Brent peaked near $118 before a US-Iran framework began unwinding the premium
Hormuz
tracked under Shipping ▸ Chokepoints
General License X resumes Iranian crude exports with banking, insurance and shipping cover after the Hormuz reopening
With Hormuz restricted and the Red Sea still avoided, carriers reroute via the Cape, lifting spot rates 29-129% on key lanes
With a US–Iran framework deal, Berlin readies the Bundeswehr — under three conditions
Ceasefire extended 60 days for talks on nuclear program, sanctions and reconstruction; a Lebanon dispute threatens to unravel it
Kyiv signs 10-year air-defence and drone partnerships with Saudi Arabia, the UAE and Qatar and plans 10 European export offices