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Is Elon Musk the October Surprise? | WSJ Politics Newsletter for Oct. 20

Plus, President Trump offers cash to woo midterm voters, and oil is surging through the Strait of Hormuz.

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Oct 21 • 6:58 AM EDT • Politics • wsj.com
Oil prices jump amid record tanker attacks in Hormuz

Oil prices climbed Thursday on continued worries about global supply and as record tanker attacks in the Middle East sent crossings through the Strait of Hormuz to a two-month low.

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Oct 8 • 6:34 AM EDT • Business • cnn.com
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Oil rises as Middle East supply concerns persist amid shipping attacks

Oil prices rose on Thursday on persistent worries about supply from the key Middle East producing region amid an increase in attacks on shipping in the Gulf and the Strait of Hormuz.

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Oct 7 • 9:25 PM EDT • Business • reuters.com
The Beclowning of Scott Bessent

One iron law of current politics is that nobody who associates themselves with Donald Trump emerges with a shred of credibility. For some, that’s not a big loss — it’s not as if anyone respected Pete Hegseth even before he decided that the key to military success in an age of drones and AI was more testosterone. For others, however, the costs are real. I’m old enough to remember when Marco Rubio was widely considered a reasonable, thoughtful politician. Right now, however, my candidate for the biggest loser is Scott Bessent, the Secretary of the Treasury. Bessent started out with significant reputation to lose: When Trump selected him, this was the headline in the Financial Times: Jason Furman, Barack Obama’s chief economist, described him as a “credible Treasury secretary who has a real understanding of the global economy”. But Bessent has now transformed himself into the Baghdad Bob of bonds. Three weeks ago, after intervening (for reasons that remain somewhat unclear) to support the Japanese yen, Bessent boasted about his ability to move markets and dared investors to bet against his, declaring “I am the house now.” He then tried to push long-term interest rates down, buying 30-year U.S. Treasuries in a move some have compared to paying down part of your mortgage by running up your credit card balance. Here’s how that’s going so far: To get some perspective on how high interest rates have gone, here’s a longer-term perspective: We haven’t seen interest rates this high since the fading days of the dotcom bubble. Why are interest rates hitting new records? The backdrop, as I argued in last Sunday’s primer, is the huge AI-driven investment boom; more on that next week. But the immediate cause of the latest interest rate spike was Trump’s rejection of an Iranian proposal to end the war. This rejection sent crude oil prices, which for a while had fallen considerably, shooting back up: It’s notable, by the way, that oil prices remain high even though a significant amount of oil is now being shuttled through the Strait of Hormuz by night, on smaller vessels. That’s an interesting story, which has a lot to do with the fact that oil from the Hormuz shuttle runs must be transferred to larger vessels before being shipped to markets in Europe and Asia; around 15 percent of the world’s large crude carriers are now parked off the coast of Oman, waiting to be tanked up. This is creating a shipping crunch: But that’s a topic for another day. For now, the point is that with oil still high and refined products, especially diesel, still close to record levels, inflation will remain elevated. And this in turn means that the Federal Reserve will keep short-term interest rates high, an expectation that is feeding into longer-term rates. Hence Bessent’s bond-market humiliation. The truth is that Bessent might not have been able to get interest rates down even in the best of circumstances. But he certainly won’t get anywhere as long as Trump keeps believing that he can somehow convert his Iran debacle into a triumphant victory. And Trump will keep believing that as long as he is surrounded by sycophants who tell him what he wants to hear. Sycophants like, for example, Scott Bessent, who is predicting the imminent collapse of the Iranian economy, possibly within two weeks. Bessent is right to say that the embargo on Iranian oil exports is placing the country under great economic strain. But his implicit prediction that this will quickly produce a deal that Trump can call victory looks no more plausible than his boasts about the bond market. The big question now is, why would anyone with a reputation to lose work for Donald Trump? As the beclowning of Bessent shows, joining the Trump team won’t just damage your reputation; it will utterly destroy it.

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Sep 29 • 7:10 AM EDT • Politics • paulkrugman.substack.com
Trump administration lowers fuel economy standards, critics say at a significant environmental cost

The new rules were released shortly after President Donald Trump rejected an Iranian proposal to open the Strait of Hormuz, sending oil prices soaring.

