Overview
- After days of threats over the Strait of Hormuz and energy sites, Washington entered a short pause in planned strikes as President Trump touted a 15‑point understanding that Iran publicly denied.
- U.S. officials, cited by Politico, are weighing Iran’s parliament speaker Mohammad Bagher Ghalibaf as a possible go‑between and have discussed Pakistan as a venue for contacts, which Iranian authorities have not confirmed.
- Tanker traffic through the Strait of Hormuz, a route that carries about one‑fifth of the world’s oil, remains restricted, raising price and supply risks across the region.
- India’s Ministry of External Affairs called social media posts false that claimed an Indian tanker paid Iran a transit fee in Chinese yuan to pass Hormuz.
- Markets showed stress as gold and silver on India’s MCX fell sharply, with analysts pointing to profit‑taking and worries about higher interest rates despite the security crisis.