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The Latest Breaking News from the Strait of Hormuz

US military's plan for ground operation to seize Iran's Uranium was paused by Trump: Report

US military leaders secretly briefed on a plan to enter Iran and seize nuclear material. Top General Dan Caine cut short a NATO meeting for these critical briefings. President Donald Trump halted the high-risk operation after warnings of severe Iranian retaliation and US casualties. Discussions about seizing enriched uranium continue…

The Economic Times

US and Iran have agreed to wording of a deal to end their war, Pakistan's Shehbaz Sharif says

Pakistan's prime minister announced the U.S. and Iran have agreed on the wording of a deal to end their Middle East war. Mediators are working to finalize the agreement, which includes provisions for Iran's nuclear program and reopening the Strait of Hormuz. A signing ceremony is anticipated in the coming…

The Economic Times

Trump's proposed Iran peace deal hinges on risky plan of sequenced rewards

A new Iran deal is taking shape. It focuses on reopening the Strait of Hormuz first. Iran will get economic benefits later as it meets US demands. Nuclear program issues are set for future talks. This cautious approach aims to end the conflict. The deal could impact global energy prices…

The Economic Times

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Iran peace deal looms while new military action flares near Strait of Hormuz

The United States and Iran are reportedly close to an agreement to end their war, with both sides agreeing on a text for an initial deal. The proposed memorandum of understanding includes reopening the Strait of Hormuz and lifting the U.S. naval blockade on Iranian ports. Negotiations over Iran's nuclear…

The Economic Times

🔴 Live : Iran says signing of Islamabad memorandum will not take place on Sunday

This liveblog is no longer being updated.

France 24

Iran, Ukraine, Belfast & Albania’s ‘Flamingo Revolution’

In a week that began with President Trump pronouncing that a ceasefire extension was so close with Iran, two or three days max, and that would only take an hour to finalise. Hours later Tehran downed a US Apache helicopter off the Gulf of Oman with the crew rescued from…

France 24

US military helping move 7 million barrels of oil per day out of Persian Gulf, Wright says

Amidst geopolitical tensions, the US military's efforts are securing the departure of seven million barrels of oil each day from the Persian Gulf, dramatically outperforming market anticipations. Currently, no Iranian oil is making its way through the Strait of Hormuz.

The Economic Times

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Stocks See Support from Hopes for a Near-term US-Iran Peace Agreement

The S&P 500 Index ($SPX ) (SPY ) is up +0.58%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.91%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.64%. June E-mini S&P futures (ESM26 ) are up +0.70%, and June E-mini Nasdaq futures (NQM26...

Barchart

Trump blames Iran for attacking Indian ships amid New Delhi fury over US attack that killed three Indian sailors

TOI correspondent from Washington: US President Donald Trump on Friday implicated Iran in alleged drone attacks against Indian ships in the Strait of Hormuz amid growing anger in New Delhi over American missile strikes against vessels that killed three Indian sailors.

The Times of India

Iran insists on control of Hormuz under any deal with US

TEHRAN - Iran insisted on Friday on its right to maintain control over the Strait of Hormuz and enrich uranium under any peace deal with the United States, after President Donald Trump said a draft accord was ready.

Bangkok Post

Stocks See Support from Hopes for a Near-term US-Iran Agreement

The S&P 500 Index ($SPX ) (SPY ) is up +0.29%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.37%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.41%. June E-mini S&P futures (ESM26 ) are up +0.28%, and June E-mini Nasdaq futures (NQM26...

Barchart

Analysis: Iran's stranglehold on Strait of Hormuz loosens as Gulf Arab oil reaches market

Iran’s stranglehold on the Strait of Hormuz may be easing and its own oil problems now seem to be mounting

The Independent UK

Stocks See Downward Pressure Despite Hopes for a Near-term US-Iran Agreement

The S&P 500 Index ($SPX ) (SPY ) is down -0.31%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.53%. June E-mini S&P futures (ESM26 ) are down -0.15%, and June E-mini Nasdaq futures (NQM26...