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Sep 28 • 10:55 AM EDT • Politics • reviewjournal.com
Iran says it ‘has no plans to negotiate with US’ despite Trump claims

Trump had told Axios he expected talks to resume a day after he rejected Iran’s proposal to reopen the strait of Hormuz

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Sep 28 • 6:23 AM EDT • Politics • theguardian.com
Iran Ready to Resist Any Aggression, Even ‘Apocalyptic War’: Araghchi

TEHRAN (Tasnim) – Iran is fully prepared to confront any aggression and stands firm even if the confrontation escalates into an “apocalyptic war”, Foreign Minister Abbas Araqchi said, stressing that Tehran keeps the door open to diplomacy and a proposed seven-day plan to reopen the Strait of Hormuz.

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Sep 28 • 2:38 AM EDT • Politics • tasnimnews.ir
IRGC Navy Seizes Second US Military Underwater Drone

TEHRAN (Tasnim) – The Islamic Revolution Guards Corps (IRGC) Navy said on Sunday that it has seized a second underwater remotely operated vehicle (UROV) belonging to the US military in the Strait of Hormuz.

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Sep 27 • 7:25 AM EDT • Politics • tasnimnews.ir
Iran Won’t Back Off from Conditions for Reopening Hormuz: FM

TEHRAN (Tasnim) – Iran has clearly presented its conditions for reopening the Strait of Hormuz and advancing negotiations, Foreign Minister Abbas Araqchi said, stressing that Tehran will not back down from those conditions.

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Sep 27 • 3:53 AM EDT • Politics • tasnimnews.ir
Trump calls Iranian plan to reopen Strait of Hormuz not 'acceptable'

President Trump said he was rejecting an Iranian plan to reopen the Strait of Hormuz. The Iranian proposal is similar to a memorandum of understanding agreed upon by the U.S. and Iran back in June.

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Sep 26 • 4:08 PM EDT • Politics • npr.org
High-Signal Publisher
Trump calls Iranian plan to reopen Strait of Hormuz not 'acceptable'

President Trump said he was rejecting an Iranian plan to reopen the Strait of Hormuz. The Iranian proposal is similar to a memorandum of understanding agreed upon by the U.S. and Iran back in June.

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Sep 26 • 4:08 PM EDT • Politics • kgou.org
Trump Rejects Iran’s Cease-Fire Proposal to Reopen Strait of Hormuz

The president said the deal was not “acceptable” and demurred on whether he would restart military strikes after the midterm elections.

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Sep 26 • 11:54 AM EDT • Politics • nytimes.com
Trump rejects Iran's proposal to reopen the Strait of Hormuz

President Donald Trump has rejected Iran’s proposal to reopen the Strait of Hormuz. Trump spoke to reporters Saturday outside the White House before leaving for a college football game. His

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Sep 26 • 11:00 AM EDT • Politics • journalgazette.net
Iran has suggested a deal to reopen the Strait of Hormuz in 7 days

Iran’s Foreign Minister Abbas Araghchi detailed the proposal in a private gathering on Thursday

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Sep 25 • 9:50 AM EDT • Politics • spectrumlocalnews.com
Iran has suggested a deal to reopen the Strait of Hormuz in 7 days

Iran’s Foreign Minister Abbas Araghchi detailed the proposal in a private gathering on Thursday

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Sep 25 • 9:50 AM EDT • Politics • spectrumlocalnews.com
Intelligence from Chinese groups aiding in Iran’s increasingly effective targeting of US sites, sources say

Satellite imagery and intelligence support provided by Chinese groups has helped Iran threaten ships in the Strait of Hormuz and launch precision strikes on US military bases in the Middle East, part of a dramatic improvement in Iranian targeting capabilities over the past several months, according to a series of recent American intelligence assessments described to CNN by four sources.

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Sep 25 • 12:01 AM EDT • Politics • cnn.com
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Trump in address to world leaders at UN defends his decision to start Iran war

Trump accused Iran of stalling to make a deal to fully reopen the Strait of Hormuz and negotiate an endgame to the war until after the midterms

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Sep 22 • 10:59 AM EDT • Politics • spectrumlocalnews.com
Britain’s Burnham is set to meet Trump for the first time at the UN in New York

Britain's Prime Minister Andy Burnham is set to meet U.S. President Donald Trump for the first time. The meeting will take place on the sidelines of the United Nations General Assembly in New York. Burnham plans to discuss ways to bolster Ukraine's defenses and ease fuel prices that have soared since the US-Israeli war with Iran blocked ships from moving freely through the Strait of Hormuz. Burnham, once critical of Trump, now says he wants to seek common ground. Trump has called Burnham “a nice guy,” but has also concerned U.K. officials by expressing support for Irish unification and musing about the future of the Falkland Islands.

