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The Latest Breaking News from the Strait of Hormuz

Iran-US sign 14-point deal at Versailles: In 1919, the same place hosted a treaty after World War I that created conditions for World War II

Iran-US Deal: US President Donald Trump and Iranian President Masoud Pezeshkian signed a 14-point Memorandum of Understanding at France's Palace of Versailles, aiming to end hostilities and setting a 60-day negotiation timeline. The agreement includes commitments on military operations, the Strait of Hormuz, Iran's nuclear program, and sanctions relief, marking…

The Economic Times

Iran to start charging fee in Strait of Hormuz after 60-day negotiation window: Report

Iran plans maritime transit fees for the Strait of Hormuz post-US agreement, despite ongoing regional tensions. Israel reaffirms its security zone in Lebanon and commitment to preventing Iran's nuclear ambitions. The US urges a ceasefire, while Iran seeks regional support for reconstruction. Economic recovery for Iran is expected to be…

The Times of India

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

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Oil falls as supply starts moving through Strait of Hormuz

Oil prices dipped Friday as tankers resumed passage through the Strait of Hormuz following a U.S.-Iran peace deal. The agreement is expected to release millions of barrels of oil and lift sanctions, increasing global supply. While some producers are ready to resume exports, ongoing conflict in Lebanon casts doubt on…

The Economic Times

Global Market Today: Asian stocks hit record highs, oil heads for weekly loss

Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflation. This development, coupled with positive semiconductor news, boosted investor confidence. Lower energy costs are also easing concerns about future interest rate hikes.

The Economic Times

Business sector welcomes Iran pact

Businesses and economists took a deep breath after the US and Iran signed off on a deal to end their war and reopen the Strait of Hormuz, lifting optimism as oil prices fell, which could ease inflation and support potential economic growth.

Bangkok Post

Trump Warns of Fuel Collapse Without Iran Deal Weeks After Boasting US 'No Longer Needs Middle Eastern Oil'

President Trump warns of a global oil crisis at the G7 summit, contradicting earlier claims of US energy independence. The crisis stems from Iranian disruptions and declining US oil reserves.

International Business Times UK

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US lifts blockade of Iran and Iranian supreme leader endorses direct talks with American officials

The U.S. lifted its blockade of Iran, and oil tankers began freely moving through the Strait of Hormuz after months of being unable to use the critical channel

AAP

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

US stocks: US market's indexes advance with boost from chips, Iran optimism

U.S. stock indexes rose Thursday, led by semiconductor shares and easing inflation fears, despite anticipated Federal Reserve interest rate hikes. Intel surged to a record high after President Trump announced a deal for U.S.-based chip design and manufacturing. Oil prices slid as the U.S. and Iran extended an interim agreement,…

The Economic Times

US forces lift Iran ports blockade as uncertainty clouds planned Switzerland talks

The US lifted its blockade of Iranian ports on Thursday after US President Donald Trump and Iran President Masoud Pezeshkian signed an interim peace deal to end the US-Israeli war on Iran. But uncertainty surrounded Friday's planned talks in Switzerland as both sides prepared for negotiations on Tehran’s nuclear programme.

France 24

UK-France Strait of Hormuz mission fills US mine clearance gap, says Nato chief

The planned operation aims to protect and reassure vessels using the strategic sea route with the ending of hostilities

Evening Standard

Mixed signs of peace: 3 Saudi oil tankers cross Hormuz, Israel strikes Lebanon

Vice president JD Vance said he plans to travel to Switzerland for talks on the Iran deal but he doesn't know when that will happen. He had been expected to lead talks on implementing the agreement with Iran aimed at diluting its stockpile of highly enriched uranium and restarting oil…

The Economic Times

JD Vance Takes Aim At Israeli Officials Over Criticism Of Iran Deal: 'Wake Up'

Vice President JD Vance took aim at Israel over discontent with the memorandum of understanding with Iran to end the war and reopen the Strait of Hormuz.

International Business Times

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The Independent UK

There are many questions about the Iran deal. Here are (some) answers.

The agreement struck between the United States and Iran aims to end the war, reopen the Strait of Hormuz, ease sanctions on the Islamic Republic and relaunch nuclear talks with a 60-day deadline

AAP

U.S. lifts blockade of Iran and Iranian supreme leader endorses direct talks with American officials

The U.S. lifted its blockade of Iran, and oil tankers began freely moving through the Strait of Hormuz after months of being unable to use the critical channel

AAP

Iranian supreme leader endorses direct negotiations with the US

Iranian Supreme Leader Ayatollah Mojtab Khamenei endorsed direct negotiations with the U.S. late Thursday in a statement read by state media

France 24

US-Iran deal: Key questions remain over status of Strait of Hormuz

The reopening of the Strait of Hormuz is at the heart of the Memorandum of Understanding (MOU) signed by the United States and Iran. Under the terms of the deal, the US will immediately lift its blockade of Iranian ports. The Islamic Republic, for its part, will reopen the Strait…

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AAP

Stranded ships have begun transiting the Strait of Hormuz, maritime data company says

Maritime data company Lloyd's List Intelligence says major shipowners have begun moving vessels through the Strait of Hormuz

The Economic Times

'All US blockade enforcement efforts have ceased': Centcom lifts blockade on ships to, from Iranian ports

Big news out of the Middle East! The US has officially lifted its blockade on ships going to and from Iranian ports. Central Command confirmed this major development, signaling a significant shift in maritime operations and potentially easing tensions in the region. This move could have wide-ranging implications for international…

The Conversation

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 Economic Times

Brent crude oil price touches pre-Iran war lows after ceasefire deal

Oil prices have fallen significantly. This is due to a preliminary agreement between the United States and Iran. The deal aims to reopen the Strait of Hormuz and lift sanctions. This is expected to boost global oil supply. Analysts anticipate a gradual recovery in oil flows. Some experts believe prices…

AAP

US allows more than a dozen ships through to Iranian ports, lifting blockade under deal, Vance says

Vice President JD Vance says the U.S. Navy has allowed more than a dozen ships through to Iranian ports, lifting a blockade as part of an agreement to end the war

The Economic Times

Vance says 12.5 million barrels oil moved as Iran deal enters 60-day phase

Oil flow through the Strait of Hormuz reached its highest level since late February. US Vice President JD Vance stated a US-Iran agreement has entered a 60-day implementation period. The US Navy allowed ships access to Iranian ports, lifting a blockade. This move demonstrates Washington honoring its commitments.

AAP

Maritime data company says stranded ships have begun transiting the Strait of Hormuz

Maritime data company Lloyd's List Intelligence says major shipowners have begun moving vessels through the Strait of Hormuz

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