Iran

Crude oil has surrendered roughly a third of its value since the Strait of Hormuz conflict pushed it toward $120 a barrel, yet the price Americans pay at the pump has only barely dropped. West Texas Intermediate – as closely tracked by the United States Oil Fund (NYSE:USO) – fell almost 5% on...

Iran will reportedly let ships pass through the Strait of Hormuz for free during the first 60 days following an agreement between Washington and Tehran, with reported revised wording pointing towards Tehran potentially collecting fees from ships passing through the route. Iran To Collect Tolls? On...

House Minority Leader Hakeem Jeffries (D-NY) slammed President Donald Trump on Sunday, accusing the President of worsening the situation with Iran by pulling out of a key nuclear deal signed during the former President Barack Obama administration. Hakeem Jeffries Says Trump ‘Ripped’...

The memorandum of understanding (MOU) between U.S.-Iran follows weeks of intense diplomatic efforts by regional mediators to prevent escalating clashes from reigniting a broader conflict. While full details have yet to be disclosed, and different versions of the MOU are doing the rounds, here are...

On Sunday, Rep. Ro Khanna (D-Calif.) said a reported ceasefire involving Iran and the reopening of the Strait of Hormuz marks a positive turning point that could ease energy prices and help prevent further military escalation. Khanna Backs Iran Ceasefire In a post on X, Khanna praised the reported...

President Donald Trump on Sunday announced that a framework agreement to end the war with Iran had been reached. Trump, in a post on Truth Social, said, "The Deal with the Islamic Republic of Iran is now complete." While announcing this, Trump also said that "Ships of the World, start your engines...

GasBuddy analyst Patrick De Haan on Sunday called for cautious optimism over an agreement between the U.S. and Iran that would end the blockade over the Strait of Hormuz and bring an end to the war, leading to a smooth flow of oil. U.S.-Iran Deal Struck In a series of posts on the social media...

Ahead of what he described as a near-complete peace agreement with Iran, President Donald Trump on Sunday criticized an Israeli strike on Beirut and warned that further attacks could jeopardize the ongoing diplomatic process for peace. Trump Expresses Disapproval In a post on Truth Social, Trump...

Top crude oil benchmarks retreated on June 13 on Hyperliquid as investors awaited a potential U.S.-Iran deal, which could be signed as early as Sunday.  Crude Oil Price Sinks Amid Hopes of a US-Iran Deal Brent, the global benchmark, dropped to $84, its lowest level since April 17, with its...

Defense investors have heard this story before. President Donald Trump took aim at Iran in a Truth Social post on Friday, dismissing Tehran’s characterization of ongoing negotiations and warning that the country had better “get their act together, and FAST.” Trump also condemned...

A Truth Social post from President Donald Trump may have handed tanker investors a new storyline. Trump accusing Iran of acting in bad faith during negotiations and calling an alleged drone attack on Indian ships leaving the Strait of Hormuz “totally unacceptable. The comments come as the...

The U.S. and Iran have reportedly drafted a memorandum of understanding (MOU) that lays out a 14-point roadmap for easing tensions between the U.S. and Iran. These measures must be implemented before formal negotiations on a final agreement can begin, CNBC reported on Friday, citing Iran’s...

GLJ Research analyst Gordon Johnson on Thursday said that the Iranian government’s adding Elon Musk-led SpaceX to its target list is a smart move for Tehran. Iran To Target SpaceX? In a post on X, Johnson said that Iran targeting SpaceX infrastructure was smart for Iranians because “the...

GasBuddy analyst Patrick De Haan has criticized the President Donald Trump administration, saying that the effects of the Iran war were still negatively impacting Americans in the form of higher costs. Biggest Losers Are Not In Tehran In a post on X on Thursday, De Haan quoted a post by Trump...

With President Trump hinting that a deal with Iran could soon happen as discussions on a deal have been approved by the “highest level of Iranian leadership,” hopes for traffic returning to normal at the Strait of Hormuz have increased once again. Trump on Thursday called off "scheduled...