• President Trump has threatened "decapitation" strikes against Iran, stating the country is on its "very last chance" to reach a deal.
• In response to a Houthi-declared blockade, six Saudi-operated tankers have been diverted around Africa to ensure safe passage.
• Iran's Foreign Ministry is currently in negotiations with Oman to establish a temporary safe route for maritime vessels.
• The Houthi threat to Saudi oil exports is worsening the energy crisis in Asia.
• Japan, South Korea, and the Philippines are already reeling from the closure of the Strait of Hormuz, exacerbating the issue.
• The blockade is causing a significant shortage of oil, with Asia "scraping the bottom of the barrel" for energy sources.
The Houthi threat to Saudi oil exports comes as Japan, South Korea and the Philippines are still reeling from the closure of the strait of HormuzGovernments in Asia are scrambling to avoid their second major energy crisis in six months, as another maritime chokepoint in the Middle East faces a violent blockade, leaving only the Suez canal completely open for the free movement of gulf oil.Countries like Japan, the Philippines, Thailand and South Korea – which rely on Middle East oil for up to 90% of their imports – are working to secure supplies after Yemen’s Houthis launched a blockade of Saudi Arabian shipping passing through the Bab al-Mandab strait, which forms the southern entrance to the Red Sea. Continue reading...
• Iran-backed Houthi rebels have expanded their conflict by implementing a blockade on Saudi ships in the Red Sea.
• This escalation follows a series of military actions, including the U.S. launching strikes against Iran for the 10th consecutive night.
• The blockade is expected to increase pressure on global energy markets, while Tehran reports receiving new proposals from mediators to resolve the tension.
Revolutionary Guard claims attack on oil tanker and two other ships; Houthis in Yemen say they are imposing an immediate maritime blockade of Saudi Arabia in the Red SeaFull report: Almost 100 troops injured in recent weeks, Pentagon admits, as Iran launches reprisals on US alliesWelcome to our live coverage of the latest developments in the Middle East crisis.Iran attacked a tanker in the strait of Hormuz early on Tuesday, forcing its crew to abandon the ship, as Yemen’s Iran-backed Houthis announced they were imposing an immediate maritime blockade of Saudi Arabia in the Red Sea after the two sides traded fire last week for the first time in years.The latest US strikes came hours after Donald Trump said Iran would pay “many times over” for killing US soldiers after multiple service members were killed in action over the weekend.A tanker came under attack early Tuesday in the Hormuz strait off Oman, forcing the crew to abandon the vessel, the British military’s United Kingdom Maritime Trade Operations centre said. Iran’s Revolutionary Guards claimed the attack as well as two other attacks on ships in the waterway on Monday.The US military’s Central Command said its latest airstrikes were to “degrade” Iran’s ability to attack commercial shipping in the strait and included hitting military command centres and missile and drone launch sites.Iranian media reported strikes in parts of the country including Bandar Abbas, Tabriz and Bushehr, home to the country’s only operational civilian nuclear power.Iran’s launched attacks in response against Bahrain, Kuwait and Jordan, which all host US forces.Oil prices softened after hitting their highest levels in more than a month in the previous session. Brent crude futures eased 0.4% to $88.87 a barrel by 0052 GMT on Tuesday while US West Texas Intermediate crude for September delivery was steady at $82.47 a barrel.Democrats have seized on the deaths of three US troops killed in Iranian strikes to urge Trump to urgently reverse his resumption of the war with Iran amid widespread anxiety over climbing casualties.The Lebanese army began taking charge of security in three southern villages, the US said, as a deal to secure an Israeli withdrawal from southern Lebanon and the disarmament of Hezbollah faced its first test on the ground. Continue reading...
Boarding of M/T Wen Yao in Gulf of Oman comes as expanded airstrike campaign hits five bridges in southern IranAmerican forces boarded a ship in the Gulf of Oman on Thursday as part of the renewed blockade of Iran’s ports that began earlier this week, the US military said.US Marines boarded the M/T Wen Yao “to ensure full compliance with the ongoing US naval blockade,” US Central Command (Centcom) said in a post on X. Continue reading...
