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Rubio Insists US 'Will Not Tolerate' Deal Which Makes Iran Gatekeeper Over Hormuz, As Putin Tells Araghchi Tehran 'Fighting For Its Sovereignty'
Rubio Insists US 'Will Not Tolerate' Deal Which Makes Iran Gatekeeper Over Hormuz, As Putin Tells Araghchi Tehran 'Fighting For Its Sovereignty'
Summary
Putin tells FM Araghchi that he's been in contact with the new Supreme Leader, and says Iran fighting for 'sovereignty'
After a weekend of stalemate malaise, Iran reportedly offers new proposal for opening ship traffic, while postponing the thorny nuclear issue; Rubio says 'will not tolerate' Iran control of strait
Trump says peace could come via telephone rather than face-to-face meetings, also warning Iranian oil infrastructure could explode from within unless flow resumes;...
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Jun 11, 2026 / Dave DeCamp
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Rebound In Used Luxury Watches Continues
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Apr 13, 2026 / Tyler Durden
Futures Slide But Off Session Lows As Oil Spikes Above $100 Ahead Of Trump's 10am Hormuz Blockade
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Stock futures are lower, but off their worst levels of the session, as Brent crude surged 7% to over $102 after Trump ordered a blockade of the Strait of Hormuz to take place at 10am ET. The moves look relatively contained given the breakdown of US-Iran talks, with strategists saying this is a moment to buy the dip. Goldman Sachs is kicking off the earnings season shortly with earnings that missed on FICC revenue, sending the stock...
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