US-Middle East relations

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

A Lebanese official and two foreign officials working in Lebanon say the Iran-US deal reached on Jun 17, 2026, has left the Lebanese state in its weakest position yet.

New Lebanon-Israel talks to begin, in shadow of US-Iran deal

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

Analysts expect oil to hover at around US$80 a barrel by the year-end.

Crude oil ‘caught up in cautious enthusiasm’ over US-Iran peace deal, but analysts don’t expect further price easing soon

Goldman Sachs expects oil flows through the Strait of Hormuz to recover to about 70% of their pre-war level.

Inflation, energy, markets: What’s next after US-Iran peace deal

The US-Iran MOU aims to restore shipping through Hormuz and buy time for negotiations over unresolved nuclear questions.

The US-Iran deal is foreign policy realism at work

A gradual reopening of the Strait of Hormuz – while talks begin over Iran’s nuclear programme – leaves a lot of room for disputes and misunderstandings.

A fragile Iran peace follows a war without victors

The closure of the Strait of Hormuz triggered what the International Energy Agency characterised as the “largest supply disruption in the history of the global oil market”.
THE BOTTOM LINE

What the Iran-US peace deal means for businesses

A ceasefire has largely held since early April, but Iran and the US have exchanged strikes several times over the past week.

Iran studying deal to halt war as stalemate persists

The draft agreement, which the US has denied, said Iran and Oman would have a mechanism in place to oversee shipping in the Strait of Hormuz.

US denies Iran report on draft peace deal to reopen Strait of Hormuz