Iran says no ships for hostile nations crossed the Strait of Hormuz, according to TASS
This announcement from Iran could indicate a temporary easing of tensions in the Strait of Hormuz, which is crucial for global oil transportation.
Newsquawk Daily Asia-Pac Opening News - 31st March 2026
UKMTO says it received a report of an incident at 31 nautical miles northwest of UAE's Dubai, whereby a security officer reported unknown projectile had struck a tanker causing a fire to the vessel, although all crew are accounted for and are safe
Iran says no ships for hostile nations crossed the Strait of Hormuz, according to TASS
Israeli PM Netanyahu says Iran's enriched uranium is Trump's focus right now and US is leading military options to open Strait of Hormuz
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If confirmed, it may lead to a stabilizing effect on oil prices, particularly WTI, as reduced threats to shipping routes could alleviate supply concerns in the short term.
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