Overview
- Following Monday’s warning that the truce is “on massive life support,” Trump’s weekend rejection of Tehran’s written reply pushed oil prices higher and left shipping through Hormuz largely frozen.
- Iran’s response, delivered via Pakistani mediators, sought an end to the U.S. naval blockade, release of frozen assets, sanctions relief, compensation for war damage, and a halt to fighting on all fronts, including Lebanon.
- The Strait of Hormuz, a chokepoint that carries about one‑fifth of global seaborne oil, remains mostly closed as Iran asserts control measures and the U.S. Navy maintains a blockade on Iranian ports.
- Fresh weekend incidents added strain to the ceasefire as the UAE, Kuwait, and Qatar reported drone attacks and an Iranian parliamentary security spokesman warned that “our restraint is over.”
- The nuclear file remains the core hurdle, with Israel’s Benjamin Netanyahu insisting Iran’s enriched uranium be removed and sites dismantled, while reports said Tehran floated diluting some stock and sending the rest to a third country.