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Stephen C. Innes

American historian

  • Jun 18

    US and Iran sign interim peace deal, reopening Strait of Hormuz as oil prices tumble

    The US and Iran have signed an interim peace agreement to end their three-month war, reopening the Strait of Hormuz and waiving oil sanctions. Oil prices tumbled as markets priced in the return of Iranian crude, though Donald Trump threatened to resume bombing if commitments are not met.

Today’s Brief

Hormuz tolls and Spanish ashes

Trump escalates in Hormuz as Europe hardens defences and heat exposes brittle systems

The Gulf moved from danger to outright economic coercion, with American strikes, Iranian retaliation claims and a proposed fee on the world's most sensitive oil lane. Europe, meanwhile, answered insecurity with missile plans, cyber protests and more rules for technology at home.

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World · Updated 3m ago

The war in Ukraine and its limits

The tick reports on the continuation of established patterns of Ukrainian deep strikes and Russian missile attacks, with a new but limited transfer of Patriot missiles from Poland.

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