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Iran

June 27, 2026

Tehran 2:07 pm

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A tourist boat passes near crude oil tankers, bulk carriers, and other vessels anchored off Port Sultan Qaboos in Muscat, Oman, June 19, 2026.

Analysis

Why the Hormuz oil shock never became an energy catastrophe

The US-Israel-Iran war produced a historic oil supply shock but not a severe global economic crisis, due to ample prewar supplies, China's energy pivot and strategic reserve releases.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

In this picture obtained from Iran's ISNA news agency on June 18, 2026, vessels are seen anchored in Bandar Abbas along the Strait of Hormuz.

Analysis

How competing visions over Hormuz strait threaten fragile Iran-US deal

Iran's latest measures in the strategic waterway expose widening gaps with the US and Gulf states, which could complicate the durability of recent diplomatic breakthroughs.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

In this US Navy released handout, an F/A-18E Super Hornet, attached to Strike Fighter Squadron (VFA) 14, prepares to make an arrested landing on the flight deck of Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72) in support of Operation Epic Fury on March 1, 2026 at Sea.

Breaking | Last Updated: June 26, 2026, 5:44 pm

US carries out strikes in Iran after vessel attack

US forces struck Iranian coastal targets after Tehran was accused of attacking a commercial cargo ship in the Strait of Hormuz.

Jalaa MAREY / AFP via Getty Images

Iran vows to respond to Israeli military using neighboring airspace: What to know

Iran’s military headquarters said it “considers responding to these dangerous actions as its right” after alleging that Israeli jets have been operating in the airspace of neighboring countries near Iran.

Latest News

Analysis

Vance turning us into 'punching bag': Israel fumes over alleged IRGC-CENTCOM channel in Doha

Vance

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

Culture

FIFA rejects Egypt, Iran objections, allows Pride flags at World Cup match

A fan waves a Pride flag before the game between the Seattle Sounders and the Portland Timbers at Lumen Field on June 3, 2023, in Seattle, Washington.

Israel, Turkey, Iran offer aid as Venezuela’s 2 quakes kill at least 188

Responders arrive to a demolished building at San Bernardino after a magnitude 7.2 earthquake struck Venezuela and other regions in the Caribbean on June 24, 2026 in Caracas, Venezuela.

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

Andrew Harnik/Getty Images

Explainer

Bombed sites, missing uranium: How Trump’s Iran deal hinges on inspector access

Iran's long record of obstructing the UN's nuclear watchdog raises questions about how much access it would grant in a future deal.

A worker at a market for fuel oil and automotive fuel on March 17, 2026, in Erbil, Iraq.

Explainer

After UAE and Qatar, could Iraq be next to leave OPEC?

Iraq is seeking a higher production quota as the effective closure of the Strait of Hormuz has slashed oil revenues and plunged the country into a fiscal crisis.

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

Iran rejects Trump's claim frozen funds will buy US soybeans: What to know

Trump said Wednesday that the US would release “some” Iranian frozen funds and would use them to purchase corn, wheat and soybeans from American farmers.

Hamed Malekpour / Middle East Images / AFP via Getty Images

Iran’s IRGC warns against using 'highly dangerous' Hormuz route: What to know

Tehran is warning that Oman's temporary routes will not guarantee safe passage through the key waterway.

Elke Scholiers/Getty Images

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.

An Iranian man rides his motorbike past a billboard on May 28, 2026.

Analysis

Why Iran's generals are intensifying anti-US rhetoric amid negotiations

Leading figures within Iran's military and security establishment have framed the memorandum with Washington not as an end point but as a conditional arrangement tied to battlefield realities.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

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.