US-Iran 60-Day Ceasefire Deal: Iran to Handover 441kg 60% Enriched Uranium, Reopen Strait of Hormuz (20% Global Oil)

Iran's 7-Day Plan to End War: Reopen Strait of Hormuz, US to Waive Sanctions on $12B Frozen Assets

Iran proposes a 7-day plan to end the war with the US, reopen the Strait of Hormuz, and restart nuclear talks. The proposal mirrors a June MoU that collapsed. With US midterm elections approaching, the timing is critical as high fuel prices hurt Trump's approval ratings. This has direct implications for global energy markets and India's strategic interests in West Asia.

Iran-Oman Negotiate Strait of Hormuz Reopening: US Disputes Iran's Proposed 'Service Fee' on 20% Global Oil Route

Iran and Oman are negotiating a framework to reopen the Strait of Hormuz, with Iran proposing a 'service fee' for vessels using its controlled lane. The US strongly opposes any arrangement that grants Iran control or revenue from the strategic waterway, creating a complex diplomatic standoff with direct implications for global energy security and India's oil imports.

Iran-Oman Corridor Plan to Reopen Strait of Hormuz Faces US Blockade Hurdle

Iran and Oman are negotiating a new corridor to reopen the Strait of Hormuz, a critical energy chokepoint, contingent on the US lifting its blockade on Iran's ports. This development directly impacts global oil supply and West Asian geopolitics, making it crucial for UPSC international relations and security preparation.

Gulf States Seek China's Help to Reopen Strait of Hormuz Amid US-Iran War; Oil Imports Down 40%

Gulf Arab states, frustrated by the US-led war with Iran blocking the Strait of Hormuz and Red Sea, are turning to China to use its economic leverage over Tehran. This shift highlights America's declining influence and China's strategic role as the world's largest oil buyer.

US-Iran Ceasefire Expires: 14-Point Framework, Strait of Hormuz Deadlock & Nuclear Stalemate

The 60-day US-Iran ceasefire (signed June 17, 2026) has expired without progress. The deal collapsed over control of the Strait of Hormuz, which ships 20% of global oil. This is critical for UPSC: tests geopolitics, energy security, and nuclear non-proliferation.

IAEA Board Reports Iran to UN Security Council for First Time in 20 Years Over Uranium Traces

The IAEA's board voted 23-3 to report Iran to the UN Security Council for non-cooperation in investigating undeclared uranium traces – the first such referral in two decades. This escalates nuclear tensions, opens Iran to potential sanctions (though vetoes by Russia/China make them unlikely), and marks a major diplomatic flashpoint amid ongoing US-Iran conflict.

Brent Crude Falls $4.08 as Trump Halts Iran Attack for Strait of Hormuz Deal

Oil prices crashed over $4/barrel after President Trump halted a planned attack on Iran to pursue a nuclear deal. The move has de-escalated fears over Strait of Hormuz disruptions, but OPEC+ also approved a 188,000 bpd quota increase, adding downward pressure.

Strait of Hormuz Crisis: Oil Jumps 5% as Iran-US Compensation Demands Stall Reopening

Oil prices surged ~5% as hopes for reopening the Strait of Hormuz faded after Iran demanded US sanctions relief and compensation, while President Trump counter-demanded compensation from Iran for past attacks. This standoff threatens global energy supplies, especially for import-dependent nations like India, and has pushed Brent crude to $87.72/barrel.