Palestine

ING flags risks to Hormuz reopening as US-Iran MoU starts the clock on talks

bnm Gulf bureau June 18, 2026

ING warns markets are too optimistic on how fast the Strait of Hormuz will reopen under the new US-Iran MoU, with mine clearance and insurance set to slow the return of oil flows for months.

Iran-US deal ends war, lifts naval blockade and sets $300bn rebuild plan

bnm Gulf bureau June 18, 2026

Iran and the US have signed a 14-point MoU ending the war, lifting the naval blockade and setting a $300bn reconstruction plan, with a 60-day window for nuclear and sanctions talks.

Switzerland to host preliminary Iran-US talks following interim peace deal signing

bnm Gulf bureau June 18, 2026

Switzerland to host Iran-US preliminary talks on June 20, with Pakistan and Qatar as mediators, following the signing in Evian by Trump.

Iran says US-Iran memorandum commits to ending war on all fronts including Lebanon

bne IntelliNews June 16, 2026

ran's memorandum of understanding with the US commits to ending the war on all fronts including Lebanon, releasing blocked Iranian funds and lifting a blockade, Deputy Foreign Minister Majid Takht-Ravanchi has said.

COMMENT: Iran and the GCC, the memory remains

Professor Simon Mabon June 15, 2026

Relations across the Gulf have been ruined following more than 100 days of war between Iran, Israel and the US with the Gulf neighbours to the south and east of the Islamic Republic left exposed following a new memorandum with the Trump admin.

Iran's vice president says deal secures national interests, hints at frozen funds

bne IntelliNews June 15, 2026

Iran's executive vice president Mohammad Jafar Ghaempanah has said the deal with the US will secure all of the country's national interests, hinting at the release of billions in frozen funds.

US, Iran reach deal to end war, reopen Strait of Hormuz

bnm Gulf bureau June 14, 2026

The US and Iran have agreed to end their war and reopen the Strait of Hormuz, Pakistan said, with President Donald Trump authorising the lifting of the US naval blockade in a deal set to be signed in Switzerland ahead of markets opening on June 15.

BREAKING: Pakistan says final text of US-Iran peace deal agreed

bnm Gulf bureau June 12, 2026

Pakistani PM Shehbaz Sharif says a final text of a US-Iran peace deal has been agreed, with Islamabad finalising next steps, as US Vice President JD Vance warns against false claims over the terms.

US and Iran said to have agreed text of interim deal, but Tehran plays down talk of a signing

bnm Gulf bureau June 12, 2026

The United States and Iran have reportedly agreed the text of a memorandum of understanding that would extend their ceasefire, reopen the Strait of Hormuz and open the way to further talks on Tehran’s nuclear programme.

Tehran Friday prayer leader warns US will face “hard slap” if it missteps

bnm Gulf bureau June 12, 2026

Tehran Friday prayer leader Khatami says the US understands only the language of force, dismisses talks and ceasefires, and warns of a decisive Iranian response to any aggression.

Trump halts Iran strikes after deal reached with Tehran, Israel surprised

bne IntelliNews June 11, 2026

US President Donald Trump says he has cancelled planned strikes on Iran after a deal was approved at the highest level of Iranian leadership, with a naval blockade to stay in force until it is finalised. Iran has not confirmed.

Trump says US will hit Iran hard, signals move on Kharg Island oil hub in United States

bnm Gulf bureau June 11, 2026

US President Donald Trump says the United States will hit Iran hard and signals an intention to take Kharg Island and Iran's oil infrastructure, comparing the approach to US policy on Venezuela.

UPDATE: Iran closes Hormuz strait following US bombing campaign

bnm Gulf bureau June 10, 2026

The United States says it has launched strikes against targets in Iran, as Iranian state media report explosions near Minab and Sirik, in accounts that official Iranian sources have yet to confirm.

Trump claims Iran naval blockade most effective in history as he declares country a 'failed nation'

bnm Gulf bureau June 10, 2026

Trump declares Iran a "failed nation" as he claims the US naval blockade is history's most effective, saying Tehran cannot pay its military and its armed forces have been "completely defeated."

Albania's Rama hits back at Iran as he suspends Kushner island resort

bnm Gulf bureau June 9, 2026

Albania's Edi Rama has hit back at Iran over alleged cyberattacks as his government suspended Jared Kushner's $4.7bn island resort amid protests and an EU warning that the project threatens Albania's accession bid.

Iran halts strikes on Israel after 'painful response' over Lebanon, commander says

bnm Gulf bureau June 8, 2026

Iran has halted strikes on Israel after what it called a painful response over Lebanon, with parliament speaker Ghalibaf saying Tehran broke the equation of a ceasefire repeatedly violated on the ground.

Fitch raises oil and gas sector outlook to improving on Hormuz closure price effect

bnm Gulf bureau June 8, 2026

Fitch has raised its 2026 oil and gas outlook to improving, lifting its Brent assumption to $87 on a five-month Strait of Hormuz closure, with prices seen at $100-110 before easing to $70 by September.

Asia needs Azerbaijan as Hormuz risks grow

Seymur Mammadov for News.Az in Baku June 8, 2026

The escalating crisis in the Middle East and severe disruptions to energy transportation through the Strait of Hormuz have once again demonstrated how vulnerable the global oil and gas market remains to instability.

Yemen declares ban on Israeli shipping in Red Sea

bnm Gulf bureau June 8, 2026

Yemen's armed forces have declared a total ban on Israeli shipping in the Red Sea, calling any Israeli vessel a military target, as Iran's missile strike on Israel widens the regional conflict.

Iran fires missiles at Israel in first such attack since April ceasefire

bne IntelliNews June 7, 2026

Iran has fired missiles at Israel in the first such attack since April's ceasefire, after Israeli raids on Beirut's suburbs. Trump says he will urge Netanyahu not to retaliate as talks hang in the balance.

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