YOU WONT BELIEVE: 19 | Mind Blowing Facts

Iran fires drones at commercial ships in Strait of Hormuz: Israeli Media

The firing took place after the signing of the US-Iran memorandum of understanding (MoU) on Sunday, and the drones were intercepted by the US military ere they posed a threat to commercial or US military ships and personnel.

The Economic Times · Jun 17

Oil tankers u-turn, head back to Middle East as Hormuz reopening nears

In a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuz’s reopening. Shipowners are gearing up for a bustling uptick in maritime commerce, as this vital corridor is on track to become operational again.

The Economic Times · Jun 17

Ships start to trickle through Strait of Hormuz, but who will run it still in doubt

Trump said the strait would be "completely open" by Friday, but key details over who will manage the crucial waterway remain unresolved. Meanwhile, Iran has made further claims that it will control Hormuz in the future based on its interpretation of the framework deal with the US.

Euronews · Jun 16

The Strait of Hormuz is finally reopening, but energy flows may not get back to normal until next year

“Our working assumption is that ~80% of energy flows will resume by the end of Q3, but a return to ‘normal’ could stretch into 2027.”

Fortune · Jun 15

Trump MOU-lds Iran deal to end war he started

President Trump's latest move has sparked intrigue as he proclaimed a "historic agreement" with Iran, featuring a memorandum to establish an interim ceasefire and a two-month negotiation window. This initiative aims to restore order in the critical Strait of Hormuz and cease hostilities.

The Times of India · Jun 15

What’s in – and what’s not in – the US-Iran peace deal

Agreement contains no restrictions on Iran’s ballistic missiles, nor does it call for regime change or surrender

The Guardian - UK · Jun 15

Oil and gas unlikely to return to prewar prices for months even if Hormuz reopens

Markets welcome US-Iran peace deal but prices may stay high as buyers race to refill depleted emergency crude stockpiles

The Guardian - UK · Jun 15

France, UK seek Hormuz deployment if U.S.-Iran ceasefire takes hold

France and Britain are proposing a multinational naval mission for the Strait of Hormuz. This plan aims to secure shipping routes should a ceasefire between the US and Iran occur. Several European nations are considering participation. The mission would focus on defensive tasks like escorting vessels and mine clearing. G7…

The Economic Times · Jun 15

France's Macron warns Iran against imposing Hormuz tolls

French President Emmanuel Macron on Monday warned Iran against imposing tolls on shipping through the Strait of Hormuz, saying "everything" should be done so fees are not charged for passage through the key bottleneck.

Radio France Internationale · Jun 15

First Thing: US and Iran reach framework peace deal to end war

Trump says strait of Hormuz to reopen as part of imminent agreement

The Guardian - UK · Jun 15