Iran closed the Strait of Hormuz. SK Hynix lost its IPO gains. Bank earnings are up next

Commodities: Oil Sells Off As U.S. Eases Sanctions On Iran

Commodities: Oil Sells Off As U.S. Eases Sanctions On Iran

Oil prices little changed as US-Iran peace efforts hold

Oil prices saw minimal change as peace talks between the U.S. and Iran offered hope for the Strait of Hormuz's reopening. Despite recent skirmishes, a potential deal is expected to hold, boosting Middle Eastern supply. Gulf producers, including Kuwait and Saudi Arabia, are increasing output, leading to a near-term oil glut and a shift in market structure. This increased availability is outpacing demand, particularly from China.

Iran Sold 40 to 50 Million Barrels in Two Weeks at a 20 Percent Premium. The Gains Disappear if the Deal Fails.

Iran sold roughly 40 to 50 million barrels of crude oil in the first two weeks after the Islamabad MoU was signed, at a 20 percent premium over blockade-era prices, according to CNBC and Mehr News Agency. The incremental revenue is estimated at 400 million to 750 million. It all disappears if the deal expires without resolution on August 21.

Trump Lifts Iran Oil Sanctions: Billions Flow to Revolutionary Guards 

Treasury issues general license allowing Tehran to sell oil in dollars IRGC included in sanctions relief despite terror designation | The dramatic financial implications (World News)

US eases Iran oil sanctions under temporary 60-day license

WASHINGTON, D.C: The United States has temporarily authorized the sale of Iranian oil and petroleum products, easing decades-old sanctions as Washington seeks a final peace agreement with Tehran. The Treasury Department announced the 60-day general license on June 22. It allows the production, delivery, and sale of Iranian crude oil, petrochemicals, and petroleum products through August 21. The move follo

Iran deal

Iran deal

U.S. lifts sanctions on Iranian oil

News Updates From CLG CLG News Jun 23, 2026 All links and summaries are here. U.S. lifts sanctions on Iranian oil | 22 June 2026 | The U.S. has issued a temporary sanctions waiver for Iran’s oil sector, authorizing the production, sale, delivery, and import of Iranian crude [] The post U.S. lifts sanctions on Iranian oil first appeared on Attack the System.

We Have an Update on the Iran Negotiations

We Have an Update on the Iran Negotiations

Live updates, Middle East – Iran says Hormuz will be administered by Tehran

Iran’s chief negotiator Mohammad Bagher Ghalibaf shaking hands with Pakistan’s Prime Minister Shehbaz Sharif. © Pakistan Prime Minister’s Office/AFP Here is the latest Half-Open, Half-Closed Strait of Hormuz Baffles Oil Markets Oil prices remain volatile as confusion over the Strait of Hormuz persists, with Iran and the U.S. issuing conflicting statements about whether the key []

Chip Stocks Extend Losses as Middle East Tensions Push Oil Prices Higher

Global financial markets have been under pressure as renewed fighting between the United States and Iran threatens the fragile ceasefire reached last month. Fresh U.S. strikes on Iranian military targets, Tehran’s retaliatory attacks on U.S. facilities in the Gulf, and Washington’s decision to restore sanctions on Iranian oil have reignited concerns over energy supplies. The [] The post Chip Stocks Extend Losses as Middle East Tensions Push Oil Prices Higher appeared first on Modern Diplomacy.

With US sanctions temporarily lifted, is Iranian crude back on the menu?

The US-Iran deal waives sanctions on Iranian oil sales, but Washington will need further steps to meaningfully shift global crude trade and ensure clearer visibility into Iranian oil transactions. The post With US sanctions temporarily lifted, is Iranian crude back on the menu? appeared first on Atlantic Council.

US-Iran War News Live Updates: Iran Closes Strait Of Hormuz After Latest US Strikes

Iran has announced the closure Strait of Hormux closure as tensions escalate in teh region. Get all US-Iran War news live updates here.