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Sep 21 • 7:59 AM EDT • Politics • mymotherlode.com
Hormuz Strait Remains Under Iran’s Control: Military Spokesman

TEHRAN (Tasnim) – The initiative in the Strait of Hormuz remains in the hands of Iran's powerful Armed Forces, a senior spokesperson for the Iranian Armed Forces said.

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Sep 20 • 3:00 AM EDT • Politics • tasnimnews.ir
Iran claims it struck an oil tanker in the Strait of Hormuz, and other Mideast developments

Iran says it struck an oil tanker trying to transit the Strait of Hormuz, while hundreds of thousands of people rallied in Tehran in the largest show of support for the government since the United States and Israel launched attacks in February. Meanwhile, South Korea says it is considering expanding a naval operation in the […]

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Sep 18 • 1:00 PM EDT • Politics • coloradopolitics.com
PGSA Warns against Serving Violating Vessels

TEHRAN (Tasnim) – Iran’s Persian Gulf Strait Affairs Authority (PGSA) warned insurers, protection and indemnity insurance clubs, and classification societies against providing services to vessels listed as violating its regulations governing maritime traffic through the Strait of Hormuz.

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Sep 14 • 5:53 AM EDT • Politics • tasnimnews.ir
IRGC Downs Another MQ-1 Drone over Strait of Hormuz

TEHRAN (Tasnim) – The Islamic Revolution Guards Corps (IRGC) announced the interception and destruction of another advanced MQ-1 drone over the Strait of Hormuz.

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Sep 14 • 2:33 AM EDT • Politics • tasnimnews.ir
Iran meeting with Gulf countries to discuss Strait of Hormuz deal without the US

Gulf diplomats and Iranian officials will meet without US involvement to discuss an Omani plan for re-opening the Strait of Hormuz to regular tanker traffic.

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Sep 13 • 12:00 PM EDT • Politics • cnn.com
Somalis rethink trade routes as Houthis disrupt established shipping channels

Somali businesses are seeking alternative shipping routes due to disruptions and security concerns around the Bab al-Mandab Strait and the Strait of Hormuz after Iran-backed Houthis captured a key port city and an island, sending thousands of Yemenis fleeing to...

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Sep 13 • 11:29 AM EDT • Business • seattletimes.com
Wanted: Oil tankers at any cost as tensions in the Gulf trigger a global scramble

The closure of the Strait of Hormuz and soaring freight rates have intensified competition among countries and shipowners to secure their own tanker fleets. A second-hand vessel can now cost up to 40% more than a newly built one

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Sep 13 • 12:00 AM EDT • Business • english.elpais.com
Trump says Iran probably responsible for attack on Saudi pipeline

U.S. President ‌Donald Trump said on Saturday that Iran was probably responsible for an aerial attack on Saudi Arabia that ​shut down its East-West pipeline, one of ​the kingdom's main routes for exporting crude ⁠while bypassing the Strait of Hormuz.

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Sep 12 • 6:18 AM EDT • Business • reuters.com
This Week In Politics: Renewed Conflict With Iran

Following a month-long pause in conflict, American and Iranian forces resumed hostilities this week when U.S. strikes hit Iranian territory on Sunday, Aug. 30. The U.S. struck Iranian rocket launchers on Larak Island, a critical strategic island along the Strait of Hormuz, and the attack is reported to have killed two people and wounded others....

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Sep 10 • 3:36 PM EDT • Politics • villanovan.com
US targets multiple Iranian tankers near Kharg Island

The US targeted multiple Iranian tankers near Kharg Island in the Strait of Hormuz on Tuesday, according to two US officials.

