Strait of Hormuz completely blocked; oil tankers turned back, via Fars News
The blockage of the Strait of Hormuz acts as a significant geopolitical escalation, likely causing immediate concerns over oil supply disruptions.
TREASURY WRAP: T-NOTE FUTURES (M6) SETTLE 12 TICKS HIGHER AT 111-07+
Israel Police says beginning April 9th, holy sites in Jerusalem will reopen to visitors and worshippers
Strait of Hormuz completely blocked; oil tankers turned back, via Fars News
Evidence of UAE airstrikes on at least two locations in Iran after temporary ceasefire, Fars News reports; After the temporary agreement between Iran and US, several attacks have been reported in different parts of Iran
Iran's ports and maritime organisation designates alternative safe routes through the Strait of Hormuz due to the possibility of mines in some parts of the strait, SNN reports
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- Based on data obtained from maritime traffic tracking systems, the AUROURA tanker, which was heading towards the exit of the Strait of Hormuz, suddenly changed course near the coast of Musandam (near Khasab) and made a 180-degree turn, returning to the depths of the Persian Gulf.
This could lead to higher oil prices as traders factor in potential constraints on one of the world’s key maritime transit routes for oil. Watch for market reactions in WTI and related commodities, as well as potential knock-on effects for currencies linked to oil revenues and broader risk sentiment.
Related headlines
- [MARKET UPDATE] Brent front-month crosses back above USD 100/bbl for the first time since July 24th; newsflow light but geopolitical tensions remain high following the recent US-Iran retaliatory strikes49 min ago
- Iranian media notes of controlled explosions scheduled in the south of Isfahan, Iran, until 14:00 local time (11:30 BST)52 min ago
- CPC oil terminal on the Black Sea was reportedly attacked by drones overnight1 hour ago
- Iran's MP says there is a "possibility of re-examining the plan to withdraw from the NPT in the parliament", ILNA reports 1 hour ago
- Newsquawk Daily European Equity Opening News - 9th September 20262 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war4 hours ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates5 hours ago
- [MARKET ANALYSIS] Oil prices are underpinned after US and Iran conducted a fresh round of retaliatory strikes5 hours ago
- IRGC says it attacked two US vessels, eight oil vessels and ten violating ships with the intention of crossing the prohibited and unsafe area of the Strait of Hormuz5 hours ago
- [MARKET UPDATE] Asia-Pac stocks begin mostly higher with the region shrugging off the weak lead from Wall St, where all major indices declined on return from the long weekend amid rising oil prices and ongoing geopolitical escalation8 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging8 hours ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks8 hours ago
- US Central Command says their forces destroyed five Iranian crude oil carriers on Tuesday after the IRGC targeted a US Navy warship with ballistic missiles twice over the past two days9 hours ago
- US Secretary of State Rubio warns every time Iran tries to hit US Navy ships, they will lose tankers9 hours ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs10 hours ago
- Iran launched at least 20 missiles at bases in Jordan with the Al-Salti and Prince Hassan bases targeted, according to SNN10 hours ago
- Iran has launched missiles at targets in response to US strikes, while unofficial sources cited by Tasnim noted that explosions were heard in Jordan following Iranian missile attacks10 hours ago
- IRIB reporter denies reports of an attack on a second Iranian oil tanker in Kharg Island11 hours ago
- US President Trump says directing the GSA, working with the USTR, to take all necessary steps to remove Canadian-origin products from GSA’s Multiple Award Schedules unless Canada restores full and fair reciprocity for American farmers and companies11 hours ago
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 11 hours ago
The whole workspace, free to try.
Try it free