Four days of strikes since the US-Iran ceasefire was signed — yet both sides are still heading to Doha Tuesday. This episode covers the fragile Gulf standoff, EU-Mercosur's landmark advance, and Russia's drone surge in Ukraine.
Audio is available on Spreaker — see link below.
Iran struck Bahrain and Kuwait with drones over the weekend, and the US and Iran are still calling it a ceasefire. That's where we are.
Despite the weekend strikes, technical talks are still scheduled for Tuesday in Doha. The agenda centers on the memorandum of understanding covering Strait of Hormuz access, sanctions relief timelines, and nuclear program discussions.
On the economic side, Brent crude settled at seventy-two dollars and twenty cents per barrel after a weekend spike. US gas prices eased to three dollars and eighty-seven cents per gallon.
Away from the Gulf, a trade development that's been building for decades crossed a significant threshold. The EU-Mercosur agreement, covering Brazil, Argentina, Uruguay, and Paraguay, is now in its implementation phase after the May finalization.
On the Ukraine front, Ukrainian Commander Syrsky reported Russian forces now number around seven hundred twenty-one thousand troops along the front. More immediately, Russia is deploying between six thousand and seven thousand FPV drones daily.
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