Iran denies talks with US are scheduled in Qatar as White House to send envoys to Doha

The United States and Iran agreed to halt attacks after trading strikes over the weekend, shrouding the wider region and the status of peace talks into uncertainty.

US Iran WarIranian Foreign Minister Abbas Araghchi and US President Donald Trump. (File Photo/AP)

Commercial traffic through the Strait of Hormuz slowed significantly after renewed exchanges of fire between the United States and Iran and an attack on a merchant vessel heightened security concerns, Al Jazeera reported. According to maritime intelligence firm Kpler, 29 commodity vessels transited the strait on Saturday and only 12 on Sunday, a sharp drop from last Wednesday’s 70 crossings, when shipping activity had rebounded following the US-Iran memorandum of understanding, the report said.

‘Doha talks’ in question: US President Donald Trump said Iran has requested a meeting and confirmed that talks will take place in Doha on Tuesday, days after the two countries exchanged strikes. “Iran has requested a meeting. It will take place tomorrow in Doha!” Trump wrote on his Truth Social platform. Earlier, Iran’s Deputy Foreign Minister Kazem Gharibabadi said no technical working group meetings between Iran and the United States are scheduled for this week, reported Iran’s semi-official Tasnim News Agency. Meanwhile, a source told Al Jazeera that “communication channels created to de-escalate any incidents are in place and technical talks are set to continue.”

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Multiple fresh strikes exchanged: The weekend strikes are testing a US-Iran agreement intended to halt hostilities during 60 days of technical negotiations. Following several days of fire exchanges near the Strait of Hormuz, a Trump administration official announced Sunday that both the US and Iran have agreed to stand down, with shipping lanes reopened to free movement. The two countries had since agreed to meet in Doha, Qatar, on Tuesday to discuss outstanding disputes, Axios reported  earlier on Monday.

Latest Developments

  • Hormuz standoff deepens: Iran’s Foreign Minister Abbas Araghchi said control of the Strait of Hormuz lies solely with Tehran, warning that any attempt to bypass Iran’s preferred route will cause tension and escalation. Commercial vessel operators say the interim agreement is not reflected in conditions on the waterway.
  • Doha talks confirmed: The US and Iran have agreed to halt attacks and hold talks in the Qatari capital on Tuesday to resolve the Hormuz dispute, according to Axios.
  • Lebanon complicates deal: Iran has demanded a full withdrawal of Israeli forces from Lebanon as a condition of any final agreement with Washington, further straining peace efforts.
  • Lebanon framework rejected: Lebanese Parliament Speaker Nabih Berri said Beirut’s framework agreement with Israel will not pass and will not be implemented, saying it fails to guarantee Lebanese rights.

Follow The Indian Express Global Desk’s live coverage for the latest updates from West Asia, the diplomatic corridors of Europe, and the evolving legal battles in Washington.

Live Updates
Jun 30, 2026 07:53 AM IST

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Jun 30, 2026 06:49 AM IST
US lawmaker calls for end to ‘US-backed war crimes’ in Lebanon

Rashida Tlaib, a Democratic congresswoman, says she will force another vote in Congress to end US involvement in Israeli “apartheid regime’s campaign of ethnic cleansing and territorial expansion” in Lebanon.

“Congress must vote to end US support for these atrocities and force an end to Israel’s invasion and illegal military occupation of Lebanese territory,” she wrote on X.

Jun 30, 2026 05:39 AM IST
Iran signals commitment to US deal but warns Tehran will 'defend decisively'

Iranian President Masoud Pezeshkian said Monday that Tehran remains committed to the memorandum of understanding with the United States as long as Washington meets its obligations, writing on X that “mutual understanding is a two-way street” and “if the American side adheres to the agreement, we will also fulfill our commitments.”

He added that Iran’s approach to “unreasonable saber-rattling and baseless threats” is to rely on rationality and human dignity in decision-making, while defending “decisively and fearlessly when action is required.”

Jun 30, 2026 04:45 AM IST
Trump announces Qatar meeting; Tehran says nothing planned

President Trump said US-Iran talks would take place in Doha, but Tehran denied any meeting had been scheduled. The conflicting statements have heightened uncertainty around the fragile ceasefire and broader efforts to de-escalate tensions in the region.

