Strait of Hormuz — Page 46

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G7 leaders to boost Ukraine air defences, tighten sanctions on Russia

At the G7 summit in Evian, leaders from the world's major democracies agreed to strengthen Ukraine's air defences and increase sanctions pressure on Russia's oil and gas sector. The summit also saw US President Donald Trump sign a memorandum of understanding aimed at ending the conflict with Iran, a move that leaders said could facilitate tougher measures against Moscow. However, Brazilian President Lula da Silva suggested that Western leaders are growing weary of the conflict and are seeking a resolution.

5 outlets · 6 articles Jun 17

IEA cuts global oil demand forecast, sees 1.1 mln bpd decline in 2026

The International Energy Agency (IEA) has revised down its 2026 global oil demand forecast by 735,000 barrels per day (bpd), now expecting a decline of 1.1 million bpd, according to its June report. The agency attributes the drop to the Middle East crisis, though it anticipates conditions to improve in the second half of the year. Separately, the IEA slightly raised its 2026 supply forecast, expecting a decline of 3.9 million bpd, with a recovery in Strait of Hormuz exports from the third quarter.

1 outlet · 2 articles Jun 17

Iran pledges no bomb; U.S. promises sanctions relief, $300 billion financing; agreement’s leaked text shows

A leaked 14-point framework agreement between the US and Iran outlines sanctions relief and economic development, including a reported $300 billion financing plan. While Washington and Tehran pledge mutual respect and nuclear non-proliferation, analysts warn that released funds could boost Iran's missile and drone programs. The memorandum is expected to be signed in Geneva on June 19.

2 outlets · 2 articles Jun 17

Iran links war deal to Israeli withdrawal from Lebanon

Iranian Foreign Minister Abbas Araghchi has declared that any agreement ending the conflict with the United States must include Israel's withdrawal from Lebanese territory, warning that continued occupation would violate the memorandum of understanding. As the US and Iran finalize the deal, Israel insists on maintaining its military presence in Lebanon, while analysts suggest only US pressure can force a real policy change.

5 outlets · 5 articles Jun 16

Press review: EU seeks to derail Ukraine talks as oil prices fall on Mid-East peace hopes

TASS reviews Russian press coverage of the US-Iran memorandum of understanding, which aims to end hostilities in the Middle East and restore navigation in the Strait of Hormuz. Experts quoted in the Russian press express cautious optimism but warn of fragility, while also noting Europe's perceived attempts to derail Ukraine peace talks and falling oil prices amid hopes for de-escalation.

1 outlet · 3 articles Jun 16