{"id":910986,"date":"2026-06-07T10:12:22","date_gmt":"2026-06-07T15:12:22","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/06\/07\/us-iran-news-live-opec-to-meet-consider-amping-oil-production-as-peace-talks-stall-amid-fresh-tit-for-tat-strikes\/"},"modified":"2026-06-07T10:12:22","modified_gmt":"2026-06-07T15:12:22","slug":"us-iran-news-live-opec-to-meet-consider-amping-oil-production-as-peace-talks-stall-amid-fresh-tit-for-tat-strikes","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/06\/07\/us-iran-news-live-opec-to-meet-consider-amping-oil-production-as-peace-talks-stall-amid-fresh-tit-for-tat-strikes\/","title":{"rendered":"US-Iran News LIVE: OPEC to meet, consider amping oil production as peace talks stall amid fresh tit-for-tat strikes"},"content":{"rendered":"
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US-Iran News LIVE: The US military said late Saturday it shot down two Iranian attack drones threatening Strait of Hormuz shipping traffic, the latest clash between the warring forces as tensions escalate anew in West Asia.<\/p>\n

“Earlier today, US forces in the Middle East shot down two Iranian one-way attack drones that threatened international maritime traffic in the Strait of Hormuz,” US Central Command said on its X account.<\/p>\n

“American forces remain postured and ready to continue defending against Iranian aggression.”<\/p>\n

CENTCOM said late Friday its forces shot down four Iranian attack drones launched toward the strait, then struck Iranian coastal surveillance radar sites.<\/p>\n

The tit-for-tat strikes, including a salvo of Iranian missiles fired Saturday at US allies Bahrain and Kuwait, come despite Washington and Tehran being engaged in weeks of indirect talks on how to end the war.<\/p>\n

Meanwhile, OPEC ministers are set to meet on Sunday to weigh higher production quotas in a bid to cap oil prices that have surged since the war effectively choked off Gulf crude shipments.<\/p>\n

But even if the cartel members vow to ramp up output by thousands of barrels per day, analysts say geopolitical realities mean they probably won’t move the needle on prices.<\/p>\n

With the crucial Strait of Hormuz shut since US and Israeli attacks on Iran in late February, oil prices have nearly doubled, igniting inflation pressures worldwide.<\/p>\n<\/div>\n

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7 Jun 2026, 08:02:04 PM IST<\/p>\n

US-Iran News LIVE: Israel attacks Beirut’s southern suburbs days after ceasefire agreement<\/h2>\n
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Israel struck the southern Beirut suburbs on Sunday, just days after a ceasefire agreement in Washington went into effect.<\/p>\n

A statement from Israeli Prime Minister Benjamin Netanyahu’s office said the strikes were in retaliation for the Hezbollah militant group firing toward northern Israel earlier, and that the attacks targeted “command centres” in the sprawling urban neighbourhoods. Hezbollah did not immediately claim responsibility for firing at Israel.<\/p>\n

(PTI)<\/p>\n<\/div>\n<\/div>\n

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7 Jun 2026, 06:56:32 PM IST<\/p>\n

US-Iran News LIVE: Trump says he would not unfreeze Iran’s assets or lift any sanctions before peace deal is reached<\/h2>\n
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US President Donald Trump said in a recent interview with NBC News\u2019 “Meet the Press” that he would not unfreeze Iranian assets or lift any sanctions before a peace deal is reached.<\/p>\n

Trump stated he would consider those steps after a deal is done. “Comes after,” he said. “Yeah. If they behave, if they do a good job, we start talking. Yeah.”<\/p>\n

(Reuters)<\/p>\n<\/div>\n<\/div>\n

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7 Jun 2026, 06:29:57 PM IST<\/p>\n

US-Iran News LIVE: Multi-storey building struck as reports of explosions emerge<\/h2>\n
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Eyewitnesses reported hearing at least three explosions in the area, with a multi-storey building believed to have been hit in the incident, as per Al Jazeera.<\/p>\n

Israeli authorities said the target was military infrastructure belonging to Hezbollah, indicating that the operation was not aimed at a specific individual. However, it remains unclear whether anyone was inside the building at the time of the strike. As of now, there have been no confirmed reports of casualties.<\/p>\n<\/div>\n<\/div>\n

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7 Jun 2026, 05:46:57 PM IST<\/p>\n

US-Iran News LIVE: Israel army strikes Lebanon; two projectiles intercepted<\/h2>\n
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Israel’s military on Sunday stated it intercepted two projectiles carried out from Lebanon into Israeli territory, as it launched more strikes on Lebanon despite an ongoing truce.<\/p>\n

