Strait of Hormuz

South Korea's foreign ministry said debris from unidentified airborne objects that struck the Korean cargo ship HMM Namu in the Strait of Hormuz will soon arrive in Seoul for detailed analysis.

May 10, 2026 Ti AI ṣe iroyin

A South Korean investigation has confirmed that two unidentified flying objects struck the HMM Namu in the Strait of Hormuz last Monday, causing an explosion and fire. The findings have prompted Seoul to review participation in a U.S.-led security initiative.

The U.S. military sank six Iranian small boats and defeated cruise missile and drone attacks in the Strait of Hormuz on Monday, allowing two American-flagged merchant ships to complete a safe transit under President Trump's 'Project Freedom' initiative. Separate incidents included an explosion on a South Korean-operated vessel and Iranian missile and drone strikes on the UAE—the first since the early April ceasefire—with the UAE reporting interceptions and casualties.

May 04, 2026 Ti AI ṣe iroyin

Iran's Islamic Revolutionary Guard Corps (IRGC) released a new map showing areas of the Strait of Hormuz under their naval control. The announcement comes amid tensions with the US, including a missile strike on an American frigate. IRGC spokesperson stated there is no change in overall strait management.

Iranian Foreign Minister Abbas Araghchi met Russian President Vladimir Putin in St. Petersburg on Monday, as President Donald Trump reviewed a new Iranian proposal on the Strait of Hormuz. Putin expressed strong support for Iran amid its conflict with the US and Israel. The visit follows Araghchi's diplomatic tour of Pakistan and Oman.

April 25, 2026 Ti AI ṣe iroyin

Oil prices closed mixed on Friday after early gains but surged for the week amid persistent Strait of Hormuz supply disruptions. Following mid-week stall in US-Iran talks that pushed prices above $100, traders monitor potential progress while fearing escalation. WTI crude settled around $95 per barrel.