The Business Times
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Iran

Global Enterprise

Middle East producers push on with oil and LNG loadings despite ship attacks

Smoke rises from a residential building in Muharraq, Bahrain, on Jun 28. According to the Bahraini Interior Ministry, it was hit by an Iranian drone.
Global Enterprise

Mediators set up de-escalation channels ahead of US-Iran talks, source says

The International Maritime Organization and Oman announced a new southern route through the strait to evacuate ships stranded by the war, angering Teheran.
International

Iran reasserts its right to control shipping in Strait of Hormuz after ship hit near Oman

US President Donald Trump has said in a social media post that Iran had agreed to the "highest level nuclear inspections long into the future".
International

Trump defends unfreezing Iran funds as part of deal

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 18, 2026.
International

US waives Iran sanctions, Trump warns Teheran it must abide by agreement

Traffic through the Strait of Homuz is increasing, pointing to growing confidence among shipowners and traders about sending vessels through as tensions ease.
International

Iran says US$12 billion to be unfrozen ahead of Rubio’s Gulf tour

While US Secretary of State Marco Rubio needs to assuage Gulf allies, he must do so without appearing to criticise the US-Iran memorandum of understanding.
International

After interim deal, Rubio faces tough task of selling US-Iran reset to wary Gulf allies

Washington first sanctioned Iran in 1979, after revolutionary students seized the US embassy in Teheran, holding diplomats hostage.
International
NEWS ANALYSIS

‘Tangled nest’: Unwinding US sanctions on Iran after interim deal won’t be easy or quick

Iran, which has long sold its shipments primarily to China, due to sanctions constraints, is eager to find a wider range of buyers and to clear oil currently in tankers.
Energy & Commodities

Iran rushes to woo Asia’s largest oil importers after US waiver

US Vice-President Vance on Jun 22 said negotiators had “set up the mechanism” to ensure the Strait of Hormuz remains open.
Global Enterprise

US suspends Iran oil sanctions, says nuclear inspectors to return amid optimism after first talks

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