The US struck Iranian military targets for a second straight day after CENTCOM said a drone hit the Panama-flagged tanker Kiku near the Strait of Hormuz. The renewed attacks deepen strains on a June 17 ceasefire agreement.
Posts tagged as “Hormuz Security Force”
The U.S. struck Iranian missile, drone and radar sites after accusing Tehran of violating a ceasefire with a drone attack on the Ever Lovely in the Strait of Hormuz. Iran blamed Washington for breaking the truce and said it retaliated against U.S. positions in the Gulf.
The U.S. military struck Iranian missile, drone and radar sites after a drone hit the Singapore-flagged Ever Lovely in the Strait of Hormuz. President Donald Trump called the attack a “foolish violation” of a newly signed ceasefire agreement.
The International Maritime Organization paused an evacuation plan for stranded sailors after a Singapore-flagged cargo ship was struck near Oman. The attack comes amid disputes over routes, fees and safety guarantees under a new U.S.-Iran arrangement for the Strait of Hormuz.
The Fed’s preferred inflation measure rose at a 4.1% annual pace in May, the fastest since April 2023, as energy prices climbed. Consumer spending and incomes still increased after adjusting for inflation.
Oil tankers used a U.N.-recommended route near Oman to leave the Persian Gulf despite Iran’s warning that unauthorized crossings of the Strait of Hormuz are prohibited. The crossings come amid U.S.-Iran disputes over control, fees and traffic rules under a temporary reopening agreement.
Brent crude has fallen to levels last seen before the Iran war as shipping through the Strait of Hormuz gradually resumes. The rebound in traffic follows a U.S.-Iran memorandum setting up 60 days of negotiations, though disputes over fees and vessel authorization remain.