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The Business Standard

Monday
June 29, 2026

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MONDAY, JUNE 29, 2026

Iran Crisis

Iran Crisis

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

Iran chief negotiator says Strait of Hormuz will be administered by Tehran: State media

Iran and the United States agreed on Monday to set up communication lines to keep the vital shipping route open and end fighting in Lebanon, mediators said, after their first round of talks in...

US Vice President JD Vance speaks to members of the media before boarding Air Force Two, after the US and Iran held high-level talks at the Lake Lucerne Summit, at Emmen Military Air Base, Emmen, Switzerland, June 22, 2026. Photo: REUTERS/Nathan Howard/Pool

US waives Iran sanctions after talks; Lebanon fighting abates

US President Donald Trump points his finger towards Israeli Prime Minister Benjamin Netanyahu during a press conference after meeting at Trump’s Mar-a-Lago club in Palm Beach, Florida, US, 29 December 2025. Photo: REUTERS

Trump allies defend him to Israelis anxious over Iran deal

Chess pieces are seen in front of displayed Iran's and US flags in this illustration taken January 25, 2022. REUTERS/Dado Ruvic/Illustration

Iran, US finalise agreement on release of $12b in frozen assets

US Vice President JD Vance looks on as Pakistan's Prime Minister Shehbaz Sharif speaks while holding the hand of Qatar's Prime Minister and Minister for Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani at the start of a quadrilateral meeting between the US, Iran, Pakistan, and Qatar at the Lake Lucerne Summit, aimed at advancing a deal to end the Middle East conflict, at Buergenstock Resort Lake Lucerne, near Stansstad, Switzerland, June 21, 2026. Photo: REUTERS/Nathan Howard/Pool

US and Iran conclude high-level talks in Switzerland: Mediators

Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the US-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. Photo: File/Reuters

High-level panel for final deal, Lebanon truce, Hormuz safety: Takeaways from Round 1 of US-Iran talks

Secret Service police members walk down the stairs at Buergenstock Resort Lake Lucerne on the day of talks between the US, Iran, Pakistan, and Qatar at the Lake Lucerne Summit, aimed at advancing a deal to end the Middle East conflict, near Stansstad, Switzerland, June 21, 2026. Photo: REUTERS/Nathan Howard/Pool

Oil slips after US-Iran conclude talks in Switzerland

United States President Donald Trump. Photo: BSS/AFP

Trump claims UAE was 'dropping bombs' during Iran conflict

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

Shipping slows after Iran says it has again shut the Strait of Hormuz

US Vice President JD Vance looks on next to US President Donald Trump's son-in-law Jared Kushner, as Iran's Foreign Minister Abbas Araqchi shakes hands with Pakistan's Prime Minister Shehbaz Sharif, before the start of a quadrilateral meeting between the US, Iran, Pakistan, and Qatar at the Lake Lucerne Summit, aimed at advancing a deal to end the Middle East conflict, at Buergenstock Resort Lake Lucerne, near Stansstad, Switzerland, 21 June 2026. REUTERS/Nathan Howard/Pool

US-Iran talks go into Day 2 after Trump threats, Hormuz closure

US Vice President JD Vance looks on next to US President Donald Trump's son-in-law Jared Kushner, as Iran's Foreign Minister Abbas Araqchi shakes hands with Pakistan's Prime Minister Shehbaz Sharif, before the start of a quadrilateral meeting between the US, Iran, Pakistan, and Qatar at the Lake Lucerne Summit, aimed at advancing a deal to end the Middle East conflict, at Buergenstock Resort Lake Lucerne, near Stansstad, Switzerland, 21 June 2026. REUTERS/Nathan Howard/Pool

Trump threatens Iran with fresh strikes as Vance attends talks in Switzerland

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

Hormuz will not reopen until Lebanon ceasefire holds, oil waivers issued, Tasnim reports

Minister of Foreign Affairs of Iran, Seyyed Abbas Araqchi, centre, at the Buergenstock resort in Obbuergen, near Lucerne, Switzerland, Sunday, 20 June, 2026. URS FLUEELER/Pool via REUTERS

Vance, Iranians in Switzerland for first talks, overshadowed by closure of Hormuz

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