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Sep 8 • 4:45 PM EDT • Politics • cnn.com
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Hormuz disruptions hitting small businesses hardest, UN trade agency warns

GENEVA, Sept 8 (Reuters) - Disruptions in the Strait of Hormuz could push small and medium-sized businesses out of global supply chains, increasing economic concentration and weakening the resilience

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Sep 8 • 9:01 AM EDT • Business • lufkindailynews.com
Hormuz disruptions hitting small businesses hardest, UN trade agency warns

GENEVA, Sept 8 (Reuters) - Disruptions in the Strait of Hormuz could push small and medium-sized businesses out of global supply chains, increasing economic concentration and weakening the resilience

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Sep 8 • 9:01 AM EDT • Business • finance.yahoo.com
Former Pentagon official analyzes Strait of Hormuz oil threats

Former Pentagon official Brent Sadler discusses rising geopolitical risks including Iran's threats in the Strait of Hormuz, U.S. envoys pushing for Russia-Ukraine peace negotiations and the new Russia-North Korea road bridge.

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Sep 8 • 8:56 AM EDT • Business • foxbusiness.com
Oil extends gains after US and Iran strike ships

Oil prices extended gains ‌on Monday as tit-for-tat strikes between the U.S. and Iran on vessels sailing in the Strait of Hormuz and other areas heightened concerns of a prolonged supply disruption from the Middle East.

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Sep 6 • 8:15 PM EDT • Business • reuters.com
US military fended off Iranian drones as it escorted a record amount of oil through Strait of Hormuz, sources say

The US military escorted 40 commercial vessels carrying 18 million barrels of oil through the Strait of Hormuz, marking a wartime high as Iran and the US exchanged a new round strikes on Tuesday, two US officials familiar with the operations told CNN.

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Sep 2 • 6:50 PM EDT • Politics • cnn.com
Iran fires on its Gulf neighbors, retaliating for U.S. military strikes

Fighting between the U.S. and Iran has increased since the weekend after the American military hit Iranian rocket launchers in the Strait of Hormuz

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Sep 2 • 8:26 AM EDT • Politics • spectrumlocalnews.com
US military carries out new strikes on Iranian targets

The US military conducted additional strikes against Islamic Revolutionary Guard Corps targets in Iran on Tuesday, in response to recent attempted attacks against commercial shipping in the Strait of Hormuz and American troops deployed to the region, according to US Central Command.

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Sep 1 • 12:50 PM EDT • Politics • cnn.com
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U.S. strikes Iranian rocket launchers on the Strait of Hormuz

Iran swiftly vowed to retaliate for what it called a deadly attack

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Aug 30 • 9:03 PM EDT • Politics • spectrumlocalnews.com
U.S. strikes Iranian rocket launchers on the Strait of Hormuz

Iran swiftly vowed to retaliate for what it called a deadly attack

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Aug 30 • 9:03 PM EDT • Politics • spectrumlocalnews.com
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US strikes Iranian island where forces were preparing to launch mines, official says

The US military on Sunday struck Iran’s Larak Island, where forces were observed preparing to launch mines into the Strait of Hormuz, according to a US official, marking the first strikes in the war in over a month.

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Aug 30 • 3:58 PM EDT • Politics • cnn.com
Oil prices steady as investors assess US-Iran war outlook

Oil prices steadied in early trade on Thursday as investors assessed the outlook for the U.S.-Iran war and the security ​of shipping through the Strait of Hormuz.

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Aug 19 • 9:11 PM EDT • Business • reuters.com
Oil edges up on uncertainty over exports through Hormuz

Oil prices ticked higher in early trade on Wednesday, climbing for a fourth straight day on supply uncertainty as investors weighed conflicting messages from ​Tehran and Washington on whether the Strait of Hormuz is open ‌to ships.

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Aug 18 • 8:39 PM EDT • Business • reuters.com
Iran is losing control of the Strait of Hormuz

The battle for control of the Strait of Hormuz has become the focal point of the Iran war. Over the past several months, both Iran and the United States have claimed the upper hand – and the competing rhetoric has caused considerable confusion and doubt.

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Aug 18 • 2:17 PM EDT • Business • cnn.com
Oil treads water as US-Iran peace talks stall, Hormuz shipping slows

Oil prices barely moved in early trade on Monday as tanker traffic through the Strait of Hormuz slowed over the weekend with no peace deal in sight ​between the United States and Iran to end the conflict ​in the Middle East.

