Iran's proposal regarding Hormuz may be rejected by Washington because it excludes nuclear discussions, Al Hadath reports citing regional officials

The rejection of Iran's proposal regarding the Strait of Hormuz by Washington could escalate tensions in the region, particularly as it doesn't include discussions on nuclear issues. This situation may lead to volatility in energy markets, particularly WTI, as investors assess the potential impact on oil supply routes. If tensions escalate, we could see a shift towards safe-haven assets or commodities as a hedge against geopolitical risks.