Trump: “US forces deployed close to Iran until a real agreement is reached”. The truce falters: Hormuz closed, oil rises, European stock markets fall

John

By John

The American military will remain “deployed” near Iran “until a real agreement is reached”. Trump wrote it in Truth. “If that doesn’t happen, firefights will begin, bigger and more intense than we’ve ever seen before,” he added, although ruling out the nuclear option. With the Strait of Hormuz closed, only four ships used for the transport of dry cargo managed to cross it, after the Israeli raids on Lebanon which, according to the UN, pose a serious danger to the maintenance of the truce. According to Tehran, the ceasefire must also apply to Lebanon. Hezbollah fired rockets at a kibbutz after Israel’s breach.

Ambassador Iran, our delegation will reach Islamabad this evening for talks

Tehran’s ambassador to Pakistan, Reza Amiri Moghadam, said that an Iranian delegation will reach the Pakistani capital Islamabad this evening for talks with the US scheduled for the weekend.

“Despite the skepticism of the Iranian public due to the Israeli regime’s repeated violations of the ceasefire to sabotage the diplomatic initiative, the Iranian delegation, invited by the Honorable Prime Minister Shehbaz Sharif, will arrive in Islamabad this evening for serious talks based on the 10 points proposed by Iran,” the Iranian diplomat said in a post on X, making a clear reference to the attacks by Israeli forces in Lebanon. The UN said it “strongly condemns Israel’s attacks across Lebanon, which have caused numerous civilian casualties.” According to Pakistan, the two-week truce agreement also includes Lebanon, while American President Donald Trump and Israeli Prime Minister Benjamin Netanyahu maintain that this is not the case.

Trump, NATO wasn’t there when we needed it, and it won’t be there if we need it

“NATO wasn’t there when we needed it, and it won’t be there if we need it again. Remember Greenland: that big piece of ice, badly managed.” Donald Trump said it on his social network Truth in a message in all capital letters. The president received NATO Secretary General Mark Rutte at the White House a few hours ago.

Iranian media, ‘Hormuz completely closed, ships forced to turn back’

The Strait of Hormuz was completely closed, forcing oil tankers to turn around. This was reported by the Iranian broadcaster Press TV, according to which maritime tracking data shows that the Auroura oil tanker en route to the exit of the Strait suddenly changed direction near the coast of Musandam (in Oman) and performed a 180 degree turn returning to the Persian Gulf.

Gas rises to 46 euros, oil rises again. Weak start for European stock markets

The price of gas is starting to rise while the Strait of Hormuz is still closed and the truce between the US and Iran is wavering with Israel’s attacks on Lebanon. TTF contracts in Amsterdam show an increase of 1.10% to 46 euros per megawatt hour. The price of oil is rising again after yesterday’s sharp drop. In the wake of the news arriving from the Middle East, in particular on the failure to reopen the Strait of Hormuz, the May contract on the American WTI gains 3.5% to reach 97.7 dollars, while Brent for June rises by 2.4% to 97.05 dollars a barrel.

A weak start for European stock markets with the Strait of Hormuz closed and the truce between the USA and Iran faltering with Israel’s attacks on Lebanon. Frankfurt loses 0.41% with the Dax at 23,981 points. Paris loses 0.15% with the Cac 40 at 8,251 points. London holds, recording a +0.26% with the Ftse 100 at 10,636 points. The Milan Stock Exchange is declining at the start. The Ftse Mib lost 0.13% to 47,030 points. The black jersey is Diasorin (-3%) with Ubs having cut its recommendation to ‘neutral’. Good progress by A2a (+2.18%), Italgas (+1.74%), Eni (+1.57%).