Iran on Saturday said that it closed the Strait of Hormuz because of Israel’s attacks in Lebanon and warned that…
Tag: Strait
Shipping companies will decide when the Strait of Hormuz is open, and the latest deal sows confusion
Just days after the U.S. and Iran signed a memorandum of understanding to reopen the Strait…
The Strait of Hormuz may be open soon—but Asia still faces a prolonged oil supply crunch
The U.S. and Iran signed a long-awaited “memorandum of understanding” on June 17, pausing a Middle…
Chip stocks jump as Strait of Hormuz reopens
Memory and storage chip companies surged on Monday, June 15, after the United States and Iran…
White House makes promise on Strait of Hormuz, oil
“Ships of the World, start your engines. Let the oil flow!” President Donald Trump’s Truth Social…
The Strait of Hormuz is finally reopening, but energy flows may not get back to normal until 2027
The memorandum of understanding that the U.S. and Iran have endorsed will fully reopen the Strait…
Iran proved it can close the Strait of Hormuz, but the U.S. is showing it can punch open a hole
Regardless of a ceasefire deal that reopens the Strait of Hormuz, Iran’s demonstrated ability to shut…
Trump to talk with allies at G7 summit about removing mines from the Strait of Hormuz
U.S. President Donald Trump is expected to discuss plans to demine the Strait of Hormuz with…
Suez Canal gets oil-tanker boost amid Hormuz Strait shutdown
The number of oil tankers crossing Egypt’s Suez Canal surged by almost a third in April…
The Strait of Hormuz is more open than previously thought as the U.S. provides ‘naval overwatch’
Talks to extend the ceasefire between the U.S. and Iran are dead in the water, but…
The Strait of Hormuz is splitting into U.S. and Iranian lanes even while fighting intensifies
Traffic through the Strait of Hormuz remains just a fraction of pre-war levels, but more ships…
More ships are quietly slipping through Strait of Hormuz as air power scares off Iran’s attack boats
The U.S. and Iran remain deadlocked on a deal to extend their ceasefire and reopen the…
‘As long as the Strait of Hormuz stays closed, markets remain on a knife-edge,’ Deutsche Bank warns
Quick note: Subscribe to the forthcoming Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver…
The Strait of Hormuz crisis shows energy security is now a boardroom issue
For many corporate leaders, energy risk means just higher fuel and electricity bills. Spiking oil prices…
World’s largest oil company reports 25% profit jump as exports bypass Strait of Hormuz closure
Aramco, the world’s largest oil company, reported Sunday that its first quarter profits jumped 25% over…
Ships cluster further from Hormuz Strait as Iran widens grip
Hundreds of vessels were seen clustering near Dubai on Tuesday, as more ships moved away from…
Trump says US will guide ships from ‘neutral and innocent’ countries out of the Strait of Hormuz
U.S. President Donald Trump announced a project that will start on Monday to help stranded ships leave…
The Iran war has turned the world’s shipping straits into a chessboard—and the U.S. aims to box out China from the Panama Canal to the Malacca Strait
While the U.S. and Iran remain mired in a stalemate of ever-evolving ceasefires, the Strait of…
Could the Strait of Malacca be the next global flashpoint?
While recent global attention has focused on the Strait of Hormuz, which Iran has effectively held…
Mohammed El-Erian: Global recession could happen within a month if Strait of Hormuz stays closed
The countdown is on: The global economy has four weeks, eight at most, if it is…