Article
Oil Jumps As Report On 6-Month Iran Deal Timeline Crushes Ceasefire Hopes, Hormuz Still Locked Down
Oil Jumps As Report On 6-Month Iran Deal Timeline Crushes Ceasefire Hopes, Hormuz Still Locked Down
Summary
Trump unveils 10-day Lebanon ceasefire, but which Hezbollah has not signed on for, amid heavy IDF attacks on south. BBG reports on potential 6-month timeframe for comprehensive Iran deal, oil spikes.
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...
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