Oil Falls Below $75 as Hormuz Traffic Recovers After Waiver
Oil drops below $75 for first time since March as Treasury issues 60-day Iran waiver and Strait of Hormuz traffic recovers, signaling de-escalation.
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Oil drops below $75 for first time since March as Treasury issues 60-day Iran waiver and Strait of Hormuz traffic recovers, signaling de-escalation.
Iran closes Strait of Hormuz citing Israeli strikes in Lebanon, threatening the fragile US-Iran peace deal. Sunday talks in Switzerland loom as key test.
A leaked 14-point MoU between the US and Iran outlines a ceasefire, reopening of the Strait of Hormuz, $300B reconstruction fund, and sanctions relief.
Belgium's minesweeper Primula awaits a political decision to deploy to the Strait of Hormuz for mine clearance after the US-Iran peace deal.
G7 leaders welcome the US-Iran nuclear deal as a breakthrough, but Trump threatens to resume bombing, raising questions about the agreement's durability.
The US and Iran confirm a historic memorandum of understanding to end their war. Iranian media publishes the full 14-point Islamabad Memorandum.
Pakistan's FM Ishaq Dar rejects US pressure to join Abraham Accords, reaffirming no normalization with Israel until Palestinian statehood.