Central Command says US aircraft fired missiles into oil tanker’s smokestack in strait of Hormuz as US strikes Iran for fourth consecutive dayTrump again threatens to strike Iran’s power plants amid impasse over strait of HormuzFor a second day in a row, US strikes targeted Iran’s southern port city of Bushehr, home to the country’s only civilian nuclear plant, according to the state news agency IRNA quoting a local official.“In continuation of the brutality of the American enemy, three points in the city of Bushehr were attacked today,” Mohammad Mozaffari, the governor of Bushehr, was quoted as saying.In the recent attacks on the southern part of the country, more than 30 civilians lost their lives. While expressing our condolences and sympathy to the bereaved families, we honour the memory of the fallen. The government will stand by the people with all its might. The south of Iran is the beating heart of this land. The south of Iran, the soul of Iran.” Continue reading...
• President Trump has reversed his threat to impose a 20% fee on cargo passing through the Strait of Hormuz.
• The planned levy will be replaced by new trade and investment agreements with several Gulf states as the US prepares to resume its blockade of Iranian ports.
• In a separate diplomatic move, Trump expressed public support for al-Zaidi to serve as Iraq's new Prime Minister to end a months-long political deadlock.
• Major stock indexes closed lower on July 13, 2026, driven by a decline in memory chipmaker shares, including SK Hynix.
• Oil prices surged following President Donald Trump's announcement that the U.S. is reinstating a blockade of Iranian ships in the Strait of Hormuz.
• The market volatility coincides with the start of second-quarter earnings reports from several major national banks this week.
American president says ships will be charged for safe passage through strait in apparent policy reversalMiddle East crisis live – latest updatesThe US has launched its third consecutive night of strikes on Iran hours after president Donald Trump said Washington would reinstate a maritime blockade on the country and, in an apparently policy reversal, charge ships for safe passage.“These strikes will continue imposing a heavy cost on Iranian forces and degrade their ability to attack innocent civilians and commercial shipping in the strait of Hormuz,” the US military’s Central Command said. Continue reading...
• Rep. Anna Paulina Luna is leading a House blockade, claiming she has the votes to freeze all floor action until Republicans pass the SAVE America Act.
• This legislative hold-up focuses on advancing Donald Trump's stalled voter ID push, effectively halting other scheduled business for the week.
• Luna dismissed the importance of a recently passed bipartisan housing bill, despite GOP leadership viewing the expansion of housing stock as vital for affordability messaging.
Miguel Díaz-Canel cites China and Vietnam as possible models for opening up the country’s economyCuba’s economy needs “urgent changes” to overcome a major crisis intensified by a US oil blockade, president Miguel Díaz-Canel said in a speech to Communist party leaders. “The situation calls for urgent and necessary changes,” Díaz-Canel told the party’s politburo in his frankest admission yet of the need to overhaul the country’s communist model.In the remarks, broadcast on Thursday, he cited China and Vietnam as possible models for opening Cuba’s economy to the world in order to “create economic wealth and distribute it equally.” Continue reading...
Chokehold on shipping route draws Houthis in Yemen back into conflict as commenters see ‘no turning back’Middle East crisis – live updatesIran’s reversion to large-scale military exchanges with Israel broadened the conflict that began in February not only by making the Israeli attacks on Hezbollah a direct casus belli for Iran for the first time, but also by drawing the Houthis in Yemen back into the conflict with as yet incalculable consequences.Some in Tehran, buoyed up by past perceived military success and emboldened by the chokehold of the strait of Hormuz, would like to turn this moment into the point of no return in the conflagration with Israel. A minority would welcome the abandonment of ceasefire talks with the US, an outcome for which they have been agitating for weeks. Continue reading...
• The United States naval operations in the Gulf of Oman and Strait of Hormuz have caused Iran nearly $4.8 billion in lost oil revenue, according to Pentagon estimates reported by Axios.
• Pentagon spokesperson Sean Parnell, citing Press Secretary Joel Valdez, states the blockade enforces sanctions and curbs Iran's maritime oil trade to weaken funding for militant activities.
• The Strait of Hormuz remains central to tensions as a vital global oil chokepoint, risking escalation in energy markets and regional stability.
At a rally in Florida, the US president tells a cheering crowd ‘we took over the ship’Middle East crisis – live updatesDonald Trump has said the US navy acted “like pirates” as he described an operation seizing a ship amid the tit-for-tat American blockade of Iranian ports.“We … land on top of it and we took over the ship. We took over the cargo, took over the oil. It’s a very profitable business,” said Trump at a rally in Florida on Friday. Continue reading...
