The United States, Israel, and Lebanon have signed a framework agreement in Washington, paving the way for the two Middle Eastern nations to potentially achieve peace.

A cargo ship was targeted in Hormuz, shortly after Iran warned it would deal with "vehicles passing through the strait illegally."

The personal consumption expenditures (PCE) index, the US Federal Reserve's preferred inflation gauge, rose over 4% in May.

Iran calls agreement to end Middle East conflict a "declaration of US failure" and a display of Tehran's courage.

Societe Generale Bank suggests China acts as an "invisible hand" that could help rebalance the global oil market both during and after the conflict.

President Pezeshkian asserts Iran would be "like Gaza" without ballistic missiles, confirming Tehran will not negotiate on these weapons.

The US Senate passes a resolution for the first time limiting Trump's power in the Iran campaign, indicating growing concern from the Republican party.

First round of US-Iran talks in Switzerland concludes with agreement on safe passage through Strait of Hormuz

OPEC's second largest oil producer expects to return to pre-conflict output soon, depending on traffic flow through the Strait of Hormuz.

Trump says the US will impose fees for passage through the Strait of Hormuz if Washington and Tehran fail to reach a final agreement, following Iran's declaration to close the strait.

At least 20 oil tankers have transited Hormuz since the US and Iran reopened the strait, according to commercial data firm Kpler.

Israel announced four soldiers, including a battalion commander, were killed after a tank was attacked by Hezbollah forces in Lebanon.

President Trump states conflict with Iran demonstrates US military strength and asserts 'no limits' to his power.

Three Iranian oil tankers have left a US navy-blockaded area in the Gulf, marking Tehran's first crude oil exports in two months.