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Iran opens Strait of Hormuz, Oil crashes 11 percent but Trump keeps blockade

Iran opens Strait of Hormuz, Oil crashes 11 percent but Trump keeps blockade

The Strait of Hormuz is back open — but the crisis is far from over. Iran has announced that the world’s most critical oil chokepoint is now open to commercial shipping during the ceasefire. The move sent oil prices plunging over 11%, easing fears of a historic global energy shock. But there’s a catch. Ships must follow strict Iranian-controlled routes, and President Donald Trump has made it clear: the U.S. naval blockade on Iran is still in place.

18 April,2026 12:38 AM IST
Trump surrendering to Iran? Deal over nuclear choked but Trump says

Trump surrendering to Iran? Deal over nuclear choked but Trump says "done soon"

President Donald Trump says a deal to end the Iran war is “very close,” but behind the scenes, high-stakes negotiations are still facing major hurdles. As secret US-Iran backchannel talks intensify in Islamabad, global powers are racing to reopen the Strait of Hormuz — a critical artery for nearly 20% of the world’s oil supply. With shipping disrupted and markets on edge, fears of a massive energy shock continue to grow.

18 April,2026 12:37 AM IST
Hormuz Showdown: Iran Stands Firm as US Pushes Fresh Talks Amid Rising Tensions

Hormuz Showdown: Iran Stands Firm as US Pushes Fresh Talks Amid Rising Tensions

Tensions escalate across the Middle East as Iran hardens its position on the Strait of Hormuz, declaring it will not step back until its “rights are fully secured.” The strategic waterway, critical for global oil shipments, has once again become the center of geopolitical friction between Tehran and Washington. Iranian officials have issued strong warnings regarding maritime security in both the Strait of Hormuz and the Red Sea, hinting at potential disruption of key trade routes if pressure and naval restrictions continue. These developments come as global observers watch closely for signs of escalation or de-escalation. Former Iranian official Mohsen Rezaei reaffirmed Tehran’s stance, stressing that Iran will maintain strategic control over Hormuz until long-term economic and security guarantees are established in any future agreement. WATCH

16 April,2026 04:37 PM IST
US enforces total blockade on Iran shipping lanes; Iran to attack Gulf ports?

US enforces total blockade on Iran shipping lanes; Iran to attack Gulf ports?

The United States has launched a major naval blockade targeting Iran’s shipping routes, escalating tensions across the Gulf and pushing global oil prices sharply higher. With the Strait of Hormuz effectively restricted, energy markets are bracing for a prolonged supply shock. Tehran has issued a stark warning, threatening retaliation against Gulf ports if its exports continue to be blocked. With oil surging past $100 and global trade routes under pressure, this could mark one of the most severe energy disruptions in modern history.

14 April,2026 12:18 AM IST

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