Iran's proposal to reopen the Strait of Hormuz has been rejected by Washington, with reports suggesting a return to bombing remains on the table, keeping the diplomatic track fragi
Iran's proposal to reopen the Strait of Hormuz has been rejected by Washington, with reports suggesting a return to bombing remains on the table, keeping the diplomatic track fragile. Syria has opened an overland fuel transit route through Iraq as a workaround to the closure, a sign that regional players are adapting to the disruption rather than waiting it out. Oil prices eased modestly as both sides explored a phased path out of the conflict, though each new headline continues to swing the risk picture.
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