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Aug 16 • 8:31 PM EDT • Business • reuters.com
No One Wants to Talk About the Debt | WSJ Politics Newsletter for Aug. 13

Plus, Iran has an ability to make the Strait of Hormuz too risky to cross with limited firepower, and progressives have a reckoning in the Midwest.

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Aug 13 • 7:03 AM EDT • Politics • wsj.com
How The Global Business Community Is Responding To Tariffs & The Strait Of Hormuz Impasse: Expert

When the Supreme Court blocked a large swath of his tariffs, Trump said his administration had "very powerful alternatives." Now we know what those alternatives are.

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Aug 11 • 2:34 PM EDT • Business • forbes.com
Israel rejects Trump's Gaza plan, more details emerge on the Strait of Hormuz

Tehran suggests that vessels linked to “hostile countries” will be barred from the waterway.

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Aug 9 • 2:30 PM EDT • Politics • spectrumlocalnews.com
A deal with Iran over the Strait of Hormuz may require a compromise from Trump

Any concession would be tough for the Republican president

spectrumlocalnews.com logo
Aug 7 • 9:09 AM EDT • Politics • spectrumlocalnews.com
A deal with Iran over the Strait of Hormuz may require a compromise from Trump

Any concession would be tough for the Republican president

spectrumlocalnews.com logo
Aug 7 • 9:09 AM EDT • Politics • spectrumlocalnews.com
Oil rises on concerns over Strait of Hormuz reopening plans

Oil continued its rise on Friday amid further concerns around the opening of the Strait of Hormuz as Iran, working with Oman, ​suggested banning vessels deemed hostile from the strait and heavily fining those ‌who violated the proposed rules.

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Aug 6 • 8:47 PM EDT • Business • reuters.com
Iran says it's in final stages of draft agreement with Oman on Strait of Hormuz

The agreement is likely to be contingent on the U.S. lifting its blockade on Iran’s ports

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Aug 6 • 9:19 AM EDT • Politics • spectrumlocalnews.com
Miliband says reopening Strait of Hormuz 'essential' as he meets Rubio

The move is required "to ease cost-of-living pressures", Miliband says, as he meets his US counterpart in Washington.

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Aug 5 • 3:48 PM EDT • Politics • bbc.com
Trump says deal to reopen the Strait of Hormuz could come as early as Wednesday

Iran and Oman inched toward an agreement on the critical waterway

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Aug 5 • 9:07 AM EDT • Politics • spectrumlocalnews.com
UK economy faces recession if strait of Hormuz remains closed, EY warns

Rolling coverage of the latest economic and financial news

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Aug 3 • 2:25 AM EDT • Business • theguardian.com
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Few signs of talks between US and Iran as Trump hears from different corners on path forward

Despite President Donald Trump’s claims Iran is “begging” for a deal, some US officials fear regime figures appear more committed than ever to wielding leverage over the Strait of Hormuz and firing missiles toward American troops.

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Jul 31 • 9:07 AM EDT • Politics • cnn.com
Biological 'superspreader' event could be imminent as more than 1,000 ships idle in the Strait of Hormuz, scientists warn

The prolonged closure of the Strait of Hormuz may pose significant biosecurity hazards as well as economic impacts, with potentially devastating consequences for global ecosystems and human health.

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Jul 29 • 12:36 PM EDT • Science • livescience.com
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We’re running out of ways to get oil out of the Middle East

Saudi Arabia had found a workaround for the Strait of Hormuz. Then the Houthis showed up.

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Jul 29 • 6:30 AM EDT • Politics • vox.com
Iran weaponized the Strait of Hormuz. Now its neighbors are building around it

For the first time in decades, the Middle East is investing seriously in a future in which the Strait of Hormuz may no longer be indispensable.

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Jul 24 • 4:00 AM EDT • Politics • cnn.com
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Iran is 'punishing' US allies, hurting the global economy: Political analyst

An ‘All-Star’ panel joins ‘Special Report’ to discuss the U.S.-Iran conflict, threats to the Strait of Hormuz and Senate Minority Leader Chuck Schumer's plan to revive a war powers vote.

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Jul 22 • 9:05 PM EDT • Politics • foxnews.com
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Scientists warn of potential global marine invasive species event linked to idle ships in the Strait of Hormuz

New research from an international team of 24 marine scientists, led by the University of Maryland Center for Environmental Science (UMCES) and including the Woods Hole Oceanographic Institution (WHOI), ...

