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Brent crude climbed to $81.92 a barrel after the United States and Iran each said the strait is under its control. Fighting has blocked tanker traffic, and U.S. officials called for a 20 percent payment on cargo to cover protection costs.
news.sky.com@AJEnglish reported that EU foreign ministers met in Brussels on July 13, 2026, and largely favoured a ban on trade with Israeli settlements. President Trump also announced the resumption of a U.S. blockade on Iran in the Strait of Hormuz the same day.
abcnews.go.comAn Israeli strike targeted an industrial area in western Gaza City on July 12, 2026. The attack is part of renewed fighting between the United States and Iran that has disrupted shipping and prompted regional responses.
thoughtcatalog.comA U.S. military delegation reached Beirut to help implement a June 26 framework agreement for ending fighting between Israel and Hezbollah. Technical talks between Lebanon and Israel are scheduled in Rome next week, with the first pilot withdrawal zone expected to launch within d…
jns.orgPresident Trump threatened new strikes on Iran hours after declaring the U.S.-Iran ceasefire over. U.S. forces hit more than 80 targets, Iran responded with attacks on U.S. sites in Bahrain and Kuwait, and oil prices rose above $76 a barrel.
nbcnews.comAttacks on three commercial vessels in a key shipping strait have pushed crude prices back above levels seen before recent hostilities. The incidents disrupted shipping routes and added volatility to global energy markets.
riotimesonline.comPresident Donald Trump declared the ceasefire over following U.S. military strikes in response to attacks on three ships in the Strait of Hormuz. Markets reacted with higher oil prices and mixed stock performance.
theiranproject.comOil prices increased while global stocks and bond prices declined after the United States ended a memorandum of understanding with Iran. Investors moved away from risk assets following the announcement.
The Bank of England kept its countercyclical capital buffer rate at 2 percent in the Financial Stability Report released July 7. The Financial Policy Committee assessed household, corporate and banking resilience while noting increased leverage and AI-related financing activity.
Iran conducted strikes on vessels in the Strait of Hormuz weeks after the United States and Iran agreed to pursue negotiations. The attacks raise questions about the durability of the cease-fire and potential effects on oil shipments through the waterway.
jns.orgItaly’s Foreign Ministry announced that the ambassadors will meet for the sixth round of U.S.-mediated discussions aimed at de-escalation. The talks follow a framework agreement signed last month after a ceasefire between the Israeli army and Hezbollah.
Russian Urals crude averaged $41.66 a barrel during the first three days of July. The price matches pre-conflict levels and removes the revenue increase Moscow recorded after shipping through the Strait of Hormuz resumed.
pbs.orgSaudi Aramco will sell Arab Light crude at a $1.50 discount to the benchmark, the first such move since 2020. The record reduction follows a surge in global supply after the mid-June US-Iran peace deal reopened the Strait of Hormuz.
The IndependentSeven OPEC+ members agreed to raise combined oil production by 188,000 barrels per day starting in August. The move marks the fifth consecutive month of output increases by the group.
forexlive.comThe exchange will introduce a smaller contract size following increased retail trading activity in crude oil futures. The change comes after the Iran conflict prompted more individual investors to place bets on oil prices.
riotimesonline.comOil shipments through the Strait of Hormuz continue at roughly one-third of pre-war volumes. Market pricing reflects an expected surplus despite the reduced flow.
Brent and WTI prices rose about 0.5 percent in early Asian trade on Friday. The gains came as tanker traffic through the Strait of Hormuz increased following a U.S.-Iran memorandum to negotiate a deal.
theepochtimes.comThe seven-member OPEC+ group is expected to approve another production quota increase for August. The decision follows earlier hikes that began after U.S. and Israeli strikes on Iran.
benzinga.comBrent crude futures for August delivery reached $70.82 per barrel, the lowest level since February 27. The decline followed statements from Qatar and oil analysts about indirect talks between U.S. and Iranian officials.
