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A tanker unloads imported crude oil at a terminal port in Qingdao, in China's Shandong Province, on June 25.
A tanker unloads imported crude oil at a terminal port in Qingdao, in China's Shandong Province, on June 25.

live Oil Prices Fall To Prewar Levels For First Time

As the US-Israeli war with Iran continues to impact and shape the region, journalists from RFE/RL's Central Newsroom and Iranian service, Radio Farda, deliver ongoing updates and analysis.

Key Takeaways

  • US Secretary of State Marco Rubio wrapped up a three-day swing through the Persian Gulf on June 25 with messages aimed at reassuring Washington's allies in the region.
  • The price of Brent crude, the global benchmark oil, has fallen to below the level it was at before the Iran war.
  • Iran's top negotiator has dismissed claims that Tehran will use its unfrozen assets to buy US agricultural products.
  • The US Senate voted 50-47, with one abstention, to block a war powers resolution approved a day earlier that limited Trump's handling of the war in Iran.
  • A cargo vessel was struck by an “unknown projectile” off Oman on June 25, according to a shipping security monitor.
13:06 21.6.2026

Over 4,000 Cases Opened In Isfahan Over January Protests

A senior judiciary official in Iran's central Isfahan Province said 4,044 cases were opened over anti-government protests in January, Iranian media reported on June 21, underscoring the scale of legal proceedings following the unrest.

Abbas Jafari Dolatabadi, the head of the judiciary of the province said 2,899 indictments were issued and 1,975 cases had reached final rulings.

He added that around 890 cases were registered in the provincial capital, Isfahan city alone, with trials continuing across multiple judicial levels.

Protesters in Shahin Shahr, Isfahan Province chant against the Iranian government on January 8.
Protesters in Shahin Shahr, Isfahan Province chant against the Iranian government on January 8.

The rulings include acquittals, fines, and prison sentences up to 30 years. Courts also issued death sentences to those found guilty of "waging war against God," a security-related charge used in Iran for the most serious allegations arising from unrest.

Some verdicts remain under review by the Supreme Court.

Iranian media reported that the figures reflect the extensive judicial follow-up to the January protests, which marked one of several episodes of unrest that Iranian authorities have described as security disturbances.

The January protests formed part of a broader pattern of periodic unrest in Iran, with demonstrations erupting over political and socio-economic grievances and spreading across multiple provinces.

The authorities have since pursued large-scale legal proceedings against those accused of involvement in violence or property damage.

Human rights groups have repeatedly criticized Iran's handling of protest-related prosecutions, raising concerns over due process and the use of broad security charges.

Thousands of people were killed by security forces during the government's violent crackdown on protesters across the country. Some human rights groups estimate the number to be in the tens of thousands.

12:10 21.6.2026

IAEA's Grossi Hails 'Critical Moment' For US-Iran Talks

Rafael Gross, the director-general of the UN's International Atomic Energy Agency (IAEA) is in Burgenstock, Switzerland, the luxury mountain resort where the US-Iran talks are being held.

Grossi shared a post on X where he hailed the talks as a "critical moment," saying, "It's important to give diplomacy every opportunity to succeed."

The IAEA head posed with Ignazio Cassis, vice president of the Swiss Federal Council.

"Thanks to Switzerland for its longstanding support of the Agency and its commitment to multilateral diplomacy," Grossi added.



11:42 21.6.2026

US, Iran Delegations To Meet In Afternoon With Mediators Present

Members of the Iranian and US delegations will meet this afternoon in the presence of mediators, the official Islamic Republic News Agency, IRNA, reported on June 21, quoting a spokesman for the Iranian Foreign Ministry.

"Today we have two meetings in the morning and afternoon. We are going to have a one-day meeting. In the morning, bilateral meetings will be held with Pakistani and Qatari delegations as mediators, and in the afternoon, quadrilateral meetings will be held between Iranian and American delegations, with the presence of representatives from Qatar and Pakistan," said ministry spokesman Esmail Baqaei.