Jun 30, 2026 04:34 AM IST
Witkoff, Rubio brief Congress on Iran ahead of technical talks in Qatar

US envoy Steve Witkoff and Secretary of State Marco Rubio held an unclassified briefing by phone for members of Congress on Monday at 4 p.m. EDT about the Iran negotiations.

Republican Sen. Steve Daines told Reuters the administration’s remarks were minimal but called the conversation “constructive,” while Senate Democratic Leader Chuck Schumer criticized the briefing as “deficient and devoid of details,” saying Rubio confirmed Iran would reap billions in oil revenue while keeping leverage over the Strait of Hormuz after the US was “dragged into a costly war.”

White House Press Secretary Karoline Leavitt said President Donald Trump is sending Jared Kushner and Witkoff to lead a new round of technical talks in Doha, Qatar, this week.

Jun 30, 2026 04:29 AM IST
Israel says Iran war could restart 'within two days,' Mojtaba Khamenei 'marked for death'

Israeli Defense Minister Israel Katz said Monday that Israel could be at war with Iran “within two days” if Tehran fires missiles at Israeli territory, telling reporters that Supreme Leader Mojtaba Khamenei was “marked for death” and that he had directed the IDF to prepare for a “blue-and-white operation in Iran,” Ynet reported.

Katz outlined two scenarios for renewed conflict: President Donald Trump decides negotiations have “run their course” and resumes strikes, or Iran attacks Israel, adding, “There is no reality in which Israel will allow missile fire at its territory without responding with force.” Posted by Emma Bussey.

Jun 30, 2026 12:24 AM IST
Iran opposes vessels passing outside Hormuz paths specified by Tehran, deputy foreign minister says

Iranian and Omani experts will start talks on ⁠redefining ​transit paths through ​the Strait ​of Hormuz ⁠in the coming days, ‌Iran's deputy foreign minister Kazem Gharibabadi told ⁠state ⁠TV on ⁠Monday, ‌adding Iran ​will ‌try to obstruct vessels ‌outside defined paths, Reuters reported.

Jun 29, 2026 11:51 PM IST
Oil rises on US-Iran strikes, cautious hopes for shipping cap gains

Oil prices gained more than 1% on Monday after attacks by the US and Iran underscored the fragility of their interim peace deal, while cautious hopes of a continued recovery in energy shipping through the Strait of Hormuz limited gains.

- Reuters

Jun 29, 2026 11:04 PM IST
No Iran-US talks in coming days, Iran's foreign ministry spokesperson says

No talks between Iran and the United States are scheduled in the coming ⁠days, ​Iran's Foreign Ministry Spokesperson Esmaeil Baghaei said in ​a statement on Monday. ⁠

Baghaei further added that an Iranian technical ‌delegation will visit Qatar this week, but has no relation to US ⁠officials ⁠visiting the country.

Jun 29, 2026 10:06 PM IST
France, Oman to cooperate with partners on Strait of Hormuz mine clearance

French President Emmanuel Macron on Monday said that France and Oman will cooperate with their partners on clearing mines from the Strait of Hormuz and work to de-escalate tensions together in West Asia.

"We have decided to collaborate, in conjunction with our partners, on clearing mines from the Strait in order to secure maritime routes and guarantee free and unconditional passage through the Strait of Hormuz," Macron wrote on social media.

Jun 29, 2026 09:48 PM IST
Qatar's minister of state for defence affairs discusses regional developments with Iran's acting defence minister

Qatar's minister of state for defence affairs discussed regional developments and aspects of joint coordination with Iran's acting defence minister, Reuters reported.

Jun 29, 2026 08:32 PM IST
Rubio to brief House lawmakers on Iran agreement

The US Secretary of State Marco Rubio will brief House lawmakers from both parties on the tentative agreement with Iran during a virtual meeting scheduled for 4 p.m. ET, CNN reported citing a source familiar with the plans.

The briefing will be the first direct update for most members of Congress from the Trump administration on its efforts to wind down the conflict. It comes after Washington said the United States and Iran had agreed to stand down following weekend exchanges of strikes.

Jun 29, 2026 08:15 PM IST
Iraq gives pro-Iran groups until September 30 to disarm

Iraq's government has ordered pro-Iran armed groups operating in the country to disarm by September 30, government spokespersons announced during a press conference.

