US President Trump says US will keep blockade of Strait of Hormuz in place until deal with Iran is finalised, Reuters reports

President Trump's commitment to maintaining the blockade of the Strait of Hormuz underscores heightened geopolitical tensions with Iran, which could have significant implications for oil prices and broader market sentiment.

Newsquawk StaffPublished On the live feed at 5 more headlines followed before this page went public
Newsquawk headlinesUTC

US President Trump says US will not release frozen Iran funds, most main points are finalized in talks toward deal; Iran agreed unlimited suspension of the nuclear programme

Israeli Military source says Lebanese civilians are not yet permitted to return to Southern Lebanon; military prepared to defend Israeli communities from forward defense positions within Lebanon

US President Trump says US will keep blockade of Strait of Hormuz in place until deal with Iran is finalised, Reuters reports

TUI Cruises Unit Mein Schiff says currently preparing departure of two cruise ships from Abu Dhabi and Doha; cruise ships departures will take place in light of security situation; planning to move vessels out of region

Spanish Energy Watchdog probes Iberdrola (IBD SM), Endesa (ELE SM), Red Electrica (REDE SM), Naturgy (NTGY SM) and Repsol (REP SM) over historic Iberian blackout

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.

Free. No signup, no card.
  • We are working with Iran to get the mines out of the Strait.
  • No money will be exchanging hands as part of a potential deal with Iran.
  • US will work with Iran to recover its enriched uranium and will bring it back to the US.
  • Probably be more talks this weekend about an Iran deal.
  • Once a deal is reached he might go to Islamabad but hasn't made final decision.
  • Oil price shock will dominate the productivity effect on inflation
Context

The potential for an oil supply disruption, coupled with ongoing negotiations, may create uncertainty for energy markets, putting upward pressure on both crude prices and market volatility. Traders should keep an eye on reactions in the energy sector and impacts on currencies linked to commodity prices.

Related headlines

The whole workspace, free to try.

Try it free