Asia News - The Eastern Herald International

Vessels transiting the Strait of Hormuz near Bandar Abbas Iran after the US-Iran MoU signing June 2026

Hormuz Is Open. Only a Third of the Ships Are Using It.

Roughly 34 ships crossed the Strait of Hormuz on Tuesday against a pre-conflict baseline of around 100 daily transits. Brent crude has slipped to $71 as the war risk premium dissipates, but

July 2, 2026

Business·Markets·News

Saudi and French business leaders at Vision Golfe forum in Paris discussing bilateral trade and investment

France-Saudi Trade Tops $12bn as French Companies Triple Investment to $5bn

At the Vision Golfe forum in Paris, Saudi Arabia and France reported $12bn in bilateral trade for 2025, up 7.8 percent, as French private-sector investment in the kingdom tripled to $5.06bn over

July 2, 2026

Business·Economy·News

US military response to Iran strikes in Strait of Hormuz 2026

Two Ships Hit, Five Days of Strikes: How the US-Iran Ceasefire Nearly Collapsed Before Doha

An Iranian drone hit the Singapore-flagged M/V Ever Lovely on June 25, triggering the most dangerous five-day exchange of the ceasefire period. US aircraft struck Iranian sites twice, Iran hit US bases

July 2, 2026

Conflicts, Military and War·News

US Secretary of State Marco Rubio at GCC summit in Bahrain discussing Gulf states position on Iran deal

Gulf States Backed the Iran Deal to Avoid the Alternative, Not Because They Trust Tehran

The Gulf states backed the US-Iran ceasefire not out of trust for Tehran but as a calculation of survival. Their support is conditioned on outcomes the deal has not yet produced, and

July 2, 2026

Conflicts, Military and War·Government and Politics·News

A man and child near unexploded artillery shell from Israeli bombardment in Syria Daraa province near Golan Heights June 2026

Katz Declares IDF Will Stay in Lebanon, Syria and Gaza Indefinitely

Israel's Defense Minister Israel Katz declared that IDF forces will remain in Lebanon, Syria, and Gaza indefinitely, days after Lebanon signed a US-backed peace framework. His statement at a Jerusalem memorial confirms

July 2, 2026

Conflicts, Military and War·News

US military presence near the Strait of Hormuz as Trump reviewed all-out war options against Iran

Trump Reviewed War Plans Against Iran. He Chose Diplomacy to Save the Nuclear Deal.

The Wall Street Journal reported July 1 that Trump reviewed all-out war options against Iran and chose not to use them, prioritizing nuclear disarmament negotiations over "finishing the job." On the same

July 2, 2026

Conflicts, Military and War·Government and Politics·News

Lebanon-related Iran crisis scene as ceasefire clause deadlock persists in MoU negotiations

The Lebanon Clause Has Three Problems. Israel Won’t Leave. Berri Won’t Approve. Iran Won’t Sign Without It.

Lebanon parliament speaker Nabih Berri has vowed to block the US-brokered Israel-Lebanon framework. Israel has refused to withdraw from the south. Iran says Lebanon clause compliance is a condition for signing any

July 2, 2026

Conflicts, Military and War·News

Iranian Parliament Speaker Mohammad Bagher Ghalibaf who announced limits on IAEA access to Iran nuclear sites

Iran’s Parliament Has Legally Barred the IAEA From the Bombed Sites. That Is Not a Negotiating Position.

Iran's parliament speaker Mohammad Bagher Ghalibaf confirmed on July 2 that IAEA inspectors may only access two facilities — Bushehr and the Tehran reactor — not the bombed sites. That restriction is

July 2, 2026

Conflicts, Military and War·News

Oil tanker navigates shipping lanes near the Strait of Hormuz during the West Asia conflict that spiked crude prices affecting India's oil firms July 2026

West Asia Crisis Saddled India’s State Oil Firms With ₹74,781 Crore in Fuel Losses

India's oil marketing companies absorbed ₹74,781 crore in fuel losses during the West Asia crisis, minister Hardeep Puri disclosed Thursday. Meanwhile India set a crude import record with Russian oil crossing 50

July 2, 2026

Business·Economy·News

Tankers transiting the Strait of Hormuz near Bandar Abbas Iran as Iranian crude oil exports recover following US sanctions waiver

Iran Has Sold 40 Million Barrels at a 20% Premium Since the MoU. The Clock Runs Out August 21.

Iran exported 40-50 million barrels of crude oil in the first two weeks after the Islamabad MoU, at a 20% premium over blockade-era prices — between $400 million and $750 million in

July 2, 2026

Business·Economy·News

Asia- Page 61

Hormuz Is Open. Only a Third of the Ships Are Using It.

France-Saudi Trade Tops $12bn as French Companies Triple Investment to $5bn

Two Ships Hit, Five Days of Strikes: How the US-Iran Ceasefire Nearly Collapsed Before Doha

Gulf States Backed the Iran Deal to Avoid the Alternative, Not Because They Trust Tehran

Katz Declares IDF Will Stay in Lebanon, Syria and Gaza Indefinitely

Trump Reviewed War Plans Against Iran. He Chose Diplomacy to Save the Nuclear Deal.

The Lebanon Clause Has Three Problems. Israel Won’t Leave. Berri Won’t Approve. Iran Won’t Sign Without It.

Iran’s Parliament Has Legally Barred the IAEA From the Bombed Sites. That Is Not a Negotiating Position.

West Asia Crisis Saddled India’s State Oil Firms With ₹74,781 Crore in Fuel Losses

Iran Has Sold 40 Million Barrels at a 20% Premium Since the MoU. The Clock Runs Out August 21.

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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