In Trump's shadow, Vance becomes face of Iran deal

His fierce defence of the Iran plan amid mounting criticism comes as speculation intensifies about a possible 2028 presidential run.

Iran Asserts Control Over Hormuz With Rules Paving Way for Tolls - Bloomberg.com

Iran Asserts Control Over Hormuz With Rules Paving Way for Tolls  Bloomberg.com

After Deal to Reopen Strait of Hormuz, Ships Begin to Move Cautiously

Shipping companies hoping to get their stranded vessels out face complications like mines and the lack of clear coordination.

By Jenny Gross

Reaching a nuclear deal with Iran will be much harder than in 2015

Tehran’s position has hardened and trust has declined in the years since the JCPOA

What could US-Iran peace deal mean for UK household costs?

The impact on petrol and food prices, energy bills and mortgages if the truce holds and strait of Hormuz reopens Around the world, markets reacted with relief this week to news that Donald Trump had signed a draft peace deal with Iran that promised to reopen flows of oil and gas from the Gulf to global buyers. There are already signs the truce could unravel, with Friday’s peace talks in Switzerland abruptly called off, but for now markets seem persuaded that commercial vessel traffic through ...

By Jillian Ambrose and Zoe Wood

Morning news brief

A planned Switzerland meeting between the U.S. and Iran has been put on hold, JD Vance has become the face to U.S. negotiations with Iran, Obama Presidential Center gets star-studded opening ceremony.

By Steve Inskeep

Oil tanker traffic in Strait of Hormuz jumps after U.S. and Iran implement deal to open sea lane

The U.S.-Iran deal has raised questions about how the Strait of Hormuz will be governed after the toll-free period ends.

Iran floats insurance fees and asserts control over Hormuz

Iran sought to assert control over Strait of Hormuz by saying that ships need its permission and mandatory insurance to cross, even as the US said that 20 ships sailed through overnight via a route it recommends along Oman’s coast. The conflicting signals come as the shipping industry tries to assess whether it is safe to transit the world’s most important energy chokepoint and what sort of system will emerge after the US and Tehran reached an interim peace deal to reopen the strait. The numb...

By Bloomberg

Delayed US-Iran talks casts shadow over EU summit

The news that the talks between US and Iran are postponed has cast a shadow over the EU summit, as EU leaders hoped that the memorandum of agreement would bring attention back to the conflict in Ukraine. But the Middle East is not totally set aside, with EU leaders set to discuss whether to severe trade ties with Israel or not. FRANCE 24's Armen Georgian tells us what to know.

By FRANCE24

Oil prices under new wave of pressure amid lingering questions over a Strait of Hormuz reopening

A flurry of headlines on Friday point to an increasingly fragile deal between the U.S. and Iran.

By Barbara Kollmeyer

US-Iran war impact: India’s Russian oil imports may touch all-time high in June

With a US sanctions waiver in place for three months, India stepped up Russian crude oil procurement, and import levels touched near all-time highs. According to analysis of data by Sumit Ritolia, Manager Modelling and Refining at Kpler, India’s crude imports from Russia could hit an all time high of 2.35 million barrels per day in June.

By TOI BUSINESS DESK

Want to cross the Strait of Hormuz? Fill out this form first

By Sukalp Sharma

Iran floats ‘insurance fees’ as it asserts control over Strait of Hormuz

Country’s Persian Gulf Strait Authority said that ships must follow a prescribed route that passes along its coast and that alternatives are prohibited.

Strait Of Hormuz Traffic Highest In 2 Months, Thanks To US-Iran Deal

A total of 25 commercial vessels crossed the newly reopened strait on Thursday, the highest number since mid-April, according to data from tracking firm AXSMarine.

PSX tumbles over 2,800 points in intraday trade on back of uncertainty over US-Iran talks

The Pakistan Stock Exchange (PSX) benchmark KSE-100 index tumbled by over 2,800 points during intraday trade, breaking its four-day gaining spree. Falling oil prices following the signing of the ‘Islamabad MoU’ between the United States and Iran had fueled optimism, triggering buying interest across multiple sectors. As a result, the KSE-100 index had maintained its recovery for the fourth straight session on Thursday. On Friday, initial positive momentum pushed KSE-100 to an intraday high of...

By none@none.com (News Desk)

This U.S.-Iran MOU will likely be a “memorandum of misunderstanding.”

In conclusion, this MOU is, at best, a product of compromise, if not a failure.

US-Iran deal under immediate strain as fighting flares in Lebanon

Iran said the US bore direct responsibility for Israel's attacks on Lebanon on Friday (Jun 19).

Lebanon ceasefire agreed, US official says after US-Iran talks in Switzerland scrapped

Lebanese health ministry says 18 killed in strikes, Israel reports deaths of 4 soldiers

By AFP

Hormuz Ship Traffic Rebounds To Highest Level Since Start Of War, Iran Renews Restrictions

Hormuz Ship Traffic Rebounds To Highest Level Since Start Of War, Iran Renews Restrictions Oil prices are on track to close lower for the week, with WTI futures down more than 9% versus last Friday’s close after the US and Iran secured an interim peace deal to reopen the Strait of Hormuz. The normalization phase for tanker traffic through the Hormuz maritime chokepoint is still in its early stages, but the market is already beginning to price in a major wave of physical crude an...

By Tyler Durden

Uncertainty hangs over timing of US-Iran peace talks as Switzerland meeting scrapped - The Daily Star

Uncertainty hangs over timing of US-Iran peace talks as Switzerland meeting scrapped  The Daily Star

JD Vance delays Switzerland trip as US-Iran nuclear talks stall

The White House said Thursday night that Vice President JD Vance has postponed a planned trip to Switzerland, where he was expected to lead a new round of talks with Iran over its...

Macron on US-Iran agreement: 'Always better to have agreement than war'

France supports the agreement reached between the United States and Iran because it makes it possible to secure a ceasefire, avoid further escalation, reopen the Strait of Hormuz, and move into a new phase of negotiations on Iran's nuclear program and ballistic capabilities.

Iran-US deal under strain after Swiss talks postponed

The newly signed Iran-US deal to end the Middle East war is under strain after Swiss talks were postponed and fighting flared. Get the latest updates on th Read More: https://punchng.com/iran-us-deal-under-strain-after-swiss-talks-postponed/

By Punch Newspapers

Iran-US deal under strain after Swiss talks postponed

A newly signed deal to end the Middle East war was already under strain on Friday, after talks in Switzerland were postponed and fighting flared between Israel and Hezbollah in Lebanon. The post Iran-US deal under strain after Swiss talks postponed appeared first on Vanguard News.

By Ayobami