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Strait of Hormuz Remains Largely Closed as US-Iran Tensions Escalate Despite Extended Ceasefire

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Strait of Hormuz Traffic Near Standstill Despite US-Iran Ceasefire: Only

WASHINGTON — The Strait of Hormuz, the world’s most critical energy chokepoint, stayed effectively closed to normal commercial traffic Sunday as U.S. naval forces hunted Iranian mines and Iran continued seizing vessels, even as a fragile ceasefire entered its third week and indirect talks resumed in Pakistan.

U.S. officials confirmed Saturday that Navy teams are actively clearing explosive mines laid by Iranian forces, describing the operation as part of a broader push to reopen the waterway through which roughly one-fifth of global oil and significant liquefied natural gas volumes normally pass. Defense Secretary Pete Hegseth said the U.S. blockade of Iranian ports is “growing and going global,” with a second aircraft carrier expected to join operations soon.

President Donald Trump has ordered U.S. forces to “shoot to kill” any Iranian small boats attempting to lay additional mines, while maintaining that the naval blockade will remain in place until Tehran submits a comprehensive proposal acceptable to Washington. Trump extended the ceasefire indefinitely at Pakistan’s request but insisted no full reopening of the strait would occur without verifiable Iranian compliance.

Iran has pushed back aggressively. Foreign Minister Abbas Araghchi and other officials declared the strait “open” for limited traffic earlier in the ceasefire but reversed course after accusing the U.S. of violating terms with its port blockade. Iranian forces seized at least two container ships this past week — the MSC Francesca and EPAMINONDAS — claiming they violated maritime rules, and fired on another vessel. Video released by Iranian state media showed commandos boarding one ship in dramatic fashion.

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Shipping data reflects the paralysis. Traffic through the strait has ground to a halt or remained far below pre-conflict levels, with only isolated shadow fleet movements reported. War-risk insurance premiums have skyrocketed, reviewed every 48 hours, and many tanker owners have rerouted vessels at massive extra cost. Asian buyers, particularly China, Japan and South Korea, have turned heavily to U.S. energy exports as a result.

Oil prices have reacted sharply to the uncertainty. Brent crude held above $100 per barrel for much of the past week, briefly topping $105, while West Texas Intermediate traded near $95. The sustained disruption has added billions to global energy costs and raised fears of broader economic fallout if the standoff drags into summer.

High-level diplomacy continues in Islamabad. U.S. envoys Steve Witkoff and Jared Kushner arrived for mediated talks with Iranian representatives, though both sides precondition talks on ending the other’s restrictions. Iran demands the U.S. lift its blockade first; Washington insists the strait must open fully and safely before further concessions.

Hegseth has publicly urged European and Asian allies to contribute naval assets, declaring the era of “free-riding” over. Many allies have declined direct involvement while the conflict remains active, citing risks and domestic politics. Retired U.S. Navy officers expressed confidence that Iranian small boats and mines cannot permanently shut the strait but acknowledged the current hybrid tactics create dangerous uncertainty.

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The humanitarian and environmental toll mounts. Limited shipping has caused fuel shortages in parts of the region, while earlier oil spills from attacks linger. Global supply chains face rerouting delays, higher costs and inflation risks, particularly for energy-dependent economies in Europe and Asia.

Analysts warn that prolonged closure could push Brent averages well above $100 for the year, slowing global growth. Some forecasts suggest a full reopening might take weeks even if a diplomatic breakthrough occurs, given the need for mine clearance and confidence-building measures.

Inside Iran, hardliners tied to the Revolutionary Guard appear emboldened by the ability to harass shipping despite U.S. naval superiority. Mojtaba Khamenei, who assumed supreme leadership after his father’s death in the initial strikes, faces internal pressures to show strength while pragmatists push for sanctions relief.

The U.S. military presence in the region is the largest since the 2003 Iraq invasion, with multiple carrier groups, submarines and air assets on station. CENTCOM has reported intercepting vessels attempting to breach the blockade, though no major naval clashes have occurred since the ceasefire took hold in early April.

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For global markets, the strait’s status remains the dominant risk factor. Energy traders watch every statement from Washington and Tehran, while shipping firms weigh the growing insurance and security costs. Some limited shadow fleet activity persists, but legitimate commercial traffic has largely avoided the area.

As talks continue this weekend in Pakistan, both sides appear dug in. Trump has signaled no rush, saying the U.S. holds leverage through its blockade and energy exports. Iranian officials insist they will not negotiate under duress. A breakthrough could dramatically ease energy prices; failure risks renewed escalation and even higher oil costs heading into summer driving season.

The Strait of Hormuz, long a geopolitical flashpoint, now sits at the center of a high-stakes test of wills. With mines being cleared, ships seized and diplomacy grinding forward, the world’s energy arteries remain constricted — a daily reminder of how quickly conflict in the Gulf can ripple across the global economy.