The military later issued an evacuation warning for most of the southern Lebanese city of Tyre and its surroundings.<\/p>\n

“Following the sirens that sounded a short while ago in the areas of Yiftah and Ramot Naftali, two projectiles that crossed from Lebanon into Israeli territory were intercepted,” the military said.<\/p>\n<\/div>\n<\/div>\n

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7 Jun 2026, 05:45:19 PM IST<\/p>\n

US-Iran News LIVE: Govt will pay ‘political price’, says Sharad Pawar amid LPG price hike<\/h2>\n
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NCP (SP) chief Sharad Pawar on Sunday slammed the Centre over increasing prices, claiming the government would pay a “political price” as frequent hikes in essential commodities were burdening the common man, as per PTI.<\/p>\n

People across the country were facing hardship due to inflation, the former Union minister claimed and asked the government’s stand that price rise was under control.<\/p>\n

“The hike may have started with just two rupees, but over time the increases have kept piling up, and today we can see how far the prices have risen. All of this has a direct impact on the finances and daily lives of ordinary people,” Pawar stated.<\/p>\n<\/div>\n<\/div>\n

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7 Jun 2026, 05:14:19 PM IST<\/p>\n

US-Iran News LIVE: US and Iran appear far from peace deal 100 days since war began<\/h2>\n
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The US and Iran appear to be making little progress toward an interim deal to end the war Washington and Israel began 100 days ago, as fresh attacks pile pressure on a fragile ceasefire.<\/p>\n

The past week saw the worst flare-up in tensions since the truce started around April 8. Negotiations between Washington and Tehran are bogged down over the fate of billions of dollars of frozen Iranian assets and a parallel conflict between Israel and Iran-backed Hezbollah in Lebanon.<\/p>\n

(Bloomberg<\/i>)<\/p>\n<\/div>\n<\/div>\n

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7 Jun 2026, 04:23:42 PM IST<\/p>\n

US-Iran News LIVE: Pakistan\u2019s interior minister in Tehran as US downs more Iranian drones over Hormuz<\/h2>\n
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Pakistan\u2019s interior minister was in Tehran on Sunday in a fresh bid to restart negotiations between Iran and the US, as the American military said it shot down two more Iranian drones over the Strait of Hormuz that threatened international maritime traffic.<\/p>\n

The latest action came as the US administration presses Iran to make a deal to end the war in the Middle East, which has strained the global economy and threatened a hunger crisis in some of the world\u2019s most vulnerable countries.<\/p>\n

(AP)<\/p>\n<\/div>\n<\/div>\n

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7 Jun 2026, 04:08:23 PM IST<\/p>\n

US-Iran News LIVE: West Asia tensions, oil prices, inflation data primary drivers for gold this week, say analysts<\/h2>\n
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Gold prices will remain sensitive to developments in West Asia, movement in crude oil prices, and a series of key economic data releases in the coming week, analysts said.<\/p>\n

Investors will monitor trade and inflation data from China and the US, mid-month Washington’s consumer sentiment figures and India’s Consumer Price Index (CPI) readings.<\/p>\n

The European Central Bank’s monetary policy decision will also be in focus as market participants assess their impact on bullion and other commodities, they added.<\/p>\n

(PTI)<\/p>\n<\/div>\n<\/div>\n

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7 Jun 2026, 03:25:11 PM IST<\/p>\n

US-Iran News LIVE: Araghchi dismisses likelihood of meeting between Khamenei and Trump<\/h2>\n
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Iranian Foreign Minister Abbas Araghchi has dismissed the likelihood of a meeting between the country’s Supreme Leader Mojtaba Khamenei and US President Donald Trump, minimising earlier assertions made by the American leader regarding a potential meeting.<\/p>\n

During a media interview, Araghchi categorised any potential discussions between the two leaders as unrealistic.<\/p>\n

“I saw a report which apparently said that he (Trump) had stated that he was ready for a meeting or that he wanted to hold a meeting. I think we should be realistic and think and live in the real world,” Araghchi stated, according to Al Jazeera.<\/p>\n

(ANI)<\/p>\n<\/div>\n<\/div>\n

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7 Jun 2026, 03:05:11 PM IST<\/p>\n

US-Iran News LIVE: US weighs using Iranian assets to fund reconstruction efforts in Gulf state, says report<\/h2>\n
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The United States is considering redirecting Iranian assets to Gulf countries to help finance reconstruction and repair work following damage allegedly caused by Iran, according to Reuters citing a source familiar with the matter. The move comes after Tehran reportedly launched a series of strikes on Kuwait and Bahrain and followed them up with additional drone attacks.<\/p>\n

