June 18, 2026
Markets settled into a more measured tone on Gulf developments as the initial excitement over the preliminary agreement began to fade
"The lack of details especially on freedom of shipping is a concern but not one that should constrain markets today,” one analyst says
The ceasefire and reopening of the Strait of Hormuz eased concerns of escalating conflict, possibly leading to lower oil prices
“The peace and security of the people of the country depend most on the role of the police,” Tarique Rahman says
The local fire department said the cladding of the building was flammable and this contributed to a rapid spread of flames
Tehran rejects claims that direct engagement with American officials will take place
He also says the US will interdict every vessel in international waters that paid a toll to Iran
Talking is always better than fighting, Wang tells Araqchi