[ANALYSIS] Iranian War Day 55: Trump denies 3-5 day timeline; Hormuz tensions persist
The situation regarding U.S.-Iran tensions remains highly volatile, as President Trump refuted claims of a short ceasefire and hinted at possible military escalation following the current ceasefire period.
EU S&P Global Composite PMI Flash (Apr) 48.6 (Prev. 50.7, Low. 49.5, High. 51); “If the Covid-19 pandemic is excluded, this is the biggest surge in cost pressures that we have recorded since 2000".
Iran’s Supreme Leader Khamenei opposes extending negotiations under current conditions, according to an Iranian parliament national security member
[ANALYSIS] Iranian War Day 55: Trump denies 3-5 day timeline; Hormuz tensions persist
"Somalia closes Bab al-Mandab Strait to Israeli shipping", IRNA reports; "The move comes as a direct response to Israel’s recognition of the breakaway region of Somaliland, Yemen Press Agency reported on Wednesday"
According to industry sources, SK Hynix (000660 KS) is expected to set a new all-time high operating margin in Q2 on the back of the continuing memory supercycle
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
OVERVIEW
- US President Trump said Iranian Foreign Minister Araghchi is expected to remain part of Iran talks and said the reported 3-5 day ceasefire is not true, according to Fox.
- White House Press Secretary said Trump has not set a firm deadline for the Iran proposal, added the 3-5 day ceasefire timeline is not true, and said Trump will dictate the ceasefire timeline.
- Israeli media cited sources saying Washington wants to reach understandings with Iran by Sunday, not just launch negotiations, while N12 reported Trump’s deadline for the Iranians was this coming Sunday.
- Report via Israeli press Hayom, citing sources familiar with Trump administration moves, said the “next stages have already been set” and that after the ceasefire ends within a few days, an overwhelming military strike is expected, followed by several days of military operations before they conclude.
CEASEFIRE
- US President Trump said the reported 3-5 day ceasefire is not true and expects Iranian Foreign Minister Araghchi to remain part of Iran talks, according to Fox.
- White House Press Secretary said Trump has not set a firm deadline for Iran’s proposal and that Trump himself will dictate the ceasefire timeline.
- Trump posted that “the eight women protestors who were going to be executed tonight in Iran will no longer be killed” and thanked Iran and its leaders for respecting his request.
- It was later reported that Iran rejected Trump’s claim of halting the women’s executions, according to Iran State News Mizan.
- The third US aircraft carrier, USS Bush, is arriving in the Middle East after a detour around the southern tip of Africa in the next 3-5 days, according to Fox’s Jen Griffin.
- US Senate voted 46-51 against limiting Trump’s Iran war powers, rejecting the fifth attempt to do so.
- NYT reported some Republicans have signalled that a key statutory deadline in the coming weeks could become an inflection point at which they will expect Trump either to wind down the conflict or seek congressional approval to continue it.
- Israel's Hayom, citing sources familiar with Trump administration moves said “the next stages have already been set”.
- According to the report, the ceasefire Trump extended will end within a few days.
- After that, an overwhelming military strike is expected to go ahead with even greater force than previous US strikes on Iran.
- The report added that the attack would continue for several days, after which military operations against Iran would come to an end.
HORMUZ
- US Pentagon informed Congress it could take six months to fully clear the Strait of Hormuz of mines deployed by the Iranian military, and any such operation is unlikely until the US-Iran war ends, according to WaPo.
- US military intercepted at least three Iranian oil tankers in Asian waters and redirected them, according to shipping and security sources.
- Iran seized two ships in the Strait of Hormuz citing violations and dangerous navigation, according to SNN.
- Iranian Foreign Minister Araghchi said the current situation in the Strait of Hormuz is a direct result of US violations.
- Iranian Parliament Speaker Ghalibaf said a complete ceasefire only makes sense if it is not violated by a naval blockade and hostage-taking of the world economy, and added reopening the Strait of Hormuz is not possible with a blatant ceasefire violation.
- Iranian President Pezeshkian said Iran has welcomed dialogue and continues to do so, but that breaches of commitments, the blockade and threats are the main obstacles to genuine negotiations.
- British military divers are preparing to conduct mine-clearing operations if needed in the Strait of Hormuz, according to POLITICO citing the UK MoD.
IRAN
- Iran maintains more military capability than the White House or Pentagon publicly admitted, with about half of its ballistic missile stockpile and associated launch systems still intact as of the start of the ceasefire in early April, according to CBS citing multiple US officials.
- Iranian Chairman of National Security Committee Ebrahim Azizi said Iran will not leave the battlefield until the aggressor is severely punished and finally repents, and added Iran has no problem entering other fields.
- Iranian politician Azizi said the ceasefire period is an opportunity to stock up, while Iran will continue to adhere to a series of ethical principles of war, according to SNN.
