Tag: Strait of Hormuz
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Oil drops below US$80 on US-Iran deal
Oil prices fell as hopes increased that the Strait of Hormuz would reopen and oil shipments would resume.
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Qatar ‘cautiously optimistic’ on US-Iran deal before Friday’s signing
Qatar said the framework agreement to be signed on Friday was a first step rather than a final settlement, adding that it would take time to return to “business as usual” even once the Strait of Hormuz reopens. Trump separately praised Qatar’s mediating role and its “great bravery”.
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Trump denies U.S. will put ‘any money’ into Iran, as he meets allies at G7 summit
Washington and Tehran announced a Memorandum of Understanding had been reached over the weekend.
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Ships start to trickle through Hormuz, but question of control lingers
Trump said the strait would be “completely open” by Friday, but key details over who will manage the crucial waterway remain unresolved. Meanwhile, Iran has made further claims that it will control Hormuz in the future based on its interpretation of the framework deal with the US.
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Japan undecided on sending military to Hormuz
TOKYO: Japan said on Tuesday (Jun 16) it has not yet decided whether its military will join efforts to help the resumption of shipping through the Strait of Hormuz after the US-Iran peace deal.US President Donald Trump said that the vital artery for oil and gas
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US allies propose to lead demining mission of Strait of Hormuz
Trump appeared hesitant to accept the European proposal, stressing that the strategic waterway will become open and safe thanks to his tentative deal to end the war with Iran, but remained open to the idea of some naval presence to ensure water safety for commercial passage.
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US says ships exiting Hormuz, ‘expectation’ of no Iran tolls
“Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz,” said US President Donald Trump, though questions remain over potential tolls for using the vital waterway.
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Trump says Strait of Hormuz will be ‘completely open’ Friday
At the G7 summit in France, US President Donald Trump said the Strait of Hormuz would be “completely open” by Friday when a peace deal is set to be formally signed in Geneva.
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Do pricey World Cup 2026 tickets reflect the market, as FIFA says?
FIFA says World Cup ticket prices reflect US market rates and help prevent scalpers from profiting. But experts and consumer groups say the comparison with US sports leaves out important context. #TheCube
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CNA Explains: Where the US and Iran agree on the peace deal – and what remains unresolved
Though the memorandum of understanding is scheduled to be officially signed on Friday (Jun 19) in Switzerland, the precise terms of the deal are still not known, with both parties releasing conflicting information during negotiations.
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