Oil prices have been rising as shipping through the strait has essentially stalled since late February.

A U.S. blockade is underway, after Vice President JD Vance warned "two can play at that game". Follow Newsweek's live updates

Tehran remains ready to negotiate in good faith, its consul general in Mumbai, Saeid Reza Mosayeb Motlagh, has told RT India...

China experienced a notable deceleration in export growth in March 2026, with figures rising only 2.5% from the previous year. The slowdown...

Relief for global markets comes after Trump says Iranian officials are keen on a deal.

President Donald Trump raised more than a few eyebrows after getting DoorDash delivered to the White House mid-press conference.“Dude I can...

Traders work on the floor of the New York Stock Exchange during morning trading on April 13, 2026 in New York City. Michael M. Santiag...

Peace talks between the US and Iran have stalled over uranium enrichment curbs, with Washington proposing a 20-year freeze and Tehran offeri...

In a move designed to increase pressure on the US to make compromises in its conflict with his country, Iran’s foreign minister, Abbas Ara...

The United States proposed a 20-year “suspension” of all nuclear activity, even as President Trump demands assurances that Iran can never bu...

Tehran said Saudi Arabia, Bahrain, Qatar, the UAE, and Jordan are complicit in “unlawful” US-Israeli attacks...

US President Donald Trump said Monday the American military had begun a blockade of Iranian ports as part of his effort to force Tehran to o...

Vice President Vance said Monday that the “ball is in the Iranian court” regarding the next steps toward reaching an agreement to end hostil...

Oil tankers were steering clear of the strait on Monday.

At least 13 U.S. warships are blocking all tankers going to and from Iranian ports in an effort to choke off Iran's economic lifeline and di...