No Result
View All Result
  • Login
Saturday, June 20, 2026
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Markets

Iran reportedly closes Strait of Hormuz again, raising doubt over talks

by FeeOnlyNews.com
3 hours ago
in Markets
Reading Time: 3 mins read
A A
0
Iran reportedly closes Strait of Hormuz again, raising doubt over talks
Share on FacebookShare on TwitterShare on LInkedIn


Iran declared the Strait of Hormuz closed again on Saturday and warned vessels to stay away from the critical shipping route, but the U.S. denied those claims, stating the waterway remained open.

Tensions between the two countries escalated just days after Tehran and Washington reached an interim agreement to end hostilities in the region.

The announcement by Iran’s military and the country’s Islamic Revolutionary Guard Corps came as Iranian negotiators prepared to travel to Switzerland for technical-level talks with U.S. officials scheduled to begin Sunday.

Iran’s joint military command said the closure of the strait was in response to continued Israeli military operations in Lebanon and what it described as U.S. “bad faith” and a failure to uphold commitments under the truce framework, AP reported. Iranian state television said “subsequent steps have been planned” if what it called aggression continues, according to multiple outlets.

Earlier Saturday, Israeli strikes in southern Lebanon killed at least 16 people, including two children, AP reported, citing Lebanese authorities. Lebanon’s state-run National News Agency said seven people remained trapped beneath rubble in Nabatiyeh and nearby villages following the attacks, according to AP.

The U.S. military said the Strait of Hormuz had not been closed, however, and said that ⁠U.S. forces ‌were monitoring the ⁠situation to ensure that it remained open, Reuters reported.

“Iran does not control the Strait ‌of Hormuz,” U.S. Central Command spokesperson Navy Captain ​Tim Hawkins told Reuters. “Traffic continues to flow, and U.S. forces ⁠are monitoring the situation to ensure ‌this remains the ‌case.”

President Donald Trump also indicated the administration considered the strait as open for traffic. He suggested the U.S. could begin charging ships to transit the Strait if the parties fail to convert the interim agreement into a final deal within 60 days.

“There will be NO TOLLS in the  Hormuz Strait for 60 days during the Cease Fire Period, and there will be NO TOLLS after the 60 day period has expired, unless they are imposed by and for the United States of America, should the deal not be completed,” he said in a Truth Social post late Saturday, claiming the charge would be for “services rendered.”

Iran’s attempt to shut down the strait again raises the stakes ahead of the talks in Switzerland, which are intended to advance the interim agreement reached Wednesday between Trump and Iranian President Masoud Pezeshkian after nearly four months of war.

The signed memorandum of understanding had called for the immediate end to military actions by Israel in Lebanon and the full reopening of the strait without tolls imposed by Iran for at least 60 days.

Vance, Iranian delegation head to Switzerland

U.S. Vice President JD Vance on Saturday left Washington to travel to Switzerland for further negotiations with Iran, the White House reported.

The vice president told reporters before boarding his flight that he hoped to “make progress on the nuclear ⁠issue” and “the Lebanon ceasefire issue.”

“Despite the headlines, things are actually ‌getting better there (in Lebanon), and things are slowing ​down a little bit,” he said. “It’s ⁠going to be something we’re just ‌going to have ‌to continuously manage to ensure that you know Israel and ⁠Lebanon are both safe and secure.”

Earlier, the Swiss Federal Department of Foreign Affairs announced in a post on X that the Iranian delegation had arrived in the country.

Vance struck an optimistic tone earlier in the day, saying talks were advancing despite Iran’s latest threat to shut the strait.

Speaking on Fox News, he said Jared Kushner, Trump’s son-in-law, and special envoy Steve Witkoff in Switzerland were working through the agreement’s technical details. He added that discussions were “going well.”

Vance noted that tanker traffic had rebounded sharply following the ceasefire agreement.

“We actually got 16 million barrels of oil out of the Strait of Hormuz yesterday,” Vance said. “That is a record going back to even before the conflict started.”

He also said negotiators were focused on securing Iran’s enriched uranium stockpile to make it “effectively impossible” for Tehran to rebuild its nuclear program, while emphasizing that the United States retained significant economic leverage if Iran failed to comply with the agreement.

— Reuters and the Associated Press contributed to this report



Source link

Tags: closesDoubtHormuzIranRaisingreportedlyStraittalks
ShareTweetShare
Previous Post

The oldest known written customer complaint is a 3,750-year-old clay tablet from ancient Ur, where a furious customer named Nanni accused the merchant Ea-nasir of delivering sub-standard copper — proof that bad reviews are almost as old as writing itself

Next Post

Cathie Wood buys $52 million of surging tech stock

Related Posts

Ford Leads Among Carmaker Recalls So Far in 2026. Here’s Why

Ford Leads Among Carmaker Recalls So Far in 2026. Here’s Why

by FeeOnlyNews.com
June 20, 2026
0

Ford has recalled cars more often than any other automaker by far so far this year, according to data compiled...

Principal Financial Group (PFG) Has a Retirement-and-Spread Income Engine Bigger Than a Plain Insurer Label

Principal Financial Group (PFG) Has a Retirement-and-Spread Income Engine Bigger Than a Plain Insurer Label

by FeeOnlyNews.com
June 19, 2026
0

Principal Financial Group (PFG) is often grouped with life insurers, but that label misses what makes the earnings model more...

