Iran’s IRGC launched ballistic missiles and drones at US military facilities in Kuwait and Bahrain on June 28, threatening to collapse a ceasefire signed only 11 days earlier.
Tag: Iran
Senate passes Iran war powers resolution in historic first for both chambers
The Senate voted 50-48 on 23 June to direct Trump to end US military hostilities against Iran, the first time both chambers of Congress have passed such a measure.
US Treasury issues 60-day Iran oil licence as Brent falls 3.5% and Hormuz traffic recovers
Washington granted Iran a 60-day oil export waiver on June 22, pushing Brent crude below $78 as Strait of Hormuz traffic climbed back toward pre-war levels.
Iran agrees to readmit IAEA nuclear inspectors after Vance’s Bürgenstock talks
VP Vance emerged from day-one US-Iran talks at Bürgenstock, Switzerland announcing Tehran had agreed to readmit IAEA nuclear inspectors, calling it a major milestone toward a binding deal.
Netanyahu says Israel will stay in Lebanon indefinitely despite US-Iran deal
Benjamin Netanyahu declared Israel will remain in southern Lebanon ‘for as long as necessary,’ openly defying the terms of the US-Iran memorandum of understanding signed on 19 June 2026.
Oil rebounds toward $80 as Iran-US talks in Geneva collapse without a signing
Brent crude settled near $80 on June 19 after Washington pulled Vice President Vance from planned Iran talks in Switzerland, reviving uncertainty over whether the 14-point ceasefire deal will hold.
Trump declares Iran deal complete as Hormuz shipping prepares to resume
President Trump announced on June 14 that the US-Iran ceasefire deal is now complete, with the Strait of Hormuz set to reopen and a formal signing ceremony scheduled for June 19 in Switzerland.
G7 leaders gather in Évian as Iran deal reshapes the summit’s agenda
The 52nd G7 summit opened in Évian-les-Bains, France, on Monday with world leaders gathering just hours after the US-Iran ceasefire deal was declared complete.
Gold falls to a four-month low as Iran deal progress drains the war premium
Spot gold slid to around $4,072 this week, extending an 11% one-month decline, as Iran deal progress deflated safe-haven demand while oil-driven inflation kept the Fed hawkish.
Iran sets Khamenei’s funeral for July after four months of wartime delay
Iran announced on 13 June 2026 that ceremonies for Supreme Leader Khamenei, killed in a US-Israeli airstrike in February, will begin in Tehran on 4 July.