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The Business Standard

Thursday
August 06, 2026

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THURSDAY, AUGUST 06, 2026

Iran Crisis

Iran Crisis

Oil tankers passing through the Strait of Hormuz in 2018. Photo: Reuters

Why the US, Iran and Oman are discussing a deal to reopen the Strait of Hormuz

The proposed arrangement, if finalised, would seek to revive a 17 June ceasefire framework, reduce risks to global energy supplies and create space for broader diplomatic negotiations

Boats float near the coast of Bab el-Mandeb, Yemen, April 2, 2026. Photo: REUTERS/File Photo

Gulf shipping traffic down after Houthis say they attacked Saudi tanker

United Nations High Commissioner for Human Rights Volker Türk holds a press conference in Beirut, Lebanon on  27 July, 2026. Photo: Reuters

UN rights chief says Iran executed at least 56 people since March

A banner with a picture of U.S. President Donald Trump next to an Iranian missile system at Azadi Square in Tehran, Iran, July 30, 2026. Photo: Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

Iran threatens to hit Gulf states if US launches new strikes

US President Donald Trump speaks to the media upon arrival at Los Angeles International Airport before departing Los Angeles for Las Vegas, Nevada, in Los Angeles, California, US, August 4, 2026. Photo: REUTERS/Evelyn Hockstein

Deal to reopen Strait of Hormuz could come as early as Wednesday or Thursday: Trump

A woman walks near a billboard depicting U.S. President Donald Trump on a building in Tehran, Iran, July 27, 2026. Photo: Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

US and Iran having 'very good discussions': Trump

Vessels at the Strait of Hormuz, as seen from Musandam, Oman on 18 June 2026. photo: Reuters/Stringer

Gulf shipping traffic steady amid uncertainty of peace talks

People walk next to a symbolic mock-up of an Iranian missile, on a street in Tehran, Iran, 11 June, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

Iran says it cancelled planned strikes on Ukraine after Kyiv apology

File Photo: Reuters

Oil ticks up after selloff as talks to end US-Iran war remain uncertain

Vessels in the Strait of Hormuz, as seen from Musandam, Oman, 3 August 2026. File Photo: Reuters

Status of US-Iran talks uncertain as ship struck in Hormuz

A woman walks near a billboard depicting U.S. President Donald Trump on a building in Tehran, Iran, July 27, 2026.

Trump says Iran talks to take place today, sets no deadline for deal

An aerial view of the Iranian shores and the island of Qeshm in the strait of Hormuz, December 10, 2023. Photo: REUTERS/Stringer/File Photo

When global sea routes become battlefields

Illustration: Reuters

How illicit Iranian gambling network helped pull off $4b sanctions dodge

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