Baqaei said the main agenda for today's talks will be the conflict in Lebanon. It was previously announced that this issue had been added to the agenda.

"The start of negotiations for a final agreement is conditional on five specific clauses, including clause one of the memorandum of understanding, which oversees the cessation of war on all fronts, including Lebanon," Baqaei emphasized. "We know that this clause has not been implemented and that America has been unable or unwilling to do so. The Zionist regime continues to violate its commitment."

11:27 21.6.2026

Iran Claims Foreign Currency Reserves Rose By $4.5 Billion

Iran’s central bank governor, Abdolnasser Hemmati, said the country has added about $4.5 billion to its foreign exchange reserves since the start of the war, Iranian media reported on June 21.

He said the increase was intended to support essential imports and stabilize financial operations amid heightened regional tensions.

Hemmati said the combination of war and sanctions had posed serious challenges to the economy, adding that people's livelihoods had been hit hard by the impact of sanctions across multiple economic sectors.

Iran has been under sustained economic pressure, including from sanctions, conflict-related disruptions and longstanding structural challenges.

10:28 21.6.2026

Delegations Gather For US-Iran Summit Amid Fragile Regional Truce


LUCERNE, Switzerland -- Delegations from the United States, Iran, Qatar and Pakistan began gathering on June 21 at the Lake Lucerne Summit, launching what could become the most consequential diplomatic effort yet to stabilize the Middle East after weeks of war.

The formal talks, centered on implementing the US-Iran memorandum of understanding that established a 60-day cease-fire, are set to begin within hours, according to RFE/RL reporting from the summit venue.

But officials on all sides acknowledge the process could stretch into the next day, underscoring the complexity of the agenda and the fragility of the truce itself.

To read the full report, click here.

09:57 21.6.2026

White House Defends Iran Team's Travel Restrictions At World Cup

Iran's national soccer team pose for a photo before boarding a plane for the United States at Tijuana airport, Mexico, on June 14.
Iran's national soccer team pose for a photo before boarding a plane for the United States at Tijuana airport, Mexico, on June 14.

Andrew Giuliani, executive director of the White House World Cup Task Force, defended the travel restrictions placed on the Iranian national soccer team for the 2026 World Cup, saying the arrangements were still under review but no changes had been made to the plans at this time.

The Iranian team is reportedly unhappy that they are only allowed to enter the host city 24 hours ahead of the tournament and must return to their base in Tijuana, Mexico, immediately after each match. Iranian coach Amir Qalehnoui had previously described his team as "the most oppressed team of the World Cup."

Giuliani said that after Iran's June 21 match against Belgium in Los Angeles, the team would return to Tijuana on a 27-minute flight, after which American officials would discuss arrangements for Iran's third match against Egypt in Seattle.

He also confirmed that all of Iran's players and coaching staff had received visas, but some team officials had not been issued visas. Giuliani cited the existence of "negative information" about some of these individuals as the reason for the decision, saying the US goal was to protect the security of its citizens and international visitors to the World Cup.

The US official added that no credible threats to the tournament have been identified so far, but US intelligence agencies are continuously monitoring the security situation at the World Cup.

09:23 21.6.2026

Analysis: US-Iran Talks Revived As Vance Arrives In Switzerland For High-Stakes Push

BURGENSTOCK, Switzerland -- After briefly appearing to falter, US-Iran implementation talks are back on track, with senior American and Iranian delegations converging on Switzerland for what could prove a decisive phase in turning a fragile wartime memorandum into a broader political settlement.

The renewed diplomatic push followed urgent intervention by Swiss and Qatari officials after uncertainty over Iran’s participation briefly disrupted the schedule.

Swiss Federal Councilor Ignazio Cassis held consultations with Qatari Prime Minister Muhammad bin Abdulrahman bin Jassim al-Thani at Burgenstock, while RFE/RL learned that Pakistani intermediaries and senior aides from both Washington and Tehran were also drawn into efforts to salvage the process.

