U.S. World Business Lifestyle
Today: May 19, 2026
Today: May 19, 2026

Strait of Hormuz

Business|Economy|Finance|Stock Markets|World

Stocks fall, oil rallies as Middle East peace hopes fade

Wall Street's main equity indexes dipped on Tuesday and the dollar rose as U.S. inflation climbed and oil gained for a third

Stocks fall, oil rallies as Middle East peace hopes fade
Business|Economy|Political|World

Iran now defines Strait of Hormuz as far larger zone, IRGC officer says

Iran has expanded its definition of the Strait of Hormuz into a "vast operational area" far wider than before the Iran war, according to a senior officer in the Islamic

Iran now defines Strait of Hormuz as far larger zone, IRGC officer says
Economy|Political|World

US top diplomat discusses Iran, Strait of Hormuz with UK and Australia

U.S.

US top diplomat discusses Iran, Strait of Hormuz with UK and Australia
Business|Economy|Environment|Finance|Political|Stock Markets|US|World

Trump wants to lift the federal tax on gas. But don’t expect much relief even if it happens

Trump wants to lift the federal tax on gas. But don’t expect much relief even if it happens

Trump wants to lift the federal tax on gas. But don’t expect much relief even if it happens
Economy|Political|World

Trump says Iran ceasefire is 'on life support' as hopes for a deal fade

U.S.

Trump says Iran ceasefire is 'on life support' as hopes for a deal fade
Economy|Finance|Political|Stock Markets|US|World

The Latest: Trump rejects Iran’s latest response to ceasefire proposal ahead of his trip to China

Iran and the United States have reached an impasse again over how to end their war while their ceasefire grew increasingly shaky

The Latest: Trump rejects Iran’s latest response to ceasefire proposal ahead of his trip to China
Economy|Finance|Political|US|World

Iran’s ‘garbage’ peace offering is proof it thinks it has won the war

Iran’s ‘garbage’ peace offering is proof it thinks it has won the war

Iran’s ‘garbage’ peace offering is proof it thinks it has won the war
Economy|Political|World

Trump says Iran ceasefire is on 'life support' and proposes gas tax pause as strait stays closed

U.S. President Donald Trump says the Iran ceasefire is on “life support” after he rejected Tehran’s latest proposal to end the war

Trump says Iran ceasefire is on 'life support' and proposes gas tax pause as strait stays closed
Business|Economy|Environment|World

Oil prices settle higher after Trump says Iran ceasefire "on life support"

Oil prices settled almost 3% higher on Monday after U.S.

Oil prices settle higher after Trump says Iran ceasefire "on life support"
Business|Economy|Finance|World

Stocks edge up ahead of US-China meeting; oil rallies on US-Iran stalemate

U.S. equity indexes inched ahead to record closing highs while the dollar edged higher on Monday, as investors awaited a meeting

Stocks edge up ahead of US-China meeting; oil rallies on US-Iran stalemate
MidEast|Political|World

Turkey's foreign minister to visit Qatar for talks on Iran war

Turkish Foreign Minister Hakan Fidan will visit Qatar on Tuesday for talks on the Iran war, its impact on the Gulf and efforts to ensure navigational safety in the Strait of

Turkey's foreign minister to visit Qatar for talks on Iran war
Asia|Crime|MidEast|Political|World

South Korea condemns attack on cargo ship in Strait of Hormuz, vows response

South Korea's presidential Blue House on Monday condemned in the strongest terms an attack against a cargo ship operated by a Korean shipper this month in

South Korea condemns attack on cargo ship in Strait of Hormuz, vows response
Business|Economy|Environment|Finance|MidEast|Stock Markets|World

Saudi oil giant Aramco sees 25% jump in Q1 profit after shifting exports from Strait of Hormuz

Aramco, the world’s largest oil company, reported a 25% jump in first-quarter profits amid tight global oil supplies

Saudi oil giant Aramco sees 25% jump in Q1 profit after shifting exports from Strait of Hormuz
Business|Economy|Political|World

Trump calls Iran's response to US peace proposal 'unacceptable'

President Donald Trump on Sunday rejected Iran's response to a U.S. proposal for peace talks, dashing hopes for

Trump calls Iran's response to US peace proposal 'unacceptable'
Business|Political|World

Iran sends its response to US proposal aimed at ending the war, IRNA says

Iran has sent its response to a U.S. proposal aimed at ending the more than two-month war to mediator, Pakistan, Iran's IRNA news agency said on Sunday.

