Tag: Strait of Hormuz

Global Bond Yields Hit Multi-Decade Highs as US-Iran Ceasefire Collapses

Government borrowing costs reached multi-decade highs on Tuesday after the US-Iran ceasefire collapsed, driving yields higher across major economies.

Trump Rules Out Iran Talks, Lifting Oil and Sinking US Stocks

US stocks opened lower on Tuesday after Trump said no Iran talks were scheduled, lifting oil prices and Treasury yields amid the Hormuz standoff.

US Tightens Iran Sanctions as Tehran Families Cut Food and Medicine

US sanctions and a naval blockade are squeezing Iran's economy as JD Vance defends the pressure campaign nearly six months into the war.

Bessent Says U.S. Will Avoid Large-Scale Iran Combat, Urges China to Join Sanctions

Treasury Secretary Scott Bessent said Thursday the U.S. will rely on economic pressure over large-scale combat against Iran and urged China to join the san

Trump Vows to Declare Strait of Hormuz US Territory, Iran Rejects Claim

Trump says he will soon declare the Strait of Hormuz US territory, a claim Iran flatly rejected as ceasefire talks with Washington stall.

IEA Warns Hormuz Closure to Cut Global Oil Demand by 1.6 Million Barrels

The IEA expects global oil demand to fall 1.6 million barrels a day in 2026 as the Strait of Hormuz stays shut amid stalled US-Iran talks.

US Vows Indefinite Iran Blockade and Unprecedented Economic Isolation in Hormuz Standoff

Washington says it can sustain its naval blockade of Iran indefinitely while planning unprecedented economic isolation targeting the Strait of Hormuz.

Iran Claims Control of Strait of Hormuz as Oil Risks $120 a Barrel

Iran declares full control of the Strait of Hormuz, rejecting US claims, as a diplomatic deadlock threatens to push oil prices toward $120 a barrel.

Oman Oil Spill Reaches Coast as Tanker Attacks Push Crude Higher

An oil spill from a stricken tanker has reached up to 40km of Oman's coast as fresh attacks on Gulf shipping push crude prices higher.

Strait of Hormuz Ship Traffic Plunges 90% as US-Iran Talks Stall

Only eight vessels crossed the Strait of Hormuz on Tuesday, a 90% drop from pre-war levels, as US-Iran peace talks stall and Trump claims US control.

Oil Climbs as Hopes for Imminent Strait of Hormuz Deal Fade

Crude climbs above $84 in the U.S. and past $89 internationally as hopes for an imminent Strait of Hormuz reopening deal collapse into deadlock.

Trump Extends Jones Act Waiver 90 Days as Strait of Hormuz Remains Closed

President Trump extended a Jones Act waiver for 90 days, letting foreign ships move oil and fertilizers between U.S. ports as the Strait of Hormuz stays cl

Trump Says Strait of Hormuz Now Open, Vows to Seek Compensation From Iran

President Trump says the Strait of Hormuz has reopened and vows to seek compensation from Iran for war casualties, as markets weigh de-escalation prospects

Oil Surges and Global Stocks Slide as Iran Vows Strait of Hormuz Stays Shut

Oil prices jumped and global stocks slid as Iran vowed the Strait of Hormuz would stay closed, raising fresh fears over energy supplies and inflation.

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