Dozens of ships resume transit through Strait of Hormuz after US-Iran deal
Maritime traffic through the Strait of Hormuz has increased after the United States and Iran signed a deal aimed at ending the war. At least 172 vessels have crossed the waterway since the agreement was signed, including 42 ships on Saturday alone, according to maritime intelligence data. The movement comes after a period of disruption in one of the world's most important energy chokepoints.The latest figures show the pace of transits remains below the pre-conflict average of about 138 crossings a day, but the flow has clearly resumed. Ship-tracking data indicates that more than 200 tankers were waiting inside the... [Continue Reading]
360LiveNews | 23 Jun 2026 16:30 LONDON
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US-Iran talks continue amid 60-day oil sanctions waiver and Hormuz communication line
The first round of US-Iran talks has produced a temporary easing of pressure on Iranian oil exports, with the United States waiving sanctions on Iranian oil for 60 days after the opening day of negotiations. The two sides have also established a communication line for the Strait of Hormuz, aimed at avoiding incidents and miscommunication and helping ensure safe passage for commercial vessels. The arrangement comes as both governments continue to present different accounts of what was agreed in Switzerland.According to the supplied material, the talks were triggered by a memorandum of understanding signed last week and are being mediated... [Continue Reading]
360LiveNews | 23 Jun 2026 14:59 LONDON
Iran and US clash over interpretation of Switzerland framework deal
Iran has moved to challenge Washington's account of what was agreed in the latest round of talks in Switzerland, widening a dispute over the terms of a framework deal that both sides have presented very differently. The disagreement emerged within hours of the negotiations ending, with Tehran saying the text should be read narrowly and the US president insisting Iran had accepted major concessions. The clash now centres on nuclear inspections, sanctions relief and the future of maritime security in the Strait of Hormuz.Donald Trump said Iran had agreed to the "highest level" of nuclear inspections for the long term,... [Continue Reading]
360LiveNews | 23 Jun 2026 14:29 LONDON
Iran says only a limited number of ships may pass daily through the Strait of Hormuz
Iran has said that only a limited number of vessels will be allowed to pass through the Strait of Hormuz each day, adding a new restriction to the reopening of one of the world's most important energy chokepoints. The statement was reported on Tuesday by Iran's state news agency, citing a military official. It said the daily number would vary depending on conditions in the region.No figure was given for how many ships would be permitted to transit. The announcement comes after a peace agreement signed between the United States and Iran last week, which reopened the strait but did... [Continue Reading]
360LiveNews | 23 Jun 2026 13:00 LONDON
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Strait of Hormuz traffic surges to highest level since war began
At least 35 cargo ships crossed the Strait of Hormuz on Tuesday, marking the busiest day in the waterway since the Middle East war began in late February. The figure was reported by the data platform Kpler and comes a week after an announcement of a memorandum of understanding between Iran and the United States. The rebound is notable because the strait is a strategic passage for global trade in hydrocarbons and other goods.The reported traffic level was still well below peacetime volumes, when about 120 ships passed through the strait each day. During the war, from 1 March to... [Continue Reading]
360LiveNews | 23 Jun 2026 11:33 LONDON
US eases Iran oil sanctions for 60 days after nuclear inspection deal
The United States has temporarily eased sanctions on Iranian oil for 60 days after Iran agreed to allow international nuclear inspectors back into the country. The latest development was reported as talks continued in Switzerland, where the two sides were also said to have reached agreement on the release of $12bn in frozen Iranian funds. The move comes amid negotiations linked to the wider conflict, which the supplied material says is now on day 116.Iran's top negotiator, Mohammad Bagher Ghalibaf, said an agreement had been reached with the United States on the frozen funds after the Swiss talks. The reported... [Continue Reading]
360LiveNews | 23 Jun 2026 09:59 LONDON
India Welcomes US-Iran Memorandum With Cautious Optimism at BRICS Meeting in New Delhi
India's national security adviser Ajit Doval said on Tuesday that New Delhi welcomes the memorandum of understanding between the United States and Iran with "cautious optimism". He said the deal could help energy security and described the opening of the Strait of Hormuz as a welcome development. The remarks were made at the 16th BRICS national security advisers' meeting in New Delhi, where representatives from China, Russia and Iran were also present.Doval said India hoped the memorandum would work, adding that it could support energy security at a time of wider geopolitical uncertainty. He referred to BRICS as a "very... [Continue Reading]