This story is developing rapidly. Updates are expected from Islamabad talks, naval operations and energy markets in the coming days.

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Amprius Technologies: Growth Continues To Impress, But Valuation Is Getting Lofty

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Amprius Technologies: Growth Continues To Impress, But Valuation Is Getting Lofty

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David focuses on growth & momentum stocks that are reasonably priced and likely to outperform the market over the long-term. He is a long term investor of quality stocks and uses options for strategy. David told investors to buy in March 2009 at the bottom of the financial crisis. The S&P 500 increased 367% and the Nasdaq increased 685% from 2009 through 2019. He wants to help make people money by investing in high-quality growth stocks.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of QS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

The article is for informational purposes only (not a solicitation or recommendation to buy or sell stocks). David is not a registered investment adviser. Investors should do their own research or consult a financial adviser to determine what investments are appropriate for their individual situation. This article expresses my opinions, and I cannot guarantee that the information/results will be accurate. Investing in stocks involves risk and could result in losses.

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Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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I'm Not Ready To Write A Check For Visa, Earnings Preview

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I'm Not Ready To Write A Check For Visa, Earnings Preview

I'm Not Ready To Write A Check For Visa, Earnings Preview

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Tyneside care training provider opens India base

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The facility is the first outside of the UK for Training in Care

Dr Angela Brown, founder and CEO of Training in Care.

Dr Angela Brown, founder and CEO of Training in Care.(Image: Creo Comms)

South Shields firm Training in Care has launched its first centre outside of the UK with a move to target the Indian market.

The provider of industry courses in South Tyneside and Sunderland has signed a Memorandum of Understanding (MoU) with the Guardian Angel Institute of Caregiving, which has 300 carers in the Kerala region and has provided care to thousands since its launch 2012. Working with Institute, the firm aims to upskill workers from across the country’s care sector.

Training in Care says it aims improve the quality of life for care receivers in India and address problems in the UK’s domestic care sector by sharing knowledge and best practice. The company has also entered into a two-year knowledge transfer partnership (KTP) with University of Sunderland to support the move.

Dr Angela Brown, founder and CEO of Training in Care, said: “Opening our first training centre outside of the UK is an incredibly proud moment for everyone associated with the business. Over the past 27 years, we’ve helped thousands of people gain the skills required to enter or progress their career in the care sector, so we’ve seen first-hand the challenges and opportunities facing the industry.

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“For example, while we have made real in-roads in the UK to ensure our carers have the required social care skills to enter the industry, for too long we have overlooked the need for basic healthcare skills, which is something that is seen as essential for anyone working in the industry in India. At the same time, their care sector hasn’t adopted the same quality of care standards which we have.

“This is why initiatives like this are so important, as it will allow peers in both countries to share best practice and knowledge and ensure that the tens of millions of people receiving care in both countries receive the best possible care and support. It fills us with immense pride to be expanding internationally and to be working alongside the fantastic teams at Guardian Angels and University of Sunderland. We can’t wait to get started.”

Announcing the partnership, Dr Usher Titus, chair of Kerala’s Additional Skill Acquisition Programme, an initiative led by the Higher Education Department, said: “On one side, we have an institution rooted deeply in care and clinical excellence – Guardian Angel Institute of Caregiving – shaping compassionate, skilled professionals here in India. And on the other hand, we have a globally respected name – Training in Care – with decades of expertise and internationally recognised standards.

“They bring a system that ensures that caregiving is not just practiced, but it is perfected. And I can undoubtedly say that individually, they represent excellence. And together, they are going to represent something far greater – a bridge, a pathway, an opportunity for the aspiring caregivers to step beyond borders, to learn, to grow. It’s not just a collaboration; it’s the beginning of a global pathway for a career in caregiving.”

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Dr Derek Watson, associate professor in cultural management at University of Sunderland, said: “Securing a KTP with Training in Care, worth £200,000, is predicated around the University of Sunderland actively supporting UK organisations and clearly demonstrating that the University has the commercial expertise to tangibly grow businesses.

“Our relationship with Training in Care has been actively nurtured over several years and we are delighted in that this is Training in Care’s first KTP. The two-year project will focus on strategic growth in terms of profit, innovation, and global market expansion. It will also continue to provide a reciprocal gateway to enrich our student commercial insights as they observe Training Cares growth.”

