US VP Vance says Iranians are promising to open Strait of Hormuz and Iranians thought ceasefire included Lebanon, and it just did not; Israelis have offered to check themselves in Lebanon

The comments from the US VP indicate a potential thaw in tensions regarding the Strait of Hormuz, which is critical for global oil supply.

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VP Vance says there are at least three 10-point peace plans floating around and only one represents the negotiating position of the US government, CBS' Jacobs reports

US VP Vance says Iranians are promising to open Strait of Hormuz and Iranians thought ceasefire included Lebanon, and it just did not; Israelis have offered to check themselves in Lebanon

Bahrain stresses necessity of lasting solution to ensure Iran does not possess a nuclear weapon and halt development and proliferation of ballistic missiles and drones

Rep. Ritchie Torres calls for probe into futures trades placed ahead March pause on Iran hostilities, via CNBC

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  • Iranians have to take next step or Trump has options to go back to war.
  • The more Iran wants to give the US, the more Iran will get out of negotiations.
  • Iranians should come to table seriously.
  • If they break the bargain, going to see serious consequences.
  • Have strong hand and will play it well.
Context

If Iran is indeed signaling a willingness to negotiate, it could shift market sentiment favorably toward commodities and reduce geopolitical risk in the region, impacting oil prices and associated currencies like the USD and JPY.

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