The US and Iran agreed to halt attacks until June 30 ahead of talks to restore free navigation through the strategic Strait of Hormuz, impacting global oil markets.
US military strikes Iranian targets after attacks on commercial tankers near the Strait of Hormuz, escalating tensions that threaten critical global shipping lanes.
The US and Iran have agreed on a communication channel to prevent incidents in the Strait of Hormuz, establishing a 60-day roadmap for final agreements amid ongoing regional conflicts.
US strikes on Iran have prompted Tehran to close the Strait of Hormuz and launch retaliatory missile attacks, intensifying geopolitical risks in global energy supply chains.
The US Treasury has let temporary sanctions relief on Russian oil exports expire without extension, signaling a shift in energy sanctions policy amid geopolitical tensions.