Strait of hormuz

Iran may run out of oil storage within weeks under US blockade pressure

As a result of the blockade on Iranian ports, Tehran has been forced to store all the oil it extracts through various means, including onshore facilities and floating storage aboard vessels.

 US military forces boarded the crude oil tanker Aquila II in the Indian Ocean after pursuing it from the Caribbean. The vessel was accused of breaching Washington's blockade on sanctioned vessels traveling to or from Venezuela. February 9, 2026.
Ships and boats in the Strait of Hormuz, Musandam, Oman, April 29, 2026.

Gulf states reject Iran’s proposal to share custodianship of Hormuz - report

The world’s largest aircraft carrier, Ford-class aircraft carrier USS Gerald R. Ford (CVN 78) arrives at the NATO Marathi Pier Complex in Souda Bay, Crete, Greece, during a scheduled port visit on Feb. 23, 2026.

Aircraft carrier USS Gerald R Ford to return to US after 309 days of deployment - Washington Post

US President Donald Trump gives a speech during the State Arrival Ceremony on the South Lawn on day two of the State Visit of King Charles III and Queen Camilla to the United States of America, on April 28, 2026 in Washington, DC.

Trump more likely to continue game of chicken with Iran than to attack - analysis


Darkness at noon: Iran's control of the Strait of Hormuz is more devastating than nukes - opinion

Does Washington not realize that Tehran is already holding the world hostage? Hegemony over Hormuz is the bomb – a weapon far more immediate and devastating than any nuclear arsenal.

An illustrative image of a cargo ship by the Strait of Hormuz.

US seeks new int'l coalition to get ships moving again in Hormuz, internal cable says

US embassies should deliver the demarche orally to partner nations by May 1, but not to Russia, China, Belarus, Cuba, and "other US adversaries," said the cable.

Ships and boats in the Strait of Hormuz, Musandam, Oman, April 29, 2026.

IDF attacks in southern Lebanon, CENTCOM prepares for renewed strikes in Iran

UK raises terror threat level to severe • Mojtaba Khamenei: Hormuz's new management will bring calm • Netanyahu pushes for new deadline on Lebanon talks

IDF troops operating in southern Lebanon on April 25, 2026.

CENTCOM prepares 'short and powerful' wave of strikes on Iran, Trump to be briefed on plan - Axios

Another plan expected to be shared with Trump focuses on taking over part of Hormuz to reopen it to commercial shipping, the report added, noting that such an operation may involve ground forces.

CENTCOM (US Central Command) logo and U.S. flag are seen in this illustration taken April 15, 2026.

World Bank warns of 16% rise in commodity pricing over Hormuz closure

World Bank forecasts a 24% rise in energy prices in 2026, driven by the Iran conflict and the continued closure of the Strait of Hormuz, affecting global markets.

 A participant stands near a logo of the World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018

Trump tells aides to prepare for extended blockade of Iran, WSJ reports

Trump reportedly believed that maintaining the blockade was less risky than walking away or restarting the conflict.

US President Donald Trump salutes during the annual White House Correspondents' Association dinner in Washington, DC, US, April 25, 2026.

UAE taking advantage of long-term global energy needs by leaving OPEC - analysis

“At a pivotal moment in the process of supporting the stability of global energy markets, the UAE adopted a long-term strategic and economic vision,” one report says.

Sheikh Hamdan bin Mohamed Al Maktoum, Crown Prince of Dubai, UAE Deputy Prime Minister and Minister of Defence and Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and UAE National Security Adviser, arrive at Doha International Airport, in Doha, Qatar, September 10, 2025

The Hormuz digital chokepoint: How does the Iran war threaten subsea cables? - explainer

Subsea cables are fiber-optic or electrical cables laid on the sea floor to transmit data and power. They carry around 99% of the world's internet traffic.

US forces patrol the Arabian Sea near M/V Touska on April 20, 2026, after firing upon the Iranian-flagged vessel that the US accused of attempting to violate the US naval blockade of Iranian ports near the Strait of Hormuz.

Iran uses improvised oil storage to avoid damage to oil facilities amid blockade - report

This situation stems from the fact that the Iranian extraction and refining systems can't be shut down, with Kharg Island's infrastructure at risk of failure if the oil flow is cut.

 Iranian flag with stock graph and an oil pump jack miniature model are seen in this illustration taken October 9, 2023.

UAE leaves OPEC and OPEC+ in major blow to global oil producers' group

UAE Energy Minister Suhail Mohamed al-Mazrouei told Reuters the decision was made after a careful look at the regional power's energy strategies.

UAE's Oil Minister OPEC President Suhail Mohamed Al Mazrouei and OPEC Secretary General Mohammad Barkindo address a news conference after an OPEC meeting in Vienna, Austria, June 22, 2018.