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Jul 22 • 10:00 AM EDT • Science • phys.org
Brent oil tops $90 as US, Iran intensify attacks in Middle East

Oil prices jumped 3% on Monday, with Brent surpassing $90 a barrel, as the United States and ​Iran expanded attacks in the Middle East that have curbed energy shipments ‌in the Strait of Hormuz.

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Jul 19 • 8:16 PM EDT • Business • reuters.com
How Sport Will Change on a Hotter Planet (We Might Have to Move the Olympics) | Climate & Energy for July 16

Plus: The Strait of Hormuz isn’t going back to normal, and the Chinese EV wave threatens Volkswagen’s vast, well-paid workforce

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Jul 16 • 9:30 AM EDT • Business • wsj.com
US Reimposes Blockade on Iranian Ports, Launches New Strikes

Gharibabadi said Tehran no longer considers itself bound by the memorandum of understanding, including on the Strait of Hormuz.

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Jul 15 • 6:15 AM EDT • Politics • politicstoday.org
Strait of Hormuz remains 'de facto closed', no matter what the US says: Expert

Lars Jensen, CEO of Vespucci Maritime, says the economics and legalities of President Trump's proposed toll on the Strait of Hormuz made his U-turn on this inevitable. He also explains why he believes the Strait remains de fact closed despite U.S. assertions on the contrary, noting that freight rates and insurance premiums have surged on Trump's latest comments.

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Jul 15 • 3:06 AM EDT • Business • cnbc.com
U.S. War Against Iran Enters a New Phase

As President Trump resumes his war, the focus is now on the Strait of Hormuz. But it remains unclear how far the U.S. military will go to exert control.

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Jul 14 • 7:54 PM EDT • Politics • nytimes.com
Trump’s “Highly Productive” Talks About the Strait of Hormuz Probably Involved Middle Eastern Leaders Telling Him to Shove It

And another TACO Tuesday passes us by.

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Jul 14 • 6:21 PM EDT • Politics • esquire.com
U.S. and Iran assert control over Strait of Hormuz after latest attacks

President Donald Trump told Fox News Monday: "We're taking over the strait"

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Jul 13 • 9:53 AM EDT • Politics • spectrumlocalnews.com
U.S. and Iran assert control over Strait of Hormuz after latest attacks

President Donald Trump told Fox News Monday: "We're taking over the strait"

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Jul 13 • 9:53 AM EDT • Politics • spectrumlocalnews.com
The Latest: Trump demands 20% toll for passage through strait

President Donald Trump said Iranian ships will no longer be able to travel through the Strait of Hormuz and America would charge a 20% toll on other countries’ eligible cargo, escalating tensions after weekend of attacks by both nations to assert control of the critical waterway

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Jul 13 • 8:51 AM EDT • Politics • washingtonpost.com
Sen. McConnell breaks weeks of silence about health, US and Iran vie for Strait of Hormuz control

Welcome back.

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Jul 13 • 6:44 AM EDT • Health • apnews.com
High-Signal Publisher
Oil Rises After Weekend of Back-and-Forth Strikes by U.S. and Iran

The renewed hostilities posed fresh risks to ships seeking to navigate the Strait of Hormuz.

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Jul 12 • 6:24 PM EDT • Business • nytimes.com
How Trump Failed to Secure the Strait of Hormuz in His Iran Deal

President Trump signed an agreement that Iran said gave it control of the waterway — and global energy supplies. Now, Iran’s military is violently asserting authority.

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Jul 12 • 12:43 PM EDT • Politics • nytimes.com
The US was overconfident before the war. Iran may be overconfident now.

Iran may have bitten off more than it can chew in the Strait of Hormuz.

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Jul 11 • 6:00 AM EDT • Politics • vox.com
U.S. demands Iran publicly state Strait of Hormuz is open

U.S. officials said Friday that internal Tehran power struggles have made it difficult to reach and keep a deal

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Jul 10 • 5:25 PM EDT • Politics • spectrumlocalnews.com
Iran needs to see that we mean business: GOP lawmaker

Rep. Carlos Gimenez, R-Fla., discusses concerns over a clause regarding the Strait of Hormuz in the MoU, reports of Iran-made drones in Cuba and NYC Mayor Zohran Mamdani meeting a Cuban delegation.