The source said on Saturday that US Treasury Secretary Scott Bessent has instructed a team to evaluate the costs of damage sustained by Gulf allies. The assessment could serve as the basis for using Iranian assets to cover repair and rebuilding expenses, including for any future destruction attributed to Iran.<\/p>\n<\/div>\n<\/div>\n

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7 Jun 2026, 02:30:53 PM IST<\/p>\n

US-Iran News LIVE: US claims shot down Iran drones threatening Strait of Hormuz<\/h2>\n
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The United States said it shot down a pair of Iranian drones threatening the Strait of Hormuz, the latest escalation of violence as the war crept into its 100th day on Sunday with no end in sight.<\/p>\n

Weeks of indirect talks marked by tit-for-tat threats and sporadic exchanges of fire have failed to secure a deal to end the conflict or reopen the vital waterway, a chokepoint for Gulf oil and gas shipments.<\/p>\n

US Central Command (CENTCOM) said it destroyed two Iranian drones “that threatened international maritime traffic in the Strait of Hormuz”, hours after announcing it struck four other drones and coastal surveillance radar sites.<\/p>\n

(AFP)<\/p>\n<\/div>\n<\/div>\n

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7 Jun 2026, 01:51:32 PM IST<\/p>\n

US-Iran News LIVE: 7 OPEC members to meet today to discuss increase in oil output since Hormuz closure<\/h2>\n

Seven of 21 OPEC members are slated to meet today to discuss increase in oil output targets since Strait of Hormuz closure. Officials from Saudi Arabia, Iraq, Kuwait, Algeria, Kazakhstan, Russia and Oman will meet on Sunday, Reuters reported.<\/p>\n<\/div>\n

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7 Jun 2026, 01:25:52 PM IST<\/p>\n

US-Iran News LIVE: Iran dismisses Trump’s overtures for meeting with Mojtaba Khamenei<\/h2>\n
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Iranian Foreign Minister Abbas Araghchi reportedly dismissed the likelihood of a meeting between US President Donald Trump and the country’s Supreme Leader Mojtaba Khamenei.<\/p>\n

\u201cI saw a report which apparently said that he (Trump) had stated that he was ready for a meeting or that he wanted to hold a meeting. I think we should be realistic and think and live in the real world,\u201d Al Jazeera quoted Abbas Araghchi as saying.<\/p>\n<\/div>\n<\/div>\n

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7 Jun 2026, 12:58:36 PM IST<\/p>\n

US-Iran News LIVE: 146 countries face petrol price shock due to West Asia war<\/h2>\n

The International Energy Agency (IEA), an intergovernmental organisation that tracks global energy markets, reported that 146 countries received petrol price shock due to West Asia war. This marks the largest energy shock on record. Brent crude, the global benchmark for oil prices, is currently hovering around $100 after reaching its peak of $120, the first since 2022. Before the war, brent crude traded around $70 per barrel.<\/p>\n<\/div>\n

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7 Jun 2026, 12:28:50 PM IST<\/p>\n

US-Iran News LIVE: What is the average number of ships that cross Strait of Hormuz per day?<\/h2>\n

On an average almost seven vessels successfully navigate through the Strait of Hormuz, world’s most critical oil chokepoint, according to ship-tracking data. Around 607 ships crossed the Gulf strait between 28 February and 31 May \u2013 far below the roughly 100 daily transits before the war.<\/p>\n<\/div>\n

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7 Jun 2026, 12:12:07 PM IST<\/p>\n

US-Iran News LIVE: Israeli forces invade a fifth of Lebanon, capture 2,000 sq km area<\/h2>\n

Israel continues to pound southern Lebanon despite US-backed ceasefire that took effect on April 17. As per Al Jazeera report, Israeli forces captured almost a fifth of the country, spanning 2,000 square kilometres (770 square miles) area. This marks the deepest advancement into Lebanon in more than 25 years.<\/p>\n<\/div>\n

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7 Jun 2026, 11:16:40 AM IST<\/p>\n

US-Iran News LIVE: Loss of human lives in 100 days of West Asia war<\/h2>\n

Sunday marks 100 days of West Asia war. Over 3,593 people have been killed in Lebanon, 3,468 in Iran and 29 in Gulf states, 26 Israelis and 13 US soldiers since the start of the US-Israel war on Iran, Al Jazeera reported citing preliminary figures.<\/p>\n<\/div>\n

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7 Jun 2026, 11:01:37 AM IST<\/p>\n

