U.S. World Business Lifestyle
Today: May 29, 2026
Today: May 29, 2026

Strait of Hormuz

Business|Economy|Environment|MidEast|Political|World

US Secretary of State Rubio sees progress in Iran talks, more work to be done

The United States has seen some progress towards a deal with Iran but more work is required, Secretary of State Marco

US Secretary of State Rubio sees progress in Iran talks, more work to be done
Business|Economy|Environment|World

Iran's intensified closure of Strait of Hormuz piles misery on stranded sailors

Iran's publication of a new map asserting its control over the Strait of Hormuz risks extending an already punishing ordeal for thousands of

Iran's intensified closure of Strait of Hormuz piles misery on stranded sailors
Business|Economy|World

Oil prices settle higher on slow progress in US-Iran peace talks

Oil prices climbed on Friday, as investors worried that the U.S. and Iran would be unable to reach a peace agreement that would allow shipping traffic to

Oil prices settle higher on slow progress in US-Iran peace talks
Business|Economy|Finance|Stock Markets|World

European shares end at more than one-month high on tech boost

European shares finished at their highest in over a month on Friday, led by technology stocks as risk sentiment got a lift on expectations

European shares end at more than one-month high on tech boost
Economy|Europe|MidEast|Political|World

France readies UN resolution on Hormuz as vote on US text stalls

France has drafted a U.N.

France readies UN resolution on Hormuz as vote on US text stalls
MidEast|Political|US|World

Rubio cites some progress on Iran talks but "we're not there yet"

The United States has seen some progress in talks with Iran and is in constant communication with the Pakistani mediators, but there is more work to be done,

Rubio cites some progress on Iran talks but "we're not there yet"
Business|Economy|Finance|Political|World

UAE's Gargash sees '50-50' odds of US-Iran deal, warns against renewed fighting

There is a "50-50 chance" of a U.S.-Iran peace agreement, the United Arab Emirates' presidential advisor said on Friday, but stressed that

UAE's Gargash sees '50-50' odds of US-Iran deal, warns against renewed fighting
Europe|Finance|Political|US|World

NATO alliance has to be good for all involved, Rubio says

NATO has to be good for all those involved, U.S.

NATO alliance has to be good for all involved, Rubio says
Business|Economy|Environment|Finance|Stock Markets|World

Barclays keeps $100 Brent oil forecast for 2026 but risks skew higher

Barclays is maintaining its 2026 average Brent crude oil price forecast at $100 a barrel though risks are skewing higher, the bank said in a note on Friday.

Barclays keeps $100 Brent oil forecast for 2026 but risks skew higher
Business|Economy|Environment|Science|World

China oil import cut, higher US exports wrongfoot market bulls

As prices for physical crude oil hit all-time highs of over $160 per barrel last month, analysts and traders alike rushed

China oil import cut, higher US exports wrongfoot market bulls
Business|Economy|Finance|Political|Stock Markets|US|World

US and Iran still at odds on key issues, but both sides report signs of progress

The U.S. and Iran stuck to opposing stances on Thursday over Tehran's uranium stockpile and controls on the Strait of Hormuz,

US and Iran still at odds on key issues, but both sides report signs of progress
Business|Economy|Technology|World

Oil falls, stocks climb as investors hope for progress in Iran war talks

Oil prices fell and stocks rose on Thursday as investors were optimistic about possible progress in peace talks over

Oil falls, stocks climb as investors hope for progress in Iran war talks
Economy|Political|World

Iran propaganda push seeks to project unity despite internal divisions

Iran's leaders are splashing propaganda posters across Tehran boasting of national unity and victory over a global superpower, just months

Iran propaganda push seeks to project unity despite internal divisions
Business|Economy|World

Chinese container ship among few vessels crossing Hormuz amid deadlock to open waterway

A Chinese-operated container ship was among the few to cross the Strait of Hormuz in the past 24 hours, data showed on Thursday, as uncertainty grows around reopening the

Chinese container ship among few vessels crossing Hormuz amid deadlock to open waterway
Business|Economy|Environment|Political|World

Oil prices close 2% lower on uncertain prospects for US-Iran deal

Oil prices were volatile on Thursday, ultimately settling about 2% lower as uncertainty over prospects for resolving the U.S.-Israeli

Oil prices close 2% lower on uncertain prospects for US-Iran deal
Business|Economy|MidEast|Political|World

This hard-line Iranian general is a major player in talks with US over war

A hard-line Iranian general linked to notorious attacks at home and abroad is believed to have seized a place near the center of power as negotiations with the United States hang in the balance

This hard-line Iranian general is a major player in talks with US over war
Business|Economy|Environment|Political|World

Trump says willing to wait for a few days to get 'right answer' on Iran peace deal

U.S.

