NewsIran warIran says reopening Strait of Hormuz 'impossible' if US blockade continuesIran's top negotiator posted his message after Iran seized two cargo ships in the Strait of Hormuz - including the Epaminondas, pictured above.Why and how is US blockading Iranian ports in Strait of Hormuz?Donald Trump says that the US is blockading the Strait of Hormuz. What does this mean in practice? Tehran will never cede control of Strait of Hormuz, senior Iranian politician tells BBCLyse Doucet speaks to Ebrahim Azizi, who says Iran "will decide the right of passage" through the crucial shipping route.Lyse Doucet: Most Iranians don't expect this truce to lastThe BBC's Lyse Doucet reports from Tehran as tensions continue over the Strait of Hormuz.Oil prices rise after Trump says Iranian ship seizedEnergy markets have seen wild swings since the US and Israel attacked Iran on 28 February.Latest newsUK waters down new Russian oil sanctions as fuel prices riseThe change reflects increasing supply concerns over certain fuels due to the effective blockade of the Strait of Hormuz.What's happening to UK petrol and diesel prices?Motoring group RAC warns pump prices could keep rising if there is no resolution to the Iran war.Trump says he called off new Iran attack at request of Gulf statesThe US president says he is holding off on an attack planned for Tuesday as "serious negotiations are now taking place".Oil price slumps as Trump says he called off Iran attacksEnergy markets have been on a wild ride as the key Strait of Hormuz waterway remains effectively closed.Why Modi wants Indians to buy less gold and take fewer foreign holidaysModi has urged Indians to save dollars as war and oil shocks strain the rupee and economy further this year.Warning higher Europe air fares 'inevitable' due to Iran warFlying by air will get more expensive as oil prices remain high, says international industry body boss.Netanyahu says he 'secretly visited' UAE during war with IranThe UAE denied reports of the "alleged visit" and insisted relations between the two countries were not based on "unofficial arrangements".How the Trump-Xi summit could set superpower relations for many years to comeTrump's whirlwind visit to China is the most significant for years - but will it bear fruit?Snack giant switches to black and white packaging as Iran war hits ink suppliesThe effective closure of the Strait of Hormuz has severely disrupted global supplies of energy and petrochemicals.Trump says Iran ceasefire is on 'massive life support'The US president criticises an Iranian counteroffer to end the war, and says the month-long ceasefire is "unbelievably weak".Oil price predicted to remain above $100 for rest of yearInvestment bank JP Morgan expects oil to remain in the "low $100s" even if the Strait of Hormuz were to reopen next month.Whales could be harmed by diverted ships avoiding Middle East, scientists warnShips have rerouted around the Cape of Good Hope since 2023 to avoid conflicts in the Middle East.Latest Updates10 hrs agoUK waters down new Russian oil sanctions as fuel prices riseThe change reflects increasing supply concerns over certain fuels due to the effective blockade of the Strait of Hormuz.10 hrs ago11 hrs agoWhat's happening to UK petrol and diesel prices?Motoring group RAC warns pump prices could keep rising if there is no resolution to the Iran war.11 hrs ago2 days agoTrump says he called off new Iran attack at request of Gulf statesThe US president says he is holding off on an attack planned for Tuesday as "serious negotiations are now taking place".2 days ago2 days agoOil price slumps as Trump says he called off Iran attacksEnergy markets have been on a wild ride as the key Strait of Hormuz waterway remains effectively closed.2 days ago6 days agoWhy Modi wants Indians to buy less gold and take fewer foreign holidaysModi has urged Indians to save dollars as war and oil shocks strain the rupee and economy further this year.6 days ago7 days agoWarning higher Europe air fares 'inevitable' due to Iran warFlying by air will get more expensive as oil prices remain high, says international industry body boss.7 days ago7 days agoNetanyahu says he 'secretly visited' UAE during war with IranThe UAE denied reports of the "alleged visit" and insisted relations between the two countries were not based on "unofficial arrangements".7 days ago12 May 2026How the Trump-Xi summit could set superpower relations for many years to comeTrump's whirlwind visit to China is the most significant for years - but will it bear fruit?12 May 202612 May 2026Snack giant switches to black and white packaging as Iran war hits ink suppliesThe effective closure of the Strait of Hormuz has severely disrupted global supplies of energy and petrochemicals.12 May 2026...
