https://www.live-feeds.com/feed/oil-price-rises-after-iran-says-it-stops-ships-in-hormuzContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-price-rises-after-iran-says-it-stops-ships-in-hormuzhttps://www.live-feeds.com/feed/oil-price-rises-after-iran-says-it-stops-ships-in-hormuz#u34152Thu, 06 Aug 2026 09:55:33 +0000Iran has stopped ships in the Strait of Hormuz, causing oil prices to rise. The situation is being closely watched as it affects global oil supplies. Iran and Oman are nearing a proposed framework for the strait, but a deal would not automatically reopen the waterway. The US and Iran have held talks, with President Trump saying they were 'very good'.Why it mattersThe Strait of Hormuz is a critical waterway for global oil supplies, with about 20% of the world's oil passing through it. Tensions between the US and Iran have been escalating, with Iran vowing to punish the US for rec https://www.live-feeds.com/feed/oil-price-rises-after-iran-says-it-stops-ships-in-hormuzhttps://www.live-feeds.com/feed/oil-price-rises-after-iran-says-it-stops-ships-in-hormuz#u29884Mon, 03 Aug 2026 01:15:29 +0000Iran has disabled two oil tankers in the Strait of Hormuz, claiming the vessels were under US air escort. These attacks follow a heavy wave of US strikes, prompting Iran to vow it will punish the aggressor. The IRGC has warned countries supporting the US against Iran, while reports indicate a tanker carrying Qatari LNG was also struck. While oil prices initially rose due to the threat of choked shipping routes, they have since eased as traffic in the strait begins to recover.Why it mattersThe Strait of Hormuz is a critical global transit point for oil and gas. Tensions have spiked following US https://www.live-feeds.com/feed/oil-price-rises-after-iran-says-it-stops-ships-in-hormuzhttps://www.live-feeds.com/feed/oil-price-rises-after-iran-says-it-stops-ships-in-hormuz#u29883Mon, 03 Aug 2026 01:15:26 +0000Iran has struck two oil tankers in the Strait of Hormuz, including one carrying Qatari LNG, after the US launched a heavy wave of strikes. The Islamic Revolutionary Guard Corps claims the vessels were under US air escort. While oil prices initially rose due to threats to choke off shipping routes, prices have since eased as traffic in the strait begins to recover. President Trump has gathered his cabinet to discuss the potential for war as Iran vows to punish the aggressor.Why it mattersThe Strait of Hormuz is a critical global transit point for energy shipments. Escalating military friction b