US-Iran News LIVE: US assesses costs of damages inflicted on Gulf allies<\/h2>\n

US Treasury Secretary Scott Bessent reportedly directed a team to assess costs for damages already inflicted on Gulf allies by Iran. Washington is eyeing Iranian assets for repairs of any future destruction as well, Reuters report said.<\/p>\n<\/div>\n

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7 Jun 2026, 10:22:51 AM IST<\/p>\n

US-Iran News LIVE: US eyeing Iranian assets?<\/h2>\n

US will attempt to redirect Iranian assets to Gulf states for rebuilding and repairs of damage caused by Iran, Reuters reported citing a source familiar with the matter.<\/p>\n<\/div>\n

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7 Jun 2026, 09:58:35 AM IST<\/p>\n

US-Iran News LIVE: 2 US stealth fighter spotted patrolling over the Middle East | In pic<\/h2>\n
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View full Image<\/span><\/p>\n<\/div>

Two US Air Force F-35A stealth fighter were spotted patrolling over the Middle East.<\/figcaption>
(CENTCOM)<\/strong><\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n
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About the Author<\/h3>\n
<\/span><\/p>\n

Livemint<\/span><\/p>\n

<\/a><\/p>\n

For about a decade, Livemint\u2014News Desk has been a credible source for authentic and timely news, and well-researched analysis on national news, business, personal finance, corporates, politics and geopolitics. We bring the latest updates on all the listed companies on BSE and NSE, startups, mutual funds, Union ministries, geopolitics, and untapped human interest stories from around the world, helping our readers to stay informed on the latest developments around the globe. Our Coverage Areas 1. Companies: Comprehensive news and analysis on listed and unlisted companies, corporate announcements, corporate chatter, C-suite, business trends, hiring alerts, layoffs, work-life balance, world’s top billionaires and richest and more. 2. Personal finance: Insights into mutual funds, small savings schemes like – PPF, SSY, post office savings scheme, stock to watch, personal loans, credit cards, top bank FDs, real estate, income tax and more. 3. Politics: Comprehensive coverage of general elections, state elections and bypolls, Lok Sabha, Vidhan Sabha, Parliament, PMO, PIB, finance ministry, home ministry, among other union ministries and government departments. 4. National News: From metro cities like Delhi, Mumbai, and e to untapped stories from rural India, we cover human interest, health, education, crime and courts, and law and order, among other areas of public interest. 5. Economy: In-depth analysis of India’s macro and micro-economic indicators like- GDP, inflation, forex, fiscal deficit, current account deficit, interest rate cycle, economic recovery, RBI circulars, indirect taxes, GST, Insolvency and Bankruptcy imports, exports and everything that impacts Indian economy. 6. Geopolitics: Well-rounded and deeply researched coverage on US News, Oval Office European Union, Ukraine Russia War, middle-east crisis, royal families and global leaders like – Donald Trump, Vladimir Putin, Kim Jong Un, Xi Jinping and premiers of other leading economies in the world. Meet the Team 1. Gulam Jeelani, Political Affairs Editor 2. Sugam Singhal, Senior Assistant Editor 3. Chanchal, Assistant Editor 4. Sanchari Ghosh, Chief Content Producer 5. Pratik Prashant Mukane, Chief Content Producer 6. Sayantani Biswas, Chief Content Producer 7. Ravi Hari, Deputy Chief Content Producer 8. Garvit Bhirani, Deputy Chief Content Producer 9. Akriti Anand, Senior Content Producer 10. Jocelyn Felix Fernandes, Senior Content Producer 11. Swastika Das Sharma, Content Producer 12. Mausam Jha, Content Producer 13. Riya R Alex, Trainee Content Producer<\/p>\n<\/div>\n<\/div>\n

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Home<\/a>News<\/a>World<\/a>US-Iran News LIVE: Trump says he would not unfreeze Iran’s assets or lift any sanctions before peace deal is reached<\/p>\n<\/div>\n<\/div>\n

Read More<\/a>
\n Larisa Mischke<\/p>\n","protected":false},"excerpt":{"rendered":"

US-Iran News LIVE: The US military said late Saturday it shot down two Iranian attack drones threatening Strait of Hormuz shipping traffic, the latest clash between the warring forces as tensions escalate anew in West Asia. “Earlier today, US forces in the Middle East shot down two Iranian one-way attack drones that threatened international maritime<\/p>\n","protected":false},"author":1,"featured_media":910987,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[150037,28828],"tags":[],"class_list":["post-910986","post","type-post","status-publish","format-standard","has-post-thumbnail","category-amping","category-us-iran"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/910986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=910986"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/910986\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/910987"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=910986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=910986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=910986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}