• The Trump administration has announced 'Operation Economic Fury,' implementing a comprehensive blockade against Iran as part of an expanded sanctions campaign.
• The initiative represents a significant escalation in economic pressure against Iran, marking a shift in US foreign policy toward more aggressive measures.
• This action comes amid broader geopolitical tensions in the Middle East and follows months of diplomatic tension between the US and Iran.
• The United Arab Emirates withdrew from OPEC yesterday, marking a historic split from Saudi Arabia during the escalating regional crisis.
• This decision coincides with the Strait of Hormuz being almost entirely shut down due to a US naval blockade aimed at halting Iranian oil exports.
• The US is threatening to cut off major Chinese banks from its financial system to prevent processing of Iranian oil, intensifying global energy tensions.
Oil markets spooked as Donald Trump appears willing to maintain the US Navy blockade and Iran keeps strait of Hormuz all but shutThe price of Brent oil soared above $126 a barrel on Wednesday, its highest level since 2022, after Donald Trump warned the US blockade of Iranian ports could last months and peace talks remained stalled.Surging more than 13% in 24 hours, Brent crude hit a record price since the war began on 28 February. Not since Russia’s 2022 invasion of Ukraine has Brent topped $120, with the price then peaking at $139. Continue reading...
• UN International Maritime Organization Secretary-General Arsenio Dominguez stated that the blockading of ships in the Strait of Hormuz due to the US-Iran conflict has turned international shipping and seafarers into leverage in geopolitical disputes.
• The crisis highlights how vessels and crews, not involved in the conflict, are being caught up in hostilities between the United States and Iran, disrupting global trade routes.
• This development underscores critical weaknesses in global shipping networks, potentially leading to supply chain disruptions, higher costs, and risks to maritime security worldwide.
• Navy Secretary John Phelan was fired by the Pentagon on Wednesday night amid escalating tensions with Iran over the blockade of the Strait of Hormuz.
• The firing comes as the U.S. maintains military pressure on Iran, with reports indicating the blockade is costing Iran an estimated $500 million per day and pushing the regime toward economic collapse.
• U.S. intelligence officials warn that Iran retains thousands of missiles and drones capable of threatening American interests in the region.
Battle of the blockades may still have more time to run as both the US and Iran try to assert control over the strait of HormuzDonald Trump’s decision to extend the naval blockade of Iran indefinitely may do nothing to reduce world oil prices – but it could amount to a recognition that further US military escalation in breach of the nominal ceasefire comes with greater risk against a regime disinclined to surrender.In theory, Trump’s military options are increasing. A third US carrier strike group, the George HW Bush, is due to arrive in the Middle East within days after rounding South Africa. A second taskforce of 2,500 US marines is sailing from the Pacific and is due to arrive by the end of April. Continue reading...
White House says Tehran in ‘very weak position’; Iran says two seized ships transferred to its coast; US navy secretary exiting post ‘effective immediately’, says Pentagon‘Impossible’ to reopen strait of Hormuz amid ‘flagrant’ ceasefire breaches, Iran saysWelcome to our live coverage of events in the Middle East.Iran has seized two ships in the strait of Hormuz a day after Donald Trump announced he was indefinitely calling off US attacks, while there is no sign of peace talks restarting.Trump was “satisfied” with the US naval blockade and “understands Iran is in a very weak position”, White House press secretary Karoline Leavitt said. The US president had not set a deadline on Iran submitting a peace proposal, she said, after Trump on Tuesday said he was indefinitely extending the ceasefire at the request of mediator Pakistan until Tehran responded to the US’s negotiating positions or until talks were concluded “one way or the other”.The Pentagon announced that the US secretary of the navy, John Phelan, would depart the office “effective immediately”, without providing an explanation for his sudden exit. The US army’s top officer, Gen Randy George, and two other senior officers were removed earlier this month amid the continuing war with Iran.The US-Israeli war against Iran is “starting to weaken Europe”, Turkish president Recep Tayyip Erdoğan has told his German counterpart. Erdoğan said: “If we do not address this situation with an approach that prioritises peace, the damage caused by the conflict will be far greater.”Israeli strikes in southern Lebanon killed a Lebanese journalist, Amal Khalil, and wounded a photographer accompanying her, a senior Lebanese military official and Khalil’s employer said. The death of Khalil, 43, brought the death toll to five people on Wednesday – the deadliest day since a 10-day truce between Israel and Hezbollah was announced on 16 April. There was no immediate comment from the Israeli military on Khalil’s death.Khalil and freelance photographer Zeinab Faraj were covering developments near the town of al-Tayri when an Israeli strike hit the vehicle in front of them, Reuters reported. They ran into a nearby house that was then also targeted by an Israeli strike, said Lebanon’s health ministry. Lebanese prime minister Nawaf Salam said Israeli targeting of journalists and obstructing relief effort constituted war crimes.Oil prices leapt 4% on Thursday after Iran vowed not to reopen the Hormuz strait amid the US naval blockade despite the truce extension. Around 0025 GMT, the benchmark US oil contract West Texas Intermediate (WTI) rose 4.06% to $96.73 a barrel, while the international oil benchmark Brent North Sea crude climbed 3.62% to $105.63. Both eased back minutes after.Two Palestinians, including a 14-year-old schoolboy, were killed in the occupied West Bank after Israeli settlers opened fire near a school amid mounting assaults on education in the territory, witnesses and local officials have said.United Airlines implemented broad-based rises of 15-20% on fares as it sought to offset the surge in petrol prices while protecting profits, executives said. The big US carrier has also cut its 2026 flying capacity by 5%. Continue reading...
