EZB8RISK / Market Briefing

Iran's proposal to reopen the Strait of Hormuz remains the focal point, with the Supreme Leader's backing giving it weight even as reports suggest Washington has rejected the cease

Iran's proposal to reopen the Strait of Hormuz remains the focal point, with the Supreme Leader's backing giving it weight even as reports suggest Washington has rejected the ceasefire offer and conflicting signals persist over talks. Tehran is framing the choice as resting on the US response, while also warning that American bases in the region could be targeted if talks fail. The mix of diplomatic overtures and military threats keeps the outlook uncertain, with oil and regional markets sensitive to each headline.

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