WS #14281
Iran issued a 3-4 week ultimatum to the US with six demands, threatening escalation and preemptive strikes; Hormuz traffic hit record low of one ship, with US Navy redirecting 64 ships. Brent crude above $90, WTI near $85, and European TTF gas above €62/MWh, driven by Hormuz tensions and stalled negotiations. Turkey and Iran discuss Hormuz reopening and ceasefire; Kushner reports progress on Hamas disarmament within 30 days.
Iran ultimatum and Hormuz escalation
Iran issued a 3-4 week ultimatum to the US with six demands, threatening escalation and preemptive strikes; Hormuz traffic hit record low of one ship, with US Navy redirecting 64 ships.
Brent crude above $90, WTI near $85, and European TTF gas above €62/MWh, driven by Hormuz tensions and stalled negotiations.
Turkey and Iran discuss Hormuz reopening and ceasefire; Kushner reports progress on Hamas disarmament within 30 days.