The move comes ahead of Prime Minister Ali al-Zaidi's planned visit to the United States, with Washington pressing Baghdad to curb the influence of armed factions aligned with Tehran.

Several of the groups, many operating under the umbrella of the state-backed Popular Mobilization Forces, launched attacks on US facilities in Iraq during the early stages of the US-Israel conflict with Iran.

(With inputs from Al Jazeera)

Jun 29, 2026 08:02 PM IST
Qatar temporarily suspends maritime activities amid Gulf tensions

Qatar's Ministry of Transport has advised the temporary suspension of all sailing and maritime activities until further notice amid escalating security concerns in the Gulf.

The advisory comes as renewed exchanges between the United States and Iran continue to heighten tensions around the Strait of Hormuz, following recent attacks on commercial shipping and military strikes.

The ministry did not specify how long the suspension would remain in effect or provide further details on the scope of the restrictions.

(With inputs from Reuters)

Jun 29, 2026 07:52 PM IST
Lebanon army chief meets US CENTCOM commander

Lebanon's Army Chief Rodolph Haykal met the head of US Central Command Brad Cooper and a US military delegation to discuss the security situation in Lebanon and the wider Middle East, Al Jazeera reported citing Lebanon's state-run National News Agency.

The two sides also discussed ways to strengthen military cooperation, according to the report. Haykal thanked the United States for its support and stressed the importance of continued cooperation to preserve Lebanon's security and stability.

(With inputs from Al Jazeera)

Jun 29, 2026 07:39 PM IST
Strait of Hormuz traffic drops after US-Iran weekend strikes, report says

Commercial traffic through the Strait of Hormuz slowed significantly after renewed exchanges of fire between the United States and Iran and an attack on a merchant vessel heightened security concerns, Al Jazeera reported.

According to maritime intelligence firm Kpler, 29 commodity vessels transited the strait on Saturday and only 12 on Sunday, a sharp drop from last Wednesday's 70 crossings, when shipping activity had rebounded following the US-Iran memorandum of understanding, the report said.

Despite Iranian warnings against using unapproved shipping lanes, some vessels continued to sail through multiple routes over the weekend. Maritime tracking data showed ships initially continued using the southern corridor through Omani waters after Saturday's vessel attack before traffic gradually eased. Analysts noted the figures may underestimate total movements because some ships transit with their tracking transponders switched off.

(With inputs from Al Jazeera)

Jun 29, 2026 07:28 PM IST
US stocks rise as investors shrug off renewed US-Iran tensions, report says

US stocks climbed on Monday as investors shrugged off renewed hostilities between the United States and Iran, with the S&P 500 rising 0.5%, the Dow Jones Industrial Average gaining about 195 points and the Nasdaq Composite advancing 0.8%, AP reported.

Markets were supported by gains in artificial intelligence-related stocks after Samsung Electronics and SK Hynix announced plans to invest nearly $520 billion in a new semiconductor manufacturing hub in South Korea. Comcast shares also jumped after the company unveiled plans to split its media businesses into a separate publicly traded company.

Oil prices edged higher following fresh military exchanges around the Strait of Hormuz, with Brent crude trading above $73 a barrel. Analysts cautioned that uncertainty over shipping through the strategic waterway continues to pose risks for global energy markets.

(With inputs from AP)

Jun 29, 2026 07:05 PM IST
Frozen Iranian funds seen as 'incentive' to sustain US talks: Analysis

Access to Iran’s frozen overseas assets has emerged as one of the few areas where progress is still possible in negotiations with the United States, according to an analysis by Al Jazeera citing political analyst Abbas Aslani.

Speaking to Al Jazeera, Aslani said Qatar is facilitating efforts to restore Iran’s access to the $6 billion in Iranian funds transferred from South Korea in 2023, with another $6 billion also under discussion. He said movement on the financial track could encourage Tehran to remain engaged in negotiations despite broader disagreements.

The funds were transferred to Qatar under a 2023 agreement between Iran and the United States but were never made available to Tehran because of political and geopolitical complications. According to Aslani, Doha is now using the issue to help keep the diplomatic process alive.

(With inputs from Al Jazeera)

Jun 29, 2026 06:59 PM IST
'Broad wording' in US-Iran memorandum fuels renewed tensions: Analysis

The renewed exchange of attacks between the United States and Iran has exposed weaknesses in the memorandum of understanding signed earlier this month, with analysts arguing that its broad wording left major disputes unresolved, according to an analysis by The Guardian.

