Iran declared its intention to reopen the Strait of Hormuz for the period of a 10-day ceasefire between Israel and Hezbollah in Lebanon. According to Iran’s Foreign Minister Abbas Araghchi, the waterway critical for global energy supplies, which had been closed since the onset of U.S. and Israeli bombings in Iran at the end of Read More
Dow Futures remain muted, following U.S. President Donald Trump’s declaration of an extension to the deadline for American air strikes on Iranian energy infrastructure, contingent upon Tehran’s decision regarding the reopening of the Strait of Hormuz. Trump indicates that discussions with Iran are continuing, despite the ongoing conflict in the Middle East. Oil prices experienced Read More
