"Three US officials told me discussions are taking place about a possible ceasefire with Iran in return for the reopening of the Hormuz strait. The officials said it is unclear if a deal can be reached", Axios' Ravid
The mention of possible discussions about a ceasefire with Iran in exchange for reopening the Hormuz Strait highlights a pivotal geopolitical moment.
The Iranian attack on Israel currently is the widest since the start of the war, Al Jazeera reports citing Channel 14
Ukraine's military says it has struck a Russian missile components production plant in the Bryansk region
"Three US officials told me discussions are taking place about a possible ceasefire with Iran in return for the reopening of the Hormuz strait. The officials said it is unclear if a deal can be reached", Axios' Ravid
Emirates Global Aluminium has halted smelter use after Iran strike, Bloomberg reports citing sources
US VP Vance has reportedly been speaking with intermediaries about the Iran conflict as recently as Tuesday, Reuters sources say
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Should a deal emerge, it would significantly impact energy markets and trader sentiment, particularly for oil, as the strait is a key transit route for global oil supplies. The uncertainty surrounding the discussions also suggests potential volatility, as market participants will likely react to developments in the negotiation process.
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