Here’s the latest
• Strait of Hormuz: Iranian Foreign Minister Abbas Araghchi says the vital trade chokepoint is now open to all commercial vessels for the remainder of the ceasefire – the US-Iran truce is due to end on Tuesday.
• Ceasefire in effect: A 10-day truce in Lebanon appears to be holding despite the Lebanese army accusing Israel of violations. Israel said its forces would not withdraw from southern Lebanon, and Iran-backed Hezbollah warned it would only abide by the truce if Israeli attacks stopped.
• Diplomacy push: US President Donald Trump said a White House meeting between Israel and Lebanon could take place within two weeks. The conflict with Hezbollah has been a key sticking point in negotiations on the war with Iran. Trump also voiced confidence that a deal with Tehran will come soon, saying talks could happen this weekend.
Oil prices just dropped sharply and stock futures surged after the Iranian foreign minister said the Strait of Hormuz will be “completely open” for commercial transit during the remainder of the ceasefire.
Author: phinds
