All news on the topic: Strait of Hormuz

Two reports from top accounting firms suggest the economy is on the brink as gas and oil prices surge following Tehran’s blockade on the Strait of Hormuz.

There were no reports of any attacks on UK-linked vessels yesterday despite Donald Trump claiming that Iran fired at a British cargo ship.

Sir Keir Starmer has been accused of “skulking” around Scotland and avoiding Scottish Labour leader Anas Sarwar during a brief visit north of the border.

The Trump administration is considering unfreezing $20 billion in Iranian assets as part of ongoing negotiations with Tehran, according to two sources familiar with the discussions.

Donald Trump has welcomed Iran’s foreign minister’s announcement that the Strait of Hormuz would be "completely open" for the "remaining period of ceasefire".

Rachel Reeves has intensified her criticism of Donald Trump’s military actions in Iran, calling it a “mistake” that has destabilized the global economy and negatively impacted living standards worldwide.

International leaders will gather in Paris on Friday in the hopes of developing a plan to ensure the Strait of Hormuz remains open to shipping after the war in the Middle East ends.

The economic fallout from the Iran war will hit the UK the hardest out of all the world’s advanced economies, the International Monetary Fund (IMF) has warned.

Keir Starmer has "urged both sides to find a way through" after US-Iran peace talks broke down this morning.

Donald Trump has said the Strait of Hormuz will reopen with or without Iran’s cooperation as US and regime delegates arrive in Pakistan for negotiations.

North Sea oil prices have soared to a record high as panicking traders rush to secure vital supplies while the Strait of Hormuz remains shut.

Sir Keir Starmer has insisted that Nato is “in America’s interest” following suggestions Trump could use an audit to decide whether Britain and its allies should be punished for not assisting the US in the war with Iran.

Singapore, April 10 - Chinese independent refiners have bought Iranian oil at premiums to Brent for the first time in years.

You can try to minimize the impact that this situation has on your mental health, but it’s becoming impossible.”

Moscow, April 9 - Russia will see revenue from its biggest ‌single oil tax double to $9 billion in April due to the oil and gas crisis triggered by the U.S.

A Wall Street research firm has paid an analyst $15,000 to venture to the Strait of Hormuz by speedboat, armed with cigars and tobacco pouches in order to gain trading insights.

Sadiq Khan has said King Charles could ‘speak some sense’ into Donald Trump after his ‘grotesque’ threats to obliterate Iran if they did not reopen the Strait of Hormuz.

Donald Trump’s two-week pause in the bombing campaign, contingent on Iran reopening the Strait of Hormuz for shipping, appears to be under threat.

Iran was quick to dismiss Donald Trump’s declaration that the Strait of Hormuz is now officially open.

Iran could soon be rolling in cash if it goes ahead with charging vessels for passing through the Strait of Hormuz – at $1,000,000 per ship.

Donald Trump announced he will pause attacks on Iran for two weeks just hours after threatening that ‘whole civilization will die.’

Oil tankers once sailed straight through the center of the Strait of Hormuz. But since February 28, vessels crossing the 21-mile-wide waterway have been forced onto an alternate route.

Iran has launched a series of cyber attacks against the US hours after Donald Trump threatened to wipe out the country’s civilization.