An interim deal has been reached concerning oil revenue and the status of the Strait of Hormuz.
1 report, 1 independent
Updated Jun 19
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What happened
An interim deal has been reached concerning oil revenue and the status of the Strait of Hormuz.
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Part of
Global news includes the Federal Reserve raising interest rates, intense fighting in Southern Lebanon, and negotiations concerning oil movement through the Strait of Hormuz.Also in this story
- Trump seeks victory in US-Iran sweepstakes amid canceled negotiations following Lebanon attacks.
- US lifts naval blockade of Iranian ports and terminates military operations in Lebanon amid talks in Geneva.
- A government has announced its intent to pass on oil price benefits, coinciding with the resumption of tanker traffic, which is easing global oil supply concerns.
- Ceasefire talks are underway between Israel and Hezbollah, while the IRGC Navy has declared the Strait of Hormuz closed, escalating tensions between Iran and Israel.