Iran Reportedly Mandates Insurance For Hormuz Transit
New posts 10:30 Iran Imposes Insurance Requirement On Vessels In Strait Of Hormuz Vessels are seen anchored in Bandar Abbas along the Strait of Hormuz on June 18.
Source: Iran Herald ▾
Tehran Reportedly Mandates Insurance For Hormuz Transit
New posts 12:20 Iran Under Pressure To Act As Fighting In Lebanon Continues Smoke rises from the site of a string of Israeli air strikes that targeted the southern Lebanese city of Nabatieh on June 20.
US contemplates working with Qatar to unfreeze funds for humanitarian spending in Iran: WSJ Report
Washington DC [US], June 20 (ANI): The United States is eyeing working with Qatar so as to chart a plan for releasing billions of dollars in frozen funds aimed at humanitarian spending in Iran, the Wall Street Journal (WSJ) reported on Friday, citing people familiar with the matter.
First LNG ship reaches India through Hormuz after peace deal
The tanker docked at Dahej Port in Gujarat, as transits resumed through the strait after the US blockade of Iran was lifted An energy vessel that crossed the Strait of Hormuz has docked in an Indian port for the first time since the announcement of an initial peace agreement between the US and Iran on Sunday, as shipping traffic began to trickle back through the chokepoint.
US lifts maritime blockade on Iranian ports after signing MoU, says CENTCOM
Washington DC [US], June 19 (ANI): The US Central Command (CENTCOM) on Thursday (local time) announced that the United States has lifted its maritime blockade on all traffic entering and exiting Iranian ports and coastal areas, marking a major implementation step under the newly signed US-Iran agreement as the two sides begin a 60-day negotiation process toward a comprehensive deal.
Iran Deal Provides Economic Boost, But Hormuz Shipping Is Key
TheIran framework agreementgave an immediate boost to markets, with shares rising and oil prices dipping. But whether this translates into durable economic gains will largely depend on shipping in the Strait of Hormuz.
"Stock markets hit record high, oil prices tumbling down": Trump post Iran deal
Washington DC [US], June 18 (ANI): US President Donald Trump on Thursday announced that stock markets have hit a record high, and oil prices have come down following his Iran deal. In a post on Truth Social, he said, 'These fools, who think I haven't been tough enough on Iran, when the Stock Market Just Hit A RECORD HIGH, and Oil prices are 'tumbling' down, are either jealous, bad people, or stupid.
OECD Oil Stocks Drop to Lowest Level Since 1990, IEA Reports
Oil inventories across OECD member states fell in May to their lowest level since 1990, according to the International Energy Agency (IEA), as governments drew down strategic reserves to offset supply disruptions linked to tensions in the Persian Gulf during the Middle East conflict. The IEA reported that since the beginning of the crisis, stocks in OECD countries have dropped by around 163 million barrels.
Vance Says US Has Iran In An 'Economic Chokehold'
New posts 19:31 US Confirms End Of Naval Blockade Of Iran US Central Command (CENTCOM) has confirmed that the naval blockade on Iranian vessels and ports has been lifted. "All U. S.
US Confirms End Of Naval Blockade Of Iran
New posts 19:31 US Confirms End Of Naval Blockade Of Iran US Central Command (CENTCOM) has confirmed that the naval blockade on Iranian vessels and ports has been lifted. "All U. S.
Sanctions on Russian oil shipments back on agenda, Trump says
ÉVIAN-LES-BAINS, France: The United States may soon bring back sanctions on Russian oil shipments after President Donald Trump and other leaders at the Group of Seven summit on June 16 decided to refocus attention on the war in Ukraine.
Goldman Sachs cuts Brent forecast to $80 as Hormuz reopening eases supply fears
New Delhi [India], June 17 (ANI): Goldman Sachs has cut its Brent crude oil price forecast for the fourth quarter of 2026 to USD 80 per barrel from USD 90 earlier, citing an expected faster recovery in Middle East oil supply following a deal to reopen the Strait of Hormuz.
Shipping firms await safety assurances before Hormuz return
TOKYO/COPENHAGEN: Global shipping companies are taking a wait-and-see approach to the Strait of Hormuz despite a U. S. -Iran agreement aimed at reopening the critical waterway, with industry leaders saying confidence will take time to rebuild and navigation will resume only when safety concerns are fully addressed.
First Iranian Crude Exports In 2 Months Leave Hormuz
New posts 16:54 First Iranian Crude Exports In 2 Months Leave Hormuz By RFE/RL's Radio Farda The first shipments of Iranian crude oil in two months have departed the Strait of Hormuz, according to ship-monitoring firm TankerTrackers. com.
Oil Prices Fall, Dollar Steady As US-Iran Deal Eases Supply Concerns
New posts 08:22 Oil Prices Fall, Dollar Steady As US-Iran Deal Eases Supply Concerns Oil prices fell on June 18 as investors weighed the interim peace agreement between the United States and Iran which could reduce risks to global energy supplies, while the dollar was little changed against major currencies. US crude dropped 1. 25 percent to $75.
What's inside 'leaked' US-Iran deal?
Washington is keeping the terms of its memorandum of understanding with Tehran secret until a formal signing A purported draft of the US-Iran memorandum of understanding circulating online suggests that Washington could grant Tehran sweeping sanctions relief and access to frozen assets while leaving
Bank of Japan lifts rates to highest level since 1995
The benchmark interest rate was hiked to 1%, despite US-Iran peace agreement, as higher energy costs spread through the economy The Bank of Japan raised its key interest rate by a quarter percentage point to 1% on Tuesday, lifting borrowing costs to their highest level since 1995 as it sought to contain inflation from soaring energy prices driven by the US-Israeli war on Iran.
Global commodity prices likely to remain elevated amid easing West Asia tensions; India's WPI seen at 7-8 pc in FY27: BoB
New Delhi [India], June 16 (ANI): Global commodity prices are expected to remain elevated in the coming months as geopolitical tensions in West Asia continue to disrupt supply chains and adverse weather conditions threaten agricultural output, according to a report by Bank of Baroda (BoB).
Iran-US pact may ease oil shock, support broader earnings recovery in India: Kotak
Mumbai, (Maharashtra) [India] June 16 (ANI): A potential agreement between Iran and the United States to end the ongoing West Asian conflict could lead to a normalization of global energy markets, ease macroeconomic pressures on India and support a broader recovery in corporate earnings, according to a report by Kotak Institutional Equities.
US-Iran peace talks: Senior officials link sanctions relief to nuclear compliance guarantees
By Reena Bhardwaj Washington DC [US], June 16 (ANI): Senior officials in the Trump administration on Monday (local time) outlined the contours of a newly negotiated understanding with Iran, describing it as a framework that could reshape relations between Tehran and Washington while linking sanctions relief and economic reintegration to strict nuclear oversight and regional security commitments.