Iran Deal

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Oil falls below $74 as Hormuz traffic recovers after Iran war

Brent crude, the international benchmark for oil prices, was trading at $73.81 a barrel at 10:40 a.m. EDT, down 4.2% from Tuesday's close.

Mandel NGAN / AFP via Getty Images

Trump insists no Hormuz tolls as Iran, US make conflicting claims

Iran has said it wants to charge "maritime service fees" in the Strait of Hormuz.

AMIRHOSSEIN KHORGOOEI / ISNA / AFP via Getty Images

Explainer

Hormuz tolls, frozen funds pose early tests for US-Iran peace progress

Early cracks are beginning to show following last week’s US-Iran deal announcement even as both sides move ahead with steps toward ending the four-month conflict.

Speaker of the parliament of Iran, Mohammad Bagher Ghalibaf (R), arrives at the Burgenstock resort in Obbuergen, near Lucerne, Switzerland, on June 21, 2026.

Iran's Ghalibaf holds talks in Oman on Strait of Hormuz: What to know

The US-Iran memorandum of understanding signed last week calls for Iran and Oman to hold talks on the future administration of the strait.

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Analysis

As US reshapes Lebanon strategy, Israel finds itself sidelined

Smoke rises following an Israeli airstrike in Tyre, Lebanon, on June 9, 2026.

Rina Bassist

By Rina Bassist

In Paris, reporting on Israeli politics and European affairs

US, Iran to form 'deconflicting cell' on Lebanon, sidelining Lebanese state

Cars drive past billboards showing Iran's new Supreme Leader Ayatollah Mojtaba Khamenei (L) and his late father Ali Khamenei (R), with the slogan "Thank you, loyal Iran," erected along the highway leading to Rafik Hariri International Airport, Beirut, Lebanon, June 22, 2026.

US grants Iran oil sanctions waiver as part of deal

A picture taken on March 12, 2017, shows an Iranian tanker docking at the platform of the oil facility in the Kharg Island, on the shore of the Gulf.

Vance says Iran to restore nuclear inspector access

US Vice President JD Vance spoke to reporters following the talks with Iranian negotiators at the Burgenstock complex

An oil tanker unloads imported crude oil at Qingdao port in China's eastern Shandong province on May 9, 2022. - China OUT (Photo by AFP) / China OUT (Photo by STR/AFP via Getty Images)

US sanctions on Iran’s 'shadow' oil fleet target brokers in UAE, China

The latest sanctions come after President Donald Trump pledged his administration would drive Iran's oil sales down to zero.

BEIJING, CHINA - NOVEMBER 9: Chinese President Xi Jinping and U.S. President Donald Trump attend a welcoming ceremony November 9, 2017 in Beijing, China. Trump is on a 10-day trip to Asia. (Photo by Thomas Peter-Pool/Getty Images)

Analysis

Why Iran's oil exports to China are surging despite Trump's 'maximum pressure'

Data from shipping analytics firm Kpler suggests Iran is offloading more crude from its floating storage off the coast of Malaysia and Singapore.

Jennifer Gnana

By Jennifer Gnana

In Dubai, reporting on Gulf energy policy and politics

PALM BEACH, FLORIDA - FEBRUARY 18:: U.S. President Donald Trump delivers remarks after signing an executive order on expanding access to IVF at his Mar-a-Lago resort on February 18, 2025 in Palm Beach, Florida. Later today, Fox News will air a joint interview between President Trump and Tesla and SpaceX CEO Elon Musk. (Photo by Joe Raedle/Getty Images)

Israeli officials urge Trump to fill vacuum left by Iran

Sensing opportunity, Israeli strategists are asking the United States to redouble its engagement in the Middle East to capitalize on Hezbollah's collapse in Syria and Lebanon – and to end Iran's nuclear program once and for all.

A US serviceman patrols the runway after an American B-52 bomber lands at Fairford Royal Air Force base March 4, 2003.

