- Jun 18
US and Iran sign interim peace deal, reopening Strait of Hormuz as oil prices tumble
The US and Iran have signed an interim peace agreement to end their three-month war, reopening the Strait of Hormuz and waiving oil sanctions. Oil prices tumbled as markets priced in the return of Iranian crude, though Donald Trump threatened to resume bombing if commitments are not met.
- Jun 14
US and Iran send mixed signals on peace deal timing as Trump insists on Sunday signing
President Trump announced a Sunday signing for a US-Iran agreement on his 80th birthday, but Tehran says no deal will be sealed today, only possibly in the coming days, leaving the timeline uncertain.
- May 28
US and Iran Trade Strikes Across the Strait of Hormuz, Testing Fragile Ceasefire as Kuwait Is Drawn In
The United States and Iran accused each other of violating a months-long truce after a night of tit-for-tat strikes near the Strait of Hormuz, with Iranian missiles targeting Kuwait and oil prices surging.