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Trump Announces 10-Day Lebanon-Israel Truce, As Iran Reasserts Tolls Via Iranian Banks; US Vows Hormuz Blockade "As Long As It Takes"
Trump Announces 10-Day Lebanon-Israel Truce, As Iran Reasserts Tolls Via Iranian Banks; US Vows Hormuz Blockade "As Long As It Takes"
Summary
Trump unveils 10-day Lebanon ceasefire, but which Hezbollah has not signed on for, amid heavy IDF attacks on south.
Iran seeks to boost rial through toll payment scheme; vessels pay Hormuz passage through Iranian banks.
US Navy: vessels seeking entry into Hormuz Strait now fair game for boarding, search, and outright seizure - including for suspicion of 'contraband'.
Hegseth: US forces are ready to restart combat if Iran doesn’t agree to a...
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Futures are lower, but well off session lows,after a weekend of chaos in the Strait of Hormuz cast doubt over US-Iran peace talks ahead of Tuesday’s ceasefire expiration. On Saturday, Iran said the Strait will be closed until the US blockade is lifted, with ships reporting attacks. The US then fired and seized an Iranian-flagged ship on Sunday. Both headlines point to a re-escalation, as Iran military has now vowed to retaliate. It remains unclear...
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