Iran’s goal is to maintain chokehold on global economy even as some say it could run out of oil storage by SundayMiddle East crisis – live updatesDonald Trump’s indefinite shelving of the plan to bomb Iran’s bridges and power station on Tuesday night is being widely described as leaving the conflict in limbo, but that is anything but the truth.Pakistan insists the prospect of talks in Islamabad has not evaporated, and positive messages are still being exchanged, but in the meantime the site of kinetic activity has switched from land to sea. Both sides are vying to prove they can enforce their blockade of the strait of Hormuz more effectively than the other. It has become a form of gunboat diplomacy brought to life in the most significant geopolitical waterway in the world. Continue reading...
Donald Trump’s conflict with Iran could speed the EU’s green revolution – if panicking governments can hold their nerve on clean energy• Don’t get This Is Europe delivered to your inbox? Sign up hereA surge in demand for electric vehicles across Europe may be evidence of what George Monbiot greeted as the silver lining of the Iran war. Sales of electric cars in continental Europe rose by 51% in March.The International Energy Agency has called the disruption in the strait of Hormuz the “biggest energy crisis in history”, but it appears, on one level, to be accelerating Europe’s green revolution. Yet, even if car-owners are rushing to the EV showrooms, some European governments, facing a groundswell of anger over soaring petrol and gas prices, are at risk of sending the clean energy transition into reverse. Continue reading...
US Treasury secretary Scott Bessent says Iran’s Kharg Island storage facilities will be full and their ‘fragile’ oil wells shut in mere days because of the blockade; oil prices rise amid ongoing uncertaintyTrump announces extension of Iran ceasefire until ‘discussion concluded’Shares have been mixed in early trading across Asia, while oil prices have eased on hopes the US and Iran may resume talks to end their war.The price of Brent crude edged 0.2% lower but was still above $98 a barrel. US benchmark crude fell 0.4% to $89.29 a barrel. Continue reading...
Iran decried the seizure as an act of piracy, saying it has no plans to participate in talks with the US. Plus, how Maui residents are rebuilding Lahaina for locals, not touristsGood morning.The US military has attacked and seized an Iranian-flagged container ship that tried to evade its blockade near the strait of Hormuz. It is the first such interception since the US began blocking Iranian ports last week.When does the ceasefire end? It is set to expire by Wednesday.Where does the US public stand on the war? An NBC poll on Sunday estimated 67% and 68% of adults “somewhat” or “strongly” disapproved of the way Trump was handling the Iran war (as well as inflation and the cost of living domestically).Stay up to date on developments with our liveblog.Was the suspect known to the authorities? Police said he had been arrested in 2019 in a firearms case. Continue reading...
• Iran's military command announced it has reasserted control of the Strait of Hormuz under 'strict management and control of the armed forces' just hours after the first tankers passed through following the U.S. blockade.
• The swift reversal came after President Trump declared the critical waterway open due to American naval presence and rejected NATO assistance.
• The escalating situation highlights intensifying Middle East tensions and challenges to U.S. maritime control efforts in the strategically vital shipping lane.
