Brent crude extends decline past 5% after Iran state TV says potential US deal could reopen Hormuz shipping.

Iran pledges to restore Hormuz Strait commercial transit to pre-war levels in one month, state TV reports.

Iran's state TV says that in return, Iran has committed to restoring the number of commercial transit ships through the Strait of Hormuz to pre-war levels within one month.

Russia's crude exports near 2026 highs as Kremlin cashes in on Iran war-driven oil price surge, Bloomberg reports.

Russia's crude exports are near the highest levels seen this year, as the Kremlin profits from soaring oil prices triggered by the Iran war.

Britain's energy bills to jump 13% on Iran war impact

According to Reuters, energy bills in Britain are set to rise 13% due to the impact of the Iran war.

Iran ends internet shutdown, sparking relief among citizens — 'Like a prisoner being released,' one said.

Iranians expressed relief as the government ended a nationwide internet shutdown, with one individual describing it as 'like a prisoner being released.'