Customers Say These Are the Best TV Providers in 2026

Customers Say These Are the Best TV Providers in 2026

by FeeOnlyNews.com
June 19, 2026
0

Editor's Note: This story comes from CableTV.com. Streaming TV used to be touted as the cheaper alternative to massive cable...

Henry Schein (HSIC) Has a Dental-and-Practice-Workflow Platform Bigger Than a Low-Margin Distributor Label

Henry Schein (HSIC) Has a Dental-and-Practice-Workflow Platform Bigger Than a Low-Margin Distributor Label

by FeeOnlyNews.com
June 19, 2026
0

Henry Schein (HSIC) is often treated like a plain distributor, which naturally pushes investors toward a low-margin, low-multiple view of...

Copart (CPRT) Has a Salvage-Auction Network and Insurer Workflow Moat Bigger Than a Used-Car Cycle Trade

Copart (CPRT) Has a Salvage-Auction Network and Insurer Workflow Moat Bigger Than a Used-Car Cycle Trade

by FeeOnlyNews.com
June 19, 2026
0

Copart (CPRT) is easy to misread as a simple bet on wrecked-car volumes, used-vehicle prices, or accident frequency. That framing...

8 Things You Should Not Store in the Pantry

8 Things You Should Not Store in the Pantry

by FeeOnlyNews.com
June 19, 2026
0

Experiencing sticker shock at the grocery store? You’re not imagining it. Inflation has been creeping back up lately. And though...

Next Post
Cathie Wood buys  million of surging tech stock

Cathie Wood buys $52 million of surging tech stock

  • Trending
  • Comments
  • Latest
10 States Offering Free or Low‑Cost College Courses for Residents Over 60

10 States Offering Free or Low‑Cost College Courses for Residents Over 60

May 13, 2026
Entry-Level Rentals Are Disappearing—Here’s How Landlords Can Fill the Gap

Entry-Level Rentals Are Disappearing—Here’s How Landlords Can Fill the Gap

June 18, 2026
Trump reportedly pressed FDA chief to authorize mango and blueberry vapes after years of rejection

Trump reportedly pressed FDA chief to authorize mango and blueberry vapes after years of rejection

May 7, 2026
Synopsys targets .61B revenue for 2026 while advancing joint AI solutions and accelerating Ansys integration (NASDAQ:SNPS)

Synopsys targets $9.61B revenue for 2026 while advancing joint AI solutions and accelerating Ansys integration (NASDAQ:SNPS)

December 10, 2025
Trump claims Iran deal is ‘unconditional surrender’: Axios

Trump claims Iran deal is ‘unconditional surrender’: Axios

June 18, 2026
Strait Outta Hormuz: Getting the Iran Oil Story Straight

Strait Outta Hormuz: Getting the Iran Oil Story Straight

June 12, 2026
Stock news for investors: Retail stocks tumble despite strong earnings

Stock news for investors: Retail stocks tumble despite strong earnings

0
Ready for Summerween? Redditors Share Budget-Friendly Tips

Ready for Summerween? Redditors Share Budget-Friendly Tips

0
The oldest known written customer complaint is a 3,750-year-old clay tablet from ancient Ur, where a furious customer named Nanni accused the merchant Ea-nasir of delivering sub-standard copper — proof that bad reviews are almost as old as writing itself

The oldest known written customer complaint is a 3,750-year-old clay tablet from ancient Ur, where a furious customer named Nanni accused the merchant Ea-nasir of delivering sub-standard copper — proof that bad reviews are almost as old as writing itself

0
Market Talk – June 18, 2026

Market Talk – June 18, 2026

0
How to Gain Visibility into Distributor Inventory in 2026

How to Gain Visibility into Distributor Inventory in 2026

0
Israeli defense booths boarded up at French arms show

Israeli defense booths boarded up at French arms show

0
Cathie Wood buys  million of surging tech stock

Cathie Wood buys $52 million of surging tech stock

June 20, 2026
Iran reportedly closes Strait of Hormuz again, raising doubt over talks

Iran reportedly closes Strait of Hormuz again, raising doubt over talks

June 20, 2026
The oldest known written customer complaint is a 3,750-year-old clay tablet from ancient Ur, where a furious customer named Nanni accused the merchant Ea-nasir of delivering sub-standard copper — proof that bad reviews are almost as old as writing itself

The oldest known written customer complaint is a 3,750-year-old clay tablet from ancient Ur, where a furious customer named Nanni accused the merchant Ea-nasir of delivering sub-standard copper — proof that bad reviews are almost as old as writing itself

June 20, 2026
Bitcoin Rotations Into Altcoin Market is Collapsing: Is Altseason Postponed?

Bitcoin Rotations Into Altcoin Market is Collapsing: Is Altseason Postponed?

June 20, 2026
What Yale Researchers Found About Positive Aging Beliefs—and Why It Matters After 60

What Yale Researchers Found About Positive Aging Beliefs—and Why It Matters After 60

June 20, 2026
Argentina’s Javier Milei Exempts Regulated Crypto Exchanges

Argentina’s Javier Milei Exempts Regulated Crypto Exchanges

June 20, 2026
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Cathie Wood buys $52 million of surging tech stock
  • Iran reportedly closes Strait of Hormuz again, raising doubt over talks
  • The oldest known written customer complaint is a 3,750-year-old clay tablet from ancient Ur, where a furious customer named Nanni accused the merchant Ea-nasir of delivering sub-standard copper — proof that bad reviews are almost as old as writing itself
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.