Trump says willing to wait for a few days to get 'right answer' on Iran peace deal
Business|Economy|Finance|Stock Markets|World

Bond yields, oil fall amid hopes for Iran deal; stocks end up with chip shares 

U.S.

Bond yields, oil fall amid hopes for Iran deal; stocks end up with chip shares 
Business|Economy|Political|World

Iran seeking mechanism with Oman over Hormuz, foreign ministry spokesperson says

Iran is seeking to establish a mechanism with Oman to ensure sustainable security in the Strait of Hormuz, Iranian foreign ministry spokesperson Esmaeil Baghaei told state TV

Iran seeking mechanism with Oman over Hormuz, foreign ministry spokesperson says
Business|Crime|Economy|Political|World

In Iran's capital, weapons demonstrations send a signal at home and abroad as threat of war remains

Weapons are now regularly brandished in Tehran in an increasing show of defiance

In Iran's capital, weapons demonstrations send a signal at home and abroad as threat of war remains
Business|Economy|Environment|World

Hormuz closure could trigger 'agrifood shock', price crisis within a year, FAO warns

The closure of the Strait of Hormuz is the beginning of a "systemic agrifood shock" that could trigger a severe global food price crisis within six to 12 months, the United

Hormuz closure could trigger 'agrifood shock', price crisis within a year, FAO warns
Business|Economy|Finance|MidEast|Stock Markets|World

UN lowers forecast for global economic growth in 2026 over Mideast energy crisis

The United Nations has lowered its forecast for global economic growth and raised the prospects for inflation in response to Middle East crises and rising oil prices

UN lowers forecast for global economic growth in 2026 over Mideast energy crisis
Business|Economy|Finance|Stock Markets|World

US stocks fall further from their records after bond markets crank up the pressure

The U.S. stock market gave back more of its record-setting rally

US stocks fall further from their records after bond markets crank up the pressure
Asia|Business|Economy|Finance|Political|Stock Markets|World

Oil prices keep swinging, and so do stocks worldwide

Oil prices and stock markets worldwide swung with uncertainty about what will happen with the Iran war

Oil prices keep swinging, and so do stocks worldwide
Business|Environment|Technology|Travel|World

Why do ships under attack call this tiny office?

Vessels in trouble in the Strait of Hormuz call this small office in an English coastal city and the 18-person team then problem solves from thousands of miles away.

Why do ships under attack call this tiny office?
MidEast|Political|World

‘Won’t be anything left’: Trump issues warning to Iran after national security team meeting

‘Won’t be anything left’: Trump issues warning to Iran after national security team meeting

‘Won’t be anything left’: Trump issues warning to Iran after national security team meeting
Business|Europe|World

This tiny center in a UK seaside town is the first place vessels under attack in the Persian Gulf call

This tiny center in a UK seaside town is the first place vessels under attack in the Persian Gulf call

This tiny center in a UK seaside town is the first place vessels under attack in the Persian Gulf call
Business|Economy|US|World

Trump returns from China with no Iran breakthrough — and a decision to make

Trump returns from China with no Iran breakthrough — and a decision to make

Trump returns from China with no Iran breakthrough — and a decision to make
Economy|Environment|Health|World

‘This is far worse’: When conflict 2,000 miles away compounds civil war at home

‘This is far worse’: When conflict 2,000 miles away compounds civil war at home

‘This is far worse’: When conflict 2,000 miles away compounds civil war at home
Business|Economy|Environment|Political|World

Iran's top diplomat says a lack of trust is impeding talks to end war with the US

Iran’s foreign minister says that a lack of trust remains the biggest obstacle in negotiations to end the war with the U.S. Iranian Foreign Minister Abbas Araghchi said contradictory messages from the U.S. have made Iran reluctant about its intentions in the stalled ceasefire negotiations

Iran's top diplomat says a lack of trust is impeding talks to end war with the US
Business|Crime|Economy|World

Somali piracy on the rise as Iran war forces ships into high-risk detours

Somali piracy on the rise as Iran war forces ships into high-risk detours

Somali piracy on the rise as Iran war forces ships into high-risk detours
Crime|MidEast|Political|World

Tensions flare near Strait of Hormuz as a ship is seized and another is sunk

Tensions are escalating again near the Strait of Hormuz after a ship anchored off the United Arab Emirates was seized and taken toward Iran and another was attacked and sank near the coast of Oman

Tensions flare near Strait of Hormuz as a ship is seized and another is sunk
Business|Economy|Environment|Political|US|World

Trump says he is losing patience with Iran after talks with China's Xi

U.S.

