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HISTORICAL FACTS: 13 - The Untold Story

Oil Tanker Traffic Through Strait Of Hormuz Climbs After US-Iran Deal Reopens Key Shipping Route

Iranian oil tankers that went dark during the conflict have resumed transmitting their locations as crude exports begin moving again.

International Business Times

RBI MPC member Nagesh Kumar flags import dependence, Gulf remittances, El Nino risks in minutes

India faces significant economic risks from the West Asia conflict, including potential disruptions to oil and fertilizer imports via the Strait of Hormuz and reduced remittances from the Gulf. El Niño-induced monsoon failures also pose a threat to agriculture. Despite these vulnerabilities, the nation's strong foreign exchange reserves and fiscal…

The Economic Times

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

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'Haven't learnt that lesson yet': Donald Trump denies limits to his power after Iran war

President Trump declared no limits to U.S. power after a peace agreement with Iran, digitally signed to end hostilities and reopen the Strait of Hormuz. Despite critics noting a retreat from initial demands, Trump insisted the deal represented a military victory and demonstrated American strength, not limitations.

The Times of India

The U.S. and Iran have signed a peace deal. How long will it take for oil flows in Asia to return to normal?

Even with the Strait of Hormuz open, it will take months for oil flows and prices to return to pre-war levels.

Fortune

Indian refiners sitting on enough crude, in no rush to resume purchases from West Asia

India's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of Hormuz reopens. Suppliers have asked them to resume contractual volumes. Refiners have not yet committed. India's imports from the Middle East fell significantly in the…

The Economic Times

Iran-US war latest: Trump warns Tehran ‘we will take over your country’ if the Strait of Hormuz is closed

US president’s threats come as Vance joins other US officials in Zurich to hammer out peace deal terms with a battery of Tehran's leaders

The Independent UK

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Iran-US sign 14-point deal at Versailles: In 1919, the same place hosted a treaty after World War I that created conditions for World War II

Iran-US Deal: US President Donald Trump and Iranian President Masoud Pezeshkian signed a 14-point Memorandum of Understanding at France's Palace of Versailles, aiming to end hostilities and setting a 60-day negotiation timeline. The agreement includes commitments on military operations, the Strait of Hormuz, Iran's nuclear program, and sanctions relief, marking…

The Economic Times

Iran to start charging fee in Strait of Hormuz after 60-day negotiation window: Report

Iran plans maritime transit fees for the Strait of Hormuz post-US agreement, despite ongoing regional tensions. Israel reaffirms its security zone in Lebanon and commitment to preventing Iran's nuclear ambitions. The US urges a ceasefire, while Iran seeks regional support for reconstruction. Economic recovery for Iran is expected to be…

The Times of India

Oil Price Today (June 19): Crude oil falls, heads for 9% weekly loss as shipping in Hormuz Strait begins. What are experts saying?

Brent crude slipped toward $79 a barrel and is down more than 9% for the week. West Texas Intermediate for August was trading near $76 a barrel. This comes after tankers carrying previously stranded cargoes started moving through the waterway on Thursday, while Kuwait said it would begin increasing production.

The Economic Times

Oil falls as supply starts moving through Strait of Hormuz

Oil prices dipped Friday as tankers resumed passage through the Strait of Hormuz following a U.S.-Iran peace deal. The agreement is expected to release millions of barrels of oil and lift sanctions, increasing global supply. While some producers are ready to resume exports, ongoing conflict in Lebanon casts doubt on…

The Economic Times

Global Market Today: Asian stocks hit record highs, oil heads for weekly loss

Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflation. This development, coupled with positive semiconductor news, boosted investor confidence. Lower energy costs are also easing concerns about future interest rate hikes.

The Economic Times

Business sector welcomes Iran pact

Businesses and economists took a deep breath after the US and Iran signed off on a deal to end their war and reopen the Strait of Hormuz, lifting optimism as oil prices fell, which could ease inflation and support potential economic growth.

Bangkok Post

Trump Warns of Fuel Collapse Without Iran Deal Weeks After Boasting US 'No Longer Needs Middle Eastern Oil'

President Trump warns of a global oil crisis at the G7 summit, contradicting earlier claims of US energy independence. The crisis stems from Iranian disruptions and declining US oil reserves.

International Business Times UK

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AAP

US lifts blockade of Iran and Iranian supreme leader endorses direct talks with American officials

The U.S. lifted its blockade of Iran, and oil tankers began freely moving through the Strait of Hormuz after months of being unable to use the critical channel

International Business Times

U.S. Navy Lifts Iran Blockade After Signing Of Memorandum To End The War

The United States has lifted its blockade on Iranian ports as Iran guarantees freedom of navigation through the Strait of Hormuz.

The Economic Times

US stocks: US market's indexes advance with boost from chips, Iran optimism

U.S. stock indexes rose Thursday, led by semiconductor shares and easing inflation fears, despite anticipated Federal Reserve interest rate hikes. Intel surged to a record high after President Trump announced a deal for U.S.-based chip design and manufacturing. Oil prices slid as the U.S. and Iran extended an interim agreement,…

France 24

US forces lift Iran ports blockade as uncertainty clouds planned Switzerland talks

The US lifted its blockade of Iranian ports on Thursday after US President Donald Trump and Iran President Masoud Pezeshkian signed an interim peace deal to end the US-Israeli war on Iran. But uncertainty surrounded Friday's planned talks in Switzerland as both sides prepared for negotiations on Tehran’s nuclear programme.

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Evening Standard

UK-France Strait of Hormuz mission fills US mine clearance gap, says Nato chief

The planned operation aims to protect and reassure vessels using the strategic sea route with the ending of hostilities

The Economic Times

Mixed signs of peace: 3 Saudi oil tankers cross Hormuz, Israel strikes Lebanon

Vice president JD Vance said he plans to travel to Switzerland for talks on the Iran deal but he doesn't know when that will happen. He had been expected to lead talks on implementing the agreement with Iran aimed at diluting its stockpile of highly enriched uranium and restarting oil…

International Business Times

JD Vance Takes Aim At Israeli Officials Over Criticism Of Iran Deal: 'Wake Up'

Vice President JD Vance took aim at Israel over discontent with the memorandum of understanding with Iran to end the war and reopen the Strait of Hormuz.

The Independent UK

There are many questions about the Iran deal. Here are (some) answers.

The agreement struck between the United States and Iran aims to end the war, reopen the Strait of Hormuz, ease sanctions on the Islamic Republic and relaunch nuclear talks with a 60-day deadline

AAP

U.S. lifts blockade of Iran and Iranian supreme leader endorses direct talks with American officials

The U.S. lifted its blockade of Iran, and oil tankers began freely moving through the Strait of Hormuz after months of being unable to use the critical channel

AAP

Iranian supreme leader endorses direct negotiations with the US

Iranian Supreme Leader Ayatollah Mojtab Khamenei endorsed direct negotiations with the U.S. late Thursday in a statement read by state media

France 24

US-Iran deal: Key questions remain over status of Strait of Hormuz

The reopening of the Strait of Hormuz is at the heart of the Memorandum of Understanding (MOU) signed by the United States and Iran. Under the terms of the deal, the US will immediately lift its blockade of Iranian ports. The Islamic Republic, for its part, will reopen the Strait…

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