US-Israel war on Iran, Iran, Israel, Trump administration, Strait of Hormuz, Lebanon, Hezbollah, US military, Donald Trump, Middle East and north Africa
US demands Iran reopen the strait of Hormuz while Tehran rejects 45-day ceasefire proposal and insists it wants permanent end to conflict
Talks to end Iran war appear to falter a day before Trump deadline
Oil prices rose on Tuesday while equities were mixed as investors assessed Donald Trump’s latest deadline for Iran to reopen the strategic strait of Hormuz or be “decimated”.
The US president warned Tehran that its civilian infrastructure would be destroyed if it did not let ships through the waterway, through which a fifth of global crude and gas passes.
Tentative ceasefire optics [were] offering brief relief but never fully offsetting the lingering risk of escalation.”
Continue reading… The Guardian