Iran

Crude oil tumbled to a critical technical floor on Thursday as traders priced in the reopening of the Strait of Hormuz, a stunning reversal for a market that spent more than 100 days bracing for a shortage. West Texas Intermediate crude — tracked by the United States Oil Fund (NYSE:USO) — fell 3.3...

Trump allies and critics blasted the U.S.-Iran memorandum on social media Wednesday after Washington released the official text of a 14-point framework that outlines plans to reopen the Strait of Hormuz, ease financial restrictions on Tehran and pursue further talks on Iran's nuclear program....

Sen. Rand Paul (R-KY) has backed Washington’s agreement with Tehran, advocating for President Donald Trump‘s diplomatic efforts to end the war in Iran following the release of the 14-point Memorandum of Understanding (MoU). Rand Paul Denounces ‘Regime Change Wars’ In a post...

President Donald Trump and Iranian President Masoud Pezeshkian on Wednesday signed the interim ceasefire agreement, giving both sides 60 days to agree to a permanent peace deal. The agreement extends the ceasefire announced in April by 60 days and includes the resumption of shipping through the...

President Donald Trump on Wednesday defended a newly unveiled framework agreement with Iran that aims to end months of conflict and reopen critical shipping lanes in the Middle East. • What’s the outlook for CVX shares? The proposed 14-point memorandum of understanding, expected to be...

Airline ticket fares may not get cheaper despite an agreement between Washington and Tehran that has caused oil prices to fall below $80/bbl. Limited Seat Availability, Steady Demand Analysts cited by Business Insider in a report on Tuesday said that airlines have little reason to roll back fares...

The long-awaited U.S.–Iran peace agreement sparked a rally in top tokens in the cryptocurrency market, but the biggest gains didn’t come from Ethereum (CRYPTO: ETH) or Bitcoin (CRYPTO: BTC). Solana Outperforms The Biggies Over the past week, Ethereum advanced by nearly 9% and Bitcoin rose 5....

Recent findings by U.S. intelligence agencies reportedly suggested that Iran can now shut down the Strait of Hormuz at will, irrespective of the impending framework agreement scheduled for signing in Geneva on Friday. Iran is contemplating an economic “nuclear option” if...

The Iran agreement, touted by President Donald Trump, has sparked optimism as oil prices continue to fall, but the national average price of gas at the pump continues to stay high. Americans Paying $25 Extra Compared To Last Year In a post on X, GasBuddy analyst Patrick De Haan posted a screenshot...

Sen. Adam Schiff (D-CA) delivered heavy criticism of President Donald Trump and his administration on Tuesday after purported details of the Memorandum of Understanding (MoU) signed by Washington and Tehran emerged. Iran Secures Funds, Sanctions Relief Taking to the social media platform X, Schiff...

A $300 billion private investment fund designed to attract capital to Iran is part of the U.S.-Iran framework agreement, with more than half the money already committed, Reuters reported on Tuesday, citing a source with direct knowledge of the deal. Private Fund Meant To Push Final Deal The fund is...

The U.S. military has reportedly been clandestinely carrying out ship-to-ship oil transfers in the Gulf. This operation, reminiscent of Iranian tactics used to evade sanctions, has been ongoing since early May. The covert operation has involved a minimum of 92 vessels and is being executed off...

Shipping companies may avoid passing through the Strait of Hormuz even after the U.S. and Iran reached a deal that is expected to reopen the passage. Companies Need Proof That Agreement Is Working According to a report by the Financial Times on Tuesday, Jotaro Tamura, who is the head of Mitsui OSK...

Economists Peter Schiff and Robert Reich delivered sharp criticism of President Donald Trump‘s deal with Tehran to reopen the Strait of Hormuz on Monday, slamming the heightened costs and lives lost in the Iran war. Peter Schiff Questions Iran Deal In a post on X, Schiff said that Washington...

Gov. Gavin Newsom (D-CA) slammed President Donald Trump and Vice President JD Vance on Monday over purported contradictory views on the terms of the agreement with Iran. Trump Or JD Vance ‘Lying,’ Asks Newsom In a post on X, Newsom’s official Press Office handle quoted a post that...