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The Latest Breaking News from the Strait of Hormuz

Senior US officials release text of Iran deal

A draft memorandum of understanding between the US and Iran has been revealed. It includes new standards for uranium enrichment and provisions for Lebanon's territorial integrity. In return, the US will waive some sanctions against Iran. The deal also addresses passage through the Strait of Hormuz and envisions rebuilding funds…

The Economic Times

Trump Is Boasting About a Secret 100-Million-Barrel Oil Operation That Defies Every Known Rule of Naval Logistics

The Strait of Hormuz was once a predictable artery for global energy supplies. Today, it’s a battleground.

The Mary Sue

Will US-Iran Hormuz deal be signed today? Report says signing may move to Wednesday

United States and Iran may sign a memorandum of understanding on Wednesday. This could open the Strait of Hormuz earlier than planned. The agreement's provisions would take effect immediately. The US might release the full text on Wednesday. Discussions are ongoing about shifting the timeline.

The Economic Times

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3 Stocks to Watch If the Strait of Hormuz Reopens

Falling crude oil prices tied to a U.S.-Iran ceasefire MOU could benefit airlines, logistics firms, and integrated energy companies like Delta, FedEx, and Chevron.

MarketBeat

Threat Level In Strait Of Hormuz Reduced To 'Substantial' After U.S.-Iran Deal

A naval coalition downgraded the threat level in the Strait of Hormuz following the agreement between the U.S. and Iran.

International Business Times

PM Modi-Trump G7 meeting: Modi flags seafarers' safety; ties have 'new speed, new energy'

Prime Minister Narendra Modi and US President Donald Trump met in France. This was their first face-to-face meeting since February 2025. The leaders discussed trade agreements and ongoing tensions. They also exchanged greetings at a G7 Summit outreach session. The meeting occurred during a critical time for India-US relations.

The Economic Times

UAE Working On Plan To Eliminate Reliance On Hormuz Strait To 'Zero' After War

The UAE is seeking to eliminate its reliance in the Strait of Hormuz to export energy following the war in Iran.

International Business Times

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Leaked Trump-Iran Deal Exposes Secret $300B Payout and 'Strait of Hormuz' Concession, Shattering 'Surrender' Promise

A leaked framework of Donald Trump's Iran deal suggests Tehran could gain a formal role in managing the Strait of Hormuz, sweeping sanctions relief and access to a $300 billion reconstruction fund.

International Business Times UK

Iran will reopen the Strait of Hormuz and can sell oil freely under deal with the US, officials say

Iran will immediately take steps to reopen the Strait of Hormuz once a tentative deal with the U.S. to end the war is signed and will be allowed to sell its oil without restrictions

AAP

Wall Street steadies and oil trades below $80 with focus on end to Iran conflict

Wall Street pointed toward modest gains in premarket trading and oil was trading below $80 a barrel on optimism that Iran will quickly open the Strait of Hormuz once a tentative deal with the U.S. to end the war is signed on Friday

AAP

Donald Trump and Benjamin Netanyahu have different war aims – can the Iran peace deal survive?

The clock is ticking on the Iran peace deal. A memorandum of understanding between Iran and the US is due to be signed in Geneva on June 19, allowing for a 60-day ceasefire extension and the opening of the strategically vital waterway, the Strait of Hormuz. But key questions remain…

The Conversation

US-Iran signing ceremony imminent: Roadmap details sanctions relief, 60-day nuclear negotiation window

A proposed US-Iran peace pact involves reopening the Strait of Hormuz, ending the blockade, and pausing nuclear enrichment for 60 days. US leaders state that economic benefits remain strictly dependent on verifiable changes in Iran's behaviour, a conditional framework that has gained formal backing from G7 heads of state.

