Israel and Iran halt strikes as US-Iran exchanges enter second day
Israel and Iran halted missile exchanges while US-Iran strikes continued for a second day; Brent fell $8.42 on the week to $86.71 as financial channels to Tehran quietly opened.
— Iveris Research Desk
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US and Iran trade strikes for second day; Gulf states hit
12 June·kinetic
The US and Iran exchanged strikes across the Middle East for a second consecutive day on 12 June, after President Trump accused Iran of shooting down a US Apache helicopter over the Strait of Hormuz and vowed to respond. Iran said it responded to the US strikes by targeting American assets in Kuwait, Jordan and Bahrain; Bahrain reported damage in its capital overnight.
SourcesBBC — Middle East · Bloomberg — Middle East · Reuters — Middle East (via Google News)
02
Israel and Iran say they have halted strikes on each other
12 June·diplomatic
Iran fired missiles at Israel this week as President Trump defended the ceasefire, but both countries subsequently said they have halted strikes on each other for now. Brent crude held near $86.71 on 12 June and gold steadied at $4,240/oz following the announcement.
SourcesBloomberg — Middle East · BBC — Middle East
03
UAE to unlock billions of dollars for Iran, Reuters reports
12 June·economic
The UAE plans to unlock billions of dollars in funds for Iran, sources said in a Reuters exclusive published on 12 June.
SourcesReuters — Middle East (via Google News)
04
US asks to drop Iran sanctions case against Turkey's Halkbank
12 June·economic
The US asked on 12 June to drop its Iran sanctions case against Turkey's Halkbank. The prosecution centred on the bank's alleged role in helping Iran evade US sanctions.
SourcesBloomberg — Middle East · Reuters — Middle East (via Google News)
05
Iran's oil production slumped 19% last month, OPEC data show
12 June·economic
Iran's oil production fell 19% last month, according to OPEC data published on 12 June.
Oil-tanker traffic through the Suez Canal has increased as the Strait of Hormuz shutdown reroutes crude flows, Bloomberg reported on 12 June.
SourcesBloomberg — Middle East
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