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ServiceNow Stock: Don’t Throw The Baby Out With The Bathwater (NYSE:NOW)

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ServiceNow Stock: Don't Throw The Baby Out With The Bathwater (NYSE:NOW)

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For almost a decade, I held research analyst positions in various investment firms, mostly in Toronto. I started in sell-side research with a Canadian bank, then moved to a hedge fund, followed by a family office and then finished my career in wealth management. I was 20 on my first day on Bay Street. I will forever remember. I had worked so hard to get there, from a small French-speaking town in Québec. Getting my CFA and CAIA designations by 25 was another important milestone. I was a young man with a dream, wanting to make it big. However, life was about to teach me a painful lesson. Before conquering the world, a man must first conquer himself by going into the depths of his own abyss. Only then may he shed his naivety and become a man truly able to love.For the last four years, I have been living in a yurt in the boreal forest, approximately 100 kilometres away from the closest paved road or grocery store. In a forest full of birds, just beside a lake full of fish. For water, I go to the creek. For heat, there is plenty of white birch and quaking aspen around. If I need anything in town, I have plenty of money for my needs. I am now 30, in love, and as free as the birds in the skies, so what else can I ask for? In all humility, and in all gratitude, I say thank you to this grandiose symphony we call life.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of NOW either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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ACV: Discounted Valuation Means It's Time To Buy (Rating Upgrade)

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ACV: Discounted Valuation Means It's Time To Buy (Rating Upgrade)

ACV: Discounted Valuation Means It's Time To Buy (Rating Upgrade)

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ELD: Current Income And Lower Dollar Beneficiary

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Oil Shock, AI Tailwinds, And Portfolio Shifts Across Emerging Markets

ELD: Current Income And Lower Dollar Beneficiary

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Jobs created as gaming machine supplier strikes key national deal

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Bob Rudd has joined forces with South East-based counterpart SX Leisure for the contract

Bob Rudd has been operating since 1989.

Charlotte and Nick Rudd, of pubs supplier Bob Rudd.(Image: Bob Rudd)

Gambling machine and pool tables specialist Bob Rudd has created jobs on the back of a major contract to supply pubs across the country.

The Tyneside firm has partnered with Witham firm SX Leisure to feed Inspired Entertainment with equipment and servicing to venues, from Northumberland and Cumbria to the West Midlands. The move has created 40 jobs, and will see the two firms supply 1,000 pubs.

Nick Rudd, managing director the Brunswick Village firm, said: “It’s been a busy few months but we couldn’t be happier with how things have gone. Being selected to support a significant portfolio of pub venues previously supplied by Inspired has given us the opportunity to bring our service-first model to even more venues and the feedback from customers has been fantastic.

“It’s a real testament to the dedication of our entire team — both existing staff and new arrivals.”

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He added: “The move has also strengthened staffing — with new colleagues joining the business — and enhanced our ability to provide responsive, high-quality support nationwide. We’re seeing the benefits of scale without compromising the independent, service-led approach for which the business is known.”

Together the two companies have taken on more than 1,800 machines across 1,000 venues with SX Leisure reporting a 30% uptick in business. Greg Wood, director at SX Leisure, said: “It’s been an exciting challenge for both our existing team and those who’ve joined us during this process.

“The response from both our longstanding clients and new venues has been overwhelmingly positive. Our new colleagues have hit the ground running and I can’t thank the entire team enough for delivering the full SX Leisure experience at scale.”

As well headquarters in Witham, SX also has depots in Yeovil and Washington. Mr Wood added: “Our growth has never been taken for granted and this is just the beginning of the next chapter in SX Leisure’s journey.”

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Inspired continues to supply both companies as well as supplying retail gaming and betting businesses — including licensed betting shops, bingo and slots rooms, motorway services and pubs. Ian Shreeve, vice president and general manager gaming sales UK at Inspired said “This partnership has been everything we hoped for.

“Both the Bob Rudd and SX Leisure teams have delivered on every level — providing efficient operations, dependable service and a customer-first mindset. Inspired remains fully committed to the UK pub market and this collaboration ensures that pubs and customers continue to receive the highest-quality games, terminals, service and support.”

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The 1-Minute Market Report, April 26, 2026 (NYSEARCA:SPY)

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My Dividend Stock Portfolio: New February Dividend Record - 100 Holdings With 12 Buys

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I spent 30 years in the institutional trenches as a trader, analyst, and portfolio manager, eventually running the equity trading desk at Northern Trust in Chicago. Those decades shaped my approach: stay disciplined, trust the data, and keep emotion out of the way. Since 2009, when I began publishing my stock selections, my portfolio has delivered solid long term results—compounding in the mid teens annually through 2025. Today I’m a private investor and investing coach, with a rules based framework that helps people build better portfolios. My work focuses on systematic thinking, behavioral awareness, and evidence over opinion. For my market outlook and model portfolio updates, visit zeninvestor.org. .

Analyst’s Disclosure: I/we have a beneficial long position in the shares of NVDA, AVGO, GOOGL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Earnings call transcript: Beiersdorf AG Q1 2026 reports mixed results, stock dips

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Earnings call transcript: Beiersdorf AG Q1 2026 reports mixed results, stock dips

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US intercepts sanctioned merchant vessel in Arabian Sea, Central Command says

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US intercepts sanctioned merchant vessel in Arabian Sea, Central Command says

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