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Breaking Posted 5 hours ago

Iran demands Strait of Hormuz concessions before ceasefire talks

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Iran's Foreign Minister Araghchi stated Iran will not accept a ceasefire until its demands regarding the Strait of Hormuz are met, per state TV. This escalates geopolitical tensions in a critical global oil chokepoint. USD typically strengthens on Middle East risk premium; oil-sensitive pairs and risk currencies (AUD, NZD, CAD) face pressure.
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3 hours ago

Oman mediates US-Iran Hormuz tensions amid ongoing strikes

Oman has dispatched a delegation to Iran to discuss strait traffic management as US-Iran military strikes continue. The Strait of Hormuz, critical to global oil flows, remains the focal point of escalating tensions. Oil-sensitive currencies and risk-on pairs face volatility; USD may strengthen on safe-haven demand if tensions spike further.

https://www.aljazeera.com/news/2026/7/24/oman-talking-with-tehran-on-hormuz-as-us-and-iran-continue-strikes?traffic_source=rss
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