Strait of Hormuz - Page 3 of 20 - THE LOCAL REPORT ARTICLES

$300 billion, sanctions lifted, Strait of Hormuz reopened: What Tehran gets from peace deal MOU, what Washington gets

June 18, 2026 by WEB DESK TEAM

The U.S.-Iran Peace Memorandum of Understanding (MoU) outlines a comprehensive framework aimed at ending military confrontation, opening the Strait of Hormuz, releasing Iran’s frozen assets, providing $300 billion for reconstruction, and opening the door to longer-term negotiations. Although the agreement still needs to be finalized within 60 days, both sides will gain significant strategic, economic … Read more

In Video: Donald Trump says ‘it won’t be easy’ as he signs US-Iran peace deal memorandum of understanding during dinner with Macron at G7 summit in Versailles

June 18, 2026 by WEB DESK TEAM

President of the United States Donald Trump The much-anticipated Memorandum of Understanding (MoU) on the US-Iran peace deal was signed at a dinner with the French president Emmanuel Macron exist G7 summit Thursday in Versailles. U.S. Secretary of State Marco Rubio handed Trump the agreement as he sat next to Macron. “It’s not going to … Read more

Donald Trump keeps G7 leaders waiting, then declares ‘I’m the boss’; social media erupts: ‘The most powerful…’

June 17, 2026 by WEB DESK TEAM

US President Donald Trump reportedly arrived late, sparking online debate G7 summit While discussing the proposed Iran deal, he jokingly declared “I’m the boss.” U.S. President Donald Trump reacts during a working lunch of G7 members, partner countries and artificial intelligence business leaders at the G7 Summit in Evian, eastern France, June 17, 2026. (AFP) … Read more

JD Vance: No nukes, Hormuz passage and more: JD Vance outlines three pillars of US-Iran deal

June 17, 2026 by WEB DESK TEAM

Vice President of the United States JD Vance Outlining the core three-point framework of a proposed peace deal between Washington and Tehran, it stresses that Iran must give up its nuclear weapons, keep the Strait of Hormuz open and meet strict conditions before receiving any economic benefits.“The deal is actually very simple,” Vance told Fox … Read more

US uses Iran-style covert transfer to move 90 million barrels of oil out of Gulf: report

June 16, 2026 by WEB DESK TEAM

The United States has reportedly been operating a clandestine maritime oil delivery network near the Strait of Hormuz, adopting a long-standing Iran-linked strategy to keep Gulf crude flowing despite Tehran’s blockade of the strategic waterway.The operation, launched in early May, involves transferring oil between ships off the coast of Oman and the United Arab Emirates … Read more

Crude prices drop 4.7% after US-Iran deal ends war and reopens Hormuz: Here’s what the experts say

June 15, 2026 by WEB DESK TEAM

Crude oil prices fell sharply after the United States and Iran announced a framework agreement to end the war. US President Donald Trump It said the agreement would help reopen the important Strait of Hormuz shipping route. Following the news, Brent crude oil prices fell 4.7% to $83.24 per barrel. Global stock markets reacted positively, … Read more

Will Trump attend the signing of the US-Iran agreement in Switzerland? JD Vance reveals the logistics of the treaty

June 15, 2026 by WEB DESK TEAM

Vice President J.D. Vance hints at President Donald Trump There may be a last-minute decision to attend the signing ceremony of the recently announced US-Iran peace deal. JD Vance says Donald Trump may decide at the last minute to attend the signing ceremony of the US-Iran deal. (X/@RedLineReportt) Vance said in an interview with Fox … Read more

US and Iran announce peace agreement and “permanently” end military operations

June 15, 2026 by WEB DESK TEAM

Mediator Pakistan said the United States and Iran had agreed to a peace deal and an “immediate and permanent” end to military operations on all fronts, including in Lebanon, in the strongest sign that more than three months of war in the Middle East is coming to an end. US and Iran announce peace agreement … Read more

Donald Trump: Has Donald Trump ruled out an attack on Iran’s Khag Island?

June 12, 2026 by WEB DESK TEAM

President of the United States Donald Trump A possible operation to seize Iran’s key Khargah island will “not be considered” if both sides sign a deal to end the war, he said on Thursday (local time), saying the deal “could be reached as early as this weekend”.“ALSO READ | Invasion baby, invasion: Trump eyes Iranian … Read more

US Apache helicopter crashes near Strait of Hormuz: report

June 9, 2026 by WEB DESK TEAM

A U.S. military helicopter gunship crashed near the Strait of Hormuz on Tuesday as tensions rose between Iran and Washington. The incident comes as military hostilities continue following the launch of “MAGA supremo” Donald TrumpMajor military action against the Iranian regime on February 28th.However, both crew members on board the helicopter were safely rescued, Reuters … Read more