Strait of Hormuz | The Business Standard
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The Business Standard

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July 11, 2026

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SATURDAY, JULY 11, 2026

Strait of Hormuz

Strait of Hormuz

A pumpjack, used to help lift oil from a well, in the Permian basin near Midland, Texas, U.S. October 8, 2025. Photo: Reuters

Oil prices fall as markets weigh impact of US strikes on Iran

Brent crude futures fell $1.03, or 1.32%, to $76.99 a barrel by 0749 GMT. U.S. West Texas Intermediate crude futures lost 88 cents, or 1.2%, at $72.64 a barrel.

Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the US-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. Photo: File/Reuters

Hormuz shipping risk raised to severe after tankers hit, reviving US-Iran tensions

Smoke rises from a fire after an explosion, amid reports of explosions by Iranian state media, in Bandar Abbas, Hormozgan Province, Iran in this screengrab obtained from a social media video released July 8, 2026. Photo: Social Media/via REUTERS

Iran targets sites in Bahrain, Kuwait after wave of US strikes

The US naval blockade of the Strait of Hormuz has been running for over a month. Photo: Deutsche Welle/US Navy/Planet Pix/ZUMA/picture alliance

US launches new strikes on Iran after reinstating oil sanctions over shipping attacks

Vessels are anchored in the Strait of Hormuz, as seen from Musandam, Oman, 11 June 2026. REUTERS/Stringer

Iran hints preferential treatment for 'friendly' countries under proposed Hormuz fee system

Vessels at the Strait of Hormuz, as seen from Musandam, Oman on 18 June 2026. photo: Reuters/Stringer

US, Iran talks conclude in Doha, focused on Strait of Hormuz

Vessels at the Strait of Hormuz, as seen from Musandam, Oman on 18 June 2026. photo: Reuters/Stringer

Iran says held first meeting with Oman on managing Hormuz

3D-printed oil pump jacks and the QatarEnergy logo appear in this illustration taken March 2, 2026. Photo: Reuters

QatarEnergy says it may halve LNG supply to Bangladesh in 2026

Illustration: Ashrafun Naher Ananna/TBS Creative

Stranded for 115 days, oil tanker resumes voyage to Bangladesh after crossing Strait of Hormuz

Vessels at the Strait of Hormuz, as seen from Musandam,Oman, 25 June, 2026. REUTERS/Stringer

Fresh ship struck in Hormuz as Iran, US trade attacks in worst escalation since peace deal

Vessels sail through the Strait of Hormuz, Musandam, Oman, on 20 May 2026. Photo: Reuters

UN halts escort of ships through Hormuz after vessel comes under attack

Vessels at the Strait of Hormuz, as seen from Musandam, Oman on 18 June 2026. photo: Reuters/Stringer

Iran reasserts its right to control shipping in Strait of Hormuz after ship hit near Oman

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, 24 June 2026. REUTERS/Stringer

UN halts escort of ships through Hormuz after vessel comes under attack

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