The Economic Times

G7 leaders back Trump's plan to end Iran war that faces skepticism at home

Leaders at the Group of Seven summit have backed U.S. President Donald Trump's tentative agreement with Iran to open the Strait of Hormuz and extend a ceasefire

The Independent UK

What is in the 14 point interim US-Iran peace deal? Read full text

Leaked details of a tentative US-Iran agreement suggest Tehran would immediately move to reopen the Strait of Hormuz once a ceasefire deal is signed, alongside the ability to resume unrestricted oil exports. The interim accord, expected to be formally signed in Switzerland on Friday, reportedly includes US backing for at…

The Times of India

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AAP

Iran will reopen Strait of Hormuz and can sell oil freely under deal with US, according to leaks

Iran will immediately take steps to reopen the Strait of Hormuz once a tentative deal with the U.S. to end the war is signed and will be allowed to sell its oil without restrictions

AAP

'We'll go back to shooting' if Trump sours on Iran deal

G7 leaders have welcomed the US-Iran ceasefire deal, but President Donald Trump is threatening to resume bombing if Iran doesn't "behave".

The Economic Times

Trump vows to reimpose US sanctions on Russian crude 'soon' as truce with Iran takes shape

President Trump announced that the US will soon reimpose sanctions on Russian oil, citing eased global supply concerns due to resumed flows through the Strait of Hormuz after a deal with Iran. This shift in focus allows Washington to concentrate more on the Ukraine war, as G7 leaders discuss further…

The Economic Times

IEA sees gradual Hormuz recovery tipping into significant 2027 surplus

The global oil market is set for a gradual recovery. The Strait of Hormuz will reopen following a US-Iran agreement. This ends a major oil supply disruption. The International Energy Agency predicts a significant oil surplus by 2027. Millions of barrels of Middle East oil output will return to the…

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Euronews

Oil falls below $80 as OECD oil reserves drop to lowest level since 1990

Oil prices fell below $80 per barrel as markets grew increasingly confident that the effective closure of the Strait of Hormuz is coming to an end. This comes as strategic oil reserves in advanced economies have fallen to their lowest level since 1990, according to the IEA.

The Economic Times

Iran now has powers to shut Strait of Hormuz at will, US Intel report says

Iran can now control the Strait of Hormuz, a critical global waterway. This ability poses a significant threat to global economies. US intelligence agencies have revealed this assessment. The situation remains uncertain, with potential impacts on shipping traffic for weeks or months. President Trump plans to release the agreement text…

The Economic Times

Oil tankers u-turn, head back to Middle East as Hormuz reopening nears

In a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuz’s reopening. Shipowners are gearing up for a bustling uptick in maritime commerce, as this vital corridor is on track to become operational again.

The Conversation

US-Iran deal should see oil and LNG begin to flow again… slowly

US President Donald Trump hailed the deal ending the US-Israel war with Iran with a triumphant message: “Ships of the World, start your engines. Let the oil flow!” he wrote on his online social media platform.

MyLifeXP

No Hug, Just Handshake: Modi’s Silent Message to Trump

Diplomacy is often communicated through words, but sometimes the strongest messages are delivered without saying a single sentence. At the G7 Summit 2026, Prime Minister Narendra Modi's brief handshake with US President Donald Trump grabbed global attention. The moment stood out because it broke a familiar pattern. For years, Modi's…

The Economic Times

No nuclear weapon, conditional relief & open Hormuz: Vance outlines 3 pillars of Iran peace framework

US Vice President JD Vance described that the peace agreement between Washington and Tehran stands centred on three key pillars-- preventing Iran from acquiring a nuclear weapon, ensuring the Strait of Hormuz remains open and offering economic incentives to Iran if the country "transforms" itself.

The Economic Times

White House talking points claim victories in initial Iran deal but often don't meet reality

The White House has informed supporters of President Trump's alleged victories in the Iran conflict, claiming Iran will not develop nuclear weapons and the Strait of Hormuz has reopened. However, details of the agreement remain secret, causing confusion and skepticism among allies and lawmakers, with some claims contradicting on-the-ground realities.

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