Overview
- President Donald Trump announced an extension of the ceasefire with Iran at Pakistan’s request, saying the U.S. naval blockade of Iranian ports will continue during the pause.
- U.S. forces said they boarded the M/T Tifani in the Indian Ocean in a sanctions enforcement action, while Iran denounced recent ship seizures as violations of the truce and tightened control of the Strait of Hormuz.
- Vice President J.D. Vance delayed his trip to Islamabad on Tuesday as Iran withheld confirmation of a delegation, with Pakistani officials working to secure a second round of talks.
- Energy markets stayed on edge as partial closures in the Strait of Hormuz, a route that carries about one-fifth of global oil, pushed Brent prices toward $95 and prompted Australia to warn of the largest energy shock in its history.
- Key gaps remain over Iran’s nuclear program and the reopening of Hormuz, and mediators say progress could determine whether shipping resumes smoothly or governments deepen fuel rationing and emergency measures.