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Jul 10 • 1:20 PM EDT • Business • foxbusiness.com
Trump says Iran ceasefire is ‘over,’ so what now?

President Donald Trump said the Memorandum of Understanding between the US and Iran is “over” after a fresh escalation that included attacks on commercial shipping in the Strait of Hormuz and US retaliatory strikes. CNN’s Kevin Liptak reports on what could happen now.

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Jul 8 • 7:17 AM EDT • Politics • cnn.com
Trump admin reimposes oil sanctions after Iran strikes ships near Strait of Hormuz

The Trump administration is reimposing sanctions on Iranian oil sales in retaliation for a series of attacks on commercial ships near the Strait of Hormuz.

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Jul 7 • 3:27 PM EDT • Politics • cnn.com
What Does the Memorandum of Understanding Signed Between the US and Iran Mean?

Iran maintains that transit through the Strait of Hormuz should be under the control of both Oman and Iran with no international intervention.

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Jul 6 • 3:52 AM EDT • Politics • politicstoday.org
Why One Global Shipping Choke Point Isn’t a Blueprint for Another

The Strait of Malacca may be a model for how Oman and Iran could collect fees in the Strait of Hormuz, but the differences between the waterways are vast.

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Jul 3 • 5:01 AM EDT • Business • nytimes.com
Oil price ‘may fall to $60 a barrel’ as voyages through the strait of Hormuz jump

Rolling coverage of the latest economic and financial news

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Jul 3 • 2:41 AM EDT • Business • theguardian.com
The Iran MOU is a mess. It still might work

The 14-point “Memorandum of Understanding” is among the oddest international agreements in recent memory. Short on detail, its two pages purport to grant significant up-front American concessions to Iran in exchange for opening the Strait of Hormuz, which was already open before the war President Donald Trump started in February and now hopes to end.

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Jul 2 • 4:00 AM EDT • Politics • cnn.com
Iran’s leverage over Strait of Hormuz snarls Trump’s push for a deal

Washington and Tehran are back at the negotiating table after a fragile ceasefire. But experts remain skeptical the two sides are close to a nuclear deal, even as calm oil markets reduce pressure to reach one.

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Jun 30 • 5:00 AM EDT • Politics • washingtonpost.com
Trump says Iran strike in Strait of Hormuz is a ‘foolish violation’ of agreement

President Donald Trump called Iran’s strike on a vessel in the Strait of Hormuz a “foolish violation” of the agreement to end the war with Tehran, but offered little indication the episode would prompt a return to active hostilities.

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Jun 26 • 12:01 PM EDT • Politics • cnn.com
Business - Maritime traffic picks up in Strait of Hormuz, but uncertainty lingers
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Jun 25 • 4:50 AM EDT • Business • france24.com
Oil prices fall after US waives Iran sanctions and peace talks in Switzerland progress

US waives sanctions on Iran for 60 days after first talks in Switzerland to negotiate peace deal; communications line opened to ensure safe passage through strait of Hormuz

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Jun 23 • 2:24 AM EDT • Business • theguardian.com
Why Germany's navy could be crucial for the Strait of Hormuz

Despite a tentative US-Iran deal, the Strait of Hormuz remains unstable — posing a major threat to global energy flows. So who will clear the mines, and who can guarantee safe passage for shipping? A European-led mission may soon set sail, with Germany poised to play a central role.

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Jun 19 • 1:33 PM EDT • Politics • dw.com
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Roundup: Oil shock / AI receptionists / Warsh’s style

‘Baked-in’ damage: Even though the Strait of Hormuz has reopened in principle, analysts say the economic damage from the earlier disruption is already largely “baked in,” since supply chains, inventories and energy markets have already adjusted to shortages and higher costs. Oil prices have eased from their peak, but inflation pressures are expected to persist […]

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Jun 19 • 10:09 AM EDT • Business • businessreport.com
More than 1 billion barrels of oil have gone missing

The good news: The Strait of Hormuz is open again, after Iran and the United States signed a memorandum of understanding this week.

