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Latest news, analysis and updates about Strait of Hormuz from Zorywire.
Iran’s military said the Strait of Hormuz was being closed over alleged ceasefire violations, but U.S. officials said they had not seen evidence of a full shutdown. The waterway remains central to oil, LNG and global shipping, making the claim important even if traffic has not stopped.
The White House sent Congress the text of an interim U.S.-Iran agreement, Reuters reported. The document sets a 60-day negotiating window while leaving Iran’s nuclear program, sanctions and the deal’s durability unresolved.
Crude prices fell after President Trump called off threatened strikes on Iran, easing the immediate supply-risk premium. Traders are still watching whether a U.S.-Iran deal materializes and whether oil flows through the Strait of Hormuz normalize.
The U.S. says it struck Iranian air defense and radar sites near the Strait of Hormuz after a U.S. Army Apache helicopter went down near Oman. Iran then claimed retaliatory attacks on U.S.-linked bases in Bahrain, Kuwait and Jordan, while key details of the helicopter incident remain under investigation.