No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, June 20, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Markets

Iran reportedly closes Strait of Hormuz again, raising doubt over talks

by TheAdviserMagazine
43 minutes ago
in Markets
Reading Time: 3 mins read
A A
Iran reportedly closes Strait of Hormuz again, raising doubt over talks
Share on FacebookShare on TwitterShare on LInkedIn


Iran declared the Strait of Hormuz closed again on Saturday and warned vessels to stay away from the critical shipping route, but the U.S. denied those claims, stating the waterway remained open.

Tensions between the two countries escalated just days after Tehran and Washington reached an interim agreement to end hostilities in the region.

The announcement by Iran’s military and the country’s Islamic Revolutionary Guard Corps came as Iranian negotiators prepared to travel to Switzerland for technical-level talks with U.S. officials scheduled to begin Sunday.

Iran’s joint military command said the closure of the strait was in response to continued Israeli military operations in Lebanon and what it described as U.S. “bad faith” and a failure to uphold commitments under the truce framework, AP reported. Iranian state television said “subsequent steps have been planned” if what it called aggression continues, according to multiple outlets.

Earlier Saturday, Israeli strikes in southern Lebanon killed at least 16 people, including two children, AP reported, citing Lebanese authorities. Lebanon’s state-run National News Agency said seven people remained trapped beneath rubble in Nabatiyeh and nearby villages following the attacks, according to AP.

The U.S. military said the Strait of Hormuz had not been closed, however, and said that ⁠U.S. forces ‌were monitoring the ⁠situation to ensure that it remained open, Reuters reported.

“Iran does not control the Strait ‌of Hormuz,” U.S. Central Command spokesperson Navy Captain ​Tim Hawkins told Reuters. “Traffic continues to flow, and U.S. forces ⁠are monitoring the situation to ensure ‌this remains the ‌case.”

President Donald Trump also indicated the administration considered the strait as open for traffic. He suggested the U.S. could begin charging ships to transit the Strait if the parties fail to convert the interim agreement into a final deal within 60 days.

“There will be NO TOLLS in the  Hormuz Strait for 60 days during the Cease Fire Period, and there will be NO TOLLS after the 60 day period has expired, unless they are imposed by and for the United States of America, should the deal not be completed,” he said in a Truth Social post late Saturday, claiming the charge would be for “services rendered.”

Iran’s attempt to shut down the strait again raises the stakes ahead of the talks in Switzerland, which are intended to advance the interim agreement reached Wednesday between Trump and Iranian President Masoud Pezeshkian after nearly four months of war.

The signed memorandum of understanding had called for the immediate end to military actions by Israel in Lebanon and the full reopening of the strait without tolls imposed by Iran for at least 60 days.

Vance, Iranian delegation head to Switzerland

U.S. Vice President JD Vance on Saturday left Washington to travel to Switzerland for further negotiations with Iran, the White House reported.

The vice president told reporters before boarding his flight that he hoped to “make progress on the nuclear ⁠issue” and “the Lebanon ceasefire issue.”

“Despite the headlines, things are actually ‌getting better there (in Lebanon), and things are slowing ​down a little bit,” he said. “It’s ⁠going to be something we’re just ‌going to have ‌to continuously manage to ensure that you know Israel and ⁠Lebanon are both safe and secure.”

Earlier, the Swiss Federal Department of Foreign Affairs announced in a post on X that the Iranian delegation had arrived in the country.

Vance struck an optimistic tone earlier in the day, saying talks were advancing despite Iran’s latest threat to shut the strait.

Speaking on Fox News, he said Jared Kushner, Trump’s son-in-law, and special envoy Steve Witkoff in Switzerland were working through the agreement’s technical details. He added that discussions were “going well.”

Vance noted that tanker traffic had rebounded sharply following the ceasefire agreement.

“We actually got 16 million barrels of oil out of the Strait of Hormuz yesterday,” Vance said. “That is a record going back to even before the conflict started.”

He also said negotiators were focused on securing Iran’s enriched uranium stockpile to make it “effectively impossible” for Tehran to rebuild its nuclear program, while emphasizing that the United States retained significant economic leverage if Iran failed to comply with the agreement.

— Reuters and the Associated Press contributed to this report



Source link

Tags: closesDoubtHormuzIranRaisingreportedlyStraittalks
ShareTweetShare
Previous Post

Rate cuts? Even the Fed’s new chair admits companies are easily raising capital on financial markets

Related Posts

edit post
Ford Leads Among Carmaker Recalls So Far in 2026. Here’s Why

Ford Leads Among Carmaker Recalls So Far in 2026. Here’s Why

by TheAdviserMagazine
June 20, 2026
0

Ford has recalled cars more often than any other automaker by far so far this year, according to data compiled...

edit post
Principal Financial Group (PFG) Has a Retirement-and-Spread Income Engine Bigger Than a Plain Insurer Label