By June 20, technical experts had resumed preparatory meetings at the Swiss resort, and Bern publicly confirmed the talks remained active.

To read the full report, click here.

22:38 20.6.2026

Vance Arrives In Switzerland Following Delay

US Vice President JD Vance has arrived in Switzerland for talks with Iranian officials, the VP's spokesperson said in the early hours of June 21.

In comments to reporters before he left, Vance said: “I can only be there for a day or two."

US Vice President Vance en route to Switzerland on June 20.
US Vice President Vance en route to Switzerland on June 20.

"I think we're going to hopefully make progress on the nuclear issue, make progress on the Lebanon cease-fire issue. Those are the two big things that I think we're to be focused on. I'm sure the Iranians are going to have issues they'd like to discuss as well,” Vance said.

Vance is expected to join US envoy Stephen Witkoff and Jared Kushner -- President Donald Trump's son-in-law -- for direct talks with Iranian officials, including Foreign Minister Abbas Araqchi in the Swiss resort town of Burgenstock.

He was originally due to depart a day earlier but his trip was delayed, reportedly after Iran postponed the Swiss talks due to Israel's continued attacks in Lebanon.

22:19 20.6.2026

Pakistan Says Sharif, Munir To Join Talks In Switzerland

Pakistani ⁠Prime ⁠Minister Shehbaz ‌Sharif and powerful army chief ⁠Field Marshal Syed Asim Munir will participate ⁠in the technical-level ‌talks being held in Burgenstock, Switzerland, between the US and Iran, Sharif's office said on June 20.

Pakistan's Foreign Ministry earlier said US and Iranian representatives ‌would ⁠participate in ‌the meeting starting on June 21, along with mediators from Pakistan and Qatar.

An electronic board featuring Pakistani Prime Minister Shehbaz Sharif (left) and Field Marshal Syed Asim Munir is displayed during earlier talks in Islamabad.
An electronic board featuring Pakistani Prime Minister Shehbaz Sharif (left) and Field Marshal Syed Asim Munir is displayed during earlier talks in Islamabad.

US officials said President Donald Trump's envoy, Steve Witkoff, will participate in the talks, along with the president's son-in-law, Jared Kushner. Vice President JD Vance could also join the talks.

Iran has said that its foreign minister, Abbas Araqchi, will lead Tehran's delegation.

22:07 20.6.2026

Trump Insists No Tolls For Hormuz Passage -- Unless Imposed By The US

US President Donald Trump said there will be no tolls charged for transit through the key Strait of Hormuz during or after the cease-fire being negotiated by Washington and Tehran -- unless the tolls "are imposed by and for the United States of America."

"There will be NO TOLLS in the Hormuz Strait for 60 days during the Cease Fire Period, and there will be NO TOLLS after the 60 day period has expired, unless they are imposed by and for the United States of America, should the deal not be completed," Trump wrote on Truth Social on June 20.

He added that any US fees would be "for services rendered as the Guardian Angel to the countries of the Middle East for purposes of both past, present, and future reimbursement of costs."

The comments come a day before US and Iranian negotiators are expected to meet for talks in Switzerland as the 60-period set out in a framework signed by Trump and the Iranian president earlier in the week begins.

Tehran for months insisted it had a right to charge a toll for ships crossing the strait -- through which some 20 percent of the world's oil and gas supplies flowed before the war was launched on February 28.

Iran's toll plan received near universal condemnation from other nations, who said the strait was an international waterway and did not belong to Iran.

More recently, Tehran has avoided using the word "toll" and said it would charge fees for services rendered in removing mines or guiding ships through the waterway.

It has reportedly imposed a mandatory insurance requirement on all vessels transiting the strait in what maritime industry observers said was the possible first step toward a broader regime of fees and regulatory controls over shipping through the waterway.

Trump's post on Truth Social came as the key waterway once again was in the spotlight following conflicting reports from US Central Command and Iranian military officials regarding shipping traffic, with Tehran claiming it was closing the route due in response to continued Israeli attacks on Lebanon.

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