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Iran naval source says only two tankers were able to cross the Hormuz before Israel violated the agreement; have closed the Hormuz and only Iranian ships coming from Iran can pass through it, via Al Mayadeen

The situation in the Strait of Hormuz is escalating, with Iran reportedly blocking passage for tankers following an alleged agreement violation by Israel.

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A senior US official said the issue of continuing the fighting in Lebanon came up during a phone call between US President Trump and Israeli PM Netanyahu last night during Trump's update on the ceasefire with Iran, via Axios

Iran naval source says only two tankers were able to cross the Hormuz before Israel violated the agreement; have closed the Hormuz and only Iranian ships coming from Iran can pass through it, via Al Mayadeen

The Israeli security cabinet is scheduled to meet Wednesday night and will discuss the cease-fire with Iran, according to WSJ citing sources

Ulta (ULTA) reaffirms Q4 guidance

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This development could disrupt global oil supply routes, likely impacting crude prices and related currencies like the JPY and GBP, as investors seek safe-haven assets amidst heightened geopolitical tensions.

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