Strait of Hormuz

Strait of Hormuz traffic drops five times - report

The number of vessels crossing the Strait of Hormuz every day in July was five times less than what it was at the start of the conflict, The Wall Street Journal reported citing maritime digital tracking data.

Washington and Tehran reach ceasefire deal - report

The United States and Iran have "agreed" to extend a 60-day ceasefire under the Islamabad Memorandum of Understanding as the agreement is set to expire on Aug. 17, Anadolu reported, citing Pakistani government sources.

Strait of Hormuz more important than nuclear weapons - Iran

The strategic value of the Strait of Hormuz is now more important to Iran than nuclear weapons, a senior Iranian parliamentarian said, while also cautioning against overplaying the country's hand in using the vital waterway.

IEA downgrades 2026 global oil demand forecast

The International Energy Agency (IEA) forecasts a 1.6 million barrels per day (bpd) decline in global oil demand in 2026 amid the ongoing closure of the Strait of Hormuz and high oil prices, which are curbing consumption, the agency said.

Iran to consider new law on Strait of Hormuz

A new bill on the management of the Strait of Hormuz will be submitted to the Iranian Majlis in less than two weeks, member of the parliament’s National Security and Foreign Policy Commission Abolfazl Zohrevand said.

Iran not to allow opening of second corridor in Hormuz

Iran will not allow the creation of an alternative route or a second corridor in the Strait of Hormuz, senior military advisor to the Leader of the Islamic Revolution Major General Mohsen Rezaei said.

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