Two US senior officials told the Wall Street Journal that Iran’s Islamic Revolutionary Guard Corps attacked a Singapore-flagged freighter in the Strait of Hormuz on Thursday, an incident that tests last week’s US-Iran agreement to end hostilities and reopen the vital shipping lane. The UK Maritime Trade Operations said the vessel’s wheelhouse was damaged but there were no injuries; the strike occurred near Oman’s coast. Iranian paramilitary naval forces had warned hours earlier that ships must n

2026-06-26

Two US senior officials told the Wall Street Journal that Iran’s Islamic Revolutionary Guard Corps attacked a Singapore-flagged freighter in the Strait of Hormuz on Thursday, an incident that tests last week’s US-Iran agreement to end hostilities and reopen the vital shipping lane. The UK Maritime Trade Operations said the vessel’s wheelhouse was damaged but there were no injuries; the strike occurred near Oman’s coast. Iranian paramilitary naval forces had warned hours earlier that ships must not use unapproved routes.

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Kumar, a member of the Reserve Bank of India’s rate-setting panel, said if global oil stays near $70/bbl, India’s growth this year could exceed 7%, above the RBI’s current forecast. He said easing Middle East tensions and progress in US–Iran talks have reduced Strait of Hormuz supply concerns and the inflation and growth risks they posed, and could prompt the RBI to revise its projection within a single policy meeting. This contrasts with about three weeks ago when the RBI cut its annual growth

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