White House Press Secretary Leavitt says that Iran must turn over enriched uranium and that the US is awaiting Iran's response, Trump has all the leverage and the cards are in his hands

The White House's demands regarding Iran’s enriched uranium signal escalating tensions, which could impact energy and commodities markets, notably oil and gold.

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Pakistan's National Refinery says Darigwan site was attacked, security forces secure area, sweep is underway

US Central Command says it has instructed 29 ships to return to port as part of the blockade imposed on Iran, via Al Araby

White House Press Secretary Leavitt says that Iran must turn over enriched uranium and that the US is awaiting Iran's response, Trump has all the leverage and the cards are in his hands

US President Trump expects Iran Foreign Minister Araghchi to remain part of Iran talks, according to Fox; the 3-5 day ceasefire is not true

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  • Iranian vessel seizure was not a ceasefire violation.
  • The blockade is on ships going to and from Iranian ports.
  • Blockade continues to be effective.
  • Hear a lot of talk from the Europeans but no action.
  • We will see if the Europeans will join the blockade.
Context

The pressure on Iran coupled with a potential blockade could influence the dollar's strength, especially against currencies like the EUR and JPY. This situation remains fluid, and any developments could trigger significant market reactions across various asset classes.

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