Strait of Hormuz in Strait of Hormuz

U.S.-Iran standoff

Why Trump’s Iran blockade may not break Tehran’s oil industry this week

Analysts say Iran has enough storage to avoid the immediate field damage Trump warned about, even as the blockade squeezes revenue and drives up oil prices

Energy markets

Brent crude jumps to $119 as Iran blockade fears deepen

The benchmark rose nearly 7% Wednesday after reports the U.S. is preparing to extend pressure on Iranian ports while traffic through the Strait of Hormuz remains heavily disrupted

Iran war

Hormuz remains in limbo as Trump weighs Iran offer

Brent crude topped $112 a barrel and U.S. gasoline prices hit a wartime high as Washington considers a proposal tied to the strait but not nuclear talks

Middle East energy shock

Oil rises as U.S.-Iran talks stall over Hormuz and nuclear demands

Brent crude climbed above $109 before easing, with no clear breakthrough on reopening the Strait of Hormuz or resolving Washington’s dispute with Tehran over its nuclear program

Strait of Hormuz

Iran seizes two ships in Hormuz as U.S. tanker boardings widen

The IRGC took the MSC Francesca and Epaminondas toward Iran’s coast as Washington reported new interdictions of Iran-linked tankers in the Indian Ocean

Strait of Hormuz

Seized ships sharpen risks for crews in Strait of Hormuz

Two MSC-managed container ships have been taken toward Bandar Abbas after Iranian forces seized them, leaving shipping companies to weigh crew safety amid a widening maritime confrontation