Strait of Hormuz – Page 19 – War Watch

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Oil price tops $126 a barrel after Trump warns Iran blockade could last ‘months’
ByMark Saunokonoko April 30, 2026April 30, 2026

Markets spooked as US president appears willing to keep up naval blockade and Iran keeps strait of Hormuz all but shutBusiness live – latest updatesThe global oil price has soared above $126 a barrel, its highest level since 2022, after Donald Trump sa…

Read More Oil price tops $126 a barrel after Trump warns Iran blockade could last ‘months’
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The Guardian view on the UAE quitting Opec: whatever importers pay, the price of fossil fuels is too high | Editorial
ByEditorial April 29, 2026

The world must accelerate the shift to renewables, regardless of the economic effects of Abu Dhabi’s decisionOpec appears to be the latest casualty of the Iran war. On Tuesday, the United Arab Emirates announced that it was leaving the oil cartel after…

Read More The Guardian view on the UAE quitting Opec: whatever importers pay, the price of fossil fuels is too high | Editorial
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Britain to create joint naval force with nine European countries as ‘complement’ to Nato
ByDan Sabbagh Defence and security editor April 29, 2026

Royal Navy chief says unified naval force will deter future Russian threats from the ‘open sea border’ to the northBritain has agreed to create a unified naval force with nine European countries to deter future Russian threats from the “open sea border…

Read More Britain to create joint naval force with nine European countries as ‘complement’ to Nato
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Loss of Emirates Further Weakens OPEC’s Influence
ByIvan Penn and Rebecca F. Elliott April 29, 2026April 29, 2026

The exit of the United Arab Emirates is the most significant in a series of departures from the oil cartel in recent years.

Read More Loss of Emirates Further Weakens OPEC’s Influence
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Calls for humanitarian corridor through strait of Hormuz as Iran war hits vital aid
ByRebecca Root April 29, 2026

Soaring oil prices and the blockade are preventing food, fuel and medicine being delivered to millions of people in desperate need, say NGOsThe volatility of global oil prices caused by the US and Israel’s war on Iran is taking a toll on the most vulne…

Read More Calls for humanitarian corridor through strait of Hormuz as Iran war hits vital aid
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Fears of resurgence in Somali piracy after three vessels hijacked in a week
ByMohamed Gabobe in Mogadishu and Rachel Savage April 28, 2026

Pirates appear to be taking advantage of international naval strength being diverted to Middle EastThree vessels have been hijacked off the coast of Somalia in the past week, raising fears of a resurgence in piracy around the Horn of Africa, and adding…

Read More Fears of resurgence in Somali piracy after three vessels hijacked in a week
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Russian oligarch’s superyacht allowed through strait of Hormuz, source says
ByReuters April 28, 2026

Billionaire Alexei Mordashov’s vessel, Nord, reportedly able to cross blockaded strait with US and Iranian approvalA superyacht owned by the Russian billionaire Alexei Mordashov was able to transit the blockaded strait of Hormuz after undergoing maint…

Read More Russian oligarch’s superyacht allowed through strait of Hormuz, source says
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UAE quits Opec in win for Trump as oil cartel weakened
ByReuters April 28, 2026April 28, 2026

US president has accused organisation of ‘ripping off the rest of the world’ by inflating oil pricesThe United Arab Emirates has quit the Opec oil cartel after 60 years of membership, in a heavy blow to the group and its de facto leader, Saudi Arabia, …

Read More UAE quits Opec in win for Trump as oil cartel weakened
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Luxury Yacht Linked to Russian Oligarch Passes Through Strait of Hormuz
ByLynsey Chutel, Ivan Nechepurenko and Jenny Gross April 28, 2026

The Nord, a 464-foot vessel, appears to be tied to Aleksei A. Mordashov, a Russian steel mogul who is under American and European sanctions.

Read More Luxury Yacht Linked to Russian Oligarch Passes Through Strait of Hormuz
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UAE Says It Will Leave OPEC as Iran War Strains Oil Markets
ByVivian Nereim April 28, 2026April 28, 2026

The Gulf government has long complained about the group’s quotas, which officials believe unfairly limited its exports. Its departure is expected to weaken OPEC’s influence.

Read More UAE Says It Will Leave OPEC as Iran War Strains Oil Markets