Trump floats a new plan to reopen the Strait of Hormuz; US would continue its blockade on Iranian ports, while coordinating with allies to impose higher costs on Iran’s attempts to subvert the free flow of energy, according to AP citing official

This development signals a potential escalation in tensions surrounding the Strait of Hormuz, a critical shipping route for global oil supply.

Newsquawk StaffPublished 30 Apr 2026, 14:22 UTCOn the live feed at 14:02 UTC — 6 more headlines followed before this page went public

Newsquawk headlinesUTC

14:08

US EQUITY OPEN: META & MSFT weakness weighs on Tech as latest Mag-7 AAPL report M

14:06

Within a day, two huge ships docked in Israel and a number of cargo planes landed, containing military equipment for the IDF, N12's Nitzan Shapira reports

14:02

Trump floats a new plan to reopen the Strait of Hormuz; US would continue its blockade on Iranian ports, while coordinating with allies to impose higher costs on Iran’s attempts to subvert the free flow of energy, according to AP citing official

14:00

Newsquawk European Market Wrap - 30th April 2026

13:58

[MARKET ANALYSIS] BoE Review: 2026 tightening increasingly likely, questions remain over the timing and magnitude

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.

Try the platform free

Free. No signup, no card.

"Trump is weighing multiple diplomatic and policy options to push Iran to end its chokehold on the waterway, said the official, who spoke on condition of anonymity because they were not authorized to comment publicly."

Context

Trump's proposed plan to intensify pressure on Iran through blockades and international coordination could lead to higher energy prices and volatility in commodity markets, while also impacting broader currency dynamics, particularly for oil-sensitive currencies. Traders should watch for market reactions in crude oil and safe-haven assets as the geopolitical landscape evolves.

FX · last 90 days

Recent headlines that moved markets

FX/28 Aug · 14:00 UTC

Fed Chair Warsh says Fed has more work to do unless confident underlying inflation is moving towards 2% objective

DXY, after we published+0.5%

DXY saw two-way action, before then moving to a high. - Immediately after the release, Fed market pricing moved to price in a 50% chance of a hike in September vs 36% pre-release.

FX/7 Sept · 06:00 UTC

Swedish CPIF Prel (Aug YY) 0.7% vs. Exp. 0.8% (Prev. 0.7%).

With EUR/SEK, after we published+0.3%

FX/4 Sept · 12:39 UTC

Airbus (AIR FP) reportedly reaches a pre-agreement with Spanish unions, Democrata reports.

Market, after we published+1.4%

FX/4 Sept · 12:30 UTC

US Non Farm Payrolls (Aug) 162K vs. Exp. 56K (Prev. 21K); 2-month net revision +55k; Birth-Death 154K.

- DXY, after we published−2.4%

FX/4 Sept · 12:30 UTC

US Non Farm Payrolls (Aug) 162K vs. Exp. 56K (Prev. 21K); 2-month net revision +55k; Birth-Death 154K.

- DXY, after we published+0.4%

FX/4 Sept · 08:30 UTC

BoE DMP (Aug): 1-year CPI expectation 3.1% (prev. 3.4%), 3-year CPI expectation 2.8% (prev. 2.8%).

Market, after we published+0.3%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.