360LiveNews | 23 Jun 2026 09:00 LONDON
US pushes Iran deal to Gulf allies amid Hormuz and sanctions talks
US Secretary of State Marco Rubio is meeting Gulf leaders in the United Arab Emirates as Washington seeks support for a draft peace framework with Iran. The talks are part of a wider diplomatic effort that also takes Rubio to Kuwait and Bahrain, where he is due to meet officials from the Gulf Cooperation Council. The discussions come as Gulf states weigh the regional security and energy implications of any deal that could reshape relations between Washington and Tehran.According to the supplied material, the draft agreement does not include limits on Iran's ballistic missiles and would establish a proposed $300... [Continue Reading]
360LiveNews | 23 Jun 2026 06:59 LONDON
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Iran and US make progress on Hormuz mechanism amid new Trump threats
Mediators said talks in Switzerland produced significant progress on a mechanism to keep the Strait of Hormuz open, after about 18 hours of discussions between Iranian and US officials. Iran's delegation returned from the talks having agreed, in principle, a safe-passage arrangement for the waterway, which is one of the world's most sensitive shipping routes. The same round of diplomacy also covered the Lebanon ceasefire, according to the supplied material.US Vice President JD Vance said Sunday had been "a very, very good day" before leaving the Alpine venue that hosted the talks. He said the aim had been to build... [Continue Reading]
360LiveNews | 22 Jun 2026 15:29 LONDON
US and Iran talks in Switzerland move forward after brief walkout
The United States and Iran have made further progress in high-level talks in Switzerland, after a tense start that included a brief walkout by Iranian negotiators. According to the latest confirmed details, the two sides reached several key understandings during their first high-level session in the country. Those understandings include a 60-day timeline to finalise a deal, the creation of a High Level Committee to oversee the negotiations, and communication mechanisms for the Strait of Hormuz.The talks were described as continuing after the initial disruption, with a US official saying discussions were expected to run into the early hours of... [Continue Reading]
360LiveNews | 22 Jun 2026 05:29 LONDON
Shipping through Strait of Hormuz falls sharply after Iran declares waterway shut
Ship-tracking data showed a sharp drop in traffic through the Strait of Hormuz on Sunday after Iran's Islamic Revolutionary Guard Corps declared the waterway shut. An analysis by maritime intelligence company Windward said 12 vessels crossed the strait that day, down from 35 transits the previous day. The same data showed five of eight vessels entering the strait had their Automatic Identification Systems turned off.Windward described the traffic pattern as "dark, sanctioned, Iranian-linked," saying it resembled a late-blockade baseline rather than an open strait. Maritime traffic had been showing signs of recovery before the latest disruption, with 25 vessels transiting... [Continue Reading]
360LiveNews | 22 Jun 2026 03:59 LONDON
Three India-flagged oil tankers transit Strait of Hormuz safely
Three India-flagged crude oil tankers have safely crossed the Strait of Hormuz and are now en route to India, according to well-placed sources in the Ministry of Shipping, Ports and Waterways. The vessels are the Desh Vaibhav, Desh Vibhor and Sanmar Herald. Together, they are carrying more than 8.6 lakh metric tons of cargo and have 94 Indian crew members on board.The ministry sources said the Desh Vaibhav is expected to arrive in Vadinar on June 24 with 37 Indian seafarers and 2,86,572 metric tons of crude oil. The Desh Vibhor, carrying 2,88,893 metric tons and 27 Indian crew members,... [Continue Reading]
360LiveNews | 20 Jun 2026 17:03 LONDON
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Trump repeats claims that US strikes in Iran 'wiped out everything'
US President Donald Trump has repeated claims that American strikes in Iran destroyed much of the country's military capability, saying the attacks had knocked out its navy, air force, radar and anti-missile systems. He made the remarks at an event linked to the unveiling of a new Air Force One aircraft, where he also said the United States had "wiped out everything" in Iran. The comments add to his recent public framing of the conflict as a decisive military success.Trump also warned that any further action could affect oil flows through the Strait of Hormuz, saying ships carrying oil could... [Continue Reading]
360LiveNews | 20 Jun 2026 08:00 LONDON
Oil prices ease after Middle East peace deal as Strait of Hormuz disruption lingers
Oil prices have fallen after a shaky peace deal was announced in the Middle East, easing some of the immediate pressure on consumers and markets. The move comes after months of disruption linked to the blockade of the Strait of Hormuz, one of the world's most important energy shipping routes. Shipping is expected to resume only gradually, and the effects of the disruption are still being felt across fuel and utility costs.At the start of this year, oil was priced at about $60 per barrel, before the outbreak of war pushed it to $118 on 31 March. Since mid-May, repeated... [Continue Reading]
