The US has lifted its naval blockade of the Strait of Hormuz, enabling record oil transit volumes amid ongoing US-Iran peace negotiations.
The Strait of Hormuz will reopen immediately after US and Iran sign a peace memorandum, ending port blockades and easing energy market tensions.
Twenty-two countries accuse Iran of orchestrating deadly attacks targeting dissidents and Jewish communities on their territories, demanding an immediate halt.
US Treasury’s OFAC extends MOL’s deadline to June 16 to finalize acquisition of Gazprom’s stake in Serbia’s oil refiner NIS amid sanctions-induced disruptions.
US forces disabled a Gambian-flagged vessel heading to Iran in the Gulf of Oman amid enforcement of the Strait of Hormuz blockade, following repeated warnings.
President Trump demands Iran adhere to US 'red lines,' including a nuclear weapons ban, as framework talks continue amid cautious progress.
The US conducted defensive strikes on southern Iran targets, aiming to protect American troops during an ongoing ceasefire, impacting energy markets and geopolitical risk.
Russian drone strikes hit Kyiv causing casualties and fires, with possible use of the 'Oreshnik' ballistic missile raising escalation concerns in Ukraine conflict.
The UK authorized indefinite imports of diesel and aviation fuel from Russian oil processed abroad, responding to rising fuel prices and global energy supply tensions.
The UAE has reportedly conducted secret airstrikes on Iranian oil infrastructure amid escalating Iranian drone and missile attacks, shifting regional dynamics and impacting key economic sectors.
Iran requires tankers to submit detailed vessel information before transiting the Strait of Hormuz amid rising regional tensions and U.S. naval operations.
Iran launched its first missile and drone strikes on the UAE since a US-Iran truce, prompting regional condemnation and raising concerns over energy security and market stability.
Iran has presented a detailed 14-point peace plan to the US, outlining demands to end the Middle East conflict, while Washington remains skeptical about the proposal's acceptance.
Oil prices surged over 7% as U.S. President Trump threatened a long-term blockade of Iran, raising concerns about supply disruptions through the strategic Strait of Hormuz.
The US Treasury will not extend temporary sanctions exemptions for Russian and Iranian oil imports, signaling tighter restrictions and potential supply impacts.