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2026-06-24 Syria-Lebanon-Iran
President Trump Says 19M Barrels of Oil Travelled Through Hormuz As Iran Agrees to 'Infinite' Nuclear Inspections
[RedState] President Donald Trump lashed out at the mainstream media Tuesday while touting the "record" amount of oil flowing through the Strait of Hormuz following the signing of the Memorandum of Understanding (MOU) with Iran. He said almost 20 million barrels shipped out and oil prices are tumbling:

On Monday, the price of Brent crude, the key benchmark for oil, fell nearly three percent to about $78 a barrel.

The president also said Iran has agreed to nuclear inspections to "infinity":
Update from the Times of Israel at 10:10 a.m EDT:
Oman says it has coordinated with the International Maritime Organization (IMO) to provide a temporary maritime corridor for vessels seeking to transit the Strait of Hormuz, state news agency reports.

The vessels wanting to use the temporary corridor would need to coordinate with the IMO, based on coordinates announced by the organization and Omani authorities, it adds.

The measure is aimed at ensuring freedom of navigation through the strategic waterway in line with international law and the law of the sea, which uphold freedom of navigation without imposing transit fees.

Courtesy of badanov:
IMO evacuates more than 11,000 seafarers stranded in the Middle East
Direct Translation via Google Translate. Edited
[REGNUM.RU] The UN's International Maritime Organization (IMO) will begin evacuating more than 11,000 seafarers stranded in the Middle East. This was announced on June 23 by IMO Secretary-General Arsenio Dominguez in a statement on the organization's website.

"This large-scale operation will be carried out in close cooperation with Iran, Oman, other coastal states in the region, the United States, and the maritime industry. We have received the necessary security guarantees and have thoroughly verified the conditions for safe navigation to ensure these operations can be carried out," the statement added.

Dominguez noted that the IMO is committed to ensuring the safety of seafarers and the continuity of global trade. He also noted that the military conflict launched by the US and Israel against Iran has resulted in the deaths of 14 seafarers.

Earlier, Iranian Deputy Foreign Minister Kazem Gharibabadi stated that Iran and the United States had agreed to form four specialized working groups to address the conflict.

The parties also agreed to establish a special contact point between the states on the issue of shipping through the Strait of Hormuz and a conflict prevention unit in Lebanon with the participation of Pakistan and Qatar.

Earlier, Gharibabadi announced the successful completion of technical talks with the United States, mediated by Qatar and Pakistan, and the completion of preparations for the next stage of high-level talks.

On June 21, the first round of talks between the US and Iran, mediated by Qatar and Pakistan, concluded in Bürgenstock, Switzerland. The parties will continue discussions on all issues through the end of the week.

Before the talks began, the Iranian delegation declined a photo op and a handshake ceremony with US representatives. Later, Iranian Foreign Ministry spokesman Ismail Baghaei stated that progress had been made during the four-party meeting in Switzerland, and the technical groups would continue their work.
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Posted by Besoeker 2026-06-24 02:34|| E-Mail|| Front Page|| [1849 views ]  Top
 File under: Govt of Iran 

1 
When the war started, oil went from about $66.00 a barrel to $112 a barrel.
GAS Prices jumped $1 a gallon overnight, weeks before even the 1st drop of that oil reached the USA.

Now Now that Oil has dropped from around $112 a barrel to about $72.00 a barrel. So when will my gas prices drop back to near pre-war prices? Or will the Oil industry milk the profits for another 6 months
Posted by NN2N1 2026-06-24 03:43||   2026-06-24 03:43|| Front Page Top

2 Hope for the former, bet on the latter.
Posted by Whiskey Mike 2026-06-24 04:05||   2026-06-24 04:05|| Front Page Top

3 Currently mainly Iranian & Chinese vessels moving according to the trackers
Posted by Dopey Photch2701 2026-06-24 05:23||   2026-06-24 05:23|| Front Page Top

4 According Vessel-Finder
Oil Tankers are moving thru the strait.

So are a number of Military ships.

Note: Use the sites ship type filter ability to see what going thru.
Posted by NN2N1 2026-06-24 07:18||   2026-06-24 07:18|| Front Page Top

5 Trump alleges gas price gouging, calls for DOJ investigation
Posted by Skidmark 2026-06-24 12:54||   2026-06-24 12:54|| Front Page Top

6 Israel Times:

Brent crude drops below $75 a barrel for first time since February 28

The price of Brent crude oil, the international benchmark, extends losses to trade under $75 a barrel for the first time since the start of the US-Israel war with Iran on February 28.

Brent slides 3.1 percent to $74.73, extending its fall since the United States and Iran last week struck a deal to end the conflict.
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Posted by trailing wife 2026-06-24 13:11||   2026-06-24 13:11|| Front Page Top

7 When weapons inspectors were in the country, I recall it was timely access and surprise access to sites that was the major contention.

Weapons Inspectors on the ground is not too much of a big deal when you can thwart delay access to said sites.
Posted by mossomo 2026-06-24 13:15||   2026-06-24 13:15|| Front Page Top

8 An interesting article regarding gas stations and who actually owns them:

https://legalclarity.org/who-actually-owns-gas-stations-in-the-us/
Posted by Chantry 2026-06-24 17:40||   2026-06-24 17:40|| Front Page Top

9 The flow through the strait isn't back up to pre Feb 26 levels and won't be for at least a few weeks.

Vessels that were held in the Persian Gulf were, in many cases, heavily burdened by barnacle infestation and will need some treatment. Also, the number of vessels entering the gulf is down from the pre Feb26 levels. This is partly because oil production requires time to ramp back up.
Posted by Lord Garth 2026-06-24 19:42||   2026-06-24 19:42|| Front Page Top

10 https://legalclarity.org/who-actually-owns-gas-stations-in-the-us/
Posted by Skidmark 2026-06-24 19:47||   2026-06-24 19:47|| Front Page Top

19:25 Silentbrick
19:08 Frank G
18:42 NoMoreBS
18:28 Mercutio
18:10 Chantry
17:38 Seeking Cure For Ignorance
17:24 Seeking Cure For Ignorance
17:12 Seeking Cure For Ignorance
16:49 trailing wife
16:45 trailing wife
16:25 trailing wife
16:24 trailing wife
16:21 Gloluter Phavick7614
16:18 Gloluter Phavick7614
14:46 NN2N1
14:13 Rambler
14:09 trailing wife
13:26 Mercutio
12:59 Skidmark
12:39 Skidmark
12:34 mossomo
12:30 mossomo
12:15 MikeKozlowski
11:56 Procopius2k
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