August 15, 2026
Brent rose 1.45 per cent to $88.33 as Washington threatened to widen economic pressure on Iran including an extended naval blockade. Spot gold reached $4,380 an ounce and US consumer sentiment deteriorated on the rising cost of living.
June 25, 2026
After a brief pause triggered by a Trump threat, US and Iranian negotiators resumed technical-level talks in Switzerland under three working groups, with Pakistan and Qatar steering the process toward a final deal within 60 days.
June 23, 2026
In a fresh June 23 move distinct from Tehran's earlier unilateral claim to 'administer' the waterway, Muscat and Tehran agreed a bilateral mechanism on Hormuz traffic, services and costs — and pledged to consult other Gulf coastal states.
June 23, 2026
Treasury's General License waives sanctions on Iranian crude, petrochemicals and petroleum products through Aug 21, contingent on IAEA access and open transit through Hormuz, as Bessent calls talks 'productive' and Vance touts a 'good foundation' for a final deal.
June 23, 2026
On June 23 Tehran's foreign ministry said it has made no new commitment to admit nuclear inspectors to its war-damaged facilities, directly contradicting US Vice-President JD Vance's claim of a breakthrough and exposing the verification gap at the heart of the 60-day deal timeline.
June 22, 2026
On June 22, negotiators in Switzerland set up a mechanism to police the fragile Israel-Hezbollah truce and a Strait of Hormuz hotline, even as both sides traded violation claims and a comprehensive deal remained 60 days off.
June 22, 2026
Tehran's June 20 closure call collides with US Navy data showing tankers still moving. Brent fell about 2% Monday as traders bet the waterway stays passable. For Pakistan, pumps are already cheaper and a Qatari LNG cargo is steaming toward Karachi.
June 22, 2026
The first high-level committee session at Bürgenstock wrapped on June 22 with a path to a final nuclear deal, new Strait of Hormuz and Lebanon de-confliction channels, and technical talks set to continue through the week, even as Tehran protested fresh threats from President Trump.
June 22, 2026
PM Shehbaz Sharif and Field Marshal Asim Munir landed in Switzerland on June 21 to co-mediate the first quadrilateral US-Iran session since the Islamabad Memorandum, as Islamabad pledged to keep facilitating implementation amid fresh tensions over Hormuz and Lebanon.
June 21, 2026
Tehran's negotiators opened the first round near Lucerne on June 21 insisting on a recognised right to enrich, upfront sanctions and frozen-asset relief, and an end to Israeli attacks before the substantive nuclear track can proceed.
Editor — Hamza Azhar Salam · Write to us with suggestions or tips
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