Tanker tracker says cargo ship in Hormuz has been stuck since March A maritime traffic monitor says a foreign cargo ship that Iranian state media reported had run aground while using a "US-suggested route" in the Strait of Hormuz had "actually been stuck in this same spot since March". TankerTrackers. com identified the vessel as Arista.
Iranian deputy foreign minister says frozen funds to be used for needed goods Iranian Deputy Foreign Minister Kazem Gharibabadi says Tehran will use part of its frozen assets in Qatar to purchase goods needed by the country following talks in Doha. Under the memorandum of understanding that halted the war between Iran and the US, Washington agreed to make Iran's frozen or restricted assets available as part of the agreement's implementation. It remains unclear how the mechanism for releasing and using the funds will work, or when it will take effect.
Airlines restore some Middle East flights as suspensions continue Some airlines are restoring flights to parts of the Middle East as diplomatic efforts to end the war on Iran gather pace, though many carriers have kept suspensions in place. Air Canada has cancelled flights to Tel Aviv and Dubai until 24 October. Air France has suspended flights to Tel Aviv until 2 July, Dubai until 5 July and Beirut until 9 July.
Hormuz shipping may take months to return to normal, French shipping company says French shipping company CMA CGM hopes the shipping situation in the Strait of Hormuz will improve in the coming days, but expects a return to normal to take several months, its chairman and CEO Rodolphe Saade told French business daily Les Echos. Saade said the group has had several vessels stuck inside the Gulf since the US-Israeli war on Iran began at the end of February. In peacetime, about 20 percent of the world's oil passes through the strategic waterway.
Oil prices fall as US leaders strike positive note on Iran talks Oil prices dropped by more than 1 percent as markets reacted to positive comments from US leaders on talks between Washington and Tehran. Brent futures fell $1. 38, or 1.
Spanish government ‘quietly bans’ use of Palantir over national security concerns The Spanish government has moved to ban the US surveillance firm Palantir amid fears that national security information could be leaked, according to the Spanish publication El Confidencial. Board members of several publicly listed companies told the paper they have been ordered to avoid signing any contracts with the data firm due to threats to national sovereignty, although the Spanish government has not issued any official announcement about the ban. Palantir, the controversial AI company owned by US billionaire Peter Thiel, accused of facilitating genocide in Palestine, holds £670m in contracts with the British civil and defence industries, including the NHS.
New Delhi [India], July 2 (ANI): India successfully negotiated energy disruptions caused by the West Asia conflict due to proactive measures taken by the government and the planning done over the years to build resilience, former BPCL Director (Marketing) Sukhmal Jain has said. 'There were widespread apprehensions of a severe crisis.
Iran president says some financial restrictions eased, Trump hails 'excellent meeting' with Tehran President Masoud Pezeshkian has announced the easing of some financial and foreign-exchange restrictions included in Iran's ongoing talks with the US, Iran's Fars news agency is reporting. Pezeshkian said Iran's continued oil exports were also covered by the agreement. Meanwhile US President Donald Trump told reporters that the US negotiating team has held "very good meetings" with Iran, and that Tehran has "come a long way".
Iran says foreign ship ran aground in Strait of Hormuz A foreign container ship has run aground in the Strait of Hormuz after entering shallow waters outside the shipping route set by Iranian authorities, Iranian state media reports. The report repeated a warning from the Islamic Revolutionary Guard Corps that vessels should pass only through the corridor south of Iran’s Larak island. Tehran says that route is the only approved entry-and-exit corridor for ships travelling through the strait.
Video: 'Unable to export even a single barrel of oil' In an interview with state TV, Iranian chief negotiator Mohammad Bagher Ghalibaf said on Tuesday that Tehran has exported over 40 million barrels of oil in less than two weeks since the lifting of the US blockade.
Iran, Oman to jointly charge fees along Strait of Hormuz: Report Iran and Oman are looking to jointly impose a service fee for use of the Strait of Hormuz, despite open US objections, The New York Times reported on Tuesday, citing an Iranian official and four diplomats. The 14-point plan signed by the US and Iran earlier this month stipulates that the Strait of Hormuz would see "the safe passage of commercial vessels with no charge", but much like the rest of the agreement, it is only valid for the 60-day negotiation period. However, Iran and Oman are mandated to develop a plan as part of the deal.
Thailand says 10 stranded vessels leave Strait of Hormuz Thailand’s Ministry of Foreign Affairs says 10 of 11 Thai-flagged vessels, or ships chartered by Thai operators, have safely left the Strait of Hormuz after being stranded there since late February. The ministry said one vessel, the Hatthaya Naree, remains in the area while it waits to load cargo. It added that the ship is expected to depart as soon as possible once loading is complete.
Washington, DC [US], July 1 (ANI): Plans to introduce payments for vessels transiting the strategic Strait of Hormuz are being advanced by Iran and Oman despite public objections from Washington, according to a report published by The New York Times.
New posts 14:08 Hormuz Traffic Holds Despite Security And Route Tensions Kpler, a commodities intelligence company, reported 34 verified vessel crossings on June 30 in the Strait of Hormuz. The data indicated a broad mix of commercial, energy-linked, and support traffic, while route visibility remained fragmented across Iranian and Omani routes.
New posts 20:34 Iran Deputy FM: Part Of Frozen Assets To Be Used To Buy Goods For Tehran Irans Deputy Foreign Minister Kazem Qaribabadi said part of the $6 billion in frozen Iranian assets held in Qatar will be made available to Tehran in the form of goods. Qaribabadi, speaking to the official IRNA news agency, said the decision was made during talks in the Qatari capital, Doha, on July 1.
Iran exports 50 million barrels of crude after US lifts blockade Iran has exported 50 million barrels of crude oil since the United States lifted its naval blockade on the country's energy exports, according to tanker-tracking firm TankerTrackers. com. The figure amounts to roughly 1.
US and Gulf states sanction entities accused of financial links to Hezbollah The US Department of the Treasury has announced joint sanctions by the Terrorist Financing Targeting Center against five entities and 16 individuals it claims are linked to Hezbollah's financial network. The TFTC is a multilateral body co-chaired by the United States and Saudi Arabia and includes member states of the Gulf Cooperation Council. The coordinated measures target the Al-Qard al-Hasan Association, translated as "the benevolent loan association", which the Treasury alleges presents itself as a non-governmental organisation while providing financial services similar to an unlicensed bank.
Iran, Oman to jointly charge fees along Strait of Hormuz: Report Submitted by MEE staff on Tue, 06/30/2026 - 17:05 Muscat appears to be trying to find a workaround so Iran does not impose a unilateral, mandatory toll for use of the critical waterway The Liberian-flagged container vessel MSC Reef is seen docked along a pier at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in Sharjah emirate, along the Gulf of Oman, on 28 June 2026 (AFP) Off Iran and Oman are looking to jointly impose a service fee for use of the Strait of Hormuz, despite open US objections, The New York Times reported on Tuesday, citing an Iranian official and four diplomats. The 14-point plan signed by the US and Iran earlier this month stipulates that the Strait of Hormuz would see "the safe passage of commercial vessels with no charge", but much like the rest of the agreement, it is only valid for the 60-day negotiation period. However, Iran and Oman are mandated to develop a plan as part of the deal.
Iran was among the main foreign powers carrying out intelligence activities against Germany in 2025, targeting opposition groups, pro-Israeli and pro-Jewish targets and the Iranian diaspora, Germany’s domestic intelligence agency said in a security report published Tuesday.
A banking disruption lasting more than two weeks has left many Iranians unable to access their accounts, make purchases or transfer money, adding to financial pressures after the recent war and ceasefire.