US Lifts Sanctions on Iranian Oil for the First Time in Almost 8 Years — But There’s a Catch
For the first time since November 2018, American buyers can legally purchase Iranian crude. That’s a genuinely remarkable reversal after nearly eight years of some of the toughest sanctions Washington has ever imposed on another country’s energy sector. But before anyone starts treating this as Iran’s oil industry suddenly reopening to the world, there’s a […]
Iran Claims It Shut Hormuz Again — US Says Ships Are Still Moving — As Both Sides Head to Switzerland
A 14-point peace deal signed just days ago is already being tested, as Lebanon fighting threatens to unravel it before talks even begin in the Swiss Alps The ink on the U.S.-Iran peace deal is barely dry, and already it’s being put through its first real stress test. Iran says it has closed the Strait […]
Trump Threatens US Tolls on Hormuz as Iran Claims Closure — Ceasefire Faces First Real Test
The ink is barely dry on the US-Iran ceasefire, and it’s already under pressure. Iran’s military command announced Saturday that it had shut the Strait of Hormuz again, blaming renewed Israeli strikes in Lebanon. The US military immediately pushed back, insisting traffic through the waterway never stopped and that Iran has no actual control over […]
Oil Prices Crash Below $75 for First Time in Nearly Four Months — Strait of Hormuz Deal Triggers Historic Sell-Off
Pakistan-brokered US-Iran truce, reopening of the world’s most critical oil shipping lane, and a flood of fresh supply send crude into freefall Global oil prices have crashed to their lowest level since early March 2026, with crude tumbling below $75 per barrel for the first time in almost four months as markets respond to one […]
US and Iran Sign Framework Agreement — Strait of Hormuz Reopens in Historic Diplomatic Breakthrough
A deal that few thought possible just months ago: Washington and Tehran step back from the brink, unlocking one of the world’s most critical shipping lanes The United States and Iran have reached a landmark framework agreement that ends active hostilities between the two nations and reopens the Strait of Hormuz to international shipping. The […]