Iran sends its response to US proposal aimed at ending the war, IRNA says
World

Iran warns the US against attacks on its oil tankers and other ships but ceasefire appears to hold

Iran's Revolutionary Guard navy has warned of a “heavy assault” on one of the U.S. bases in the region if Iranian oil tankers or commercial vessels are attacked

Iran warns the US against attacks on its oil tankers and other ships but ceasefire appears to hold
Business|Europe|MidEast|Political|World

UK deploys warship to Middle East with eye on potential Hormuz mission

Britain said on Saturday it was deploying its warship HMS Dragon to the Middle East in preparation for a potential multinational effort to protect shipping in the Strait of

UK deploys warship to Middle East with eye on potential Hormuz mission
Economy|Political|US|World

US revises UN resolution on Iran but China, Russia still expected to veto

Washington has revised its proposed U.N. resolution demanding Iran halt attacks and mining in the Strait of Hormuz but the changes are unlikely to avert Chinese and Russian vetoes,

US revises UN resolution on Iran but China, Russia still expected to veto
Economy|Political|World

Tehran could withstand blockade for four months, CIA report shows, as fighting flares

Efforts to end the war between the U.S. and Iran appeared to stall as the two sides traded fire in the Gulf on Friday,

Tehran could withstand blockade for four months, CIA report shows, as fighting flares
Political|US|World

US military strikes sites in Iran as countries exchange fire

US military strikes sites in Iran as countries exchange fire

US military strikes sites in Iran as countries exchange fire
Business|Economy|Technology|World

Iran’s ‘mosquito fleet’ means its battered navy still has bite

Iran’s ‘mosquito fleet’ means its battered navy still has bite

Iran’s ‘mosquito fleet’ means its battered navy still has bite
Asia|Business|Crime|MidEast|World

South Korea begins probe into ship fire in Strait of Hormuz amid Iran dispute

South Korea's Oceans Ministry said on Friday that government investigators had started examining the cause of an explosion and fire aboard a Korean-operated vessel amid

South Korea begins probe into ship fire in Strait of Hormuz amid Iran dispute
Business|Economy|Environment|Political|World

ASEAN summit ends with only a push to fast-track oil share pact

Southeast Asian leaders were united on Friday in calling for a regional fuel-sharing framework to be ratified quickly, as their summit ended

ASEAN summit ends with only a push to fast-track oil share pact
Business|Economy|MidEast|Political|World

US and Iran exchange fire, but Trump says ceasefire still in effect

The United States and Iran exchanged fire on Thursday in the most serious test yet of their month-long ceasefire, but

US and Iran exchange fire, but Trump says ceasefire still in effect
Business|Economy|Political|World

US military says it intercepted Iranian attacks on 3 Navy ships in Strait of Hormuz

The U_S_ military says that it intercepted Iranian attacks on three U_S_ Navy ships as they transited the Strait of Hormuz and “targeted Iranian military facilities responsible for attacking U_S_ forces.”

US military says it intercepted Iranian attacks on 3 Navy ships in Strait of Hormuz
Political|US|World

US military says it carries out retaliatory strikes against Iran

The U.S. military said it carried out retaliatory strikes on Iran on Thursday, targeting sites it said were responsible for attacking U.S.

US military says it carries out retaliatory strikes against Iran
Crime|MidEast|Political|World

Trump says 'great damage' done to Iranian attackers after US Navy destroyers came under fire

President Donald Trump said on Thursday three U.S.

Trump says 'great damage' done to Iranian attackers after US Navy destroyers came under fire
Economy|MidEast|Political|US|World

The Latest: US military says it intercepted Iranian attacks on 3 Navy ships in Strait of Hormuz

The U_S_ military says it intercepted Iranian attacks on three Navy ships in the Strait of Hormuz and “targeted Iranian military facilities responsible for attacking U_S_ forces."

The Latest: US military says it intercepted Iranian attacks on 3 Navy ships in Strait of Hormuz
Business|Economy|Political|World

US-proposed Iran resolution at UN faces likely vetoes from China, Russia

The U.S. on Thursday urged countries to support its United Nations resolution demanding Iran halt attacks and mining of the Strait of Hormuz, but diplomats said China and Russia are

US-proposed Iran resolution at UN faces likely vetoes from China, Russia
Asia|Business|Economy|Finance|MidEast|Political|Stock Markets|US|World

Oil prices settle 1% lower in volatile trading after US mulls resuming Strait of Hormuz military escorts

Oil prices swung between gains and losses in volatile trading on Thursday, ultimately settling lower after a report said Saudi Arabia and Kuwait lifted

Oil prices settle 1% lower in volatile trading after US mulls resuming Strait of Hormuz military escorts
Arts

Iran imposes new rules for Strait of Hormuz in bid to secure wartime gains

Iran imposes new rules for Strait of Hormuz in bid to secure wartime gains

Iran imposes new rules for Strait of Hormuz in bid to secure wartime gains
Business|Economy|Finance|MidEast|Political|World

These numbers show the global impact of Iran's grip on the Strait of Hormuz

Iran’s grip on the Strait of Hormuz has jolted the world economy

These numbers show the global impact of Iran's grip on the Strait of Hormuz
Business|Economy|Environment|World

Hungry to sell, UAE slips hidden oil tankers through Strait of Hormuz

With their location trackers shut off to avoid Iranian attacks, the United Arab Emirates and buyers have recently sailed several

Hungry to sell, UAE slips hidden oil tankers through Strait of Hormuz
Business|Economy|Environment|Finance|Stock Markets|World

Hopes for reopening the Strait of Hormuz push Asian shares higher, as oil prices hold above $100

Asian shares are sharply higher, with Tokyo's Nikkei 225 up 6%

Hopes for reopening the Strait of Hormuz push Asian shares higher, as oil prices hold above $100
Business|Economy|Political|World

U.S. President Trump's renewed trade war with China

U.S. President Donald Trump is set to meet Chinese President Xi Jinping in May on his first visit to China in eight years.

