Markets rejoice as deal to reopen Hormuz nears, but U.S. forces conduct ‘self-defense strikes’ on Iranian missile sites and boats laying mines
Markets reacted positively to news of a potential deal to reopen the Strait of Hormuz, with stock futures rising and oil prices falling. However, the U.S. military conducted self-defense strikes against Iranian missile sites and mine-laying boats, indicating ongoing tensions. The proposed deal includes a 60-day ceasefire extension and the free flow of ship traffic, with further negotiations planned on Iran's nuclear program and U.S. sanctions. Meanwhile, Israeli Prime Minister Benjamin Netanyahu vowed to intensify attacks on Hezbollah, potentially complicating the diplomatic efforts. AI
