On Sunday, US White House reportedly told Iran of the impending US operation to "guide" ships through the Strait of Hormuz, Axios reports citing a US official; US warned Iran not to interfere
The reported US warning to Iran about guiding ships through the Strait of Hormuz signals heightened tensions in a critical oil route, which could disrupt supply flows if conflicts escalate.
UK DMO is to sell GBP 4.1bln 2031 Gilt on May 12th
[WATCH LIVE] US President Trump to sign a proclamation in the Oval Office, BBC reports
On Sunday, US White House reportedly told Iran of the impending US operation to "guide" ships through the Strait of Hormuz, Axios reports citing a US official; US warned Iran not to interfere
UN Security Council reportedly to hold closed-door consultation on recent UAE attacks
Reports of explosions being heard on Qeshm Island, Iran
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- Some US and Israeli officials believe President Trump could give an order to resume the war later this week if the diplomatic stalemate continues.
This potential military action could be a bid to ensure maritime security, directly impacting crude oil prices, particularly WTI. Traders should be alert to market shifts in energy assets and broader risk sentiment as developments unfold.
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