benzinga.comCrude oil prices recorded their steepest quarterly drop since 2020 as Brent shed close to 40 percent. Traders cited optimism over a potential U.S.-Iran peace deal, though tanker traffic through the Strait of Hormuz remained below pre-conflict levels.
theiranproject.comU.S. representatives reached Doha to discuss Iran negotiations with Qatari mediators. Iran stated it would not hold direct meetings until all points in a 14-point memorandum are fulfilled.
swarajyamag.comMaritime traffic through the Strait of Hormuz increased Monday after weekend exchanges of strikes between the U.S. and Iran. Tracking data showed 40 vessels passed through the waterway on Monday compared with 24 on Sunday.
cnbc.comBrent crude prices are on track for a 30.4% decline in the second quarter of 2026, the largest quarterly drop since the first quarter of 2020. The decline follows a U.S.-Iran agreement that allowed tanker traffic through the Strait of Hormuz to resume.
moneycontrol.comBrent crude prices dropped from triple digits to around $72 a barrel after the Strait of Hormuz reopened to commercial traffic. OilPrice.com reported that an interim U.S.-Iran agreement and recent strikes have left shipping under daily quotas with elevated insurance costs.
Oil prices declined after the United States and Iran reached a 60-day ceasefire. Tankers are leaving the Persian Gulf, and some cargoes are trading at discounts.
Brent crude gained 1.9 percent at the open while U.S. stock-index futures advanced modestly. Markets reacted to reports of renewed airstrikes between the United States and Iran.
citizen.co.zaThe United Arab Emirates sent a phone alert warning of potential missile strikes, then instructed residents to disregard it. Markets reacted with lower stock futures and higher oil prices before the retraction.
TimeIran struck a Singapore-flagged cargo ship in the Strait of Hormuz on Thursday, damaging its bridge with an unknown projectile. The attack prompted the IMO to pause its escort operations for stranded vessels, while oil prices rose briefly before easing.
japantimes.co.jpBrent crude prices returned to pre-conflict levels after tanker traffic through the Strait of Hormuz increased. The change followed reported progress toward a U.S.-Iran agreement.
nypost.comBrent crude dropped 3.1 percent to $73.13 a barrel and West Texas Intermediate fell 3.8 percent to $70.43. The declines followed an International Maritime Organization announcement that Iran and Oman will coordinate the evacuation of more than 11,000 seafarers from the Strait of…
rigzone.comChina has reduced crude imports and drawn on stockpiles during the conflict, keeping global prices below earlier forecasts. The International Energy Agency now projects a possible supply glut next year if the strait reopens.
Al JazeeraIranian negotiators left Switzerland after 18 hours of talks with U.S. counterparts. Tehran said progress was made on oil export waivers and asset releases, while oil prices fell.
The Free PressPresident Trump threatened military action and toll collection if Iran closes the Strait of Hormuz, while U.S. and Iranian diplomats began mediated talks in Switzerland on June 22, 2026.
realclearmarkets.comOil prices came under renewed pressure Friday after conflicting reports surfaced about a possible reopening of the Strait of Hormuz. A fragile U.S.-Iran arrangement appears increasingly uncertain amid ongoing regional tensions.
abcnews.go.comVice President Vance addressed Republican criticism of the U.S.-Iran memorandum of understanding on June 18. Markets rose as oil shipments through the Strait of Hormuz reached a conflict high.
breakingnews.iePrime Minister Mark Carney said the agreement removes the risk of Iran acquiring a nuclear weapon. He had previously described the military action that preceded the deal as worth it for the same reason.
news.google.comA memorandum of understanding and restored oil shipments through the Strait of Hormuz lowered prices and supported gains in U.S. stocks and bonds. The dollar rose against the yen, pressuring gold and bitcoin prices lower.
Substrate placeholder — needs reviewCrude benchmarks rose slightly Wednesday afternoon while remaining under $80 a barrel. The Interior Department agreed to pay $765 million to terminate four offshore wind leases.
middleeasteye.netThe agreement follows three months of fighting and an energy market shock. Officials said the deal prompted an immediate market reset.
