Top U.S. bank sends blunt message on Strait of Hormuz and oil

On May 23, President Donald Trump said a deal with Iran had been "largely negotiated" and details would be announced shortly. Markets wanted to believe it. By May 26, one major Wall Street firm told its clients not to.

Iranian missile likely involved in attack on ship in Strait of Hormuz, South Korea says

By Heejin Kim and Joyce Lee SEOUL, May 27 (Reuters) - An Iranian anti-ship missile was likely involved in an attack on a cargo ship operated by local shipper HMM in the Strait of Hormuz earlier this month,

Kevin Hassett says inflation will drop sharply once Strait of Hormuz reopens

Kevin Hassett expects inflation to fall by year's end as energy prices decline, pointing to strong economic momentum and falling Treasury yields.
Morning Overview on MSN

The US just sank two Iranian boats trying to mine the Strait of Hormuz — four Iranian sailors killed and Iran now claiming it knocked down a US Reaper drone

On May 7, 2026, U.S. forces sank two Iranian boats in the Strait of Hormuz after catching them laying mines in one of the most heavily trafficked shipping corridors on Earth, according to a CENTCOM press release and on-the-record statements from the command’s spokesman.

Seafarer welfare in the Strait of Hormuz

With shipping still paused through the Strait of Hormuz, we find out about the 20,000 sailors trapped on board with dwindling resources and minimal health provision. News from the World Health Assembly where WHO member countries come together for form health policy.
National Security Journal on MSN

Iran closed the Strait of Hormuz without firing a shot and now wants Google, Microsoft, and Amazon to pay tolls on their undersea cables

Summary and Key Points: Iran has effectively closed the Strait of Hormuz without firing a single shot. By threatening cargo ships with drones, missiles, sea mines, swift boats, and midget submarines,
Morning Overview on MSN

Iran’s IRGC says it coordinated 26 vessels through the Strait of Hormuz in 24 hours — even as the US naval blockade pushes back on every tanker that pays the toll

Somewhere in the narrow shipping lanes between Iran and Oman, tanker operators are being asked to make a choice that could cost them either way. Iran’s Islamic Revolutionary Guard Corps says it is collecting tolls from vessels transiting the Strait of Hormuz and claims it moved 26 ships through the waterway in a single 24-hour