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Iranian foreign minister Araghchi said Lebanon is included in the memorandum of understanding signed with Washington.
2026-06-16
Iranian foreign minister Araghchi said Lebanon is included in the memorandum of understanding signed with Washington.
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2026-06-16
If a temporary US‑Iran agreement ends months of fighting and restores full passage through the Strait of Hormuz, Gulf states may pursue a rapid rebound in grain imports after months of relying on longer, less efficient routes. The Gulf is highly impo
If a temporary US‑Iran agreement ends months of fighting and restores full passage through the Strait of Hormuz, Gulf states may pursue a rapid rebound in grain imports after months of relying on longer, less efficient routes. The Gulf is highly import‑dependent, with roughly 90% of food consumption sourced overseas. Iran is among the world’s largest soybean‑meal buyers and a significant importer of Brazilian corn. Key import hubs — Jebel Ali (UAE), Dammam (Saudi Arabia) and Imam Khomeini (Iran) — lie within the strait. Kpler chief dry‑bulk analyst Alexis Ellender said grain shipments need specialized handling and traffic will ultimately return to Gulf ports; current transits are about three dry‑bulk vessels per day versus a normal level above 20. Kpler data show regional grain imports fell to 942,000 tons in May, down more than 50% year‑on‑year.
2026-06-16
Senate Minority Leader Chuck Schumer: It's been almost 24 hours since Trump announced the memorandum of understanding with Iran, but we still have no details. Trump must immediately brief Congress and the American people and explain the details of t
Senate Minority Leader Chuck Schumer: It's been almost 24 hours since Trump announced the memorandum of understanding with Iran, but we still have no details. Trump must immediately brief Congress and the American people and explain the details of this agreement to end this war once and for all.
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