Overview
- U.S. Central Command said a Navy F/A-18 disabled the rudder of the Iranian-flagged tanker M/T Hasna on Wednesday in the Gulf of Oman after repeated warnings went unheeded.
- Washington is pushing a one-page, 14-point memorandum that would open a 30-day window for broader talks, and Iran says it will relay its position through Pakistani mediators.
- The White House paused its short-lived Project Liberty naval escort to ease talks, even as President Trump warned he would intensify bombing if Tehran rejects terms.
- Oil prices fell more than 8% to about $100 a barrel on signs of possible progress, while hundreds of ships remain stuck by the Hormuz shutdown and shipper Hapag-Lloyd reports roughly $60 million in weekly losses.
- France and the U.K. are preparing a maritime security effort for the strait and China has called for a full cease-fire, underscoring how control of Hormuz shapes global energy flows and diplomacy.