Trump says he is losing patience with Iran after talks with China's Xi
Business|Economy|Education|World

New Mexico politicians grapple with oil windfall from Iran war that's both 'awesome' and awkward

A global oil bottleneck in the Strait of Hormuz has created a financial windfall on the other side of the world in New Mexico that is both enviable and politically sensitive in a Democratic-dominated state

New Mexico politicians grapple with oil windfall from Iran war that's both 'awesome' and awkward
Business|Environment|Political|World

Iran allowing transit of Chinese vessels in Strait of Hormuz, Fars news reports

Iran has begun allowing some Chinese vessels to transit through the Strait of Hormuz following an understanding over Iranian management protocols for the waterway, the semi-

Iran allowing transit of Chinese vessels in Strait of Hormuz, Fars news reports
Business|Economy|Environment|Political|World

Iran urges BRICS nations to condemn war, Indian-flagged vessel sunk

Iran’s foreign minister urged BRICS nations on Thursday to condemn what he called violations of international law by the United States

Iran urges BRICS nations to condemn war, Indian-flagged vessel sunk
Business|Economy|World

India says safe, unimpeded maritime flows vital for global economic well-being

Indian Foreign Minister Subrahmanyam Jaishankar said on Thursday that "safe, unimpeded maritime flows" through international waters, including the Strait of Hormuz and

India says safe, unimpeded maritime flows vital for global economic well-being
Asia|Business|World

South Korea official says unlikely anyone but Iran behind Hormuz ship attack, Yonhap reports

The possibility that an entity other than Iran was responsible for the attack against a South Korean cargo vessel near the Strait of Hormuz is low, a senior official in Seoul

South Korea official says unlikely anyone but Iran behind Hormuz ship attack, Yonhap reports
Economy|Finance|Political|US|World

Iran war looms over Trump's China visit, shifts alliances

The U.S.-Israeli war with Iran loomed over U.S.

Iran war looms over Trump's China visit, shifts alliances
Business|Economy|Environment|World

UAE-owned tanker leaks some fuel off Oman following Iranian strike

A unit of state-owned Abu Dhabi National Oil Company said on Wednesday that one of its tankers struck by Iranian drones last week has leaked a small amount of fuel off the

UAE-owned tanker leaks some fuel off Oman following Iranian strike
Asia|Crime|MidEast|Political|World

South Korea weighs phased Hormuz role after US talks, minister says

South Korea is reviewing a phased contribution to efforts to ensure safe navigation through the Strait of Hormuz, Defense Minister Ahn Gyu-back said on

South Korea weighs phased Hormuz role after US talks, minister says
Asia|Political|World

South Korea weighs phased Hormuz role after US talks, minister says

South Korea is reviewing a phased contribution to efforts to ensure safe navigation through the Strait of Hormuz, Defense Minister Ahn Gyu-back said on

South Korea weighs phased Hormuz role after US talks, minister says
Business|Economy|Environment|Political|World

Iraq, Pakistan strike energy deals with Iran as Tehran flexes Hormuz control

Both Iraq and Pakistan have cut deals with Iran to ship oil and liquefied natural gas from the Gulf, according to five sources with

Iraq, Pakistan strike energy deals with Iran as Tehran flexes Hormuz control
Economy|Environment|MidEast|Political|World

China and US agree on opposing Hormuz tolls, State Department says

Senior U.S. and Chinese officials agree that no country can be allowed to exact shipping tolls in the Strait of Hormuz, the State Department told

China and US agree on opposing Hormuz tolls, State Department says
Business|Economy|Environment|Political|World

Trump downplays differences with China's Xi over Iran as he heads to Beijing for high-stakes summit

President Donald Trump is downplaying differences with President Xi Jinping over the U.S. conflict in Iran as he heads to Beijing for a high-stakes summit with the Chinese leader

