EZB8RISK / Market Briefing

Iran's standoff with Washington remains deadlocked, with Tehran refusing to soften its demands after the US rejected its plan to reopen the Strait of Hormuz, and the Revolutionary

Iran's standoff with Washington remains deadlocked, with Tehran refusing to soften its demands after the US rejected its plan to reopen the Strait of Hormuz, and the Revolutionary Guards claiming the seizure of a second US underwater drone in the strait. Both sides signal openness to renewed talks this week, even as Iranian officials warn they are fully prepared to resume war and face any new aggression. Gulf markets stayed mixed on the news, with shipping through the strait still the main point of focus for regional observers.

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