Two issues in particular have fuelled the latest tensions, the analysis said: the ceasefire in Lebanon and the reopening of the Strait of Hormuz. The agreement left critical terms such as Iran's role in securing shipping and implementing a Lebanon ceasefire deliberately vague, enabling Washington and Tehran to interpret the provisions differently.

The disagreements have strengthened critics of the deal inside Iran, with both sides now accusing each other of violating the agreement as fresh military exchanges threaten to derail the peace process.

(With inputs from The Guardian)

Oil tanker HELGA is moored at one of Iraqs southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz. (Photo: Reuters)

Jun 29, 2026 06:50 PM IST
Fresh US-Iran strikes threaten fragile Strait of Hormuz peace agreement

Fresh exchanges of fire between the United States and Iran have renewed pressure on the interim peace agreement reached earlier this month, with Tehran launching drone and missile attacks on Bahrain and Kuwait following new US strikes on Iranian military sites, The Guardian reported Monday.

The latest escalation stems from disagreements over reopening the Strait of Hormuz. Washington supports a southern shipping corridor along Oman's coast, while Tehran insists vessels should use routes under Iranian oversight, arguing that any alternative arrangement would increase regional tensions.

(With inputs from The Guardian)

Jun 29, 2026 06:40 PM IST
Shipping through Hormuz shows signs of recovery, says report

Marine traffic through the Strait of Hormuz has picked up modestly over the past 36 hours, CNN reported citing ship-tracking data, after the United States and Iran reportedly agreed to stand down following recent exchanges of fire.

Several large tankers were seen transiting the waterway on Monday, many using a southern route close to the Omani coast, according to the report. Three container ships have also entered the Gulf over the past three days, marking the first commercial entries by major carriers since the conflict began, according to maritime intelligence firm Kpler.

Despite the increase in traffic, uncertainty remains as many vessels continue to sail with their tracking transponders switched off. Iran has insisted ships obtain permission to use designated routes, while a growing number of vessels are choosing the southern corridor near Oman instead.

(With inputs from CNN)

Jun 29, 2026 06:15 PM IST
US, Iranian technical teams to meet in Doha: Source

Technical teams from the United States and Iran are expected to meet in Doha in the coming days to advance implementation of the memorandum of understanding, a diplomatic source familiar with the talks told CNN.

The source said communication channels established to de-escalate incidents remain active and technical discussions are set to continue as both sides work to preserve the fragile agreement.

Jun 29, 2026 05:53 PM IST
White House says Witkoff, Kushner to attend high-level Iran talks in Doha

The White House said senior advisers Steve Witkoff and Jared Kushner will attend high-level talks with Iran in Doha, while technical discussions will be held on the sidelines, Reuters reported quoting Fox News.

Officials said the technical talks will be held on sidelines of high-level talks, as Washington seeks to preserve the fragile memorandum of understanding reached with Tehran.

The White House added that President Donald Trump wants the peace process to play out despite recent military exchanges between the two sides.

(With inputs from Reuters)

Jun 29, 2026 05:45 PM IST
Trump says falling oil prices reflect success of Iran deal

Donald Trump has claimed credit for the recent decline in oil prices, linking the drop to the interim agreement reached with Iran.

In posts on Truth Social, Trump said oil prices were now below levels seen before the start of the campaign to "denuclearise" Iran, adding that "Gas prices [are] coming down, fast." He also highlighted what he described as his "highest poll numbers ever."

(Al Jazeera)

Jun 29, 2026 05:16 PM IST
Trump says talks to take place in Doha on Tuesday

US President Donald Trump said Iran has requested a meeting and confirmed that talks will take place in Doha on Tuesday. "Iran has requested a meeting. It will take place tomorrow in Doha!" Trump wrote on his Truth Social platform.

The announcement follows reports that US and Iranian technical teams are preparing to meet in Qatar to discuss implementation of the memorandum of understanding aimed at ending the conflict, with recent reports of Iran denying the talks this week.

Jun 29, 2026 05:13 PM IST
Egypt backs full Israeli withdrawal in talks with Lebanon

Egypt's Foreign Minister Badr Abdelatty spoke by phone with Nabih Berri to discuss the latest developments in Lebanon and regional efforts to de-escalate tensions.

