WS #14242
The US-Iran ceasefire MOU expired with no extension, Hormuz shipping nearly halted (5 vessels Saturday, 0 Sunday), and oil prices remain elevated with Brent near $89. WSJ reports Iran used the truce to intensify missile/drone production and appoint hardliners, suggesting a more aggressive posture that could further disrupt Hormuz. EU foreign policy chief Kaja Kallas plans to present the 'most far-reaching sanctions list' against Russia, potentially increasing sanctioned entities by one-third.
US-Iran ceasefire expiration and Hormuz shipping halt
The US-Iran ceasefire MOU expired with no extension, Hormuz shipping nearly halted (5 vessels Saturday, 0 Sunday), and oil prices remain elevated with Brent near $89.
WSJ reports Iran used the truce to intensify missile/drone production and appoint hardliners, suggesting a more aggressive posture that could further disrupt Hormuz.
EU foreign policy chief Kaja Kallas plans to present the 'most far-reaching sanctions list' against Russia, potentially increasing sanctioned entities by one-third.