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The Latest Breaking News from the Strait of Hormuz

Gold rises 2% after US, Iran reach peace deal

Gold prices surged 2% as U.S. and Iran officials announced a preliminary deal to end their conflict, leading to lower oil prices and easing inflation concerns. The agreement, set to be signed Friday, also includes reopening the Strait of Hormuz, making bullion cheaper for foreign buyers and reducing expectations of…

The Economic Times

World stocks surge, oil slides on US-Iran deal

World share markets have rallied hard as a framework peace deal between the United States and Iran promises to ease inflationary pressures globally.

AAP

Trump warns of renewed strikes on Iran if nuclear talks fail, says US could become ‘guardian of the Middle East’

President Trump has warned Iran of renewed military action or a significant financial demand if a nuclear deal isn't reached. He asserted his agreement would ensure free passage through the Strait of Hormuz, claiming he'd protected Israel from nuclear threats despite Israeli objections.

The Economic Times

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Oil slips 4% as US, Iran reach peace deal to reopen Strait of Hormuz

Oil prices dropped significantly as President Trump and Iran's deputy foreign minister announced an initial deal to end the war and reopen the Strait of Hormuz. The agreement, brokered by Pakistan, includes ending a U.S. naval blockade and aims to restore oil flows, unwinding geopolitical risk premiums. Further negotiations on…

The Economic Times

The Six Key Things the US and Iran Agreed in Their Peace Deal — From Nuclear Dismantlement to the Strait of Hormuz

The US and Iran have reached a pivotal agreement to end their conflict, focusing on nuclear dismantlement and reopening the Strait of Hormuz, with Pakistan playing a crucial mediation role.

International Business Times UK

US, Iran reach deal to end war, signing set for Friday

DUBAI/WASHINGTON - US and Iranian officials said on Sunday they have agreed on a peace framework for a deal to end their war, halt the US blockade of Iran and reopen the Strait of Hormuz, possibly leading to lower energy prices once oil shipments resume through the critical waterway.

Bangkok Post

Oil and gas supplies could take months to return to normal after Iran deal, energy experts say

Pakistan announced that the U.S. and Iran reached an agreement to end the war and open the Strait of Hormuz

AAP

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US and Iran reach deal to end war, Trump says Strait of Hormuz to open on Friday

The United States and Iran have agreed on a peace framework aimed at ending the conflict, lifting the U.S. blockade of Iran and reopening the Strait of Hormuz, a key global oil shipping route. U.S. President Donald Trump said the deal is complete, while Pakistan Prime Minister Shehbaz Sharif said…

The Economic Times

Fuel tax decision imminent after US-Iran peace deal

The federal government is weighing up whether to continue offering motorists discounted petrol and diesel amid hopes of an end to the US-led war in Iran.

AAP

Markets celebrate U.S.-Iran deal as both sides confirm this time is real. Trump says oil will flow and 'I never cared about regime change'

“Deal with the Islamic Republic of Iran is now complete. Congratulations to all!"

Fortune

Starmer says Strait of Hormuz must stay open after Iran-US peace deal announced

Shehbaz Sharif, the prime minister of Pakistan, which has been mediating in the conflict, said the accord covered Lebanon.

Evening Standard

Trump says Strait of Hormuz to reopen as US and Iran agree peace deal

Britain and France have expressed interest in assisting with demining the Strait of Hormuz once the conflict is paused.

Evening Standard

Hegseth insists US had control of Strait of Hormuz all along – despite shipping freeze that has impacted global economy

Defense secretary claims U.S. is ‘ready’ to push Iran to reopen the Strait of Hormuz fully once deal is signed

The Independent UK

Iran proved it can close the Strait of Hormuz, but the U.S. is advertising very loudly that the world's top superpower can at least punch open a hole

Hegseth said the U.S. naval blockage in Iran is "impenetrable" and 125 million barrels of oil have now exited the Gulf, "showing that we control the strait."

Fortune

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The Times of India

'Won't tolerate fire directed at its territory': Israel strikes Beirut following Hezbollah attack

Israel conducted air strikes on southern Beirut, targeting Hezbollah infrastructure in retaliation for rocket fire into northern Israel. This escalation occurs as US and Iran inch closer to a potential ceasefire agreement, with Qatari mediators in Tehran to finalize talks. The deal, expected soon, could halt regional conflict and reopen…

Bangkok Post

Iran says draft US deal includes oil sanctions waiver, nuclear limits, asset release

DUBAI - A senior Iranian official told Reuters a final draft of the memorandum of understanding with the US covered a range ‌of issues, from Tehran’s nuclear work to reopening the Strait of Hormuz and US waivers on oil sanctions, with a final deal to be discussed in the 60…

The Economic Times

Iran says draft US deal includes oil sanctions waiver, nuclear limits and asset release

US-Iran war: Tehran and the United States are in talks over a draft memorandum. This agreement could lead to the immediate reopening of the Strait of Hormuz for all commercial ships. Iran would also dilute its enriched uranium stockpile within 60 days. In return, the US would lift oil sanctions…

The Times of India

Iran to immediately open Hormuz, US to lift Naval blockade: Draft deal details emerge

A draft memorandum between Iran and the US reportedly includes Iran's commitment to not produce nuclear weapons and reopening the Strait of Hormuz. The US would lift its naval blockade and provide sanctions relief, including releasing frozen Iranian assets. Both sides are expected to finalize implementation details in the coming…

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Bangkok Post

US, Iran inch closer to deal, timing remains unclear

WASHINGTON/DUBAI - US and Pakistani leaders forecast a Sunday signing of a long-elusive ‌framework agreement to end fighting between the United States and Iran, but Tehran cast doubt over the timing and hardline protesters in Iran voiced opposition.

The Economic Times

Protest erupts in Iran against Araghchi over prospective US peace deal

Protests have erupted in Iran following discussions of a peace deal with the United States. Demonstrators in Mashhad and Tehran are voicing strong opposition to top diplomat Abbas Araghchi and Parliament Speaker Mohammad Bagher Ghalibaf. Hardline figures argue the proposed agreement compromises Iran's interests and its leverage over the Strait…

The Economic Times

Proposed US-Iran deal hinges on plan of sequenced rewards

President Donald Trump’s proposed Iran deal follows a phased approach under which the Strait of Hormuz would reopen first, while Iran would receive economic benefits only after meeting specific US conditions. The agreement would leave the key issue of Iran’s nuclear programme to a separate 60-day negotiation process, raising concerns…

The Economic Times

Strait of Hormuz is reopening after this Sunday? Donald Trump shares major update on US-Iran deal

Iran has insisted it will maintain control over the Strait of Hormuz, a key maritime trade route for oil and gas shipments from the Gulf.

Evening Standard

Trump announces peace deal with Iran could be reached on Sunday with the Strait of Hormuz 'open to all'

Prime Minister Keir Starmer says the UK is ready to support with peace efforts

The Economic Times

Trump says deal to end war will be signed on Sunday, Iran questions timing

Pakistan and the U.S. announced an initial deal to end the Middle East war, with an electronic signing planned for Sunday. Iran, however, denied the immediate signing, citing hesitation from the other side. The proposed agreement includes reopening the Strait of Hormuz and releasing frozen Iranian assets, though details on…

Euronews

Trump announces Iran peace deal could be signed on Sunday

Ahead of the G7 summit in Évian, Trump announced a US-Iran peace deal could be signed Sunday—reopening the Strait of Hormuz—though Iran disputed the timeline.

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