US envoy to the Security Council, says they will submit, with regional countries, a draft resolution requesting Iran to stop planting mines in the Strait of Hormuz, Al Araby reports

The news of a US envoy planning to submit a resolution to curb Iranian mine planting in the Strait of Hormuz suggests potential escalations in regional tensions, which could disrupt oil shipping routes.

Newsquawk StaffPublished 4 May 2026, 18:06 UTCOn the live feed at 17:46 UTC — 5 more headlines followed before this page went public

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17:51

Explosions heard in Abu Dhabi and Jebel Ali port in Dubai, Fars News reports

17:49

Security officials admit that the situation with Iran could deteriorate rapidly, even within a few hours, but the tense situation may persist for additional days and even beyond that, via Israel Hayom

17:46

US envoy to the Security Council, says they will submit, with regional countries, a draft resolution requesting Iran to stop planting mines in the Strait of Hormuz, Al Araby reports

17:41

US President Trump privately raises objection to the Senate housing bill, via Politico

17:39

Iran military source's says if the Emiratis become Israel's playthings and make mistakes, they will learn a lesson that they will never forget, Tasnim reports

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Context

This could put upward pressure on WTI prices, as any threats to supply routes often lead to risk premiums in energy markets. Traders should stay alert to developments and potential reactions in crude oil and related assets.

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