Tag: strait
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Oil hits 3-month low as US, Iran reach peace deal to reopen Strait of Hormuz
LONDON, June 15 : Oil prices slipped to a 3-month low on Monday after U.S. President Donald Trump and Iran’s deputy foreign minister said they had reached an initial deal to end the war and to resume traffic through the Strait of Hormuz.Brent crude futures fell $4.33, or nearly 5 per cent, to $83.00 a…
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Japanese shippers await details on Hormuz reopening, mine clearance
TOKYO, June 15 : Japanese shippers welcomed on Monday the U.S.-Iran peace agreement which will reopen the Strait of Hormuz but are awaiting more details of the deal and clearance of mines before allowing their ships to pass the chokepoint.According to the association, 38 Japanese-linked vessels remain strande
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Iran war: Trump, Pakistan tease deal, but doubts remain
Donald Trump suggested that an initial peace deal could be signed on Sunday, but Iran has cast doubt on that timeline. Meanwhile, Israel keeps up strikes on Lebanon. DW has the latest.
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US, Iran inch closer to deal to end Middle East war, timing remains unclear
Draft terms described by multiple sources indicate the US would begin releasing billions of dollars in frozen Iranian assets and waive sanctions on its oil exports, in return for Iran opening the Strait of Hormuz.
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Iran war: Trump says deal to be signed on Sunday
Mediator Pakistan has said the deal could be finalized “in the next 24 hours,” but Iran says an agreement is unlikely to be confirmed on Sunday. DW has more.
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Iran war: Trump says deal with Iran to be signed on Sunday
Trump said the Strait of Hormuz will reopen soon after the deal is signed. Pakistani Prime Minister Shehbaz Sharif had said the “finalization likely expected in the next 24 hours.” Follow DW for more.
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Iran war: Pakistan PM says peace deal expected in 24 hours
Pakistani Prime Minister Shehbaz Sharif said the US and Iran are inching closer to cementing a deal, with “finalisation likely expected in the next 24 hours.”
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US, Iran say peace deal near despite Hormuz attacks
After dozens of promised peace deals, Donald Trump claims an agreement with Iran is now close. Still, fighting continues in the Strait of Hormuz and the global economy remains captive to the conflict. DW has the latest.
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Iran-US deal: What are the main sticking points?
The US and Iran may be nearing a breakthrough, according to Donald Trump. DW looks at what has emerged so far, and the key risks and challenges shaping any possible agreement.
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Middle East: US says it completed latest attacks on Iran
US Central Command had said it hit new targets in Iran in response to Tehran’s “unwarranted and continued aggression.” Iranian state media reported blasts in several parts of the country. Follow DW for more.
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