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The Latest Breaking News from the Strait of Hormuz

US at odds with allies over how easy it is to reopen Hormuz

Global leaders are meeting to discuss the Strait of Hormuz. US President Donald Trump expects it to reopen soon. However, European allies are cautious. They need clarity on an interim agreement with Iran before committing to de-mining and patrols. The situation remains complex, with differing timelines and potential challenges ahead…

The Economic Times

GIFT Nifty signals muted start for Dalal Street amid cautious trade

Indian stock markets saw a rally mirroring global trends. Investors reacted positively to news of a US-Iran ceasefire agreement and the reopening of the Strait of Hormuz. The Nifty closed higher, though trading remained within a narrow range. Analysts are watching the 24,000 mark as a key resistance level.

The Economic Times

Congress must review Iran agreement, senators say

Congress needs to be able to review the agreement between the Trump administration and Tehran that is intended to end the Iran war, senators in both parties said Monday. President Donald Trump announced Sunday that the United States and Iran had reached a memorandum of understanding to end the war,…

Roll Call

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The Strait of Hormuz is finally reopening, but energy flows may not get back to normal until next year

“Our working assumption is that ~80% of energy flows will resume by the end of Q3, but a return to ‘normal’ could stretch into 2027.”

Fortune

Mideast truce 'positive news'

Prime Minister Anutin Charnvirakul welcomed the reported ceasefire agreement between the United States and Iran, describing it as a positive development that could help ease global uncertainties and support economic stability.

Bangkok Post

Ceasefire news lifts trading sentiment

Stock market analysts and gold traders are bullish on the newly struck deal to end the three-month-long US-Iran war, pinning hopes on the Strait of Hormuz being opened on Friday to ease inflationary and cost pressures for the Thai economy and businesses.

Bangkok Post

Trump’s US-Iran ceasefire deal is a costly return to prewar conditions – and resolving nuclear questions will run into the ‘indivisibility problem’

Shehbaz Sharif, the prime minister of Pakistan, which served as the key negotiator between the U.S. and Iran, announced on June 14, 2026, that the two sides had agreed on a deal to end the war. It will be officially signed on June 19 in Switzerland.

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Stocks Jump Buoyed By U.S-Iran Deal To End War And Reopen Hormuz Strait

Stocks jumped on Monday, buoyed by the agreement between the U.S. and Iran to end the war and reopen the Strait of Hormuz.

International Business Times

Iran deal: Trump is back to square one, but the cards are now in Tehran’s favor

The signing of the Islamabad Memorandum of Understanding (MoU) between the US and Iran on Monday has been welcomed by the international community after a devastating three-month war. The agreement was announced on June 14, President Donald Trump’s birthday, but the biggest beneficiary, experts say, is the Iranian regime.

France 24

ET Graphics: What the US and Iran say in the memorandum to end Iran war

The US and Iran, with Pakistan as mediator, have announced a preliminary deal to end the war, with an immediate cessation of military operations and the reopening of the Strait of Hormuz. Negotiations on Iran's nuclear program and US sanctions will follow within 60 days.

The Economic Times

Bitcoin Tops $65,000 As U.S.-Iran Hormuz Deal Sparks Rally Across Riskier Assets

Bitcoin climbed above $65,000 on Monday, reaching its highest level in nearly two weeks as investors reacted to an agreement between the United States and Iran to reopen the Strait of Hormuz.

International Business Times

Qatar gave Iran billions to keep its ships safe under secret deal backed by US: Report

Qatar secretly secured US approval for a financial arrangement with Iran that allowed billions of dollars to flow to Tehran in return for the safe passage of Qatari tankers through the Strait of Hormuz, according to a report cited by The Times of Israel from Israel Hayom.

The Times of India

'Start your engines'? Shippers wary on Hormuz reopening

Shipping groups are hesitant to resume sailing through the Strait of Hormuz. An agreement between the US and Iran promises its reopening. However, details on safe routes and timings are lacking. Hundreds of ships remain stuck in the Gulf. Leaders urge caution as the strait's de-mining is underway.

The Economic Times

Even with a deal to reopen the Strait of Hormuz, it could take weeks or months for oil to fully flow

The tentative agreement to end the war in Iran and reopen the Strait of Hormuz would be good news for the global economy

The Independent UK

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The Economic Times

Ships are starting to move through Hormuz: Trump

US President Donald Trump announced ships are now safely navigating the Strait of Hormuz, following a digital agreement to end a 107-day war with Iran. He stated the waterway will be "permanently toll-free" and indicated a formal peace deal signing is set for Friday in Switzerland. Trump also outlined potential…

The Independent UK

Trump says US-Iran peace deal signed but Israel rules out withdrawing from Lebanon

Israel and the United States appeared at odds over Lebanon, where the Israeli military continued to operate on Monday

The Economic Times

Middle East oil and gas output will take months to fully recover

A landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already caused oil prices to drop. However, industry experts warn that restoring oil production and refinery operations to their previous levels will be a lengthy process, potentially…

The Economic Times

IMF chief says no global slowdown in sight yet, but risks are high

The global economy is holding strong despite the Middle East war. Commodity prices and inflation have risen, but a global slowdown is not yet evident. The IMF chief noted a recent agreement to reopen the Strait of Hormuz. An updated economic forecast is due soon. The IMF previously outlined scenarios…

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International Business Times UK

Oil Bosses Warn US Reserves Are Hitting 'Tank Bottom' as the White House Calls the Claim False

Oil executives warn the Trump administration of rapidly depleting fuel reserves due to the Strait of Hormuz disruption, but the White House dismisses these concerns despite supporting federal data.

The Economic Times

India's trade with West Asia gradually improving: Commerce Secy

India's trade with West Asia faced disruptions in May due to the US-Iran conflict. Exports saw a slight dip but are recovering. Imports also declined significantly. The conflict impacted shipping routes like the Strait of Hormuz. Despite challenges, Indian exporters are utilizing Omani ports. A peace deal between the US…

International Business Times

Removing All Mines From The Hormuz Strait To Allow Safe Shipping Could Take Weeks: Report

Removing all mines from the Strait of Hormuz to ensure the key waterway is safe for shipping could take weeks even after a deal between the U.S. and Iran to end the war, according to a new report.

The Economic Times

US stocks: Dow hits record high on Iran deal optimism, lower oil prices

Major Wall Street indexes surged at the open on Monday following a preliminary agreement between Washington and Tehran to resolve the Middle East conflict and reopen the Strait of Hormuz. This development triggered a significant drop in crude oil prices, boosting investor confidence across the board.

We Got This Covered

Secretary of the Interior claims high gas prices are Democrats’ fault and in some states, ‘self inflicted’

“You can thank Gavin Newsom for that.”

The Times of India

Over $40bn, thousands of deaths & global fuel crisis: What it cost US and the world to 'open' Strait of Hormuz

A costly US military operation, dubbed 'Epic Fury,' aimed at reopening the Strait of Hormuz has resulted in billions spent, hundreds of aircraft lost, and thousands of lives lost across the region. Despite the immense price, Iran maintains the strait was never closed, highlighting a stark paradox in the conflict's…

The Independent UK

The Latest: G7 leaders likely to discuss Iran and Ukraine at summit in France

World leaders are gathering in a French spa town for a Group of Seven summit

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