The International Energy Agency's member countries could release more oil into the market from strategic stockpiles "as and if needed" after they agreed the largest-ever reserves release last week to offset shortages and a spike in prices, IEA executive director Fatih Birol said.
EU foreign ministers showed "no appetite" to expand an EU naval mission in the Middle East to the Strait of Hormuz for the time being, EU foreign policy chief Kaja Kallas said.
The US Armed Forces Command is currently deploying an elite Marine unit to the Middle East, likely to storm the Strait of Hormuz, according to media reports.
Vessels of several countries have passed through the Strait of Hormuz with Tehran’s permission, Iranian Foreign Ministry Spokesman Esmaeil Baghaei told a briefing broadcast by the SNN television channel.
British Prime Minister Keir Starmer is refusing to send warships to help reopen the Strait of Hormuz after U.S. President Donald Trump called for reinforcements, The Daily Telegraph reported.
U.S. President Donald Trump said his administration is talking to seven countries about helping to secure the Strait of Hormuz amid the U.S.-Israeli war on Iran.
UN Ambassador Mike Waltz said the U.S. is demanding that international allies help escort ships through the Strait of Hormuz amid the conflict in Iran.
Iran has confirmed its intention to close the Strait of Hormuz. The country's Supreme Leader previously issued a corresponding order.
Mojtaba Khamenei, Iran's newly appointed Supreme Leader, has issued his initial statement following his election, emphasizing the necessity of blocking the Strait of Hormuz.
Turkish authorities have decided to use their emergency oil reserves to slow the rapid rise in energy prices associated with the Strait of Hormuz' blockade.
Iran will allow Indian-flagged tankers to transit the Strait of Hormuz, NDTV reported.
The Middle East conflict has triggered the largest oil supply disruption in global history, the International Energy Agency (IEA) said on Thursday.
Leaders of G7 countries have agreed to keep in place sanctions against Russia despite problems with supplies of oil products and other goods over the conflict in the Middle East, French President Emmanuel Macron said.
Reports indicate that the Iranian military has deployed approximately 12 mines in the Strait of Hormuz, with the majority of their locations likely being identified.
Iran has continued to send large amounts of crude oil via the Strait of Hormuz to China even as the war between U.S.-Israel and Iran has jeopardized broader supplies through the critical waterway.
Beijing is urging Washington and Tehran to urgently resume negotiations due to the escalating situation in the Strait of Hormuz, Chinese Foreign Ministry spokesperson Guo Jiakun said.
A merchant ship was hit by a projectile near the Strait of Hormuz, the UK Maritime Trade Operations agency reported.
U.S. forces on Tuesday sunk several Iranian ships, including 16 minelayers, near the Strait of Hormuz, according to the U.S. Central Command.
U.S. President Donald Trump warned that the United States could intensity its strikes on Iran 20-fold should Tehran hamper oil flows through the Strait of Hormuz.
Saudi Arabia, Iraq, the UAE and Kuwait have lowered their collective output by as much as 6.7 million barrels a day, Bloomberg reported citing sources.
