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.

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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 Iranian woman without wearing mandatory headscarves walks past electoral posters in Tehran, Iran, on June 20, 2024. Iran is holding snap presidential elections to choose the next president after the death of Ebrahim Raisi in a helicopter crash. People in Iran are increasingly showing less interest in casting their vote in the snap presidential election scheduled on June 28 after the disqualification of several candidates by the country's religious Guardian Council. Voter turnouts have hit historically lo

Iran’s Reformist, hard-liner candidates clash over foreign policy in last debate

Masoud Pezeshkian fiercely attacked his hard-line rivals in an intense live debate over their support behind the takeovers of the Saudi and British embassies and their sabotage against the revival of the 2015 nuclear deal.

CORRECTION / Smoke billows during Israeli bombardment on the village of Khiam in south Lebanon near the border with Israel on June 19, 2024 amid ongoing cross-border tensions as fighting continues between Israel and Hamas in the Gaza Strip. (Photo by RABIH DAHER / AFP) / "The erroneous mention[s] appearing in the metadata of this photo by RABIH DAHER has been modified in AFP systems in the following manner: [June 19] instead of [June 8]. Please immediately remove the erroneous mention[s] from all your onlin

Analysis

Hezbollah, Israel not seeking full-blown war but risk of miscalculation at peak

While neither Israel nor Hezbollah is interested in war, its prospects seem higher than ever before.

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

Former foreign minister of Iran, Mohammad Javad Zarif, delivers a speech during an electoral campaign rally to support Masoud Pezeshkianin in Tehran, Iran, on June 19, 2024. Iran is holding snap presidential elections to choose the next president after the death of Ebrahim Raisi in a helicopter crash. (Photo by Hossein Beris / Middle East Images / Middle East Images via AFP) (Photo by HOSSEIN BERIS/Middle East Images/AFP via Getty Images)

Could Zarif tilt Iran's election toward long shot Reformist Pezeshkian?

By enlisting Mohammad Javad Zarif, Masoud Pezeshkian is sending a signal to the United States and the West, as well as to Iranians, about a possible change of course in Iran's foreign policy if he pulls off an upset next week.

ATTA KENARE/AFP via Getty Images

US joins Europeans in rare censure of Iran at UN nuclear watchdog

The International Atomic Energy Agency's 35-member board of governors has voted to censure Iran for the first time since November 2022.

Iranians participate in the 12th term parliamentary elections and the 6th term Assembly of Leadership Experts' voting at a Tehran polling station on March 1, 2024.

Culture

What Iran's elections could signal about potential for US escalation

The sudden death of Iranian President Ebrahim Raisi has plunged the country into new uncertainty, but it’s unlikely to derail Washington's quiet push to dial back tensions with Tehran.

This handout image supplied by the IIPA (Iran International Photo Agency) shows a view of the reactor building at the Russian-built Bushehr nuclear power plant as the first fuel is loaded, on Aug. 21, 2010 in Bushehr, southern Iran.

Understanding Iran's increasingly open rhetoric about atomic bombs

Several Iranian officials and military generals have recently abandoned earlier reservations on nuclear policy, sending out the message that the country could be turning into an atomic weapons possessor to deter Israel.

Iran war heads

Analysis

With US on its side, Israel expects any imminent Iran attack to be 'measured'

Diplomatic efforts are reportedly underway to contain any military escalation, clarifying limits to Iran to avoid all-out war.

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

CENTCOM commander Gen. Michael Erik Kurilla (L) and Israel Defense Forces Chief of Staff Herzi Halevi meet in Tel Aviv, May 30, 2023.

CENTCOM chief begins Israel visit, coordinating for possible Iran attack

CENTCOM chief Gen. Michael Kurilla, on a regional tour, discussed preparations for a possible retaliatory attack by Iran against Israel.

A pedestrian walks past a branch of a Lloyds Bank in London on Feb. 24, 2021.

Analysis

Iran's use of 2 UK banks to evade sanctions tests West's financial systems

The Financial Times reported earlier this week that Lloyds Bank and Santander UK provided accounts to companies with links to Iran’s intelligence services.

In Bristol, reporting on regional business, climate change, AI, tech

A picture taken on Nov. 10, 2019, shows an Iranian flag in Iran's Bushehr nuclear power plant.

Iran begins building 4 more nuclear power plants amid IAEA warnings

Western officials have long suspected Tehran of looking to produce nuclear weapons, though Iran denies this.

A seal on the exterior of the US Department of Treasury building, March 13, 2023.

Who are the Iranians sanctioned by US, UK for murder plots against dissidents?

One of the plots culminated in the 2019 assassination of Iranian government critic Mas’ud Vardanjani in Istanbul, according to a statement by the US Treasury Monday.

Rafael Grossi

Davos 2024: IAEA chief says monitoring of Iran nuclear sites 'not at a good place'

Asked by Al-Monitor if Iran was close to enriching weapons-grade uranium, Grossi responded, “They are already there.”