President Trump announced a U.S.-Iran peace deal Sunday that includes a 60-day cease-fire and reopening of the Strait of Hormuz. Shipping companies have not resumed transits, and lawmakers say they lack details.
activistpost.comTraders now assess that the volume of oil supply lost after the Strait of Hormuz closure was smaller than initial reports of more than 10 million barrels per day. Alternative export routes and reduced Chinese imports helped limit the shortfall.
theiranproject.comThe agreement reached Sunday gives both sides 60 days to negotiate a broader accord. The Strait of Hormuz will not fully reopen until Friday.
Substrate placeholder — needs reviewVice President JD Vance appeared on morning television programs Monday to discuss a framework agreement between the U.S. and Iran. The deal, scheduled for formal signing June 19 in Switzerland, would reopen the Strait of Hormuz for 60 days.
pakistantoday.com.pkThe conflict that began on 28 February has killed several thousand people and triggered sharp increases in fuel and food prices. A peace deal has been announced, but its terms remain unclear.
thehindu.comVice President J.D. Vance stated Monday that a pending agreement would reopen the Strait of Hormuz and begin 60 days of negotiations on Iran's nuclear program. Oil prices fell to around $80 per barrel after the announcement.
america.cgtn.comVice President JD Vance said Monday that negotiators aim to release the text of an agreement to end the war in Iran and reopen the Strait of Hormuz. The deal would keep the waterway toll-free on a long-term basis.
BenzingaBitcoin rose above $65,000 on Monday following President Trump's announcement of a framework agreement with Iran. The deal would lift a naval blockade and reopen the Strait of Hormuz once signed.
foxnews.comThe agreement was announced Sunday. Gasoline prices fell to $3.07 per gallon the next day.
Abc NewsPresident Trump will travel to France for the G7 summit scheduled June 15-17. The meeting follows recent U.S.-Iran military developments and ongoing fighting in Ukraine.
Substrate placeholder — needs reviewIran and the United States will halt all fighting and lift the U.S. naval blockade of the Strait of Hormuz under a memorandum of understanding. Officials digitally signed the document on Sunday and plan a formal signing in Geneva on Friday.
biznews.comThe U.S. blockade of Iranian ports remains in effect until a ceasefire agreement is formally signed Friday in Geneva. President Trump announced a preliminary deal on Sunday that would reopen the Strait of Hormuz.
sabcnews.comOfficials said a memorandum of understanding could be signed this weekend, with the strait set to reopen once finalized. Markets rallied and oil prices fell on the news, though U.S. forces shot down two Iranian drones and Iran halted a tanker.
nbcnews.comOfficials said a potential agreement could open the Strait of Hormuz and end hostilities. The development follows recent threats of escalated strikes and direct attacks between the parties.
winnipegfreepress.comBrent Crude dropped more than 4 percent in early Friday trading after reports of progress toward a U.S.-Iran agreement. Both Brent and WTI benchmarks moved toward three-month lows.
indiatoday.intoday.inPresident Trump announced a memorandum of understanding with Iran on June 11 and canceled planned strikes. Iranian officials said the text remained under review and no agreement had been finalized.
Oil prices increased following renewed exchanges of fire between the United States and Iran. The developments come after two consecutive days of reported military activity between the two countries.
EuronewsThe European Central Bank increased borrowing costs Thursday, becoming the first G7 central bank to tighten policy amid the Middle East energy crisis. Markets had already priced in the move after oil prices climbed sharply.
U.S. forces conducted additional airstrikes on multiple Iranian cities overnight into June 11, 2026. Explosions were reported in Tehran, Bandar Abbas and southern areas near the Strait of Hormuz.
President Trump stated that U.S. measures have removed millions of barrels of Iranian oil from the market. He linked the actions to current global oil prices and said prices would fall further once military conflict ends.
The HillIran conducted 21 attacks on U.S. bases and other sites in the Middle East overnight in response to earlier U.S. strikes. U.S. and allied forces reported intercepting all incoming missiles and drones with no reported damage or injuries.