Overview
- President Trump publicly dismissed Iran’s latest proposals, with prediction markets cutting ceasefire odds to about 0.1% and lowering the chance of a near‑term U.S.–Iran meeting.
- The White House said operations were “terminated” under War Powers rules, yet the U.S. Navy continues to enforce a blockade on Iran‑linked shipping through the Strait of Hormuz.
- Oil prices swung after traders weighed hopes for new talks—citing Iran’s Abbas Araghchi—against signs the blockade will persist and keep supply risks elevated.
- Israel said its forces destroyed Hezbollah command sites and military buildings in southern Lebanon, signaling persistent regional flashpoints despite a fragile truce.
- U.S. officials cleared an $8.6 billion arms package for Israel and Qatar, and reports of Iran excavating buried missiles during the ceasefire reinforced fears of renewed fighting.