360LiveNews | 20 Jun 2026 07:29 LONDON
Israel hosts Somaliland president for first state visit and signs strategic cooperation deal
Israel has given Somaliland President Abdirahman Mohamed Abdullahi a formal state welcome in Jerusalem, in what officials described as the first state visit by a Somaliland leader. The visit took place six months after Israel became the first country to recognise Somaliland's independence from Somalia. It also included a strategic cooperation agreement, signalling an effort by both sides to move beyond symbolism.Abdullahi, also known as Cirro, said during a meeting with Prime Minister Benjamin Netanyahu that he was in Israel for the first state visit ever by a Somaliland president. He said Somaliland had spent 35 years asking the world... [Continue Reading]
360LiveNews | 20 Jun 2026 06:00 LONDON
Iran-US memorandum takes effect as Hormuz transit resumes and Switzerland talks loom
Commercial shipping has resumed through the Strait of Hormuz after the United States and Iran brought their memorandum of understanding into effect, according to the supplied rows. The reopening is being treated as one of the first practical signs that the agreement is being implemented, after weeks of disruption to a route that carries a large share of the world's oil. The rows say the deal was signed on 17 June and that transit charges for commercial vessels have been suspended for 60 days.The latest reporting adds that the global market response has been mixed, even with the waterway reopening.... [Continue Reading]
360LiveNews | 19 Jun 2026 17:00 LONDON
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Trump says Iran will receive no money as US-Iran peace deal faces friction over Hormuz access
US President Donald Trump has said Iran will not receive any money, sharpening tensions just days after Washington and Tehran signed a peace agreement that includes a reconstruction and economic development plan for Iran. His remarks came amid confusion over how the deal will be financed and whether the Strait of Hormuz remains open to normal traffic. Maritime reporting also suggested the waterway may have been reclosed or restricted, adding to uncertainty around one of the world's most important energy chokepoints.The agreement was signed on Wednesday, 17 June, by Trump and Iranian President Masou Pezeshkian, according to the supplied material.... [Continue Reading]
360LiveNews | 19 Jun 2026 14:00 LONDON
Vance publicly rebukes Israel from White House podium amid US-Iran deal fallout
United States Vice President JD Vance has delivered unusually blunt public criticism of Israel from a White House podium, sharpening tensions already exposed by the US-Iran deal. Speaking on Thursday local time, he said Israel should be grateful for American support and warned Israeli leaders to reassess their stance toward Washington. His remarks came as debate over the agreement continued to widen and as relations between the two allies appeared to be under strain.Vance said President Donald Trump was the only head of state in the world sympathetic to Israel at this moment, and argued that Israeli officials should not... [Continue Reading]
360LiveNews | 19 Jun 2026 06:29 LONDON
US lifts maritime blockade on Iranian ports as compliance monitoring continues
The United States has ended blockade enforcement on all maritime traffic entering and leaving Iranian ports and coastal waters, according to a statement from US Central Command. The move marks a further step in the maritime de-escalation that followed the signing of a US-Iran peace agreement. CENTCOM said American forces are no longer impeding vessels travelling to or from Iranian ports.In its statement, CENTCOM said all US military blockade enforcement efforts had ceased in line with the president's direction. It added that US naval ships would remain in the general area to ensure the agreement is followed. The decision was... [Continue Reading]
360LiveNews | 19 Jun 2026 03:59 LONDON
US and Iran sign interim memorandum in France as Brazil urges compliance and end to attacks
The United States and Iran have signed an interim memorandum of understanding in France that is intended to end their conflict and reopen key shipping routes, according to the supplied report. The agreement is being presented as a diplomatic breakthrough after months of war and repeated failed talks. It includes terms that would suspend sanctions, allow free transit through the Strait of Hormuz and halt attacks between the two sides.Brazil's foreign ministry said it welcomed the agreement with satisfaction, while stressing that the terms must be fully respected and that attacks must stop. The ministry said diplomacy was the only... [Continue Reading]
360LiveNews | 19 Jun 2026 03:30 LONDON
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Iran backs direct US talks as Khamenei warns against excessive demands
