
The rebound comes as the security situation in the strait has improved following the U.S.-Iran memorandum of understanding extending the ceasefire.
Improving oil flows through the Strait of Hormuz have pushed Brent crude below levels seen before the conflict erupted.
The secretary of war said that the system autonomously detected, targeted, and destroyed multiple cruise missile and drone threats.
The Iran-Oman discussions on maritime service fees relate to broader navigation administration arrangements in the Strait of Hormuz.
The U.N. nuclear watchdog head’s remarks align with Trump’s insistence that the inspections will take place.
American drivers are seeing relief at the pump as gas prices extend a multi-week decline tied to lower oil costs.
The president said he will ‘do what I have to do’ if Iran fails to honor commitments under the war-ending memorandum of understanding.
JD Vance did not specifically say Iran had agreed to inspections of nuclear facilities damaged during the conflict.
The Israeli leader cited the need to defend northern Israeli communities against Hezbollah attacks.
The vice president said the talks produced progress on nuclear monitoring, the Strait of Hormuz, and a mechanism to manage tensions in Lebanon.