Principal Financial Group (PFG) Has a Retirement-and-Spread Income Engine Bigger Than a Plain Insurer Label

by TheAdviserMagazine
June 19, 2026
0

Principal Financial Group (PFG) is often grouped with life insurers, but that label misses what makes the earnings model more...

edit post
Henry Schein (HSIC) Has a Dental-and-Practice-Workflow Platform Bigger Than a Low-Margin Distributor Label

Henry Schein (HSIC) Has a Dental-and-Practice-Workflow Platform Bigger Than a Low-Margin Distributor Label

by TheAdviserMagazine
June 19, 2026
0

Henry Schein (HSIC) is often treated like a plain distributor, which naturally pushes investors toward a low-margin, low-multiple view of...

edit post
Copart (CPRT) Has a Salvage-Auction Network and Insurer Workflow Moat Bigger Than a Used-Car Cycle Trade

Copart (CPRT) Has a Salvage-Auction Network and Insurer Workflow Moat Bigger Than a Used-Car Cycle Trade

by TheAdviserMagazine
June 19, 2026
0

Copart (CPRT) is easy to misread as a simple bet on wrecked-car volumes, used-vehicle prices, or accident frequency. That framing...

edit post
8 Things You Should Not Store in the Pantry

8 Things You Should Not Store in the Pantry

by TheAdviserMagazine
June 19, 2026
0

Experiencing sticker shock at the grocery store? You’re not imagining it. Inflation has been creeping back up lately. And though...

edit post
15 of the Best Early Prime Day Deals to Shop Right Now

15 of the Best Early Prime Day Deals to Shop Right Now

by TheAdviserMagazine
June 19, 2026
0

Amazon Prime members can score big during the retailer’s annual Prime Day sale. This year, it will run from June...

  • Trending
  • Comments
  • Latest
edit post
5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

June 18, 2026
edit post
Florida Roads Become a Battleground for Illegal Immigration

Florida Roads Become a Battleground for Illegal Immigration

June 9, 2026
edit post
Louisiana’s Age-Tiered Homestead Exemption: 8 Details About the Proposed 2028 Amendment

Louisiana’s Age-Tiered Homestead Exemption: 8 Details About the Proposed 2028 Amendment

June 15, 2026
edit post
The 8 States That Still Tax Social Security in 2026

The 8 States That Still Tax Social Security in 2026

June 6, 2026
edit post
New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

June 20, 2026
edit post
It’s Time To Talk About Massie

It’s Time To Talk About Massie

May 23, 2026
edit post
Iran reportedly closes Strait of Hormuz again, raising doubt over talks

Iran reportedly closes Strait of Hormuz again, raising doubt over talks

0
edit post
Dalal Street Week Ahead: Lower volatility signals calm, but resistance looms large

Dalal Street Week Ahead: Lower volatility signals calm, but resistance looms large

0
edit post
Rate cuts? Even the Fed’s new chair admits companies are easily raising capital on financial markets

Rate cuts? Even the Fed’s new chair admits companies are easily raising capital on financial markets

0
edit post
POS Data Management Solutions: A Strategic Guide for 2026

POS Data Management Solutions: A Strategic Guide for 2026

0
edit post
Market Talk – June 18, 2026

Market Talk – June 18, 2026

0
edit post
Why a resilient jobs market keeps turning into a Bitcoin sell signal

Why a resilient jobs market keeps turning into a Bitcoin sell signal

0
edit post
Iran reportedly closes Strait of Hormuz again, raising doubt over talks

Iran reportedly closes Strait of Hormuz again, raising doubt over talks

June 20, 2026
edit post
Rate cuts? Even the Fed’s new chair admits companies are easily raising capital on financial markets

Rate cuts? Even the Fed’s new chair admits companies are easily raising capital on financial markets

June 20, 2026
edit post
What Yale Researchers Found About Positive Aging Beliefs—and Why It Matters After 60

What Yale Researchers Found About Positive Aging Beliefs—and Why It Matters After 60

June 20, 2026
edit post
Why a resilient jobs market keeps turning into a Bitcoin sell signal

Why a resilient jobs market keeps turning into a Bitcoin sell signal

June 20, 2026
edit post
The Median American Paycheck: ,235 a Week Becomes 0 After Taxes and Deductions

The Median American Paycheck: $1,235 a Week Becomes $850 After Taxes and Deductions

June 20, 2026
edit post
I let my phone die for one entire weekend without telling anyone — and the strange thing wasn’t who didn’t notice, it was realizing how many of my closest relationships had been running on something closer to maintenance than to actual presence

I let my phone die for one entire weekend without telling anyone — and the strange thing wasn’t who didn’t notice, it was realizing how many of my closest relationships had been running on something closer to maintenance than to actual presence

June 20, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Iran reportedly closes Strait of Hormuz again, raising doubt over talks
  • Rate cuts? Even the Fed’s new chair admits companies are easily raising capital on financial markets
  • What Yale Researchers Found About Positive Aging Beliefs—and Why It Matters After 60
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.