Strait of Hormuz – Page 2 – War Watch

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Iran announces plans to bring in maritime fees for strait of Hormuz
ByPatrick Wintour Diplomatic editor June 18, 2026June 18, 2026

Tehran says fees to cover cost of managing waterway will come into effect at end of 60-day negotiation periodIran has announced plans to introduce a system of maritime fees in the strait of Hormuz in two months, after the 60-day period of negotiation t…

Read More Iran announces plans to bring in maritime fees for strait of Hormuz
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Iran Gets Major Economic Lifeline for Minimal Concessions in Initial Deal
ByYeganeh Torbati June 18, 2026June 18, 2026

The agreement delays the most difficult steps for Iran for later talks, while granting it crucial benefits.

Read More Iran Gets Major Economic Lifeline for Minimal Concessions in Initial Deal
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Why Flight Prices Might Not Fall After the U.S.-Iran Deal
ByNiraj Chokshi June 18, 2026

Jet fuel may stay expensive for months, and airlines know travelers are willing to pay more for tickets.

Read More Why Flight Prices Might Not Fall After the U.S.-Iran Deal
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Average U.S. Gasoline Price Falls Below $4 for First Time in Months
ByKailyn Rhone June 18, 2026June 18, 2026

Drivers are enjoying some relief at the pump after the United States and Iran signed an agreement to reopen the Strait of Hormuz.

Read More Average U.S. Gasoline Price Falls Below $4 for First Time in Months
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Middle East crisis: Trump says US expects ‘complete ceasefire on all fronts, including Lebanon, Hezbollah and Israel’ – as it happened
ByAdam Fulton June 18, 2026June 18, 2026

US president says he encourages Middle East countries to ‘maintain commitment to allowing our negotiations to beautifully unfold’Reaction: Donald Trump’s Iran deal met with anger, relief and incredulityAnalysis: Trump’s Iran deal is result of unrealist…

Read More Middle East crisis: Trump says US expects ‘complete ceasefire on all fronts, including Lebanon, Hezbollah and Israel’ – as it happened
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Donald Trump’s Iran deal met with anger, relief and incredulity
ByJonathan Yerushalmy June 18, 2026

G7 leaders and mediator Pakistan hailed the release of the memorandum of understanding, views that were not widely shared in Israel and among US RepublicansPakistan’s prime minister has hailed the “peaceful resolution” of the conflict between the US an…

Read More Donald Trump’s Iran deal met with anger, relief and incredulity
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Before Making a Deal, Trump Demanded Iran’s Surrender. He Got a Surprise.
ByDavid E. Sanger June 18, 2026June 18, 2026

While the Iranians suffered substantial losses in the war, they emerged from a confrontation with the world’s most powerful military having proved they can use economic chaos as a weapon.

Read More Before Making a Deal, Trump Demanded Iran’s Surrender. He Got a Surprise.
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US-Iran deal takeaways: reopening the strait of Hormuz, waived oil sanctions and Lebanon
ByJoseph Gedeon in Washington June 17, 2026

US officials have revealed a preliminary MOU between Washington and Tehran to end the costly 110-day conflictSenior US officials have revealed the contents of a preliminary memorandum of understanding (MOU) between Washington and Tehran to end the 110-…

Read More US-Iran deal takeaways: reopening the strait of Hormuz, waived oil sanctions and Lebanon
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Allowing Iran to Charge Fees in Strait of Hormuz Would Set ‘Dangerous Precedent,’ Maersk CEO Says
ByJenny Gross June 17, 2026June 18, 2026

With the United States and Iran nearing a deal to reopen the Persian Gulf, the shipping giant is treading cautiously.

Read More Allowing Iran to Charge Fees in Strait of Hormuz Would Set ‘Dangerous Precedent,’ Maersk CEO Says
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Oil prices fall after peace deal signed – as it happened
ByTaz Ali June 17, 2026June 18, 2026

This blog is now closed – see our full report on the latest in the Middle East crisisTrump also addressed media reports of a leaked US-Iran deal (see post at 11:57), denying claims it includes a $300bn reconstruction fund for Tehran.“We’re not putting …

Read More Oil prices fall after peace deal signed – as it happened