Strait of Hormuz — Page 34

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Global crises cannot be ignored, outgoing UK PM Starmer warns successor

In his first interview since announcing his resignation, UK Prime Minister Keir Starmer warned that his successor must devote as much time to international diplomacy as he did, arguing domestic and foreign affairs are inseparable. Andy Burnham, the sole candidate to lead the Labour Party, has promised to focus on domestic priorities, while US Vice President JD Vance expressed hope that Britain's next leader can deliver structural change.

4 outlets · 5 articles Jul 5

Islamabad frontrunner to host US-Iran talks

Diplomatic sources indicate Islamabad is the likely venue for the next round of US-Iran technical talks on July 11, focusing on nuclear program, sanctions, and frozen assets. The talks resume after a pause due to the funeral of Iran's Supreme Leader, with both sides exchanging sharp rhetoric.

2 outlets · 3 articles Jul 5

Several ships make sharp U-turn, not passing through Strait of Hormuz — TV channel

At least five ships made sharp U-turns at the entrance to the Strait of Hormuz, while three foreign tankers were reportedly turned back by the Iranian military for attempting passage without Tehran's permission. Iran's Persian Gulf Strait Authority has warned about safe passage on unauthorized routes.

1 outlet · 2 articles Jul 4

Russia’s Medvedev says Strait of Hormuz is Iran’s ‘nuclear weapon’

Russia's Security Council Deputy Chairman Dmitry Medvedev said Iran's ability to disrupt traffic in the Strait of Hormuz is equivalent to possessing a nuclear weapon, adding that Tehran also holds a "thermonuclear" option in the Bab el-Mandeb Strait. His remarks came after attending the funeral of Iran's late Supreme Leader Ali Khamenei.

1 outlet · 1 article Jul 4

Millions mourn Iran’s Ali Khamenei amid historic funeral procession

Iran has begun a six-day funeral for Supreme Leader Ayatollah Ali Khamenei, killed in a US-Israeli strike on February 28, with millions expected to attend. The ceremonies span Tehran, Qom, and Mashhad, amid reports of internal power struggles and the hidden status of his successor, Mojtaba Khamenei.

3 outlets · 4 articles Jul 4

Crowds gather as six-day funeral for former Iranian supreme leader begins

Iran has begun a six-day funeral for former supreme leader Ali Khamenei, who was killed in a US-Israeli strike in February. The ceremony, expected to draw millions, features public calls for retribution against Donald Trump and highlights regional tensions, including US sanctions and inflammatory rhetoric.

1 outlet · 5 articles Jul 4

Thousands gather in Iran as Khamenei funeral ceremonies begin

Funeral ceremonies for Iran's late Supreme Leader Ali Khamenei have begun in Tehran, with authorities expecting 15-20 million participants over three days. The events, marked by red flags and calls for revenge, unfold amid a fragile ceasefire and questions about the public appearance of his successor, Mojtaba Khamenei.

3 outlets · 4 articles Jul 4

Tehran offers Japanese companies to purchase Iranian oil — Kyodo

Iran has begun talks with Japanese companies about resuming crude oil purchases under a US sanctions waiver, though Japanese diplomatic sources reportedly view a deal as unrealistic over navigation safety concerns. Three Japanese buyers are reportedly considering purchases for the first time since 2019.

2 outlets · 2 articles Jul 4

Iran prepares for weeklong funeral of late Supreme Leader Ayatollah Ali Khamenei, killed in war

Iran is set to hold a weeklong funeral for Supreme Leader Ayatollah Ali Khamenei, killed in a war with the US and Israel. The event is seen as a show of support for the Islamic Republic, though analysts question public enthusiasm. Key figures, including a top general, have appeared publicly for the first time since the conflict began.

2 outlets · 3 articles Jul 3

Merz hits back at Trump for ridiculing Germany’s defence spending drive

German Chancellor Friedrich Merz defended his country's NATO defence spending after US President Donald Trump called past efforts 'ridiculous'. Merz said Germany is doubling its defence budget within four years, while NATO leaders prepare to meet in Ankara next week.

