SECURITYBLOOMBERG
Iran Can’t Help Gloating, and Oil Prices Go Up
The Strait of Hormuz, a key shipping route for regional oil and gas, has been blockaded since the U.S.-Iran war began in late February 2026. A provisional peace deal aims to reopen the waterway, but progress is unclear due to ongoing fighting in Lebanon and the need to clear sea mines. U.S. Vice President JD Vance is in Switzerland for talks with an Iranian delegation to finalize war-ending terms.
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- Easing of US Oil Sanctions Opens Brief Window for Iran Imports
- HORMUZ TRACKER: Traffic Halted With Blockades Firmly in Place
- Trump Touts Imminent Iran Deal That Would Reopen Hormuz Strait
- Trump says a deal has been reached with Iran and orders end to U.S. naval blockade as Hormuz to reopen — ‘Ships of the World, start your engines’