Strait of Hormuz - Page 3

A cashier holds Indian currency notes at a fuel station in Ahmedabad, India, May 20, 2026. (Photo: Reuters)

Rupee falls 15 paise to 95.56 against US dollar in early trade

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Mumbai, Jun 10 (PTI) The rupee depreciated 15 paise to 95.56 against the US dollar in early trade on Wednesday as fresh escalations in the West Asia war lead to a spike in crude oil prices and pressurised the rupee. Forex traders said the USD/INR pair opened on a negative note after US President Donald

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Vessels anchored at the Strait of Hormuz, as seen from Musandam, Oman, May 25, 2026. (Photo: Reuters)

Iran says draft deal with US would reopen Hormuz shipping, end naval blockade

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DUBAI, May 27 (Reuters) – Iran’s state TV said Tehran ​had obtained a draft of an initial, ‌unofficial framework for a memorandum of understanding with the United States on ending their conflict. Under the framework, Iran would restore ​commercial shipping through the Strait of Hormuz to ​pre-war levels within a month, while the United ⁠States

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President Donald Trump departs Walter Reed National Military Medical Center, Tuesday, May 26, 2026, in Bethesda, Md. (Photo: AP)

Trump gathers Cabinet as he looks to seal deal to end war that some backers worry will embolden Iran

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WASHINGTON, May 27, 2026 (AP) — President Donald Trump will meet with his Cabinet on Wednesday at a precarious moment for talks aimed at ending the war with Iran, just days after insisting that his administration and Tehran had “largely negotiated” a settlement but with the negotiations still in a state of flux. As he

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  • Women hold portraits of Iran’s Supreme Leader, Ayatollah Mojtaba Khamenei, during a ceremony honoring the armed forces and those killed in the war with Israel and the U.S. at the Imam Khomeini Grand Mosque in Tehran, Iran, Sunday, May 24, 2026. (Photo: AP)
  • Government supporters hold Iranian flags and pictures of Iran’s Supreme Leader, Ayatollah Mojtaba Khamenei, during a ceremony honoring the armed forces and those killed in the war with Israel and the U.S. at the Imam Khomeini Grand Mosque in Tehran, Iran, Sunday, May 24, 2026. (Photo: AP)

What we know and don’t know about the emerging deal to end the Iran war

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CAIRO, May 26, 2026 (AP) — The United States and Iran appear to be closing in on a deal to end the war and open the Strait of Hormuz. U.S. President Donald Trump said Monday that negotiations are “proceeding nicely,” while reiterating his warning that fighting would resume if no deal is reached. It is

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