Barchart

‘Totally unacceptable’: Trump condemns Iran 'drone attack on Indian ships

President Trump condemned Iran for an alleged drone attack on Indian ships in the Strait of Hormuz, labeling the incident "totally unacceptable." He also criticized Iran's communication regarding a separate deal, calling them "dishonorable people" who do not deal in good faith. Trump urged Iran to "get their act together,…

The Economic Times

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Euronews

EU energy ministers eye jet fuel reserves as Strait of Hormuz crisis threatens supply

With the peak summer season drawing near, EU energy ministers are wary that jet fuel supply may be further strained, even as analysts see "sharp movement" towards greater jet fuel production within European refineries.

The Economic Times

Iran insists on nuclear enrichment and control over Strait of Hormuz under any deal with US

Iran insisted on Friday on its right to enrich uranium and maintain control over the Strait of Hormuz under any deal with the United States, after President Donald Trump said a draft accord was ready. Beyond this, according to IRNA, Iran would insist on managing traffic though the Strait of…

The Economic Times

'Must stop': India summons US envoy again after fresh strike on ship with Indian crew

India has summoned the US Charge d'Affaires following attacks on merchant vessels carrying Indian sailors near Oman. Three Indian sailors have died in recent incidents. The Ministry of External Affairs conveyed its deep concern to the American side. India stressed the need for unimpeded access through the Strait of Hormuz.

AAP

Trump calls off latest threats to strike Iran, citing a breakthrough in talks to end the war

U.S. President Donald Trump has called off new military strikes on Iran, hours after threatening to escalate the war

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The Times of India

The deal that could reopen Strait of Hormuz: What Trump and Iran are negotiating

The US and Iran have tentatively agreed on a memorandum of understanding that would reopen the Strait of Hormuz and pause fighting for 60 days, but the deal still needs final approval from Iran's supreme leader, according to officials cited by Axios.

The Economic Times

Why are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise again? Market reacts to Iran peace deal hopes and rate concerns

Why are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise again? Oil, gold and silver prices moved lower after reports that the United States and Iran could reach a peace agreement. Brent futures and US…

The Independent UK

Iran-US war latest: Trump says ‘let the oil flow’ as he announces peace deal with Tehran

The Pakistan-mediated peace deal will be formally signed in Switzerland later this week

The Economic Times

Why market rallied today? Sensex zooms 1,700 points, Nifty closes above 23,600. 4 key factors behind Rs 10 lakh crore gains

Sensex and Nifty surged 2% each, adding Rs 10 lakh crore in market cap, as easing oil prices and US-Iran peace hopes boosted sentiment. Broad-based gains, a stronger rupee and global market rally supported the upmove, while analysts remain cautious on geopolitical risks.

The Economic Times

BPCL, HPCL, IOCL shares rally up to 4% as oil prices hit two-month low. What are experts saying?

Indian oil marketing stocks surged as crude oil prices dropped to a two-month low amid reports of a potential US-Iran peace deal. HPCL, IOCL, and BPCL shares gained significantly on Friday. Experts, however, caution that full oil market normalization could take years even if a deal is reached.

France 24

US deal covers ending naval blockade, Hormuz will not return to pre-war era, Iran’s FM says

Iranian Foreign Minister Abbas Araghchi on Friday said a draft deal with the US included ending a naval blockade of Iran's ports. Tehran has decided that the administration of the Strait of Hormuz "will not return to the pre-war era", Araghchi added. Read about the day’s events as they unfolded…

The Economic Times

Hormuz oil traffic rebounds as Gulf exporters find workarounds: Report

Oil shipments through the Strait of Hormuz are increasing for non-Iranian producers. This surge occurs despite ongoing tensions between Washington and Tehran. Iranian oil exports have significantly decreased. This situation impacts global oil prices. Traders are closely watching future transits. The US continues actions against vessels approaching Iranian ports.

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