Trump downplays differences with China's Xi over Iran as he heads to Beijing for high-stakes summit
Economy|Finance|MidEast|Political|US|World

Hegseth gets bipartisan grilling on rising costs of the Iran war and Trump's end game

Defense Secretary Pete Hegseth has faced tough questions from Republican and Democratic lawmakers about the Trump administration’s end game for the Iran war, the rising cost of the conflict and its impact on diminishing U.S. weapons stockpiles

Hegseth gets bipartisan grilling on rising costs of the Iran war and Trump's end game
Economy|Europe|MidEast|Political|World

UK to send drones, jets and warship to join defensive mission securing Strait of Hormuz

Britain said on Tuesday it would contribute autonomous mine-hunting equipment, Typhoon fighter jets and the warship HMS Dragon to a multinational defensive mission aimed at

UK to send drones, jets and warship to join defensive mission securing Strait of Hormuz
Business|Economy|Finance|Stock Markets|World

Stocks fall, oil rallies as Middle East peace hopes fade

Wall Street's main equity indexes dipped on Tuesday and the dollar rose as U.S. inflation climbed and oil gained for a third

Stocks fall, oil rallies as Middle East peace hopes fade
Business|Economy|Political|World

Iran now defines Strait of Hormuz as far larger zone, IRGC officer says

Iran has expanded its definition of the Strait of Hormuz into a "vast operational area" far wider than before the Iran war, according to a senior officer in the Islamic

Iran now defines Strait of Hormuz as far larger zone, IRGC officer says
Economy|Political|World

US top diplomat discusses Iran, Strait of Hormuz with UK and Australia

U.S.

US top diplomat discusses Iran, Strait of Hormuz with UK and Australia
Business|Economy|Environment|Finance|Political|Stock Markets|US|World

Trump wants to lift the federal tax on gas. But don’t expect much relief even if it happens

Trump wants to lift the federal tax on gas. But don’t expect much relief even if it happens

Trump wants to lift the federal tax on gas. But don’t expect much relief even if it happens
Economy|Political|World

Trump says Iran ceasefire is 'on life support' as hopes for a deal fade

U.S.

Trump says Iran ceasefire is 'on life support' as hopes for a deal fade
Economy|Finance|Political|Stock Markets|US|World

The Latest: Trump rejects Iran’s latest response to ceasefire proposal ahead of his trip to China

Iran and the United States have reached an impasse again over how to end their war while their ceasefire grew increasingly shaky

The Latest: Trump rejects Iran’s latest response to ceasefire proposal ahead of his trip to China
Economy|Finance|Political|US|World

Iran’s ‘garbage’ peace offering is proof it thinks it has won the war

Iran’s ‘garbage’ peace offering is proof it thinks it has won the war

Iran’s ‘garbage’ peace offering is proof it thinks it has won the war
Economy|Political|World

Trump says Iran ceasefire is on 'life support' and proposes gas tax pause as strait stays closed

U.S. President Donald Trump says the Iran ceasefire is on “life support” after he rejected Tehran’s latest proposal to end the war

Trump says Iran ceasefire is on 'life support' and proposes gas tax pause as strait stays closed
Business|Economy|Environment|World

Oil prices settle higher after Trump says Iran ceasefire "on life support"

Oil prices settled almost 3% higher on Monday after U.S.

Oil prices settle higher after Trump says Iran ceasefire "on life support"
Business|Economy|Finance|World

Stocks edge up ahead of US-China meeting; oil rallies on US-Iran stalemate

U.S. equity indexes inched ahead to record closing highs while the dollar edged higher on Monday, as investors awaited a meeting

Stocks edge up ahead of US-China meeting; oil rallies on US-Iran stalemate
MidEast|Political|World

Turkey's foreign minister to visit Qatar for talks on Iran war

Turkish Foreign Minister Hakan Fidan will visit Qatar on Tuesday for talks on the Iran war, its impact on the Gulf and efforts to ensure navigational safety in the Strait of

Turkey's foreign minister to visit Qatar for talks on Iran war
Asia|Crime|MidEast|Political|World

South Korea condemns attack on cargo ship in Strait of Hormuz, vows response

South Korea's presidential Blue House on Monday condemned in the strongest terms an attack against a cargo ship operated by a Korean shipper this month in

South Korea condemns attack on cargo ship in Strait of Hormuz, vows response
Business|Economy|Environment|Finance|MidEast|Stock Markets|World