US launches second B-52 bomber flight over Middle East in 2 days

Strategic bomber sorties come as the Donald Trump administration says it prefers to halt Iran’s uranium enrichment through diplomatic negotiations rather than military action.

Jared Szuba

In Washington, DC, reporting on defense, national security, military

Traffic flows on a main road past electricity transmission towers in Tehran on December 16, 2024. Iran has suspended operations at several power plants over fuel shortages that have been intensified by rising demand during a spell of freezing weather. (Photo by ATTA KENARE / AFP) (Photo by ATTA KENARE/AFP via Getty Images)

Iranian officials trade blame as energy crisis, outages worsen: What to know

Unplanned power outages across Tehran in February have brought Iran’s energy crisis back into the spotlight, particularly as the country grapples with the strain of the maximum pressure sanctions campaign placed upon it by the United States.

Iranian President Masoud Pezeshkian (L) and Iranian Supreme Leader Ayatollah Ali Khamenei (R) host the Qatari emir, Sheikh Tamim bin Hamad Al Thani, in Tehran, Feb. 19, 2025.

Why is Iran urging Qatar to release $6B in frozen oil payments?

The payments, by South Korea for Iranian oil, were initially frozen in Seoul bank accounts in 2019, after the Trump administration increased sanctions on Iran, before transfer to Qatar.

drones

Iran unveils new drones in military drill: What to know

Amid heightened tensions with the United States and Israel, Iran is flexing its military might.

In SPACE - MAY 19: This image captured by a satellite on May 19, 2001 shows the Bushehr Reactor in Iran. The nuclear facility is located approximately 17 kilometers south of the city of Bushehr. The reactor complex occupies a 2.5 Square Kilometer site area, which includes assembly halls, a concrete channel for cooling water that runs from the reactors to the Gulf, and a the harbor, which supports loading and unloading of foreign materials needed for construction and reactor operation. There are two reactor

Exclusive

Trump, Netanyahu have 'full understanding' on Iran as Israel mulls strikes on nuclear sites

A senior Israeli diplomatic source confirmed to Al-Monitor, on condition of anonymity, that Israel and the United States have reached a “full understanding” on the Iranian issue. This includes agreed steps if Iran rejects a stricter nuclear deal than the 2015 accord abandoned by Trump in 2018.

In Tel Aviv, reporting on national security, Israeli politics, defense

A picture shows copies of Iranian daily newspapers

Iran's Pezeshkian rejects Trump's call for talks, denounces 'plots' against Tehran

US President Donald Trump has reinstated his "maximum pressure" strategy against Iran while simultaneously calling for negotiations over the Islamic Republic’s nuclear program.

This handout picture provided by the office of Iranian Supreme Leader Ayatollah Ali Khamenei shows him praying inside the tomb of the late Supreme Leader Ayatollah Ruhollah Khomeini in Tehran on Jan. 30, 2025.

Analysis

What's next as Khamenei rejects Trump's offer for US-Iran diplomacy?

The Iranian supreme leader's adamant refusal laid bare divisions within Iran's political structure and has shaken pro-engagement camps that pinned hopes of economic reform on recent overtures from the US president.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

SAEID ARABZADEH/Middle East Images /AFP via Getty Images

Trump administration unveils sanctions on Iran oil exports to China

The opening shot of Trump's rebooted "maximum pressure" campaign against Iran comes after the president suggested this week that its leaders should "immediately" work with the US on a new nuclear agreement.

Jared Szuba

In Washington, DC, reporting on defense, national security, military

US President Donald Trump speaks to the press as he signs an executive order to create a US sovereign wealth fund in the Oval Office of the White House on Feb. 3, 2025.

Analysis

Will Trump’s maximum pressure on Iran restart talks or force escalation?

President Donald Trump signed a presidential memorandum to impose “maximum pressure” on Iran, a campaign that — during his first term — levied intense sanctions on the country in hopes of bringing it back to the negotiating table for nuclear talks.

By Rosaleen Carroll

In Washington, DC, US, reporting on the Middle East