According to Egypt's Foreign Ministry, Abdelatty reaffirmed Cairo's support for Lebanon's sovereignty, unity and territorial integrity, and stressed the importance of building on the US-sponsored framework agreement to secure a full Israeli withdrawal from Lebanese territory.

(With inputs from Al Jazeera)

Jun 29, 2026 04:21 PM IST
Hezbollah accuses Israel of repeated ceasefire violations

Hezbollah has accused the Israeli military of continuing to violate the ceasefire in southern Lebanon, saying it reserves the right to respond to the attacks.

In a statement, Hezbollah alleged that Israeli forces carried out air strikes on Nabatieh and Mayfadoun, drone attacks near Froun, demolished homes in Taybeh and Haddatha, targeted Majdal Zoun, threw stun grenades near civilians in Burj Qalawiyah and Barashit, and left suspicious objects in Upper Nabatieh and Kfar Tebnit.

The group said the incidents amount to a "clear violation" of the Israel-Lebanon ceasefire agreement and accused Israel of continuing military operations despite the truce.

(With inputs from Al Jazeera)

Jun 29, 2026 03:45 PM IST
Source says Iran-US technical teams to meet in Doha in coming days: Report

Technical teams from Iran and the United States are expected to meet in Doha in the coming days to discuss implementation of the memorandum of understanding, a source familiar with the negotiations told Al Jazeera.

“Technical teams working on the implementation of the MoU are scheduled to meet in Doha in the coming days. Communication channels created to de-escalate any incidents are in place and technical talks are set to continue,” the source told Al Jazeera on the condition of anonymity.

Jun 29, 2026 03:43 PM IST
Oil prices climb as US-Iran strikes cloud Strait of Hormuz reopening

Brent crude rose about 0.9% on Monday after weekend exchanges of strikes between the United States and Iran renewed concerns over the security of shipping through the Strait of Hormuz, despite a fragile ceasefire.

Brent futures for August delivery traded at $73.21 a barrel, with analysts saying markets had moved too quickly in pricing out the conflict risk. Fresh attacks on commercial shipping and military exchanges have revived uncertainty over one of the world's busiest oil transit routes.

The gains came as reports suggested Washington and Tehran had agreed to halt further attacks and resume talks in Doha on Tuesday, although Iran has not confirmed the reported negotiations.

(With inputs from Al Jazeera)

Jun 29, 2026 03:32 PM IST
Iran says no technical talks with US scheduled this week: Report

Iran's Deputy Foreign Minister Kazem Gharibabadi said no technical working group meetings between Iran and the United States are scheduled for this week, reported Iran's semi-official Tasnim News Agency.

“Although consultations with Qatar – including on following up on the implementation of the other party’s commitments – are ongoing as usual the news from some media outlets that technical talks by the working groups will be held in Doha cannot be confirmed,” Al Jazeera reported citing Gharibabadi's statement on Telegram.

“The first round of technical talks within the framework of the designated working groups will be held when conditions are met, and after an agreement is reached on the date and location. Consultations in this regard are continuing through intermediary countries,” he added.

(Reuters/Al Jazeera)

Jun 29, 2026 03:23 PM IST
Qatar condemns Israeli ground incursion into Syria

Qatar has condemned Israel's ground incursion into southern Syria, describing the operation as a "flagrant violation" of Syrian sovereignty and international law.

In a statement, Qatar's Ministry of Foreign Affairs said the Israeli operation, which included artillery shelling in the governorates of Quneitra and Deraa, would only exacerbate regional tensions and undermine efforts to restore stability. It called on the international community to compel Israel to comply with international law.

The condemnation came after Israeli forces reportedly shelled the village of Abdeen Sunday, June 28 in western Deraa with artillery and helicopter gunships, forcing residents to flee.

(Al Jazeera)

Jun 29, 2026 03:21 PM IST
Saudi foreign minister to visit China amid renewed Gulf tensions

Saudi Foreign Minister Prince Faisal bin Farhan Al Saud will travel to China on a two-day official visit from Tuesday at the invitation of Chinese Foreign Minister Wang Yi, according to China's Foreign Ministry.

The visit comes after renewed exchanges of attacks between the United States and Iran over the Strait of Hormuz despite a recent memorandum of understanding and follow-up technical talks in Switzerland aimed at ending the conflict.

