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The Latest Breaking News from the Strait of Hormuz

Government may lift fuel-supply safeguards once West Asia crisis abates: Official

India plans to ease emergency energy measures as global tensions subside. These steps were taken to ensure fuel availability amid West Asia conflicts. An interim agreement between the US and Iran could normalize shipping through the Strait of Hormuz. This will significantly benefit India, a major energy importer. The government…

The Economic Times

US-Iran ink MoU, real test begins now: A defiant Israel can still derail peace efforts

A new US-Iran deal, brokered by Pakistan, aims to end a costly war and reopen vital sea lanes. The 'Islamabad MOU' includes lifting sanctions and withdrawing US forces, while Iran reopens the Strait of Hormuz. However, analysts warn the pact is fragile, with Israel's non-participation posing a significant risk to…

The Times of India

First tankers cross Strait of Hormuz after Iran deal

Three ships have sailed through the Strait of Hormuz following a US-Iran deal to end their war, but Israeli strikes stir doubt about peace efforts in Lebanon.

AAP

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Stocks Rally Before the Open on U.S.-Iran Peace Deal

June S&P 500 E-Mini futures (ESM26) are up +0.98%, and June Nasdaq 100 E-Mini futures (NQM26) are up +1.64% this morning, pointing to a sharply higher open on Wall Street as sentiment got a boost after U.S. President Donald Trump signed a preliminary agreement to end the Iran war.

Barchart

US and Iran sign deal, but who really won? Here's what to know

Trump signed the framework deal at Versailles while Pezeshkian signed in Tehran, pledging to reopen the Strait of Hormuz and triggering 60 days of further talks. Analysts say the terms leave Tehran in a stronger position than the deal's framing suggests.

Euronews

'Catastrophic capitulation': Why US and Israel are the biggest losers in Iran deal

PRESS REVIEW – Thursday, June 18: An Israeli paper slams the US's deal with Iran as a "catastrophic capitulation". While Trump sees the US as the big winner, the press says Iran's chokehold on the Strait of Hormuz shows that it has set a new status quo. Also, EU leaders…

France 24

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

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Oil sinks further as Trump and Pezeshkian sign deal to end Iran war

Crude prices fell further on Thursday after the US and Iran formally signed a memorandum of understanding aimed at ending the war and reopening the Strait of Hormuz, while equity markets gave a mixed verdict in the wake of the Federal Reserve's latest decision.

Euronews

At the mercy of Silicon Valley? Europe exposed by Trump AI export ban

Is it better to persuade or to confront? French leader Emmanuel Macron is opting for the royal treatment with Donald Trump at Versailles, what with a dinner to celebrate the 250th anniversary of the King of France's support for the birth of a new nation. It's all about keeping the…

France 24

$300 billion, sanctions relief, Hormuz reopening: Who gets what in the US-Iran peace deal?

US-Iran Peace MoU: The US and Iran have signed a preliminary 14-point memorandum of understanding, outlining plans for sanctions relief, economic cooperation, and de-escalation of military tensions. The agreement includes provisions for releasing frozen assets and reopening the Strait of Hormuz, with both nations entering a 60-day negotiation period to…

The Economic Times

Tehran and Washington sign interim peace deal to end US-Israeli war on Iran

President Donald Trump and his Iranian counterpart Masoud Pezeshkian on Wednesday signed an interim deal to end the US-Israeli war on Iran. The two countries now have 60 days to hammer out a lasting agreement that would see Tehran diluting its enriched uranium stocks in exchange for sweeping sanctions relief…

France 24

$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

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 Independent UK

First signs of LNG traffic return emerge at Strait of Hormuz with a relief for Pakistan

An LNG tanker loaded in Qatar is approaching the Strait of Hormuz, signalling a possible revival in traffic after a temporary US-Iran peace deal. The vessel, Mraikh, has been stranded in the Persian Gulf since February and is now headed toward Pakistan. The move comes as Trump announced a deal…

The Economic Times

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The Economic Times

Iran deal calls for diluting uranium at minimum, waiving sanctions & opening strait, US officials say

President Trump announced a deal with Iran, involving uranium dilution and sanctions waivers, allowing immediate oil sales. Mediated by Pakistan, the agreement aims to reopen the Strait of Hormuz and end hostilities in Lebanon. While hailed by Trump, the memorandum of understanding faces scrutiny and potential future renegotiation.

The Economic Times

What's in Trump's deal for Tehran? The 14-point US-Iran pact as read by American official

The U.S. and Iran have signed an interim agreement to halt hostilities and open the Strait of Hormuz, with a 60-day negotiation period to follow. The memorandum outlines an immediate end to military operations, the lifting of naval blockades, and the removal of sanctions. Key issues like Iran's nuclear program…

The Economic Times

Inside the chaotic Iran talks that let Trump claim victory, but not yet peace

President Trump announced the end of the Iran War and the reopening of the Strait of Hormuz, following intense Qatari mediation. Despite Israeli airstrikes threatening the talks, a framework deal was reached, promising Iran sanctions relief and financial aid in exchange for nuclear commitments. Trump later signed the agreement in…

Bangkok Post

Recovery signs emerge for ship traffic in Hormuz

Maritime traffic in the Strait of Hormuz remains at the levels seen before the Iran-US peace agreement, says the Kpler maritime tracking platform, but there are signs of recovery ahead of Friday's official reopening.

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The Economic Times

Oil slips again as US, Iran sign peace deal

Oil prices dropped as the U.S. and Iran reached an interim agreement to end the war, reopen the Strait of Hormuz, and lift sanctions on Tehran's oil. This deal, a 14-point memorandum, initiates a 60-day negotiation period, potentially resolving a major energy supply disruption and leading to a significant supply…

The Economic Times

Global Market Today: Asian shares gain as US-Iran deal takes effect

US stock futures rose as President Trump signed an interim deal to end the Iran war and reopen the Strait of Hormuz, easing energy concerns. This comes as the Federal Reserve signaled potential rate hikes to combat inflation, causing bond yields to climb and the yen to weaken.

The Times of India

'It's signed': US-Iran MoU officially finalized after both sides digitally sign agreement

US President Donald Trump and Iranian President Masoud Pezeshkian have virtually signed a 14-point memorandum of understanding to end hostilities and reopen the Strait of Hormuz. The agreement, effective immediately, also initiates negotiations on sanctions relief and Iran's nuclear program, marking a significant de-escalation.

The Conversation

How Australia can deliver the secure gas, renewable fuels and battery minerals Asia and the Pacific need

Energy security is a top priority globally, as governments grapple with the closure of the Strait of Hormuz, an accelerating clean energy transition and surging power demand from AI data centres.

AAP

Interim 14-point US-Iran Memorandum of Understanding

The United States has read out the text of the interim US-Iran agreement to halt the war in Iran and open the Strait of Hormuz.

Latin Times

Trump Says Tentative Iran Deal Avoided 'Economic Catastrophe' As Israel, Democrats Demand Answers

President Donald Trump defended his tentative agreement with Iran at the G7 summit in Évian-les-Bains, France, saying the deal helped avert an "economic catastrophe" that could have hit Americans through soaring oil prices, market turmoil and a prolonged disruption in the Strait of Hormuz.

France 24

Diluting uranium, oil sales: What's in the draft US-Iran deal?

Senior US officials on Wednesday disclosed the contents of a draft memorandum of understanding with Iran, ending days of secrecy ahead of a planned signing ceremony on Friday. The document outlines an immediate ceasefire, steps toward lifting US sanctions, the restoration of commercial shipping and negotiations on Iran’s nuclear programme.

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