Tehran gets temporary relief as US waives sanctions on Iranian oil till August 21

The United States has temporarily opened the door to Iranian oil sales and dollar-denominated payments, marking the first major sanctions relief for Tehran since President Donald Trump reimposed sweeping curbs in 2018. The US Treasury Department’s Office of Foreign Assets Control (OFAC) has issued General Licence X, authorising transactions related to the production, sale, transportation []

Cooling Middle East Tensions Lift Markets and Pressure Oil – Comments from Century Financial

Crude Oil WTI is trading around 70.77 (-0.9) in early Asian hours, while Brent is hovering near 73.75 (-0.4), as easing geopolitical tensions between the U.S. and Iran continue to weigh on crude prices. Markets have largely priced in the prospect of renewed diplomacy after both sides agreed to halt attacks and resume technical talks [] The post Cooling Middle East Tensions Lift Markets and Pressure Oil – Comments from Century Financial appeared first on Middle East News 247.

Libya : Major oil companies grapple with confusion over concession contracts

The process of granting new operating licences is already proving to be a challenge for National Oil Corp (NOC). Although the Libyan company announced it had ratified agreements on 15 June with Italy's ENI, Spain's Repsol, Qatar's QatarEnergy, Turkey's Turkish [...]

JUST IN: 🇮🇷🇺🇸 Iran demands access to frozen assets and the right to export oil before final ag [...]

JUST IN: Iran demands access to frozen assets and the right to export oil before final agreement negotiations.@BRICSNews

Trump administration upends decades of U.S. policy to give Iran what it desperately wants

Iran can now sell oil on the open market, receive higher prices and be paid in dollars. It could be an enormous economic boon for the country. The post Trump administration upends decades of U.S. policy to give Iran what it desperately wants appeared first on MS NOW.

Russian Oil Exports Hit 2026 High as Iran Waiver Threatens Sales

Tumbling oil prices after the interim US-Iran peace deal are eating into Moscow’s windfall

Iran Shatters Fragile Peace: Unprovoked Tanker Attack Forces U.S. To Defend Vital Oil Routes

A fragile, hard-won peace agreement is unraveling in the Middle East after Iranian forces launched a reckless assault on a commercial tanker in the Strait of Hormuz on Saturday. Britain’s maritime security agency, UKMTO, reported that the vessel’s bridge suffered significant damage in the strike, though the crew escaped unharmed. The unprovoked attack has forced [] Iran Shatters Fragile Peace: Unprovoked Tanker Attack Forces U.S. To Defend Vital Oil Routes

Oil off its highs but risks return

Oil prices came under significant pressure following the temporary deal between the US and Iran. But the recent flare-up in hostilities poses risks. The key factors for the outlook remain the sustainability of the Persian Gulf supply recovery and how soon Chinese buying returns to the market

US issues ultimatum

Demands Iran declare Hormuz Strait open – or else...Click to read more

Selat Hormuz masih belum aman

TEHERAN: Perjanjian gencatan senjata antara Iran dan Amerika Syarikat (AS) dilihat kembali goyah selepas kedua-dua negara saling berbalas serangan di Teluk. Tindakan ketenteraan baharu sejak Jumaat dan semalam meningkatkan semula ketegangan di rantau berkenaan, sekali gus mengancam gencatan senjata rapuh dan rundingan yang sedang berlangsung mengenai keselamatan di Selat Hormuz. Kor Pengawal Revolusi Islam Iran ... Read more The post Selat Hormuz masih belum aman appeared first on Utusan Malaysia.

US, Iran to discuss Lebanon situation first at talks — newspaper

Next, they will discuss the status of the Strait of Hormuz and Tehran’s nuclear program, the Financial Times reported

Long-Term Commitment Matters More Than Fast Expansion in the Middle East

A signed contract may secure market access in the Middle East, but it does not automatically secure commitment from distributors, retailers, or local partners. Many Korean companies entering Gulf markets still approach expansion as a transaction-driven process centered around agreements, shipments, and launch activity. Yet across the region’s business ecosystems, commercial relationships often continue being [] The post Long-Term Commitment Matters More Than Fast Expansion in the Middle East first appeared on KoreaTechDesk | Korean Startup and Technology News.

