US Apache helicopter crashes near Strait of Hormuz as Trump says Iran deal could be days away
A US Army Apache helicopter carrying two pilots crashed near the Strait of Hormuz on Tuesday, in the latest incident to draw attention to the strategically important waterway. Officials said both pilots were rescued safely and were unharmed. The cause of the crash was not immediately known.Donald Trump said the pilots were fine when he spoke to reporters at John F. Kennedy International Airport. He also said a report would be issued later, but did not give details on what caused the aircraft to go down.The White House, the US Department of State and US Central Command did not immediately... [Continue Reading]
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Israel-Iran conflict spreads to Lebanon and Strait of Hormuz as Trump says Netanyahu did not defy him
Israel and Iran's confrontation has widened beyond direct strikes between the two countries, with new reporting pointing to casualties in Lebanon and disruption in the Strait of Hormuz. In a brief phone call, Donald Trump said Israeli missiles were already on their way when he spoke with Benjamin Netanyahu about the strikes on Iran. The same material says one person was killed and more than 60 injured in an Iranian drone strike in Lebanon, while Trump has also suspended an operation to guide ships through the Strait of Hormuz.The call between Trump and the BBC's North America editor lasted just... [Continue Reading]
Shipping through Strait of Hormuz goes dark amid regional conflict
Commercial shipping through the Strait of Hormuz is continuing at a reduced and unsettled pace after weeks of regional strikes and a ceasefire between the United States and Iran. Vessels are still moving through the narrow waterway, but many are doing so with their marine tracking transponders switched off, a practice known as dark transit. The pattern has raised fresh concern over one of the world's most important energy chokepoints, where traffic has become dependent on negotiated passage and shifting military pressure.Marine traffic observers say more than 80 commercial ships have crossed the Strait of Hormuz and left the Persian... [Continue Reading]
US jet fuel costs surge as Iran tensions raise Strait of Hormuz disruption fears
Jet fuel prices in the United States have risen sharply as tensions between the United States and Iran intensify, adding fresh pressure to airlines ahead of the peak summer travel season. The latest market move is being linked to fears that shipping through the Strait of Hormuz could be disrupted. That waterway is a key route for global energy shipments, so even the prospect of interference can affect fuel markets quickly.The International Air Transport Association said jet fuel availability is threatened and that prices have roughly doubled since late February. In its annual report published on Sunday, the group said... [Continue Reading]
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US downs Iranian drones as Iran-US war reaches 100th day
The US said it shot down two Iranian drones that it said threatened international maritime traffic in the Strait of Hormuz, as the war between the two countries reached its 100th day. The incident adds to a series of exchanges that have continued despite indirect negotiations and mediation efforts. It also comes as the conflict has raised concern over shipping through one of the world's most sensitive waterways.According to the supplied report, the drones were destroyed by US Central Command. The statement said they threatened traffic in the Strait of Hormuz, a narrow passage linking the Gulf to the wider... [Continue Reading]
US says Iran fired seven ballistic missiles at Kuwait and Bahrain in Gulf escalation
US military officials said Iran launched seven ballistic missiles toward Kuwait and Bahrain on Saturday, in a sharp escalation of tensions across the Gulf. According to the officials, US forces intercepted six of the missiles and a seventh failed to reach its target. The exchange came after US forces also shot down four Iranian one-way attack drones launched toward the Strait of Hormuz.Central Command said the missile launch followed the drone interceptions and that US forces later struck Iranian coastal surveillance radar sites in Goruk and on Qeshm Island. The command said its initial assessment was that six of the... [Continue Reading]
UN warns Middle East war and Hormuz closure are worsening global hunger
The United Nations says the war in the Middle East and the closure of the Strait of Hormuz are worsening hunger far beyond the region. It says the disruption is pushing up the cost of food and fuel, with knock-on effects for countries already facing acute shortages. The warning comes as the World Food Programme says it is preparing for a possible supply disruption next month.The UN-linked assessment says 320 million people were already living with acute food insecurity when the World Food Programme warned in March that the situation could deteriorate further. It said as many as 45 million... [Continue Reading]
US naval blockade cuts Iran's oil exports to six-year low
Iran's crude oil exports have fallen to their lowest level in at least six years after the United States began a naval blockade of Iranian ports on 13 April. The move has sharply reduced the amount of oil Tehran can sell abroad, according to shipping data cited in the supplied material. The disruption comes amid a fragile ceasefire between the two countries and has added pressure on Iran's most important source of income.The supplied reporting says Iran is now exporting less than one-sixth of the oil it was shipping before the war began. It says crude and condensate exports dropped... [Continue Reading]
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WFP warns US-Iran war is worsening food insecurity in fragile countries
