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Snack giant switches to black and white packaging as Iran war hits ink supplies

impacted after Iran effectively closed the [key Strait of Hormuz waterway](https://www.bbc.com/news/articles/c78n6p09pzno) in retaliation

Iran warns Israeli attacks in Lebanon threaten ceasefire with US

Iran on 28 February, with potential peace deals and further escalations impacting the market. The three-month-long war has effectively closed the Strait of Hormuz

Complex relationship between Trump and Netanyahu continues to undermine Middle East ceasefire

strait of Hormuz, “until a ‘Final Deal’ is reached. “Things should move quickly,” Trump promised on his Truth Social platform, in a well-worn assurance he has offered repeatedly over the past two months

Calls for humanitarian corridor through strait of Hormuz as Iran war hits vital aid

Iran took turns at closing and blockading the strait of Hormuz shipping channel. Limiting the number of cargo ships passing through the 5km-wide passage has had an extraordinary global impact

Japan PM says Iran war oil crisis having ‘enormous impact’ in Asia Pacific

Strait of Hormuz has been inflicting enormous impact on the Indo-Pacific,” Takaichi said on Monday. “We affirmed that Japan and Australia will closely communicate with each other in responding with a sense of urgency

Push to bring US and Iran together for peace talks as ceasefire deadline looms

strait of Hormuz, the key waterway which was closed to shipping by Iran in the early days of the conflict, cutting the supply of around a fifth of the world

Hegseth says clock paused on deadline to seek approval for Iran war

Strait of Hormuz waterway is still effectively closed - causing economic impacts around the world. Answering questions from senators on Thursday, Hegseth said: "We are in a ceasefire right now, which our understanding means

Will Iran give up on ceasefire talks as strait of Hormuz blockade continues?

close to agreeing these terms](https://www.theguardian.com/world/2026/may/23/trump-ceasefire-iran-strait-of-hormuz), but is trying to find ways to phrase them to make them more palatable to his domestic audience. ![Vessels in the strait of Hormuz near the beach

UAE quits OPEC: What that means for the Gulf, energy markets and beyond

Iran, which began on February 28. Tehran responded by hitting back at Israel, US military assets and other infrastructure in Gulf countries. It also closed off most access to the Strait of Hormuz, through which

NATO chief says Europeans have ‘gotten the message’ from Trump on defence

Strait of Hormuz. Last week, Merz compared the war to previous military quagmires, such as the US invasions of Iraq and Afghanistan. “It is, at the moment, a pretty tangled situation,” he said

Saudi Aramco profits jump despite conflict in Middle East

impact of a global energy shock and providing relief to customers affected by shipping constraints in the strait of Hormuz.” The strait, through which about a fifth of the world’s oil and gas supply

Oil prices slide on hopes of US-Iran peace deal

Hormuz shipping route, without giving further details. The narrow waterway, through which around a fifth of the world's oil and liquefied natural gas (LNG) usually passes, has been effectively closed since the conflict started

World reacts to Strait of Hormuz reopening amid US-Iran conflict

Hormuz. “Any decision to transit the strait will be based on risk assessments and close monitoring of the security situation, with the latest developments also included in the ongoing assessments.” ## Markets Oil prices plunged after

Why and how is US blockading Iranian ports in Strait of Hormuz?

Hormuz, and its oil revenue. The US president told Fox News that "we're not going to let Iran make money on selling oil to people that they like and not people that they

Bowen: Strait of Hormuz standoff raises risk of sliding back into all-out war

Hormuz into home waters that the Tehran regime can control and use to charge shippers millions in tolls, without accepting that tactical victory over Iran's armed forces has become a strategic defeat. Closing

Ships attacked in Strait of Hormuz after ceasefire extension

Hormuz is open or closed, are reckless. Transit through the Strait must remain free of charge." She said the EU was widening sanctions on Tehran, adding "none of us want to see a nuclear-armed

As Iran crisis drags on, fears of global food crisis grow

impact of the war and the importance of reopening the Strait of Hormuz, observers are less united on the severity of the current outlook. Traders who buy and sell financial contracts linked to food crops

‘A stress test’: US-Germany rift widens as Iran-war drags on

Strait of Hormuz](/news/2026/5/4/iran-warns-us-to-stay-out-of-hormuz-after-trump-says-us-will-guide-ships). While Berlin has said the vessels would only take part in operations to clear the narrow shipping lane after hostilities ended, the United States has relied heavily on bases and military

Lebanon’s economy struggles under renewed war and global fuel crisis

Strait of Hormuz. And, in Lebanon, which had already been suffering from an economic crisis, there is less work, and people are losing their jobs. “The price of running the generator is killing

'Bit of pain' worth long-term security from Iran, Bessent tells BBC

Strait of Hormuz shipping route effectively closed and peace talks between the US and Iran failed. The IMF said: "Once again, the global economy is threatened with being thrown off course - this time