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Iran

June 15, 2026

Tehran 3:05 pm

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Oil falls below $80 as markets rally on Iran-US peace deal: What to know

Brent crude, the international benchmark for oil prices, hit $80.41 at 6:46 a.m. EDT on Monday.

Iran

US and Iran reach deal, signing expected Friday

President Donald Trump said the Strait of Hormuz would reopen upon the deal’s signing on Friday.

Aluminum from Dubai sits in the BMW Landshut factory on Oct. 25, 2024 in Ergolding, Germany.

Analysis

Gulf aluminum pursues global deals as Hormuz crisis accelerates shift

Gulf aluminum exporters are targeting global deals amid fallout from the US-Israel-Iran war, which has pushed prices to multiyear highs in early June.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Motorists ride past a giant banner depicting Iranian missiles and a sword belonging to Imam Ali, the first Imam of the Shiites, at the Vanak Square in Tehran on June 10, 2026.

Analysis

How Iran is framing deal with US amid competing narratives

Amid growing speculation about details and technicalities of a US-Iran deal, Washington and Tehran are painting different pictures, exposing a gap between public messaging and diplomatic reality.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

Latest News

US strikes on Indian-crewed tankers spark tensions with New Delhi

Punit PARANJPE / AFP via Getty Images

Analysis

'A complete disaster': Israel scrambles for clarity as Trump touts emerging Iran deal

US President Donald Trump talks with Israeli Prime Minister Benjamin Netanyahu in the Knesset, Jerusalem, Oct. 13, 2025.

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

Iran-US draft deal would release $24B in funds, ensure Lebanon ceasefire: Iranian media

TOPSHOT - People cross the street past a large billboard showing portraits of Iran's late supreme leader, Ayatollah Ruhollah Khomeini (L) and slain supreme leader Ayatollah Ali Khamenei (R) in central Tehran on June 8, 2026. Iran said on June 8 that the resumption of hostilities in the Middle East war will have consequences for ongoing talks with the United States to reach peace in the region. "It is perfectly natural that the diplomatic process initiated to put an end to this imposed war would be affected,

Elizabeth Hagedorn

Diplomatic Correspondent

In Washington, DC, reporting on diplomacy, regional politics, human rights

Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

A correspondent in Tehran

In Tehran, reporting on politics

Benjamin Houghton

In Durham, reporting on China in the Middle East

Rahim Rahimov

In Baku, reporting on Middle East-Caucasus ties

Mehrnaz Samimi

In Washington, DC, reporting on Iranian culture

How Trump has propped up Rouhani

Rather than undermining Iran's government, Donald Trump's hostile rhetoric may be strengthening President Hassan Rouhani and uniting Iranians around his administration.

Russian President Vladimir Putin and Iranian President Hassan Rouhani attend a signing ceremony following their meeting at the Kremlin in Moscow, Russia March 28, 2017. REUTERS/Sergei Karpukhin - LR1ED3S15XREP

Are Russia, Iran outflanking the US in Iraq?

Russia deftly manages potentially choppy ties with Iran, while the United States claims Iran "subverting Iraq."

BANDAR ABBAS, IRAN - APRIL 30, 2017: A general view of Shahid Rajaee port on April 30, 2017 in Bandar Abbas, Iran. Bandar Abbas formerly known as Cambarão and Porto Comorão to Portuguese traders, as Gombroon to English traders and as Gamrun or Gumrun to Dutch merchants is a port city and capital of Hormozgn Province on the southern coast of Iran, on the Persian Gulf. The city occupies a strategic position on the narrow Strait of Hormuz, and it is the location of the main base of the Iranian Navy. (Photo by

Surging imports wipe out Iran’s trade surplus

Rapidly increasing imports wipe out the Rouhani administration’s positive trade balance, shining a light on the need to further promote exports.

Kurds in Iraq: Back to square one?

The sudden shift in the balance of power between Iraq and its Kurdistan Region has been stunning, even by Middle East standards.

To counter Iranian sway, US promotes Iraqi-Saudi ties

Top Trump administration officials say they see countering Iranian influence in Iraq as important to strengthening Baghdad and preventing destabilizing fissures that helped make way for the Islamic State.

A car drives through a damaged street on the outskirts of Deir Ezzor on September 24, 2017, as Syrian government forces continue to press forward with Russian air cover in the offensive against Islamic State group jihadists across the province. / AFP PHOTO / STRINGER (Photo credit should read STRINGER/AFP/Getty Images)

Following Islamic State ouster, tribes key to stability in eastern Syria

After the ouster of the Islamic State from the oil-rich Deir ez-Zor province in eastern Syria, several issues are expected to complicate efforts to stabilize the region.

Is Iran’s former Reformist president under house arrest?

Former Iranian President Mohammad Khatami was prevented from leaving his home to attend a meeting with other political figures.

‘Arabian Gulf’ ruckus rallies Iranians around the flag

While President Trump’s reference to the ‘Arabian Gulf’ rallies Iranians around the flag, Tehran is closely paying attention to how Europe is moving on other points of contention — including its ballistic missile program.

A money changer counts Turkish lira bills at an currency exchange office in central Istanbul, Turkey, August 21, 2015. REUTERS/Murad Sezer/File Photo - S1BETTHGKMAB

Deal with Iran boosts Turkey’s hopes of trading in national currency

Turkey has long sought to increase the use of its national currency in trade with Russia, China and Iran, but due to significant trade imbalances with the others, only Iran appears to offer a viable prospect.

TEHRAN, IRAN - FEBRUARY 26: Iran's Supreme Leader Ayatollah Seyyed Ali Khamenei casts the first ballot in key elections for Parliament and the Assembly of Experts in Tehran, Iran, on February 26, 2016. Mr. Khamenei called on Iranians to vote en masse to "ruin the hopes of the enemies." The vote is essentially a referendum on the agenda of centrist President Hassan Rouhani, whose allies are trying to ease the grip of hardliners over many levers of government. (Photo by Scott Peterson/Getty Images)

Khamenei: Iran won’t be first to abandon nuclear deal

Despite US President Donald Trump’s threat to kill the nuclear deal, Iran’s supreme leader said that Tehran won’t abandon the deal before the other side does so.

Trump’s new Iran policy seeks perennial conflict

The Trump administration’s new Iran strategy not only shuts the door to diplomacy with Iran but also alienates ordinary Iranians.

Shi'ite Popular Mobilization Forces (PMF) celebrate on the outskirts of Kirkuk, Iraq October 17, 2017. REUTERS/Alaa Al-Marjani TPX IMAGES OF THE DAY - RC14D2FF7B50

How Iran helped Baghdad seize back Kirkuk

The Iraqi government’s rapid recapture of Kirkuk from Kurdish forces was made possible by Iranian intervention.