IRGC reportedly fires on tanker as it tries to pass through strait after brief window when strait had reopened• Middle East crisis – live updatesIranian officials say they have reversed the reopening of the strait of Hormuz and reimposed restrictions on the vital shipping lane after the US said it would not end its blockade of Iranian ports.A UK maritime agency reported that Islamic Revolutionary Guards Corps (IRGC) ships had fired at a tanker as it attempted to pass through the strait on Saturday. Continue reading...
Iranian parliamentary speaker also says passage through waterway will depend on Iranian authorisation and accuses Donald Trump of multiple falsehoodsIran says strait of Hormuz ‘completely open’ to commercial vessels as oil prices fallBritain will make “a wide-ranging military contribution” to an international mission to protect shipping in the strait of Hormuz trade waterway, the UK ambassador to the US has said.Christian Turner’s commitment comes amid long-running concerns over the state of Britain’s armed forces and warnings of under-funding. Continue reading...
US military boasts blockade of the strait of Hormuz will incapacitate Iran’s economy; Trump says negotiations could return to PakistanUS-Iran peace talks could resume in next two days, Trump saysWelcome to the Guardian’s continuing coverage of the crisis in the Middle East.The US military has said American forces have completely halted economic trade going in and out of Iran by sea through a blockade.An estimated 90% of Iran’s economy is fueled by international trade by sea. In less than 36 hours since the blockade was implemented, U.S. forces have completely halted economic trade going into and out of Iran by sea.”Donald Trump has said that talks with Iran could resume in Pakistan over the next two days, according to an interview with the New York Post. “Something could be happening over the next two days, and we’re more inclined to go there,” Trump was quoted as saying.US secretary of state Marco Rubio said Israel-Lebanon talks in Washington on Tuesday were a “historic opportunity”. He said that while every complexity would not be resolved immediately, he hoped the parties would begin to move forward.Lebanon’s president expressed hope that direct talks would lead to an end to his country’s “suffering” after war erupted again between Israel and Hezbollah last month. “I hope that the meeting in Washington... will mark the beginning of the end of the suffering of the Lebanese people in general, and those in the south in particular,” president Joseph Aoun said in a statement, adding that “stability will not return to the south if Israel continues to occupy its lands”.Lebanon’s top envoy to the US said the high-level diplomatic engagement between her country and Israel was “constructive,” but urged an end to the ongoing conflict between Israel and Iran-backed Hezbollah militants that has displaced thousands of Lebanese. After participating in Tuesday’s talks with Rubio and Israel’s ambassador to the US, Nada Hamadeh Moawad said she had “underscored the need to preserve our territorial integrity and state sovereignty”.The US will not renew a 30-day waiver of sanctions on Iranian oil at sea that expires this week officials told Reuters, as the US imposes a blockade on shipments from Iranian ports.UK prime minister Keir Starmer and French president Emmanuel Macron will co-host a summit in Paris on Friday focused on efforts to reopen the strait of Hormuz, Downing Street said. A spokesperson said: “The summit will advance work towards a coordinated, independent, multinational plan to safeguard international shipping once the conflict ends.”Trump criticised Italian prime minister Giorgia Meloni, a political ally, in an interview published on Tuesday for her unwillingness to help in the Iran war. “I’m shocked at her. I thought she had courage, but I was wrong,” he told Italian daily Corriere della Sera.Foreign ministers from Saudi Arabia, Pakistan and Egypt will meet Turkey’s top diplomat this week for talks on regional matters, a ministry source told AFP on Tuesday. “This is the third meeting of the four countries to discuss regional affairs, not specifically Hormuz,” said the source, who wished to remain anonymous.Hezbollah said it targeted 13 northern Israeli towns with rockets shortly after the start of Lebanese-Israeli talks in Washington. In a statement, the group said it targeted Kiryat Shmona, Metula and 11 other towns “with simultaneous rocket salvos” at 6.15pm.US treasury secretary Scott Bessent has said the underlying US economy remains strong and that growth could still exceed 3% or 3.5% this year despite the impact of the US-Israel war on Iran. Earlier on Tuesday, the International Monetary Fund (IMF) cut its growth forecasts for 2026 based on the impact of the war and said any further escalation in the conflict could trigger a global recession. Bessent however cast cuts in global growth forecasts and higher inflation projections by the IMF and World Bank as an overreaction. Continue reading...