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INSANE: 2 - The Real Truth

Has the US really carried out a secret mission to get oil through Hormuz?

Trump says hundreds of tankers have escaped Iran’s blockade. Data suggests shipments are increasing but many questions remain

The Guardian - UK

BPCL, HPCL, IOCL shares rally up to 4% as oil prices hit two-month low. What are experts saying?

Indian oil marketing stocks surged as crude oil prices dropped to a two-month low amid reports of a potential US-Iran peace deal. HPCL, IOCL, and BPCL shares gained significantly on Friday. Experts, however, caution that full oil market normalization could take years even if a deal is reached.

The Economic Times

Hormuz oil traffic rebounds as Gulf exporters find workarounds: Report

Oil shipments through the Strait of Hormuz are increasing for non-Iranian producers. This surge occurs despite ongoing tensions between Washington and Tehran. Iranian oil exports have significantly decreased. This situation impacts global oil prices. Traders are closely watching future transits. The US continues actions against vessels approaching Iranian ports.

The Economic Times

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OPINION - The Strait we ignore may be the one that hurts Britain most

Yet again the Strait of Hormuz dominates headlines as the on-off peace talks grind on with no clear end in sight. President Trump still shouts about it in full caps on Truth Social. Television producers still show on repeat the same map: Iran on one side, Oman on the other.…

Evening Standard

Trump claims US and Iran on verge of signing peace agreement, but Tehran says no final decision made

Iranian leadership has not confirmed claim, after the US president announced that planned strikes on Iran had been cancelled

The Guardian - UK

Trump's 'Secret Mission' Claim of 200 Ships and 100 Million Barrels Faces Awkward Maths From His Own Officials

Trump says a secret US mission moved 100 million barrels and 200 ships through Hormuz. Officials count about 70 vessels, and the gap could shape pump prices.

International Business Times UK

Missile barrage across Gulf puts region on edge; hopes of an Iran-US deal fade as both sides trade fire: 10 things to know

Tensions surge as the US and Iran exchange fresh military strikes. Iran targeted US bases in Bahrain, Kuwait, and Jordan. The US responded with strikes inside Iran. Regional nations condemned Iran's actions. Fears of a wider war across West Asia intensify. The Strait of Hormuz remains a flashpoint. Diplomatic efforts…

The Times of India

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US and Iran trade attacks for a second day, undermining shaky ceasefire

United States and Iran exchanged air strikes for a second day. President Trump vowed more attacks if Iran does not agree to a peace deal. Tensions escalated after a US helicopter was downed near the Strait of Hormuz. Iran claimed to have closed the strait, a claim the US denied.…

The Economic Times

Trump news at a glance: president follows through on threats against Iran with fresh strikes

Two days of strikes followed downing of US Apache helicopter over the strait of Hormuz, which Trump has blamed on Iran – key US politics stories from Wednesday 10 June at a glance

The Guardian - US

US launches new strikes after Trump threatens to attack Iran 'very hard'

The US launched a new round of overnight strikes on multiple targets in Iran, with President Donald Trump warning of further attacks unless Tehran quickly agrees to a peace deal. The strikes targeted Iranian air defence and radar sites near the Strait of Hormuz after a US helicopter was downed…

The Economic Times

Trump says ‘I love the inflation’ as rate rises to 4.2% amid Iran war pressure

Before the conflict began, inflation was at 2.4%, but the closure of the strait of Hormuz has affected energy prices

The Guardian - US

CMA CGM chief says 'unwise' to assume Hormuz will return to pre-war situation

The head of French shipping giant CMA CGM believes the Strait of Hormuz will not return to its previous state. The company is adapting to ongoing geopolitical issues.

The Economic Times

US says second day of strikes ‘completed’ – as it happened

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The Guardian - AU

Iran Reportedly Shoots Down First $52M US Apache Near Strait of Hormuz: Trump Vows Revenge While Attending Knicks Game

A US Apache helicopter was reportedly downed by Iran near the Strait of Hormuz, prompting President Trump to vow retaliation, threatening fragile diplomatic efforts in the region.

International Business Times UK

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The Guardian - UK

Trump launches strikes against Iran after downing of US army helicopter

US president blames Tehran for loss of Apache gunship, whose crew were rescued by a drone near strait of Hormuz

International Business Times

Iraq Also Intensifying Work To Reroute Exports Away From Strait Of Hormuz As Blockade Continues

Iraq and the United Arab Emirates are both intensifying plans to expand pipelines and avoid depending on the Strait of Hormuz as the blockade of the key waterway resulting from the Iran war continues.

Euronews

Trump insists Iran deal is days away as both sides step back from brink

Speaking after Monday's exchange of strikes — the biggest blow yet to the April ceasefire in the Iran war — Trump said bombing Iran further would keep the Strait of Hormuz closed for months and cost lives.

The Guardian - AU

Tehran launches retaliatory attacks on Bahrain and Kuwait – as it happened

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International Business Times

Traders Predict That the Strait of Hormuz Will Not Go Back to Normal Until the End of the Year

Kalshi's market tracking indicated that traffic through the Strait of Hormuz would return to normal, implying roughly a 66% probability that conditions would not normalize by mid-June.

The Guardian - UK

Will Iran give up on ceasefire talks as strait of Hormuz blockade continues?

Chokehold on shipping route draws Houthis in Yemen back into conflict as commenters see ‘no turning back’

The Economic Times

Oil market calm masks a host of unknowns

Global oil markets are experiencing an unusual calm despite a major supply shock. The Strait of Hormuz remains largely shut, impacting significant global supply. However, prices have retreated from highs. Uncertainties about global inventories, China's demand, and the true state of consumption create a precarious situation. Experts are operating with…

The Economic Times

Oil Price Today (June 8): Crude oil flares up 5% as Israel attacks Iran, Lebanon in latest escalation. What's next?

Oil prices surged 5% on Monday after Israel launched fresh strikes on Lebanon, raising fears of renewed Middle East tensions and potential disruptions to crude flows through the Strait of Hormuz. U.S. crude climbed to $92.64 a barrel, while Brent crude rose to $95.42 a barrel.

The Economic Times

US, Iran appear far from peace deal 100 days since war began

Tensions rise as US and Iran struggle for an interim deal. Fresh attacks test a fragile ceasefire. Frozen Iranian assets and the Lebanon conflict stall negotiations. The Strait of Hormuz remains a focal point. Global oil prices spike, impacting voters ahead of midterm elections. Pakistan plays a mediating role.

The Independent UK

Iran-US war latest: Israel launches retaliatory strikes on Iran’s military targets after missile attack

Explosions were reported in several cities, including Tehran and Isfahan

France 24

Live: Israel reports missiles from Iran in first bombardment since fragile ceasefire

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