Iran's supreme leader has publicly endorsed direct negotiations with the United States, in his first reaction to a memorandum of understanding signed by Donald Trump and Masoud Pezeshkian to end the war between the two countries. Ayatollah Mojtaba Khamenei's statement was read on Iran's state broadcaster and later posted in English on his official X account. He said he had authorised the agreement despite holding a different view of it.Khamenei said the decision followed a commitment from Pezeshkian, in his role as head of the Supreme National Security Council, to safeguard the rights of the Iranian nation and the "Resistance... [Continue Reading]
360LiveNews | 19 Jun 2026 02:29 LONDON
Iranians voice anger as United States signs ceasefire deal with Tehran after more than 100 days of war
People in Iran are reacting with anger and disappointment after the United States signed a memorandum of understanding with Tehran to end hostilities. The agreement comes after more than 100 days of war, according to the supplied material, and follows a period of severe disruption inside Iran. Those interviewed described feeling betrayed by the deal and said they had expected a different outcome from the conflict.The row says the memorandum of understanding was signed between Washington and Tehran, and that Donald Trump told reporters in France he had signed the deal. It also says the war began on 28 February,... [Continue Reading]
360LiveNews | 19 Jun 2026 01:30 LONDON
Pakistan signals fuel price cuts as oil falls after US-Iran peace framework
Pakistan's petroleum minister has said the government is considering reducing fuel prices after the announcement of a peace framework between the United States and Iran. Ali Pervaiz Malik said the administration would "bring good news regarding a reduction in petroleum prices" after the two sides agreed on a plan to end hostilities. The comments came as global oil markets reacted to the prospect of a wider easing in Middle East tensions.Malik said Prime Minister Shehbaz Sharif had already assured the public that any fall in global oil prices would be passed on to consumers. The reported deal is expected to... [Continue Reading]
360LiveNews | 18 Jun 2026 18:01 LONDON
Oil falls and Asian stocks rally after US-Iran interim peace deal
Oil prices fell and Asian equities rose on Thursday after the United States and Iran signed an interim peace agreement that eased fears of further disruption to global energy supplies. Brent crude dropped as much as 1.6 percent in early Asian trading, while benchmark indices in Japan, South Korea and Taiwan moved higher. The market reaction came after several days of volatility linked to the war between the two countries and renewed concern over the security of shipping routes in the Gulf.Brent crude was down 1.9 percent in Asia, with August futures at $78.07 by 04:30 GMT, leaving the benchmark... [Continue Reading]
360LiveNews | 18 Jun 2026 06:01 LONDON
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US and Iran finalize memorandum of understanding electronically as Geneva ceremony is called off
Iran's foreign ministry says a memorandum of understanding with the United States has now been finalised and signed electronically by both sides, with the agreement already in force. Foreign ministry spokesperson Esmaeil Baghaei said the text of the Islamabad Memorandum of Understanding had been completed and that it was time to test implementation of the deal. The development marks a shift from uncertainty over whether the arrangement would be signed at all to confirmation that the document has been put into effect.Baghaei said there would be no signing ceremony on Friday in Geneva, as had previously been expected, because the... [Continue Reading]
360LiveNews | 18 Jun 2026 01:59 LONDON
Bank of England expected to hold interest rates at 3.75% as inflation stays below forecasts
The Bank of England is expected to leave interest rates unchanged when policymakers announce their latest decision on Thursday at 12:00 BST. Analysts widely expect the Monetary Policy Committee to keep the benchmark rate at 3.75% for a fourth consecutive meeting. The decision comes as officials continue to monitor the impact of events in the Middle East on energy prices and the wider inflation outlook.Official figures published on Wednesday showed UK inflation at 2.8% in the year to May, below what many had feared after the disruption caused by the US-Israel war with Iran. The Office for National Statistics said... [Continue Reading]
360LiveNews | 18 Jun 2026 00:35 LONDON
US and Iran still signal unresolved details ahead of planned Switzerland signing
The United States and Iran are still presenting mixed signals over a preliminary peace memorandum tied to the war in the Middle East, with a planned in-person signing due in Switzerland on Friday. The document was reported to have been signed virtually at the weekend, but both sides have indicated that important details remain unsettled. The latest statements suggest the process is moving forward, while also leaving open the possibility that the ceremony could still be delayed or fall through.According to the material published on Wednesday, the text of the document was circulated by Iran's state news agency and matched... [Continue Reading]
360LiveNews | 17 Jun 2026 21:00 LONDON
US releases text of ceasefire deal struck with Iran as weekend talks loom