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Jun 19 • 3:00 AM EDT • Business • cnn.com
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Vance's push to get Iran talks started hits an early bump as weekend negotiations are put on hold

The U.S. push to start high-stakes talks with Iran has hit a snag just days just after the two countries agreed to reopen negotiations about Iran’s nuclear program and get oil traffic moving through the Strait of Hormuz | KCBS All News 106.9FM and 740AM

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Jun 19 • 12:04 AM EDT • Politics • audacy.com
U.S. and Iran sign initial deal to end war and open Strait of Hormuz

The president defended the agreement, but it has been criticized as a return to the pre-war status quo, with the toughest negotiations still to come.

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Jun 18 • 6:29 AM EDT • Politics • washingtonpost.com
The 14-point US-Iran peace plan, annotated

The memorandum of understanding, MOU, between the US and Iran aims to expand on the ceasefire and get traffic flowing through the Strait of Hormuz.

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Jun 17 • 5:34 PM EDT • Politics • cnn.com
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U.S.-Iran Agreement Includes Strait of Hormuz, Lebanon and More: See Full Text of the Deal

A senior U.S. official, speaking on condition of anonymity, disclosed what the official said was the full text of the deal between the two countries.

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Jun 17 • 1:13 PM EDT • Politics • nytimes.com
Here Are Tuesday’s Best Wall Street Analyst Research Calls: Dynatrace, Emerson Electric, Exxon Mobil, Flutter Entertainment, Genuine Parts, nVent Electric, Palantir Technologies, Roku, and More

Pre-Market Stock Futures: Futures are trading modestly higher after a stunning opening to the week, as all major indices rocketed higher. The announcement of a cease-fire deal with Iran, which the leaders in that country acknowledged, called for reopening the Strait of Hormuz toll-free. While details will still be worked out over the next ... Here Are Tuesday’s Best Wall Street Analyst Research Calls: Dynatrace, Emerson Electric, Exxon Mobil, Flutter Entertainment, Genuine Parts, nVent Electric, Palantir Technologies, Roku, and More

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Jun 16 • 7:52 AM EDT • Entertainment • 247wallst.com
Trump’s Iran accord offers exit from war

The Trump administration and Iran's leadership agreed on Sunday to terms to end their war and reopen the Strait of Hormuz, a development that has delivered significant relief to global markets.

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Jun 15 • 2:59 PM EDT • Politics • reuters.com
President Trump says Iran deal is ‘all signed’ and the Strait of Hormuz is ‘partially opened.’
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Jun 15 • 1:44 PM EDT • Politics • cnn.com
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Trump celebrates his 80th birthday with an Iran deal and UFC cage fights at the White House

President Donald Trump celebrated his 80th birthday by hosting a UFC cage-fighting event on the White House South Lawn while announcing an initial agreement to end the war in Iran and reopen the Strait of Hormuz, potentially easing oil prices. The spectacle blended politics, entertainment, and diplomacy.

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Jun 14 • 10:46 PM EDT • Entertainment • kten.com
U.S. and Iran reach agreement to end war, Trump says

The deal commits Tehran to forgo the development or acquisition of nuclear weapons in exchange for helping reopen the Strait of Hormuz.

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Jun 14 • 7:36 PM EDT • Politics • latimes.com
Trump says US reached a deal with Iran to reopen the Strait of Hormuz

Trump said the US reached a deal with Iran on Sunday to reopen the Strait of Hormuz, a possible end to a 15-week conflict that upended global oil markets.

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Jun 14 • 5:38 PM EDT • Business • businessinsider.com
The Latest: Trump says Iran 'will have to pay the price’

The U.S. military launched airstrikes and Iran retaliated following the crash of an Army helicopter, blamed on a collision with an Iranian drone near the Strait of Hormuz

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Jun 10 • 8:33 AM EDT • Politics • washingtonpost.com
US Army helicopter goes down, but President Donald Trump says 'pilots are fine'

The New York Times reported that a U.S. Army helicopter went down near the Strait of Hormuz. President Donald Trump has said 'The pilots are fine.'

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Jun 9 • 6:04 AM EDT • Politics • foxnews.com
The ultimate hostage negotiation: Why Iran talks are deadlocked

As President Donald Trump searches for a way to reopen the Strait of Hormuz and curtail Iran’s nuclear ambitions, Washington and Tehran appear to be engaged in a standard negotiation.

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Jun 8 • 12:00 AM EDT • Politics • cnn.com
WATCH: Johnson says Trump wants U.S. allies to help reopen Strait of Hormuz
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Jun 3 • 5:33 PM EDT • Politics • pbs.org
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