- Israeli aggression targets Lebanese territory while Iran supports Hezbollah in the region, amidst monitoring talks.
- In the context of the ongoing Israeli-Iran tensions, Donald Trump announced deals regarding the conflict in West Asia.
- Trump threatened control of the strategic Strait of Hormuz and held trade talks amid Iranian proxy activity.
- The US granted Iran a 60-day sanctions waiver and threatened to restart war over shipping disruptions in the Strait of Hormuz.
Strait choking causes energy shocks and supply chain disruption.
1 report, 1 independent
Updated Jun 23
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What happened
Strait choking causes energy shocks and supply chain disruption.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The US granted Iran a 60-day sanctions waiver and threatened to restart war over shipping disruptions in the Strait of Hormuz.Also in this story
- Iran has taken major escalatory actions, including closing the Strait of Hormuz, while regional leaders comment on the geopolitical situation.
- US-Iran talks are underway regarding sanctions and food purchases, while Israeli talks address security and ceasefire issues.
The entities involved
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Hormuz
city in Hormozgan Province, Iran
Related events
- Disruptions stemming from the Iran conflict are pushing up fuel and freight costs and impacting global supply chains.
- Strait closure disrupts global energy supplies as back-and-forth strikes escalate regional tensions, with Trump warning Iran.
- Global supply issues, driven by the Middle East conflict and Hormuz Strait blockade, are pressuring UK energy prices and affecting national inflation warnings.