Now Playing
Ceasefire Without Talks: Iran, Oil Markets & the Israel Split | Jul 27-28
Audio is available on Spreaker — see link below.
Trump halted US strikes on Iran, but both sides tell contradictory stories about who asked for the pause — and oil markets are pricing in a deal that doesn't exist yet. This briefing unpacks the ceasefire's structural fragility, Israel's energy-strike veto, Iran's domestic crisis, and Oman's quiet diplomatic play.
Audio is available on Spreaker — see link below.
Trump halted US strikes on Iran on July twenty-seventh. Iran says there are no negotiations underway.
Oil markets didn't wait to find out. Brent crude fell from ninety-one dollars and thirty cents a barrel to eighty-five dollars and eighty-seven cents in under twenty-four hours.
The US-Israel alignment assumption is weaker than it looked a week ago. Israeli Defense Minister Katz said publicly that the US is blocking Israeli strikes on Iranian energy infrastructure.
Iran isn't simply absorbing this conflict. War damage has cut Iranian gas production by two hundred and thirty million cubic metres per day.
One actor watching all of this carefully is Oman. On July twenty-seventh, Oman's Foreign Minister made calls across Iran, Saudi Arabia, Qatar, Kuwait, and Egypt.
The near-term signals to track are straightforward, even if the answers aren't. Does Israel act unilaterally on Iranian energy targets?
Chapter summary auto-generated from the verified script. Listen to the full episode for the complete content.