Tag: US

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US & Iran officials to meet in Switzerland to finalise the peace deal, will it be the end of the conflict

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-Hezbollah conflict continues, throws a spanner in the works when it comes to US-Iran peace deal

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.

US-Iran peace deal reopens Hormuz: Indian LNG tanker Disha, carrying over 62,000 metric tonnes of LNG, passes safely through the strait

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.

US-Iran peace deal announced but doubts remain whether it heralds the dawn of lasting peace or just a temporary pause in hostilities

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.

The fresh US strikes in Iran may have further delayed reopening of Strait of Hormuz, and added to the uncertainty in global oil markets

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.

With US-Iran peace talks progressing slowly, reopening of Strait of Hormuz and normalisation of oil prices still days, if not weeks, away

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.