Iran Pushes Differing Deal Versions as US Sticks to Timeline — And Now Iran Closes Their Airspace

As of Sunday, June 14, 2026, the Middle East stands at a dangerous inflection point. Iran appears to be preparing for potential direct retaliation against Israel — including by restricting airspace in western regions and suspending flights to key western airports — following Israeli strikes on Hezbollah targets in Beirut’s Dahiyeh suburb. At the same […]

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The Iran Closure on the Strait of Hormuz Could Last to Labor Day: What It Means for Global Markets, Oil Prices, and the Physical vs. Paper Disconnect

The Strait of Hormuz — the narrow waterway through which roughly one-fifth of global oil and significant LNG volumes flow — has remained effectively closed since early March 2026 following the escalation of the U.S.-Israel-Iran conflict. Iran has suspended talks and signaled the blockade could become permanent absent major concessions. In a wide-ranging interview with […]

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