The peace deal between the United States and Iran is once again in the global spotlight as the two parties are set to hold high-level peace talks in Switzerland.
Israel maintains that its operations are directed against Hezbollah positions and infrastructure, arguing that it must continue acting against security threats regardless of diplomatic developments elsewhere.
The LNG tanker Disha, chartered by India’s Petronet LNG, crossed the Strait of Hormuz on June 14, becoming the first Indian ship to exit the Persian Gulf in over three months following a US-Iran peace deal announced by President Donald Trump.
The framework agreement reportedly includes a permanent ceasefire, the reopening of the Strait of Hormuz, and a commitment by both sides to continue negotiations over a final settlement.
Oil prices, which had cooled off a little last week after positive noises around the peace talks, climbed again over worries that the peace talks will now slow further down.
The talks have now once again entered a critical phase, with both sides dropping hints that some progress is being made on key issues. However officials believe that a final peace agreement is still days away.