Strait of Hormuz

US Vice-President JD Vance (centre) and White House envoy Jared Kushner (left) at the US-Iran talks in the Buergenstock resort in Switzerland on Jun 21.

Fresh Trump threat angers Teheran, as US-Iran peace talks open in Switzerland

The Iranian delegation halted talks over Trump’s latest threat and refused to return, reported Iranian media

This comes as Tehran’s Islamic Revolutionary Guard Corps on Jun 20 declared the waterway shut again in response to Israeli strikes in Lebanon.

Shipping slows after Iran says it has again shut the Strait of Hormuz

Five vessels passed through the strait on Jun 21, from 26 ships a day earlier

Knowing that Trump will be reluctant to restart the military campaign – and thus spark fresh economic turmoil – eases the pressure for Iran to end the talks quickly.
NEWS ANALYSIS

Trump’s fears about economy undercut US leverage in Iran talks

The problem for the US is that the deal was skewed in Iran’s favour, giving the country broad gains before the next round of talks even begin

The Iran war has killed at least 7,000 people, mostly in Iran and Lebanon. I

US, Iran envoys head for talks, Israeli strikes continue after ceasefire

A halt to the fighting in Lebanon is a condition for starting 60 days of US-Iranian talks

Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, June 18, 2026.

Oil shipments rise in Hormuz although questions grow over Iran’s transit terms

Ships resumed broadcasting positions as they transited the strait

Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, June 18, 2026.

Iran says it will waive fees for Hormuz during 60-day negotiation period

Ships must submit transit requests at least 48 hours before arrival

US Vice-President JD Vance emphasised the US believes “international waterways should be free of tolls”. 

Vance leaves shippers in the dark on potential Iran Hormuz toll

Trump said that Hormuz will be toll free during the first 60 days and thereafter

The push for diplomacy and the reopening of Hormuz allow for a resumption of production shuttered by major oil exporters.

Oil falls as supply moves through Strait of Hormuz after Iran war pact

[NEW DELHI] Oil prices fell on Friday (Jun 19) as prospects brightened for more supply after oil tankers began moving through the reopening Strait of Hormuz following a peace deal between the US and I...

Some of the sharpest criticism of the agreement has involved reports that the Trump administration has agreed to release frozen Iranian assets.

‘Worst foreign policy blunder in decades’: US Republicans blast Trump’s Iran agreement as details emerge

Criticism was a rare rebuke from party members who have mostly offered full loyalty to the president