Little progress achieved in two weeks since Iran and US signed agreement

What is the deal? It is two weeks since the US and Iran signed a memorandum of understanding, that was supposed to offer a path towards permanently ending the war in the region. Widely viewed as highly favorable to Tehran, it requires the US to unfreeze Iranian assets, terminate sanctions, allow Iranian oil exports, lift The post Little progress achieved in two weeks since Iran and US signed agreement appeared first on Egypt Independent.

Kabul, Bishkek ink agreement to establish joint trade council

KABUL (Pajhwok): Afghanistan and Kyrgyzstan have inked an agreement to establish a Joint Business Council during the Afghan-Kyrgyz Business Forum in Bishkek, the Afghan Embassy

Treasury Department issues temporary license for Iranian oil sales

The Treasury Department on Monday move to temporarily allow the sale of Iranian oil, issuing a 60 day “general license” that lifts restrictions normally in place on the commodity. “In line with the ongoing productive talks in Switzerland, Iran has committed to free and open transit in the Strait of Hormuz and to permit International...

U.S.-Iran Talks Leave Strait of Hormuz Stuck in a Dangerous Gray Zone

(NaturalNews) Talks between the United States and Iran have produced a temporary negotiation framework but no lasting agreement on the status of the Strait of Hormu...

Oil, gas tankers cross Hormuz via Oman-side route after U-turns

The oil market is fixated on what's moving through Hormuz and how, as ships try to avoid Iran's military as they come and go.

Iran deal grants access to nuclear inspectors, IAEA chief says

TOKYO, June 26 (Reuters) - The interim U.S.-Iran peace accord gives U.N. nuclear inspectors access to Iran, the watchdog's top official said on Friday, after Tehran indicated key sites would remain off-limits until a final deal with Washington was reached and sanctions lifted.The U.S. and Iran last week signed a memorandum of understanding paving the way for 60 days of talks to resolve thornier issues, including those related to Iran's nuclear programme. Iran's deputy foreign minister Kazem Gharibabadi said on Wednesday there were no plans to grant access to inspectors.

Global markets face selling pressure amid renewed geopolitical tensions

Escalating US-Iran tensions and risks around Strait of Hormuz drive oil prices higher, lifting bond yields and weighing on global equities

The U.S. says it's open. Iran says it's closed. The Strait of Hormuz remains precarious

The U.S. says it's open. Iran says it's closed. The Strait of Hormuz remains precarious

Strait of Hormuz: US lifts sanctions on Iranian oil

The United States has lifted sanctions on Iranian oil till August 21, 2026. The US Treasury Department announced this on Monday. The Department stressed that the temporary suspension is to enable Iran produce, sell and deliver crude oil and related products. “All transactions that were previously prohibited involving the production, sale, and transport of Iranian-origin crude oil [] Strait of Hormuz: US lifts sanctions on Iranian oil

Interview: Will the US/Iran Deal Hold?

Interview: Will the US/Iran Deal Hold?

Asian stocks are mixed and oil prices slip after Iran and US launch fresh attacks

Shares are mixed in Asia and oil prices have stabilized as conflict escalated in the Middle East, with Iran and the U.S. launching fresh attacks.

JD Vance says 16 million barrels of oil flowed through Hormuz in 24 hours

ALBAWABA - It seems that the MOU signed between the U.S. and Iran is slowly becoming reality as oil flows through Hormuz despite Iranian claims of the strait being shut down...

Iran now sees the Strait of Hormuz as a cash cow — and the toll-free deal may not last

The regime no longer must close it; they can just threaten to do so, and the ensuing global panic will drive up the price of oil. The post Iran now sees the Strait of Hormuz as a cash cow — and the toll-free deal may not last appeared first on World Israel News.