US President Trump stops short of saying Iran has violated the ceasefire, via ABC News citing phone call
President Trump's comments signal a nuanced approach to the Iran situation, refraining from making definitive statements on ceasefire violations.
US and Israel holding talks on how to respond and assist UAE; sources suggest likely options include strikes against launchers and military targets threatening the strait, or an attack on an Iranian energy facility in response to Fujairah; via Hayom
EU's Dombrovskis says taxing windfall energy profits is a possibility that member states can use, but not foreseeing recommending EU initiative
US President Trump stops short of saying Iran has violated the ceasefire, via ABC News citing phone call
US Treasury Financing Estimates (Q2): To borrow USD 189bln in Q2 and sees end-June cash balance of USD 900bln (prev. saw USD 109bln, assuming end-June cash balance of USD 900bln)
Informed Iran military official says Iran had no pre-designed plan to attack Fujairah oil facilities, and what happened was the product of the American army's adventure to create a illegal passage of ships through the forbidden passages of the Strait
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Regarding the Iranian drone and missile attacks on UAE today: “They were shot down for the most part,” Trump told me. “One got through. Not huge damage.”
Regarding the Iranian attack on a South Korean ship: “We're going to look into it. Shots were fired at a South Korean ship, and I think South Korea should take some action. ... This was a South Korean ship riding by itself. It was not an escorted ship."
This ambiguity can create volatility in markets, particularly for commodities like oil and safe-haven assets like gold, as traders weigh potential escalations or resolutions. The lack of a firm stance might suggest that immediate geopolitical tensions could remain in the spotlight, influencing market sentiment.
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