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YOU WONT BELIEVE: 73 - What They Never Told You

Bulletin world briefing: Huge attack on Moscow and oil flows through Hormuz

Here are five of the biggest stories from around the world today

The Independent UK

Sugar Prices Fall on Dollar Strength and Crude Oil Weakness

July NY world sugar #11 (SBN26 ) today is down -0.27 (-1.95%), and Aug London ICE white sugar #5 (SWQ26 ) is down -6.10 (-1.35%). Sugar prices are falling today, with NY sugar matching Tuesday’s 1.75-month low. Dollar strength and weakness in crude oil prices today are pressuring sugar prices....

Barchart

60-day ceasefire begins as 12 million barrels of oil flow through Strait of Hormuz

IN FULL

The Independent UK

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What sanctions are there on Iran and will they be lifted?

Iran's oil sales may see a waiver under a new interim deal. However, the country remains under a complex network of international sanctions. These restrictions, imposed by the UN, US, and EU, target Iran's nuclear program, rights record, and regional support. Sanctions have been in place for decades, impacting trade…

The Economic Times

US allows more than a dozen ships through to Iranian ports, lifting blockade under deal, Vance says

Vice President JD Vance says the U.S. Navy has allowed more than a dozen ships through to Iranian ports, lifting a blockade as part of an agreement to end the war

AAP

Vance says 12.5 million barrels oil moved as Iran deal enters 60-day phase

Oil flow through the Strait of Hormuz reached its highest level since late February. US Vice President JD Vance stated a US-Iran agreement has entered a 60-day implementation period. The US Navy allowed ships access to Iranian ports, lifting a blockade. This move demonstrates Washington honoring its commitments.

The Economic Times

Crude Oil Prices Tumble as Strait of Hormuz Reopens

July WTI crude oil (CLN26 ) today is down -2.90 (-3.78%), and July RBOB gasoline (RBN26 ) is down -0.0349 (-1.20%). Crude oil and gasoline prices are retreating today, with crude falling to a 3.5-month low. Today's rally in the dollar index ($DXY ) to a 13-month high is bearish...

Barchart

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Vance says 60-day negotiating period under draft deal with Iran begins Thursday

US Vice President JD Vance spoke at a White House press briefing on the interim agreement with Iran on Thursday, saying that some 12.5 ‌million ⁠barrels ‌of oil have flowed ⁠through the Strait of Hormuz following ‌the overnight signing of ‌a memorandum of understanding between the United States and Iran.

France 24

Stocks Supported as Geopolitical Risks Recede

The S&P 500 Index ($SPX ) (SPY ) today is up +0.99%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.61%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.16%. September E-mini S&P futures (ESU26 ) are up +0.99%, and September E-mini Nasdaq futures...

Barchart

Dollar Strengthens and Gold Sinks on the Fed's Hawkish Policy Update

The dollar index (DXY00 ) today rallied to a 13-month high, up by 0.54%. The dollar is climbing today on carryover support from Wednesday, when the FOMC projected higher interest rates later this year. Today's US economic news is also supportive of the dollar as weekly jobless claims fell as...

Barchart

Oil Prices Keep Falling After U.S. And Iran Sign Deal To End The War And Reopen The Hormuz Strait

Oil prices kept falling on Thursday after the U.S. and Iran signed the memorandum of understanding to end the war and reopen the Strait of Hormuz.

International Business Times

Stocks Rally as President Trump Signs a Preliminary Deal to End the US-Iran War

The S&P 500 Index ($SPX ) (SPY ) today is up +0.73%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.53%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.62%. June E-mini S&P futures (ESM26 ) are up +0.80%, and June E-mini Nasdaq futures...

Barchart

What did Ukraine target in Moscow and how significant was the drone attack?

Mass drone strike on capital brought the war to Russians, but Ukrainians will be braced for Kremlin’s response

The Guardian - UK

War, oil and El Nino: Triple threat may cut India Inc's profit margins by 150 bps

India Inc faces challenges ahead. Geopolitical tensions in West Asia and El Nino conditions may hurt company profits. Operating profit margins could shrink. Rural demand might be disrupted. Revenue growth is projected to slow down. Companies may face higher costs for imports and fuel. Some sectors show resilience in investment.…

The Economic Times

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Bangkok Post

Cuban economy needs 'urgent changes' to overcome crisis: president

HAVANA - Cuba's economy needs "urgent changes" to overcome a major crisis intensified by a US oil blockade, President Miguel Diaz-Canel said in a speech to Communist Party leaders broadcast on Thursday.

AAP

Stocks rise on Wall Street, erasing much of their loss from a day earlier

Stocks are rising on Wall Street, taking back much of their losses from a day earlier that were driven by anticipation that the Federal Reserve will likely raise interest rates this year in an effort to fight inflation

International Business Times

Ukraine Launches Major Strikes On Moscow, Hitting Key Oil Refinery

Ukraine launched what appears to be its largest strike on Moscow yet, hitting a major oil refinery.

International Business Times

U.S. Gas Prices Drop Below $4 a Gallon After Deal To Reopen Strait Of Hormuz

U.S. gas prices have dropped below $4 a gallon as oil prices continue to drop following the agreement between the U.S. and Iran to end the war.

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The Economic Times

Government may lift fuel-supply safeguards once West Asia crisis abates: Official

India plans to ease emergency energy measures as global tensions subside. These steps were taken to ensure fuel availability amid West Asia conflicts. An interim agreement between the US and Iran could normalize shipping through the Strait of Hormuz. This will significantly benefit India, a major energy importer. The government…

The Independent UK

The Latest: US and Iran sign initial deal to end war, ease sanctions and open strait

According to details released by both countries, President Donald Trump has signed an agreement with Iran that calls for Tehran to dilute its stockpile of highly enriched uranium and waives U.S.-backed sanctions on the country, immediately allowing Iran to sell its oil freely in a major concession from Washington

Fortune

Current price of oil as of June 18, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

AAP

US gas prices fall below $4 for 1st time since March, but still 25% higher than last year

U.S. gas prices are just barely below an average of $4 a gallon nationwide on Thursday, shortly after President Donald Trump signed an agreement with Iran that calls for Tehran to dilute its stockpile of highly enriched uranium and waives U.S.-backed sanctions on the country

International Business Times

U.S., Iran Sign Memorandum Of Understanding To End War Ahead Of Schedule

Trump signed on Wednesday the memorandum of understanding with Iran to cease hostilities and begin nuclear negotiations.

AAP

Wall Street on track to open with gains, oil falls and Intel soars on Trump post about Apple deal

U.S. markets rose in premarket trading, taking back much of their losses from a day earlier that were driven by speculation that the Federal Reserve may raise interest rates this year to try and reign in persistent inflation

AAP

Ukrainian drones set a Moscow refinery ablaze in a major attack on the Russian capital

Ukraine has hit a major Moscow oil refinery for the second time in a week, disrupting flights at the city's airports

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