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Oil prices ease and markets rally as Trump works towards deal with Iran

ships through the strait of Hormuz, which carries about a fifth of the global oil supplies and has been blockaded by Iran since late February, triggering an energy crisis. Trump said he was stopping

Uncertainty over the Strait of Hormuz remains, as ceasefire nears its end

news related to Iran just prior to landing at Joint Base Andrews. (Photo by Win McNamee/Getty Images)](https://npr.brightspotcdn.com/dims3/default/strip/false/crop/1024x683+0+0/resize/1100/quality/50/format/jpeg/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2F95%2F9f%2Fe40ec65f42bbad8ad2570e1746e7%2Fgettyimages-2271863466.jpg) U.S. President Donald Trump speaks to members of the press aboard Air Force

Has the US-Iran ceasefire reset the clock on War Powers Act deadline?

attacks since April 8 as ceasefire negotiations began, though those talks have since stalled. Since then, Tehran continues to effectively block the Strait of Hormuz and Washington has maintained a [naval blockade](/news/2026/4/29/irans-currency-falls-to-new-low-as-us-blockade-sanctions-impact-trade) of Iranian

U.S. military says it intercepted Iranian attacks on 3 Navy ships in Strait of Hormuz

news agencies said. The reports from the Fars and Tasnim agencies did not identify the source of the blasts. ### Iran creates agency to control vessels transiting strait Earlier in the day, a shipping data company

U.S.-Iran ceasefire expires this week with no deal in sight

attack** [India's foreign ministry](https://x.com/MEAIndia/status/2045511519648252198/photo/1) summoned Iran's ambassador in New Delhi after what it said was a shooting incident that involved two Indian-flagged vessels in the Strait of Hormuz. During

As US and Iran weigh peace deal, stranded seafarers wait in limbo

News Agency via Reuters] While some ships have managed to exit the Strait of Hormuz during brief lulls in hostilities, each day brings new uncertainty for the civilian crews manning the Gulf’s massive fleet

Hegseth says US blockade to continue, ready for new attacks on Iran energy

Strait of Hormuz and the future of Iran’s nuclear programme. ## ‘We will use force’ Speaking during the news conference on Thursday, General Dan Caine, the chairman of the Joint Chiefs of Staff, said

The UAE is attacked as U.S. says it helped 2 ships through the Strait of Hormuz

attacked as U.S. says it helped 2 ships through the Strait of Hormuz ![A patrol boat moves through the water as cargo ships sit at anchor in the Strait of Hormuz off Bandar Abbas, Iran

What has Trump said before possible US-Iran talks and what could it mean?

attacks in Lebanon. Iran has confirmed reopening the Strait of Hormuz for the “duration” of the current pause in fighting, which is set to end early next week, barring a new agreement

Oil prices surge as violence flares in Strait of Hormuz

attack from Iranian missiles and drones. An Iranian military source cited by the official IRNA news agency denied that US forces had sunk several Iranian boats, branding the US claim “false”. The market is pricing

Iran foreign minister: strait of Hormuz now ‘completely open’ to commercial vessels

strait of Hormuz, in terms of its compliance with freedom of navigation for all merchant vessels and secure passage,” Arsenio Dominguez, secretary-general of UN shipping agency the International Maritime Organization (IMO), said. Regional diplomats

Trump threatens to blow Iran ‘off the face of the earth’ if it attacks US vessels

attacks US vessels trying to reopen a route through the strait of Hormuz. The US launched an operation on Monday to help hundreds of ships trapped with their crews in the Gulf, dragging the region

Middle East crisis live: Iran says it needs guarantees against attacks before Gulf can be stable

Hormuz, the critical shipping channel via which about 20% of the world’s oil and liquefied natural gas is usually transported through. “Pumping will soon collapse. Gasoline shortages in Iran next,” [he added

Oil prices rise again with little sign of war on Iran ending

news agency reported. “Expecting to reach a result in a short time, regardless of who the mediator is, in my opinion, is not very realistic,” he was quoted as saying. Iran has [threatened to strike

Middle East crisis live: US and Iran in blockade stalemate as Washington’s navy secretary leaves office ‘immediately’

strait of Hormuz a day after **Donald Trump** announced he was indefinitely calling off US attacks, while there is no sign of peace talks restarting. The status of a two-week-old ceasefire

Middle East crisis live: Iran reviewing peace proposal as Trump says a deal ‘very possible’

News of a possible deal followed **Trump’s abrupt U-turn on a US military operation to guide ships out of the strait of Hormuz,** dubbed “Project Freedom”. Trump said the decision to pause

Iran war: What’s happening on day 66 as Trump announces Hormuz mission?

ships and oil tankers to refrain from any movement in the absence of coordination with Iran’s military. - The US has evacuated 22 crew members held on board an Iranian container vessel to Pakistan

Iran mocks Trump’s ‘Project Freedom’ as adversaries wrestle over talks to end war

Hormuz, barely a day after it had been announced, he gave the impression that an opportunity for a peace deal had materialised that could not be missed. To the surprise of nobody who has been

Iran war: What is happening on day 53 of the US-Israel conflict?

news”. ## In Israel: - Israel has been demanding the Lebanese government disarm Hezbollah, using its continued presence in southern Lebanon as leverage, despite concerns this could trigger wider instability. - Amnesty International has accused Israel of contributing

US in tough spot as it tries to avoid deal that highlights its failures in Iran

attacks were successful. The predictions about the political cause-and-effect to follow were not. Iran has survived the initial strikes and remains defiant, [closing the strait of Hormuz](https://www.theguardian.com/world/2026/apr/22/iranian-forces-ships-seized-strait-of-hormuz-us-peace-talks) in a move