The United Nations World Food Programme has warned that the war between the United States and Iran is driving sharp food price increases in fragile countries and pushing millions closer to hunger. In an analysis published on Friday, the agency said the conflict's effect on oil prices is having "profound implications" for global food security. It said the spillover is already visible in countries with weak economies and high dependence on imports.The WFP said its March warning that 45 million people could fall into acute food shortages if oil prices stayed at $100 a barrel by the end of June... [Continue Reading]
Australia fuel excise cut set to end as Hormuz shipping uncertainty continues
Australia's temporary fuel excise cut is due to expire on June 30, with uncertainty still hanging over oil prices after disruption linked to the US-Israeli attack on Iran and shipping problems through the Strait of Hormuz. The measure was introduced to ease pressure on motorists after the oil shock pushed fuel prices higher. Officials and analysts say the outlook remains unclear because there is still no agreement on how shipping through the strait will be managed.The federal government halved the fuel excise for three months after major disruptions to the fuel supply chain and a subsequent shortage. The cut reduced... [Continue Reading]
Strait of Hormuz traffic remains far below normal as oil prices stay elevated
Traffic through the Strait of Hormuz remains a fraction of normal levels despite a fragile ceasefire and renewed talks aimed at ending the conflict involving the United States, Israel and Iran. The waterway, which carries about 20% of the world's oil, has reopened in principle, but shipping and energy markets have not returned to normal. Oil prices are still around 30% above pre-war levels, and companies are still treating the route with caution.The latest assessment says many tankers and gas carriers are still waiting before re-entering the Gulf in large numbers. Executives, shipping leaders and economists expect any recovery to... [Continue Reading]
Trump says Iran ceasefire is holding as US strikes continue and Hormuz talks advance
US President Donald Trump has said the ceasefire with Iran is still in effect, while describing it in looser terms and acknowledging that US forces have continued striking Iranian targets. Speaking in the Oval Office on Wednesday, he said that in the Middle East a ceasefire can mean people are "shooting in a more moderate manner". He also said the United States had hit Iranian targets "pretty hard" over the previous two nights.Trump's comments came in response to questions about whether the truce remained in place despite renewed hostilities. He said there was "a reason for everything" and added that... [Continue Reading]
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Asian currencies weaken as dollar strength and higher energy costs add pressure
Currencies across Asia are under renewed pressure as a stronger US dollar, higher energy costs and wider market uncertainty weigh on exchange rates. The pressure is being felt from India and the Philippines to Indonesia, Japan and South Korea. The report says the strain is linked in part to the conflict around the Strait of Hormuz, which is helping drive a broader economic shock.The Indian rupee and Philippine peso have fallen to record lows, according to the supplied material. Indonesia's rupiah is described as weaker than it was at the depths of the Asian financial crisis. Central banks in Japan... [Continue Reading]
US says it disabled Iran-bound tanker in Strait of Hormuz blockade enforcement
The United States says it has struck and disabled an oil tanker sailing towards Iran in the Strait of Hormuz area, in a fresh escalation linked to its naval blockade. The vessel was Botswana-flagged and was heading towards Iran's Kharg Island when it was hit, according to the US military. The strike was carried out at sea and the tanker was left disabled after the attack.US Central Command said a US aircraft fired a Hellfire missile at the tanker's engine room after the vessel ignored repeated warnings. It said the ship failed to comply with directions multiple times over a... [Continue Reading]
Australia imports more than one million tonnes of urea as Hormuz disruption continues
Australia has imported more than one million tonnes of urea since the Middle East war began in February, as disruption to trade through the Strait of Hormuz continues to affect fertiliser supply. The federal government says it streamlined biosecurity border processes in April to help speed imports into the country. Further shipments are expected in the coming weeks, according to the latest update.The move comes as Australia remains wholly reliant on urea imports to support crop production. Urea is the most commonly used nitrogen fertiliser and is important for high yields in crops including wheat, barley, oats and vegetables. The... [Continue Reading]
Thousands of sailors remain trapped after Strait of Hormuz closure
Thousands of sailors and more than 1,600 ships remain trapped in or near the Strait of Hormuz after Iran shut the waterway during the US-Israeli war with Iran, according to the supplied account. The closure has left vessels unable to leave the Gulf, disrupting one of the world's most important maritime energy routes. The situation has now lasted for months, with crews describing long periods of uncertainty, stress and exhaustion.The row says the strait has been closed since late February, when Iran refused to let ships pass without its express permission. It says about 20,000 sailors are affected, and that... [Continue Reading]
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Rubio says Iran must reopen Hormuz and will negotiate nuclear aspects
United States Secretary of State Marco Rubio has said Iran has agreed to negotiate aspects of its nuclear programme and must reopen the Strait of Hormuz, in remarks to a Senate hearing in Washington. He described Iran's move to block the waterway as "unlawful and illegal" and said the administration's diplomacy was making progress, while stopping short of saying a deal was assured. Rubio said the talks had moved further than they had a month or a year ago, when, he said, Iran was refusing even to discuss those issues.He also told lawmakers that there was no guarantee the negotiations... [Continue Reading]



