HISTORICAL FACTS: 24 - The Untold Story

At the gates of Hormuz, 80 million barrels of oil are on standby

Large volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes following an interim US-Iran agreement aimed at restoring transit in the waterway.

The Economic Times · Jun 19

Iran's Revolutionary Guards set up covert Iraqi cells to attack Gulf neighbors, sources say

Iran's Revolutionary Guard Corps has formed new secret groups in Iraq. These cells are carrying out drone attacks on Gulf nations like Kuwait, Saudi Arabia, and the UAE. This tactic bypasses established militia networks. The move aims to maintain Iran's regional influence amid depleted resources. These actions pose a challenge…

The Economic Times · Jun 19

US-Iran deal redraws the Middle East: Tehran gains, rivals alarmed

A landmark U.S.-Iran interim deal, signed by Presidents Trump and Pezeshkian, ends a three-month war and extends a ceasefire. While hailed as a "deal of the century" by supporters, adversaries like Israel and Gulf states view it as a strategic setback, potentially increasing Iran's security and regional influence.

The Economic Times · Jun 19

I was trapped in the Gulf when Trump attacked Iran. This deal is too little, too late for sailors like me

INTERVIEW: Working at sea was a dream for 28-year-old Rex Pereira. But after witnessing the outbreak of the US-Iran war from the deck of his stranded ship in southern Iraq, he tells Maroosha Muzaffar he is a changed man

The Independent UK · Jun 18

What’s in the US-Iran peace deal? A lot of concessions and empty promises from Trump, in return for little

The leaders of the United States and Iran have signed a 14-point memorandum of understanding to end the war between their countries, as well as Israel’s military assault on Hezbollah in Lebanon.

The Conversation · Jun 18

‘Like nuclear, they don't blow up planet’: Trump's U-turn on Iran missiles after deal takes effect

President Trump defended a new US-Iran understanding on ballistic missiles, deeming it unfair for Tehran to be disarmed if regional rivals possess them. He differentiated missile threats from nuclear ones, suggesting a less urgent global risk. US forces will remain in the Gulf post-agreement, with follow-up talks planned.

The Times of India · Jun 18

Europe explores energy security alternatives after Iran war's turmoil

The Iran war's impact on global fuel prices has pushed Europe to explore alternative trade and energy routes

AAP · Jun 18

Dollar clings to two-month peak as Fed rate-hike bets mount, yen slides

The U.S. dollar reached a two-month high as markets anticipated Federal Reserve rate hikes, pressuring the Japanese yen towards intervention levels. Mounting inflation concerns led nearly half of Fed policymakers to expect a hike this year, with strong retail sales further bolstering hawkish sentiment. Fresh Gulf uncertainties also supported the…

The Economic Times · Jun 18

Inside the chaotic Iran talks that let Trump claim victory, but not yet peace

President Trump announced the end of the Iran War and the reopening of the Strait of Hormuz, following intense Qatari mediation. Despite Israeli airstrikes threatening the talks, a framework deal was reached, promising Iran sanctions relief and financial aid in exchange for nuclear commitments. Trump later signed the agreement in…

The Economic Times · Jun 18

Trump says Israel has Iran MoU copy as deal nears; calls Iranians ‘tough negotiators’

US President Donald Trump revealed Israel received a proposed Iran nuclear deal draft. He expressed optimism for a swift agreement and announced immediate technical talks on Iran's nuclear stockpiles. Trump warned of renewed military strikes if Iran breaches the deal. He also outlined parallel diplomatic efforts with Gulf nations on…

The Economic Times · Jun 17