- Iranian-American academic and political analyst Marani, said to be closely linked to the Iranian government, said if Iran’s infrastructure is attacked there will be a lot of heat in the region and people should leave Gulf countries if Trump carries out his threat to bomb critical infrastructure.
- Iranian opposition sources said air defences were activated in Iran last night against unmanned aerial vehicles.
- Fars News posted an animation on Iran’s readiness to target regional energy infrastructure if America makes a mistake.
DIPLOMACY
- Pakistani official said they remain optimistic about the Islamabad negotiations and hope for the best.
- Israeli Broadcasting Authority, cited by Al Araby, reported Washington wants to reach understandings with Iran by Sunday, not merely start negotiations.
- N12 reported Trump’s deadline for the Iranians was this coming Sunday.
ISRAEL / LEBANON
- Israeli PM Netanyahu said they are prepared for all scenarios, both defensively and offensively.
- Israel’s Foreign Minister said there are no major differences with Lebanon, that disputes over the border line are not significant and can be resolved, and that normalisation and peace with Lebanon will be discussed after resolving the Hezbollah issue.
- Israel-Lebanon talks in the US are slated for Thursday at 16:00EDT/21:00BST.
- Lebanon is to request a one-month ceasefire extension in Washington talks, according to NNA.
- Israeli forces targeted the Red Cross and prevented it from searching for journalist Amal Khalil, according to Al Jazeera citing a Lebanese official.
- Lebanon’s PM later said Israel’s targeting of journalists and obstruction of relief efforts constitute war crimes.
- Hezbollah said it targeted a gathering of Israeli enemy soldiers in the town of Qantara in southern Lebanon with a drone strike in response to ceasefire violations.
- Five Palestinians were reportedly killed in an Israeli strike on Gaza.
The developments threaten to impact global markets significantly, particularly in oil, as the Strait of Hormuz is a critical chokepoint for oil shipments, and any military activity in the region could further spike energy prices and influence currency movements. Traders should closely monitor these geopolitical dynamics for spillover effects in equities and commodities, particularly in energy assets.
Related headlines
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 26 min ago
- Russian Kremlin spokesperson Peskov says Presidents Putin and Trump did not discuss the possibility of holding a new meeting at APEC, but there is an understanding that such a meeting could take place, Interfax reports1 hour ago
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent4 hours ago
- [MARKET ANALYSIS] Brent briefly tops USD 100/bbl as Middle Eastern tensions remain heightened5 hours ago
- [MARKET ANALYSIS] European bourses under pressure as renewed US-Iran strikes drive energy higher; ITX SM hit despite mixed earnings while FORTUM FH surges on GOOGL deal5 hours ago
- [MARKET ANALYSIS] Fixed falters once more as Brent takes USD 100/bbl, awaiting the Treasury buyback announcement5 hours ago
- [MARKET UPDATE] Fresh lows across fixed income and equity futures as energy prices continue to climb; Brent Nov remains north of USD 100/bbl4 hours ago
- Japanese PM Takaichi says Japan will strengthen and diversify energy supplies, including oil, while boosting cooperation on critical minerals and supply-chain resilience with the US, Australia and other partners6 hours ago
- Dow (DOW) reportedly weighs exit from USD 20bln Saudi chemicals venture2 hours ago
- OpenAI is reportedly projecting compute spending of c. USD 750bln through 2030 but still feels "really short" on computing power, NYT reports1 hour ago
- Silver Lake is reportedly to merge Cegid and Silae to form a European Co. selling accounting, HR and enterprise services, FT reports citing sources4 hours ago
- Analog Devices (ADI) and Alif Semiconductor today announced a definitive agreement under which ADI will acquire Alif in an all-cash transaction for USD 1.35bln2 hours ago
- Newsquawk Daily US Equity Opening News: DOW weighs exit from $20b Saudi chemicals venture; GOOG to invest $15bln in Finnish AI infrastructure1 hour ago
- Alcoa (AA) files to sell USD 2.6bln senior unsecured notes due 2034 and 2036 with the funds to finance the South32 deal2 hours ago
- Pakistan is reportedly considering strikes against Houthi targets in Yemen under the “Makkah Pact” defense framework with Saudi Arabia and Turkey, Kann's Kais reports; strikes may begin in the coming days and will be announced immediately after21 min ago
- US official says in total, in the past week, the US has attacked and destroyed 10 Iranian oil tankers, i24 news reports1 hour ago
- Arabic sources reported intense clashes between mercenaries affiliated with Saudi Arabia and the UAE, reportedly following successive defeats by Houthi forces on various fronts in Yemen, SNN reports1 hour ago
- There are signs the US is working to devise some means of striking Iran's nuclear sites, CNN reports2 hours ago
- Iran launched a drone at a tanker near Iraq, and at a tanker near the Emirates, reports i24's Stein3 hours ago
- IRGC official warns that further US aggression against Iran could trigger more unprecedented Iranian responses, IRNA reports3 hours ago
The whole workspace, free to try.
Try it free