Senior US officials have read out the text of a memorandum of understanding struck with Iran, setting out the main terms of a ceasefire and wider diplomatic deal. The agreement includes American commitments to remove sanctions imposed on Tehran, alongside provisions on uranium down-blending and regional security. Officials said the two sides electronically signed the memorandum over the weekend and are expected to sign it again in person on Friday.The draft text also refers to a $300 billion reconstruction fund for Iran, to be financed through private equity from several countries. It says the US would work to end all... [Continue Reading]
360LiveNews | 17 Jun 2026 19:00 LONDON
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Strait of Hormuz expected to reopen after US-Iran agreement
The Strait of Hormuz is expected to reopen on Friday after nearly four months of disruption, following a US-Iran agreement aimed at ending the Middle East war. The shipping lane is one of the world's most important energy routes, and its reopening is likely to be watched closely by oil markets, ship operators and insurers. The closure had left vessels stranded in Gulf waters and forced maritime traffic to slow or stop.The strait normally carries about 20% of global crude oil supply, according to the supporting material. About 500 ships and 20,000 seafarers were stranded during the shutdown, according to... [Continue Reading]
360LiveNews | 17 Jun 2026 16:33 LONDON
Strait of Hormuz remains largely blocked after US-Iran deal announcement as shipping stays cautious
Shipping through the Strait of Hormuz remains far below normal three days after a preliminary Iran-US deal was announced, with operators and insurers still waiting for signs that the route is safe and stable. Ship-tracking data cited in the supplied material shows only seven vessels have passed through since Sunday, despite the agreement being described by both sides as reopening the waterway. The narrow passage, which links the Gulf to the Gulf of Oman, is one of the world's most sensitive maritime chokepoints and the latest figures suggest traffic has not yet recovered.The material says that before the war, between... [Continue Reading]
360LiveNews | 17 Jun 2026 15:59 LONDON
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Iranian tankers cross US blockade line in Gulf of Oman as talks approach
Three Iranian tankers loaded with crude oil have crossed a US blockade line in the Gulf of Oman, according to ship-tracking data. Two of the vessels were broadcasting their locations as they passed the line, while a third appeared to switch on its tracker just beyond it. The movement comes as Washington says the blockade will remain in force until a deal with Iran is signed in Switzerland on Friday.The tankers are named Diona, Hero II and Sonia I, and all three are Iran-flagged and owned by the National Iranian Tanker Company. The company and the ships are sanctioned by... [Continue Reading]
360LiveNews | 17 Jun 2026 15:29 LONDON
Trump says Iran deal is not final and warns of renewed bombing at G7 summit
US President Donald Trump has said the memorandum of understanding with Iran is not final, warning that the United States could resume bombing if he does not like the deal or if Iran does not behave. He made the remarks at the G7 summit in France, where leaders had already signalled support for the tentative understanding. Trump also said the arrangement does not include immediate sanctions relief for Iran, underscoring that key elements remain unsettled.The comments came as the G7 issued a declaration backing the deal as a way to open the Strait of Hormuz and extend a shaky ceasefire.... [Continue Reading]
360LiveNews | 17 Jun 2026 12:29 LONDON
Russian warship warning shots near UK-flagged yacht in Channel as Starmer calls incident reckless
British Prime Minister Keir Starmer has described as "reckless" the firing of warning shots by a Russian frigate near a UK-flagged civilian yacht in the English Channel. The incident took place on Tuesday about 20 nautical miles south of the Isle of Wight, outside UK territorial waters, according to statements from the British and Russian defence ministries. Starmer said the episode was "deeply concerning" but did not amount to anything more sinister, while stressing that Russia remains aggressive across Europe.The Russian Ministry of Defence said the frigate Admiral Grigorovich fired warning shots after its crew spotted the yacht Bright Future... [Continue Reading]
360LiveNews | 17 Jun 2026 11:33 LONDON
US uses ship-to-ship transfers to keep Gulf oil exports moving amid Hormuz disruption
The United States has been using a large network of ship-to-ship oil transfers to keep Gulf crude exports moving amid disruption in the Strait of Hormuz. The operation has involved moving cargoes away from the most vulnerable parts of the waterway and into larger vessels outside the strait. It has taken place near Sohar in Oman and Fujairah in the United Arab Emirates, according to the supplied material.Reuters-reviewed data cited in the report says at least 116 vessels have taken part since early May. The cargoes have included crude oil, condensates and petroleum products. The transfers are said to be... [Continue Reading]
360LiveNews | 17 Jun 2026 08:00 LONDON
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