Apache helicopter gunships showed off their power cleaning up the Strait of Hormuz

AH-64E Apache helicopters play a major role in reopening the Strait of Hormuz, policing lanes for oil tankers despite a June 8 Iranian drone strike.

Three Iranian tankers exit U.S. blockade for first time in months as shipowners eye Hormuz in 'wary disbelief'

At least three Iranian tankers carrying nearly five million barrels of crude oil have exited the U.S. Navy blockade.

For traumatised Indian sailors, Hormuz reopening brings little relief

Captain Raman Kapoor was loading oil at an Iraqi port when word reached him that the United States and Iran were at war. Within hours, his tanker was trapped north of the Strait of Hormuz with 24 crew members aboard, as missiles began arcing across the sky overhead. “We were stuck inside the war zone and everyone was so scared and clueless about what to do,” Kapoor, 48, recalled. “We all felt so trapped. We were helpless, totally helpless.” He and his crew would stay that way for 75 days. Th...

By Ushar Daniele

FRANCE 24 Exclusive: what Strait of Hormuz locals think of the Iran-US deal

Since the US-Israel strikes on Iran began on February 28th the Strait of Hormuz has effectively been blocked - a key strategy by Iran that upended global oil supplies and pressured its opponents. But what has it meant for the seafarers stranded there? Or those who call its islands home? With plans for the key shipping channel to be fully reopened after Friday June 19, FRANCE 24's correspondent Reza Sayah headed out onto the water to talk with people in the region.

By FRANCE24

Iran-US war latest: Trump hopes to put war in ‘rearview mirror’ and says Strait of Hormuz will stay toll-free

Reports suggest the deal would appear to offer Iran major concessions that would boost its economy

By Alisha Rahaman Sarkar

India may ask refiners to maintain larger crude oil inventories; here's why

The disruption to shipping through the Strait of Hormuz has challenged a long-standing belief among Indian policymakers that the country's proximity to the crude-rich Persian Gulf reduced the need for large strategic petroleum reserves.

By TOI BUSINESS DESK

Does the Iran war diminish US superpower status?

Amid reports of both parties agreeing to sign a preliminary MoU to reopen the Strait of Hormuz, questions remain about the silent weapon Iran never knew it had

How US is using Iranian smuggling tactic to move oil out of the Gulf

10 Nippon Yusen freighters still in Persian Gulf

"The situation is beyond what a private firm can handle," Takaya Soga said at an annual general meeting of Nippon Yusen shareholders in Tokyo.

Iranian tankers exit US blockade zone ahead of talks

The first tankers carrying Iranian oil exited a US blockade in the Strait of Hormuz, a tracking website has reported.

A tentative peace

IN a dramatic turn of events, the US and Iran have agreed on a framework for peace talks. While the details of the deal, reached after months of intense backchannel negotiations mediated by Pakistan and supported by other regional countries, have yet to be made public, this development has raised hopes of ending an irrational war that the US has lost. The tentative pact provides a space of 60 days to conclude a comprehensive peace agreement that remains a significant challenge. There’s still ...

By none@none.com (Zahid Hussain)

Wall Street banks cut oil price predictions as Persian Gulf flows now seen recovering quickly

Iranian tankers exit US blockade zone ahead of peace talks

The United States will reportedly allow Iran to immediately begin selling oil and fuel under the deal to end the war on Friday.

China warns next phase of US-Iran talks will be ‘more difficult’

China’s top diplomat told his Pakistani counterpart on Tuesday that the next phase of negotiations between the United States and Iran — which Pakistan has helped mediate — will be “more difficult”. In a phone conversation ahead of the planned signing on Friday of a US-Iran memorandum of understanding to end their war, Chinese Foreign […]

By AFP

Iranian tankers exit US blockade zone ahead of peace talks

Negotiations on final deal start immediately after Swiss signing ceremony and continue during 60-day window

By AFP

At least 3 Iranian tankers cross US-blockaded Hormuz for 1st time

Several tankers carrying Iranian oil have, for the first time, passed through a U.S. blockade in the Strait of Hormuz, a tracking website reported Wednesday. The passage comes two...

Iranian Tankers Cross US Naval Blockade After Trump Deal Allows Iran To Restart Oil Sales

Iranian Tankers Cross US Naval Blockade After Trump Deal Allows Iran To Restart Oil Sales The first Iranian ships crossed the area of the US naval blockade without obstruction after a memorandum of understanding was reached to end the war between Washington and Tehran, Iran’s semi-official Fars News Agency reported Tuesday. At least three Iranian oil tankers and two cargo ships carrying essential goods broke through the US naval blockade following an accord between the countries...

By Tyler Durden

Iran Reconstruction Fund: Over $150 billion already committed by private investors

The $300 billion fund included in the draft U.S.-Iran agreement will be established after the agreement is signed—Private companies from the U.S., the Gulf, Asia, and Africa The post Iran Reconstruction Fund: Over $150 billion already committed by private investors appeared first on ProtoThema English.

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