectively allowing vessels to transit

The blockade of the Strait of Hormuz is causing concern in Europe, which relies heavily on imported jet fuel.

Oil markets have whipsawed since the start of the Iran war, with supply risks around the Strait of Hormuz driving extreme price swings and historic volatility.

Commercial ships remain cautious about transiting the strait as tensions escalate between the U.S

Challenges face the talks that may be held in Islamabad ahead of the ceasefire's expiration about the future of the Strait of Hormuz, Iran's nuclear program and other issues.

Qalibaf has laid bare the fragile, sentiment-driven foundations of Western financial systems amid escalating tensions in the Strait of Hormuz.

Video from the US military show an operation by its forces to seize an Iranian-flagged ship near the Strait of Hormuz.

A dramatic escalation in tension over the Strait of Hormuz drives oil prices and risk assets higher in early trade.

Tehran warns of significant costs if pressure continues Irans first vice president, Mohammad Reza Aref, said the security of the Strait of Hormuz is not free, warning that restrictions on Irans oil exports would have wider consequences

Crude oil prices surged Sunday, as the U.S. and Iran teetered on the brink of a renewed war after attacks on commercial ships in the Strait of Hormuz.

President Donald Trump said an Iranian-flagged cargo ship had been fired upon and seized when it tried to get around the U.S

US Central Command has published a video said to show a guided-missile destroyer firing at an Iranian-flagged ship.

Lyse Doucet speaks to Ebrahim Azizi, who says Iran "will decide the right of passage" through the crucial shipping route.

Trump accuses Iran of violating the ceasefire as he announces plans to send US negotiators to Pakistan for more talks.

Plus, the government digs in over the Mandelson vetting row.

Iran's new posture has transformed the Strait of Hormuz into a permanent strategic asset, signaling the end of win-win diplomacy and placing the onus on the US to make concessions to Iran

The spokesperson for the Khatam al-Anbiya Central Headquarters says Iran has reassertedcontrol over the Strait of Hormuz due to the United States' so-called naval blockade of the waterwayand piracy.

The conflict initiated by Israel and the United States against Iran was predicated on the belief that the Islamic Republic could be toppled within a week or two.

IRGC says the Strait of Hormuz will remain closed until the US stops blockading Iranian ports.

Criticism of Downing Street's handling of Lord Peter Mandeslon's vetting scandal remains prominent on Sunday's front pages.

Iranian officials say they have closed the strait because of the U.S.'s ongoing blockade of its ports.

Top negotiator Mohammad Bagher Ghalibaf says US naval blockade of Iran's ports is 'a clumsy and ignorant decision'.

Iran is blaming a US blockade for the closure, saying it breaches the ceasefire reached between the two countries.

Video shows the moment Irans military ordered an Indian ship to abort its passage of the Strait of Hormuz.

Iran fired on vessels and re-closed the Strait of Hormuz, escalating tensions in the region and threatening the key global oil shipping route.

The political drama culminates with the IRGC announcing that the Strait of Hormuz is once again restricted.

Two Indian ships crossing the Strait of Hormuz have come under fire.

A maritime agency reported that a tanker was fired on by gunboats in the Strait of Hormuz

Gas carriers, chemical tankers among vessel convoy crossing Hormuz A convoy of tankers was seen departing the Gulf and transiting the Strait of Hormuz on Saturday, according to vessel-tracking data

Iran reopens the Strait of Hormuz with conditions and threatens closure if the US blockade of Iranian ports continues.

We are also conducting similar maritime interdiction actions and activities in the Pacific AOR against those ships that left that area before we began the blockade, he added. Shipping analysts say areas around the Strait of Malacca host large numbers of dark fleet tankers used to move sanctioned oil, including from Iran.

Canada stands in full solidarity with Gulf partners, PM says Canadian Prime Minister Mark Carney said Canada stands in full solidarity with Gulf partners and welcomed a ceasefire between Israel and Lebanon, as well as the announcement that Iran will be reopening the Strait of Hormuz

Speaking at the Antalya Diplomacy Forum in Antalya, Erdogan said, I believe the window of opportunity opened by the ceasefire should be used in the most effective way to establish lasting peace, adding, No matter how deep the disagreements may be, we must not allow words to be replaced again by weapons. Foreign ministers from Turkey, Pakistan, Saudi Arabia and Egypt held talks on the sidelines of the forum hours after Iran said the Strait of Hormuz was open to commercial shipping

First cruise ship transits Strait of Hormuz since war began A cruise liner has sailed through the Strait of Hormuz, becoming the first passenger vessel to make the crossing since the war began, ship tracking site MarineTraffic said

Asian markets fall as conflicting US-Iran messages creates uncertainty Asian stock markets opened lower in early trading a day after a record rally on Wall Street, as uncertainty grew over the Strait of Hormuz

Trump says things going very well as Iran rejects uranium transfer US President Donald Trump said things seem to be going very well with Iran after receiving what he described as pretty good news twenty minutes ago, adding he maybe wont extend the ceasefire if no deal by Wednesday, but will keep the US blockade of Iranian ports. Trump also said Chinese President Xi Jinping is very happy that the Strait of Hormuz is open and/or rapidly opening, and said his upcoming meeting with Xi would be a special one and, potentially, Historic

Tehran says ship passage to require coordination, not standard fees Iran will not impose traditional fees on ships passing through the Strait of Hormuz, Al Jazeera Arabic reported

Hormuz open only under ceasefire conditions, Iran says A spokesperson for Irans Defence Ministry said the Strait of Hormuz is only open under ceasefire conditions and conditionally, according to Fars News Agency