Saudi oil giant Aramco sees 25% jump in Q1 profit after shifting exports from Strait of Hormuz

Aramco, the world’s largest oil company, reported a 25% jump in first-quarter profits amid tight global oil supplies

Saudi oil giant Aramco sees 25% jump in Q1 profit after shifting exports from Strait of Hormuz
Business|Economy|Political|World

Trump calls Iran's response to US peace proposal 'unacceptable'

President Donald Trump on Sunday rejected Iran's response to a U.S. proposal for peace talks, dashing hopes for

Trump calls Iran's response to US peace proposal 'unacceptable'
Business|Political|World

Iran sends its response to US proposal aimed at ending the war, IRNA says

Iran has sent its response to a U.S. proposal aimed at ending the more than two-month war to mediator, Pakistan, Iran's IRNA news agency said on Sunday.

Iran sends its response to US proposal aimed at ending the war, IRNA says
World

Iran warns the US against attacks on its oil tankers and other ships but ceasefire appears to hold

Iran's Revolutionary Guard navy has warned of a “heavy assault” on one of the U.S. bases in the region if Iranian oil tankers or commercial vessels are attacked

Iran warns the US against attacks on its oil tankers and other ships but ceasefire appears to hold
Business|Europe|MidEast|Political|World

UK deploys warship to Middle East with eye on potential Hormuz mission

Britain said on Saturday it was deploying its warship HMS Dragon to the Middle East in preparation for a potential multinational effort to protect shipping in the Strait of

UK deploys warship to Middle East with eye on potential Hormuz mission
Economy|Political|US|World

US revises UN resolution on Iran but China, Russia still expected to veto

Washington has revised its proposed U.N. resolution demanding Iran halt attacks and mining in the Strait of Hormuz but the changes are unlikely to avert Chinese and Russian vetoes,

US revises UN resolution on Iran but China, Russia still expected to veto
Economy|Political|World

Tehran could withstand blockade for four months, CIA report shows, as fighting flares

Efforts to end the war between the U.S. and Iran appeared to stall as the two sides traded fire in the Gulf on Friday,

Tehran could withstand blockade for four months, CIA report shows, as fighting flares
Political|US|World

US military strikes sites in Iran as countries exchange fire

US military strikes sites in Iran as countries exchange fire

US military strikes sites in Iran as countries exchange fire
Business|Economy|Technology|World

Iran’s ‘mosquito fleet’ means its battered navy still has bite

Iran’s ‘mosquito fleet’ means its battered navy still has bite

Iran’s ‘mosquito fleet’ means its battered navy still has bite
Asia|Business|Crime|MidEast|World

South Korea begins probe into ship fire in Strait of Hormuz amid Iran dispute

South Korea's Oceans Ministry said on Friday that government investigators had started examining the cause of an explosion and fire aboard a Korean-operated vessel amid

South Korea begins probe into ship fire in Strait of Hormuz amid Iran dispute
Business|Economy|Environment|Political|World

ASEAN summit ends with only a push to fast-track oil share pact

Southeast Asian leaders were united on Friday in calling for a regional fuel-sharing framework to be ratified quickly, as their summit ended

ASEAN summit ends with only a push to fast-track oil share pact
Business|Economy|MidEast|Political|World

US and Iran exchange fire, but Trump says ceasefire still in effect

The United States and Iran exchanged fire on Thursday in the most serious test yet of their month-long ceasefire, but

US and Iran exchange fire, but Trump says ceasefire still in effect
Business|Economy|Political|World

US military says it intercepted Iranian attacks on 3 Navy ships in Strait of Hormuz

The U_S_ military says that it intercepted Iranian attacks on three U_S_ Navy ships as they transited the Strait of Hormuz and “targeted Iranian military facilities responsible for attacking U_S_ forces.”

US military says it intercepted Iranian attacks on 3 Navy ships in Strait of Hormuz
Political|US|World

US military says it carries out retaliatory strikes against Iran

The U.S. military said it carried out retaliatory strikes on Iran on Thursday, targeting sites it said were responsible for attacking U.S.

US military says it carries out retaliatory strikes against Iran
Crime|MidEast|Political|World

Trump says 'great damage' done to Iranian attackers after US Navy destroyers came under fire

President Donald Trump said on Thursday three U.S.

Trump says 'great damage' done to Iranian attackers after US Navy destroyers came under fire