U.S. President Trump's renewed trade war with China
Economy|MidEast|Political|World

Trump administration sows confusion as it tries to reopen Strait of Hormuz

In 24 hours, the Trump administration’s stance on the Iran war has pinballed from declarations that a tenuous ceasefire was holding and military operations were over to new threats of bombing the Islamic Republic

Trump administration sows confusion as it tries to reopen Strait of Hormuz
Economy|Finance|Stock Markets|World

Oil prices slide on reports US and Iran are nearing peace agreement

Oil prices fell sharply to two-week lows on Wednesday as optimism grew about a possible end to the war in the Middle East, with reports the United States and

Oil prices slide on reports US and Iran are nearing peace agreement
Business|Economy|Political|World

What will it take to free the 1,600 ships stuck in the Strait of Hormuz?

What will it take to free the 1,600 ships stuck in the Strait of Hormuz?

What will it take to free the 1,600 ships stuck in the Strait of Hormuz?
Arts

The Latest: US military fires on Iranian-flagged oil tanker as Trump presses for deal to end war

A U.S. fighter jet on Wednesday fired on an Iranian oil tanker in the Gulf of Oman as it tried to breach the U.S. blockade of Iran’s ports, the U.S. military said

The Latest: US military fires on Iranian-flagged oil tanker as Trump presses for deal to end war
Business|Economy|World

Shipping firms are being whipsawed by changing stances and risks as they wait for Hormuz to reopen

With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by uncertainty over how and when the Strait of Hormuz might reopen more than two months into the Iran war

Shipping firms are being whipsawed by changing stances and risks as they wait for Hormuz to reopen
Business|Economy|World

Gulf's fragile trade lifeline hangs on two eastern UAE ports

At the UAE port of Fujairah, conveyor belts offloaded grain from bulk carriers on Wednesday, while crude oil flowed

Gulf's fragile trade lifeline hangs on two eastern UAE ports
Europe|MidEast|Political|World

Macron says he discussed Hormuz situation with Iran's president

French President Emmanuel Macron said on Wednesday that he had held further talks with Iranian President Masoud Pezeshkian, during which Macron had reaffirmed the importance

Macron says he discussed Hormuz situation with Iran's president
Economy|Europe|MidEast|Political|World

France moves aircraft carrier to Red Sea with eye on Hormuz mission

France on Wednesday deployed its carrier strike group to the Red Sea as part of planning for a potential mission to secure the Strait of

France moves aircraft carrier to Red Sea with eye on Hormuz mission
Business|Economy|Finance|World

Why gasoline costs 52% more in the US than it did before the Iran war

The price of a gallon of regular gasoline in the U.S. has climbed 31 cents in the past week and is now 52% higher than before the Iran war began

Why gasoline costs 52% more in the US than it did before the Iran war
Business|Economy|Environment|Finance|Stock Markets|US|World

US says airline jet fuel costs jumped $1.8 billion or 56% in March

Major U.S. passenger airlines spent just over $5 billion on jet fuel in March, up $1.8 billion or 56% from what they spent in February, the U.S.

US says airline jet fuel costs jumped $1.8 billion or 56% in March
Business|World

One CMA CGM vessel hit in Strait of Hormuz, another exits Gulf

A CMA CGM container ship was attacked while transiting the Strait of Hormuz, injuring crew members and damaging the vessel, while another vessel run by the French group exited

One CMA CGM vessel hit in Strait of Hormuz, another exits Gulf
Asia|Economy|MidEast|Political|World

China is stepping up its Iran war diplomacy ahead of Trump's summit with Xi

China’s diplomatic role in the Iran war has come into sharper focus after talks between Chinese and Iranian foreign ministers on Wednesday, days before U.S. President Donald Trump is expected to meet his Chinese counterpart Xi Jinping

China is stepping up its Iran war diplomacy ahead of Trump's summit with Xi
Asia|Business|Economy|Political|World

Iran foreign minister meets Chinese counterpart a week before Trump's Beijing trip

Iranian Foreign Minister Abbas Araqchi met China's top diplomat in Beijing on Wednesday, underscoring close ties between the two countries

Iran foreign minister meets Chinese counterpart a week before Trump's Beijing trip
Business|Economy|Finance|Political|Stock Markets|US|World

US and Iran closing in on one-page memo to end war, Axios reports

The White House believes it is getting close to an agreement with Iran on a one-page memorandum of understanding to end the war and set a framework for more detailed nuclear

US and Iran closing in on one-page memo to end war, Axios reports