Strait of Hormuz | Euronews

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Iran

Iran sets up Hormuz transit authority to charge ships for passage

Tehran has launched a formal body to manage and charge ships for transit through the Strait of Hormuz in a highly-contested move as tankers pile up in the waterway and peace talks remain deadlocked.

Europe News

Meloni asks EU to treat energy crisis like defence, relax fiscal rules

Meloni calls for greater budget flexibility to tackle rising energy costs, warning Italy could exit the SAFE defence programme, in a new letter sent to the European Commission.

Iran

Iran eyes fees on Hormuz internet cables as new lever against the West

IRGC-linked media have called on Tehran to impose fees on submarine cables through the Strait of Hormuz and monitor global data traffic, citing claimed sovereignty over the waterway.

China

Trump and Xi wrap up summit claiming progress in stabilising ties

The two leaders met on Friday at final talks of the superpower summit, which the US president said "settled a lot of different problems". Xi described Trump's visit as a "milestone visit".

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Iran

Ship taken near UAE coast headed for Iranian waters, UK agency says

A ship has been taken near the UAE coast and is headed for Iranian waters, the UK's UKMTO said, in the latest vessel seizure around the Strait of Hormuz.

Economy

Oil stocks drain at record pace as IEA warns of renewed price swings

The International Energy Agency says the oil market is likely to remain in deficit until the final quarter of the year, as disruptions at the Strait of Hormuz continue to constrain supply, increasing the risk of renewed price volatility.

Economy

Iran's economy is being tested by war, blockades and soaring inflation

Inflation has hit 54% and the rial has lost more than half its value, but Tehran insists it can hold out

Qatar

Qatar warns Iran against weaponising Hormuz to 'blackmail' Gulf states

Qatar warned Tehran on Tuesday against using the Strait of Hormuz as a "weapon" to hold Gulf states to ransom, as Doha and Ankara backed ongoing mediation efforts to end the Iran war and restore access to the vital waterway.

Economy

Global trade’s next top priority: Bypassing the Hormuz chokepoint

Global shipping firms are redesigning trade routes as tensions in the Strait of Hormuz disrupt supply chains, raise costs and expose the vulnerability of global commerce to geopolitical conflict.

Economy

Shipping fuel crunch raises fears of higher prices worldwide

Global shipping companies are bracing for fuel shortages and rising costs as the Iran war disrupts supplies of bunker fuel through the Strait of Hormuz.

Business

What makes a stock jump 1,000%? Europe’s winners of 2026

From Swedish photonics to French satellites and British fuel cells, meet this year's top-performing equities across sectors.

Iran

Iran chief negotiator says US must accept proposal or face 'failure'

Iran has refused to back down in its war with Washington, with military officials warning they are prepared to respond to any renewed US attack.

Business

Saudi Aramco profits jump 25% as Iran war drives oil prices higher

Saudi Aramco said Q1 profit rose 25% as the Iran war disrupted global oil supplies and pushed up prices. The company shifted some exports away from the Strait of Hormuz via its East-West Pipeline, which is now operating at full capacity.

Markets

Oil jumps 4% as Trump rejects Iran’s response to ceasefire proposal

Oil prices jumped on Monday morning while European markets edged lower and Asian stocks rose to new all time highs after US President Donald Trump rejected Tehran’s response to the latest proposal on ending the war in Iran.

Iran

Fragile truce holds as US awaits Iran's response to latest proposal

Washington insists its month-long ceasefire with Iran is continuing to hold despite renewed hostilities and the recent exchanges of fire. The US says it is awaiting Iran’s response to its latest ceasefire proposal to end the war.

Economy

Potato futures soar 700% in less than a month on Iran war speculation

Potato-linked financial contracts have risen over 700% in a few weeks, despite a current oversupply in Europe, due to speculative trading surrounding the volatile environment caused by the Iran war.

Economy

Oil tanker arrives in South Korea after leaving the Strait of Hormuz

A Malta-flagged tanker, carrying one million barrels of crude oil, has successfully reached the western coast of South Korea after passing through the Strait of Hormuz in mid-April.

Economy

Gold or oil: Which shields you best from Iran war inflation?

Conventional wisdom holds that gold protects investors during war and inflation. The Iran conflict has turned that assumption on its head. Since the outbreak of the war, Brent crude has rallied 37%, while gold has fallen 10%. The driving force is interest rates, not geopolitics.

Iran

UAE reports missile attack as Iran war ceasefire is challenged

Meanwhile, a shipping data company reported that Iran had created a government agency to vet and tax vessels seeking passage through the crucial Strait of Hormuz.

Business

Maersk profit drops, maintains 2026 outlook despite Hormuz uncertainty

Danish shipping giant Maersk said on Thursday it was maintaining its 2026 outlook despite the war in the Middle East and uncertainty over disruptions to key trade routes through the Strait of Hormuz.