4 outlets · 5 articles Jul 3

KRX activates buy-side sidecar for KOSPI on sharp rise

South Korea's bourse operator has repeatedly activated a buy-side sidecar for the KOSPI as the index surged on tech and semiconductor gains. The mechanism suspends program trading for five minutes when the KOSPI 200 Futures index rises 5% or more for at least one minute.

1 outlet · 8 articles Jul 3

Australia expects to gain extra US$26 billion from exports after Iran war raises prices

Australia's resources export income is projected to rise by A$38 billion due to higher energy prices from the Iran war, with LNG benefiting most. Exploration spending has hit a 10-year high amid improved investment climate and Asian demand.

1 outlet · 2 articles Jul 3

US believes that Israel plotted assassination of Araghchi, Ghalibaf — NYT

US officials in the Trump administration believed Israel may have planned to assassinate Iranian Foreign Minister Abbas Araghchi and Parliament Speaker Mohammad Bagher Ghalibaf during sensitive negotiations, according to reports citing a New York Times account. Washington reportedly asked other governments to warn Iran and urged Israel to stand down. The episode highlighted diverging US and Israeli goals amid efforts to halt fighting and reopen the Strait of Hormuz.

3 outlets · 3 articles Jul 3

Russia says EAEU shares its concern about Armenia's rapprochement with EU

Russian officials and EAEU partners express concern over Armenia's pursuit of closer ties with the EU, warning of economic risks. Armenia says it sees no problem in balancing both, while Moscow urges a clear strategic choice.

1 outlet · 5 articles Jul 2

Russia ready to assist Iran, US in reaching long-term agreement — diplomat

Russia has signaled readiness to facilitate a comprehensive long-term agreement between Iran and the United States, and to support related UN Security Council efforts. Russian diplomats cite their updated collective security concept for the Persian Gulf and recent ceasefire understandings as evidence of progress.

1 outlet · 3 articles Jul 2

India can supply fuel to Russia if needed — oil minister

India's oil minister stated the country could supply fuel to Russia if needed, as Ukrainian attacks on Russian refineries have caused fuel shortages. Reports also indicate Indian-origin fuel may have reached Russia via traders, while India has significantly increased its own imports of Russian crude following the closure of the Strait of Hormuz.

3 outlets · 3 articles Jul 2

Up to 68 million barrels of Iranian oil currently afloat at sea — Bloomberg

Bloomberg reports that between 58 and 68 million barrels of Iranian oil may be afloat at sea, with over 90% lacking a clear destination, as Tehran seeks buyers after the US suspended sanctions. TASS adds that Iran exported over 40 million barrels since the lifting of naval blockade, and officials report a 20% price increase.

1 outlet · 3 articles Jul 2

Oil prices fall to levels not seen since start of US-Israel war on Iran

Brent crude fell below $71 a barrel, reaching levels not seen since before the US-Israel war on Iran began, as Qatar reported 'positive progress' in US-Iran talks and US Energy Secretary Chris Wright said Hormuz flows are near pre-war levels. Prices have dropped more than 38% from their post-war peak, driven by easing supply concerns and cautious optimism.

1 outlet · 2 articles Jul 2

Singapore warns of ‘severe’ haze in August, September from El Nino effect

The Singapore Institute of International Affairs has issued a rare red alert for Brunei, Indonesia, Malaysia and Singapore, warning of severe transboundary haze expected to peak in August and September. Rising energy and fertiliser costs could push agricultural companies to use fire for land clearing, compounding the risk from El Nino and a positive Indian Ocean Dipole.

1 outlet · 2 articles Jul 2

Iran says to use frozen funds in Qatar to buy ‘required goods’

Iran announced it will use part of its frozen assets in Qatar to purchase goods needed by the country, following talks in Doha. The move comes under a memorandum of understanding that halted the war between Iran and the US, with both sides offering differing details on the amount and purpose of the funds.

2 outlets · 2 articles Jul 2