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The Latest Breaking News from Hormuz

Trump news at a glance: President threatens to restart attacks on Iran even as Vance cites progress in talks

Trump warning that Iran ‘won’t have a country’ if it closes strait of Hormuz contrasts with vice-president’s tone seeking to turn over ‘new leaf’ with Tehran – key US politics stories from Sunday 21 June

The Guardian - US

Oil Price Today (June 22): Crude oil rises above $80 as Iran shuts Strait of Hormuz again. What are experts saying?

Brent crude futures rose 54 cents, or 0.67%, to $81.11 a barrel, after briefly touching $82.30 at the start of trading. U.S. West Texas Intermediate (WTI) crude futures gained $2.02, or 2.64%, to $78.62 a barrel ahead of the contract's expiry later on Monday.

The Economic Times

US Centcom says Iran does not control Hormuz after Tehran closes strait over Israeli strikes in Lebanon

Iran has declared the Strait of Hormuz closed following Israeli strikes in Lebanon, citing violations of a ceasefire. However, the US Central Command disputes Iran's control over the vital waterway, emphasizing its commitment to ensuring uninterrupted maritime traffic. US forces are closely monitoring the situation to safeguard commercial shipping and…

The Economic Times

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US disputes Iranian claims about closing Strait of Hormuz as negotiators head to Switzerland

Crucial peace discussions between the US and Iran kicked off in Switzerland, shadowed by diverging narratives surrounding the Strait of Hormuz. Despite a ceasefire arrangement, Iran's Revolutionary Guard insisted the strait was closed, a statement challenged by the US military, which confirmed ongoing shipping activity. The aim is to forge…

The Economic Times

Oil Tanker Traffic Through Strait Of Hormuz Climbs After US-Iran Deal Reopens Key Shipping Route

Iranian oil tankers that went dark during the conflict have resumed transmitting their locations as crude exports begin moving again.

International Business Times

Hormuz disruption will continue until 80 mines blocking route are cleared

Tanker owner trade body says centre of strait will stay shut for ‘some time’, and vessels forced to hug Omani coast risk running aground

The Guardian - UK

Iran-US war latest: Trump warns Tehran ‘we will take over your country’ if the Strait of Hormuz is closed

US president’s threats come as Vance joins other US officials in Zurich to hammer out peace deal terms with a battery of Tehran's leaders

The Independent UK

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Oil Price Today (June 19): Crude oil falls, heads for 9% weekly loss as shipping in Hormuz Strait begins. What are experts saying?

Brent crude slipped toward $79 a barrel and is down more than 9% for the week. West Texas Intermediate for August was trading near $76 a barrel. This comes after tankers carrying previously stranded cargoes started moving through the waterway on Thursday, while Kuwait said it would begin increasing production.

The Economic Times

U.S. Navy Lifts Iran Blockade After Signing Of Memorandum To End The War

The United States has lifted its blockade on Iranian ports as Iran guarantees freedom of navigation through the Strait of Hormuz.

International Business Times

The Strait of Hormuz is reopening, but global shipping won’t return to normal for months

Iran and the United States are about to sign a peace deal that will reopen the Strait of Hormuz, the narrow waterway that carries about one-fifth of the world’s oil.

The Conversation

Jimmy Kimmel on Trump giving Iran $300bn: ‘Melania’s wondering, ‘How can I get that deal?’’

Late-night hosts discussed the president’s Iran peace deal ‘blunder’ and his poor grasp of geography

The Guardian - US

Shipping industry wary of resuming Strait of Hormuz navigation despite imminent deal

The world's most important energy chokepoint may soon reopen, but insurance markets must regain confidence for the shipping sector to resume normal navigation. Meanwhile, Germany has dispatched two naval vessels for a possible mine clearance operation.

Euronews

$300 billion, sanctions relief, Hormuz reopening: What Tehran gets, what Washington gains from peace deal MoU

The US-Iran peace memorandum of understanding (MoU) outlines a sweeping framework aimed at ending military confrontation, opening the Strait of Hormuz, releasing Iran's frozen assets and providing $ 300 billion for reconstrction and opening the door for long-term negotiations.

The Times of India

Middle East crisis: Trump says US expects ‘complete ceasefire on all fronts, including Lebanon, Hezbollah and Israel’ – as it happened

US president says he encourages Middle East countries to ‘maintain commitment to allowing our negotiations to beautifully unfold’

The Guardian - AU

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The Independent UK

Iran-US war latest: Supreme Leader says Trump made a deal out of ‘desperation’ after US lifts naval blockade

US vice president JD Vance said more than 12 million barrels of oil passed through the Strait of Hormuz last night

The Guardian - AU

Donald Trump’s Iran deal met with anger, relief and incredulity

G7 leaders and mediator Pakistan hailed the release of the memorandum of understanding, views that were not widely shared in Israel and among US Republicans

The Economic Times

What challenges could stand in the way of a final US-Iran deal?

US-Iran war news: High-stakes talks between the U.S. and Iran begin in Switzerland. Negotiators face major challenges including Iran's nuclear program and the Strait of Hormuz. Sanctions relief and frozen assets are also key issues. Disagreements over negotiating styles and deep distrust could derail progress. A comprehensive peace deal within…

The Guardian - US

US-Iran deal takeaways: reopening the strait of Hormuz, waived oil sanctions and Lebanon

US officials have revealed a preliminary memorandum of understanding between Washington and Tehran to end the costly 110-day conflict

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The Mary Sue

Trump Is Boasting About a Secret 100-Million-Barrel Oil Operation That Defies Every Known Rule of Naval Logistics

The Strait of Hormuz was once a predictable artery for global energy supplies. Today, it’s a battleground.

The Economic Times

Iran fires drones at commercial ships in Strait of Hormuz: Israeli Media

The firing took place after the signing of the US-Iran memorandum of understanding (MoU) on Sunday, and the drones were intercepted by the US military ere they posed a threat to commercial or US military ships and personnel.

The Economic Times

Oil tankers u-turn, head back to Middle East as Hormuz reopening nears

In a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuz’s reopening. Shipowners are gearing up for a bustling uptick in maritime commerce, as this vital corridor is on track to become operational again.

Euronews

Ships start to trickle through Strait of Hormuz, but who will run it still in doubt

Trump said the strait would be "completely open" by Friday, but key details over who will manage the crucial waterway remain unresolved. Meanwhile, Iran has made further claims that it will control Hormuz in the future based on its interpretation of the framework deal with the US.

The Guardian - US

So is the US war with Iran over? In a word: no

The much-hyped deal, which is set to be formally signed on Friday in Geneva, doesn’t end the war. It’s essentially a 60-day extension of a ceasefire

The Economic Times

Qatar plans to rapidly restart LNG production after Hormuz opens

Qatar plans to quickly ramp up liquefied natural gas production to nearly full capacity within two months of the Strait of Hormuz reopening. QatarEnergy expects to reach 50% output a month after safe passage is restored, with the remaining capacity to take years to fully recover from recent damage.

The Economic Times

Iran's Pezeshkian calls US-Iran MoU 'a document of national pride' as Geneva signing nears

Iran and Washington have agreed to a memorandum of understanding. This document outlines future engagement between the two nations. Sanctions relief is linked to Iran's nuclear compliance and regional security. The Strait of Hormuz will open immediately. The US naval blockade on Iranian ports will be lifted. Formal signing is…

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