(Al Jazeera)

Jun 29, 2026 02:18 PM IST
Iran-US technical teams set for Doha talks on implementing MoU

Iranian and US technical teams are set to meet in Doha in the coming days to advance the implementation of the recently signed memorandum of understanding, news agency Reuters reported citing a source familiar with the negotiations.

The mediators have set up communications channels to de-escalate incidents and support ongoing technical negotiations, the source reportedly added.

Jun 29, 2026 01:22 PM IST
Iran seeks release of $6 Billion of frozen assets held in Qatar

Iranian President Masoud Pezeshkian said $6 billion of Iran's $12 billion in frozen assets held in Qatar will be released after an agreement with the United States lifted oil and petrochemical sanctions, reported Iranian state ⁠media.

Tehran and Washington signed an ‌interim ​agreement ​earlier ​this month ​to prepare the ​ground for ⁠a settlement of their ‌conflict.

Jun 29, 2026 12:24 PM IST
Iran and Oman hold first meeting of joint committee of Strait of Hormuz, Gharibabadi says

Iran and Oman have conducted the first meeting of a ⁠joint ​committee on the Strait of ​Hormuz in Muscat, ​an ⁠Iranian deputy foreign minister ‌said on his X account on Monday.

Kazem Gharibabadi said they ⁠had ⁠exchanged views on ⁠Gulf coastal ‌states' ​sovereign rights ‌as well as on ‌the ​strait's future ​management ​based on the ​interim deal signed ⁠this month by Tehran and ‌Washington.

(With inputs from Reuters)

Jun 29, 2026 11:18 AM IST
Iran cyberattacks on Israel surged in 2026, Israeli cyber chief says

The number of Iranian cyberattacks against Israel has shot up since the launch of the US-Israeli offensive against Iran this year, a senior Israeli security official was quoted as saying on Monday.

Yossi Karadi, Director General of Israel's National Cyber Directorate, ⁠told ​German newspaper Die Welt that in June 2025 during Israeli military operations against Iran, Israel's authorities registered around 1,600 hostile cyber ​incidents.

During the ​same month in 2026, ⁠the number had jumped to some 4,800 incidents, he told the ‌paper.

"Some groups are very skilled," Karadi said, according to the German text of the interview. "We can handle them, but we have to take them seriously. Unlike in the kinetic realm, there's no ceasefire ⁠in cyberspace."

Jun 29, 2026 10:50 AM IST
No Iranian drones or missiles hit their intended targets, US official says

A US official said Sunday that Iran “failed” after all drones and missiles it launched were shot down, intercepted, or missed their targets, with no American injuries or damage to US locations.

The remarks follow claims by Iran’s Islamic Revolutionary Guard Corps that it targeted US military sites in neighboring Kuwait and Bahrain in response to American strikes on Iranian sites this weekend. The latest exchange has further tested the fragile ceasefire between Washington and Tehran.

Jun 29, 2026 09:59 AM IST
Iran draws red line on Hormuz after fresh round of strikes with US: Major developments

Strait of Hormuz red line: Four months into the US-Israel and Iran conflict, Tehran said only the Iranian administration is “in charge of resuming” shipping through the Strait of Hormuz.

Fresh US strikes ordered: US President Donald Trump directed American forces to launch new strikes in Iran over alleged ceasefire violations.

Peace deal at risk: The latest violence threatens the fragile interim peace agreement between the US and Iran.

Trump ultimatum: Trump issued a warning that Iran “will no longer exist” if attacks continue. Read more

Jun 29, 2026 09:11 AM IST
Iran foreign minister says regional states must not allow attacks from their territories

Iranian Foreign Minister Abbas Araghchi said Sunday that countries in the region must not allow “their territory or facilities,” to be used for attacks on Iran, according to the semi-official Tasnim news agency.

Tasnim reported that Araghchi made the remarks during a meeting in Baghdad with Iraqi Prime Minister Ali Faleh al-Zaidi, where he also discussed what Iran described as diplomatic efforts to end the “US-Israeli imposed war” against Iran.

Jun 29, 2026 08:54 AM IST
Oil climbs following renewed US, Iran strikes in Middle East

Oil prices rose on Monday following days of tit-for-tat strikes by the US and Iran that underscored the fragility of their interim peace deal and again slowed energy shipping through the Strait of Hormuz.

