US extends sanctions exemptions on some Russian oil amid persistent high gas prices, balancing policy with economic stability.
Iran states the Strait of Hormuz is open but remains under its supervision, asserting control over the vital oil transit route.
Conflicting messages from Trump and Iran on Strait of Hormuz opening fuel peace deal hopes amid diplomatic uncertainty.
Former President Trump claims Iran conflict is nearly over, but Iranian officials dispute his assertions.
US naval blockade on Iran to continue until former President Trump ends it, impacting regional stability and global trade.
Iran has reopened the Strait of Hormuz for commercial vessels, welcomed by the US, amidst Pakistani-led peace talks.
European leaders are coordinating a plan for an international mission to secure the Strait of Hormuz amid rising regional tensions.
A ceasefire between Israel and Lebanon may ease tensions, potentially aiding US-Iran peace talks.
Iran and U.S. state Strait of Hormuz is open following a deal concerning Lebanon, signaling a potential de-escalation.
Stock markets surged Friday as geopolitical tensions eased, with Sensex and Nifty climbing nearly 1% on hopes of US-Iran diplomacy and a Lebanon-Israel ceasefire.