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2026-05-11All stories Headlines Search Latest

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Strait of Hormuz

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5 stories indexed

2026-05-11

5 stories

Bulk carrier vessel transiting open water under a hazy sky with a partly visible coastline in the distance — illustrative imagery for Newsorga's coverage of the India-bound urea cargo aboard the bulk carrier Infinity that was pulled in May 2026 after Indian officials raised concerns over potential Iran-link sanctions exposure following the vessel's transponder blackout off Oman's Sohar port and erratic movements between mid-April and early May during a Strait of Hormuz closure that has nearly doubled the price of urea fertiliser for India ahead of the June kharif planting season.

Business

India scraps urea shipment on bulk carrier Infinity over Iran-link sanctions risk

2026-05-1110 min read

A microphone in front of an empty briefing-room backdrop — illustrative imagery for Newsorga's coverage of Iran Foreign Ministry spokesperson Esmaeil Baghaei's Monday, May 11, 2026 weekly press conference in Tehran, in which he insisted that the Islamic Republic remains serious about peace talks with Washington despite President Donald Trump's Sunday rejection of Iran's 14-point proposal as 'totally unacceptable.'

World

Tehran is 'serious' about peace talks and US response is 'difficult to accept,' Iran's foreign ministry spokesperson Esmaeil Baghaei says after Trump rejects 14-point proposal as 'totally unacceptable'

2026-05-1111 min read

Stacked gold bars under directional light, with a slight reflective sheen — illustrative imagery for Newsorga's coverage of Monday, May 11, 2026 commodity moves in which spot gold fell 1% to $4,669.82/oz and Brent crude rose 4.11% to $105.45/bbl after US President Donald Trump rejected Iran's 14-point peace proposal as 'totally unacceptable' on Truth Social on Sunday afternoon.

Markets

Oil rallies and gold slides as Trump's 'totally unacceptable' rejection of Iran pushes Brent past $105 and WTI to $100, with Netanyahu, drone strikes near Qatar and a $4 prompt backwardation backing the move

2026-05-1111 min read

The India Gate monument in New Delhi under a clear daytime sky — illustrative imagery for Newsorga's coverage of Iran's possible attendance at the May 14-15, 2026 BRICS Foreign Ministers' Meeting hosted by India under its 2026 BRICS presidency, with Foreign Minister Seyed Abbas Araghchi's visit kept 'on his agenda' though Deputy Foreign Minister Kazem Gharibabadi is now expected to lead the Iranian delegation.

World

Iran says Araghchi visit to BRICS foreign ministers' meeting in Delhi 'on the agenda' but Deputy FM Gharibabadi expected to lead delegation as Hormuz safe-passage talks take centre stage

2026-05-1111 min read

A red-and-white crude oil tanker at sea under an overcast sky — illustrative imagery for Newsorga's coverage of Japan's first Caspian-region (Azerbaijani ACG) crude oil cargo arriving on Tuesday, May 12, 2026, the first Central Asian delivery to a Japanese refinery since the Iran war and Strait of Hormuz blockade began in late February 2026.

Markets

Japan to receive first Caspian crude tanker since Iran war began, with Azerbaijani cargo due Tuesday and INPEX redirecting Kashagan and ACG barrels from Europe

2026-05-1113 min read