- Hormuz Strait crisis: US strikes and Houthi attacks escalate
- The US-Iran conflict is driving up energy prices and prompting negotiations to ease shipping restrictions through the Strait of Hormuz.
Negotiations are underway regarding a peace deal framework to restore commercial shipping in Hormuz, with potential formalization through a UNSC resolution.
6 reports, 6 independent
Updated May 27
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What happened
Negotiations are underway regarding a peace deal framework to restore commercial shipping in Hormuz, with potential formalization through a UNSC resolution.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Market analysts and Marco Rubio commented on the status of the US-Iran peace deal amid Persian Gulf clashes.Sub-event
Peace talks regarding commercial shipping restoration in Hormuz are underway, with UNSC formalization possible.1 source
Negotiations regarding commercial traffic resumption in Hormuz hit a snag over draft memorandum terms.1 source
US demands commitments on naval blockades as framework talks move toward a binding resolution.1 source
UNSC talks address nuclear programs, shipping, and military presence framework.1 source
Keep exploring
Part of
The US-Iran conflict is driving up energy prices and prompting negotiations to ease shipping restrictions through the Strait of Hormuz.Also in this story
- Following US/Israeli attacks that shut the Strait of Hormuz, OPEC+ members are discussing capacity to increase oil output.
- Iran demands that commercial shipping through the Strait of Hormuz must be restored.
- Talks regarding a maritime trade blueprint in the Strait of Hormuz have stalled, emphasizing the strait's critical role as an energy transit choke point.
- US strikes on Iranian military sites in Hormuz coincide with ongoing fighting involving Hezbollah, driving up global energy prices.
Within Hormuz Strait crisis: US strikes and Houthi attacks escalate
The entities involved
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United Nations Security Council
one of the six principal organs of the UN, charged with the maintenance of international peace and security
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Hormuz
city in Hormozgan Province, Iran
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Marco Rubio
72nd United States Secretary of State since 2025