Brent crude futures climbed 58 cents, or ⁠0.8%, to $72.57 ​a barrel at 0207 GMT while US West Texas Intermediate crude was at $70.11 a barrel, up 88 cents, or 1.3%.

"There's still plenty of risk facing the oil market. Even so, participants appear to be ... focusing on what a continued recovery ​in ​oil flows would mean for the global balance," ⁠ING analysts said in a note on Monday.

Jun 29, 2026 08:36 AM IST
Where exactly things stand after a weekend of heightening tensions in the Middle East

5 key points

Strikes missed targets: Despite another wave of Iranian drone and missile fire at US military sites in the Middle East, a US official told CNN the attacks did not hit any intended targets.

Ceasefire under strain: The strikes are the latest in days of back-and-forth attacks, adding pressure to the already fragile ceasefire between Washington and Tehran.

Gulf allies hit: Bahrain and Kuwait said they were targeted, with a residential building in Bahrain’s Muharraq governorate heavily damaged. Qatar reported a citizen killed by shrapnel on a vessel from “military operations in the area.”

Iran’s position: FM Abbas Araghchi said regional countries must not let their territory be used for attacks on Iran. He added the US “bears direct responsibility” for stopping Israeli attacks on Lebanon.

Other developments: Israel approved more operations in southern Lebanon despite a US-brokered deal signed two days ago; Hezbollah was not party to it. US gas prices fell to $3.87/gallon, with oil dipping on ceasefire hopes, though the Strait of Hormuz remains tense.

Jun 29, 2026 08:26 AM IST
Iran issues ‘serious warning’ to Bahrain

Ali Akbar Velayati, an adviser to Iran’s supreme leader, warned Bahrain against provocation, saying Tehran would strike with greater force if pushed and cautioning Manama to “know their limits.” The remarks, reported by Tasnim News, follow Iranian strikes on a US Navy base in Bahrain on Friday and Saturday, which Tehran said were in retaliation for US attacks launched from regional bases.

While Gulf states deny allowing their territory to be used for strikes on Iran, Bahrain condemned the attacks as a violation of its sovereignty and a blow to regional stability. Bahrain, home to a large Shia population, has arrested dozens in recent months over alleged military ties to Tehran.

Jun 29, 2026 08:11 AM IST
US and Iran 'will stand down for now,' Trump administration official says

5 key points

  • Temporary stand-down: A Trump administration official said Sunday that the US and Iran “will stand down for now” after several days of fire exchanges near the Strait of Hormuz.
  • Shipping resumes: “Both sides will stand down for now and vessels can move freely,” the official confirmed.
  • Iran’s stance unclear: It’s not yet clear what Iran’s official position is on the stand-down.
  • Doha talks scheduled: The US and Iran agreed to meet Tuesday in Doha, Qatar for further discussions, per a second US official.
  • Fragile agreement tested: The weekend back-and-forth strained the US-Iran agreement. Trump threatened more military action if Iranian strikes continue, while Iran warned ceasefire violations would “result in the complete halt of all diplomatic processes.”
  • Jun 29, 2026 07:59 AM IST
    Araghchi proposes new regional security framework

    Here’s what Araghchi said:

  • Regional security partnership: Tehran is ready to partner with Persian Gulf states to build a new regional security architecture.
  • Take responsibility: Recent events show regional countries need to take responsibility for their own security.
  • Lessons from recent months: Regional powers should collectively shape future security arrangements, Araghchi said after meeting Iraqi National Security Adviser Qasim al-Aboudi.
  • Economic cooperation required: Any security framework should also include economic cooperation between states.
  • Exclude outside militaries: Military powers from outside the region should be excluded from the framework.
  • Jun 29, 2026 07:55 AM IST
    US, Iran to meet in Doha: What you need to know
  • The US and Iran agreed to halt attacks and will meet Tuesday in Doha, Qatar to resolve the Strait of Hormuz dispute, Axios reports.
  • FM Abbas Araghchi says responsibility for the Strait of Hormuz “lies solely with Tehran.”
  • Araghchi warned that any attempt to bypass Iran’s preferred route in the waterway will cause “tension and escalation.”
  • The talks follow Iranian strikes on US sites in Kuwait and Bahrain and US raids on Iranian facilities, all tied to recent ship attacks in the Strait.
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