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US Strikes Iran During Ceasefire Talks & the Hormuz Cost Clock | May 26
Audio is available on Spreaker — see link below.
US forces struck Iranian missile sites in Hormozgan province while ceasefire negotiations were still active — and oil markets moved instantly. Every day the Strait of Hormuz stays closed reshapes the leverage picture for both sides.
Audio is available on Spreaker — see link below.
US forces struck Iranian missile sites and mine-laying boats in Hormozgan province on May twenty-sixth. That's during active ceasefire negotiations.
The framework taking shape proposes a sixty-day negotiating window. The sticking points are significant.
On May twenty-fifth, Trump added a new condition. Saudi Arabia, Pakistan, Egypt, Jordan, and Qatar would need to simultaneously join the Abraham Accords as part of any Iran deal.
The Lebanon dimension complicates the ceasefire further. Netanyahu told Trump on May twenty-fifth that Israel retains the right to defend against Hezbollah threats.
The collateral costs of a prolonged closure are already spreading well beyond the Gulf. Myanmar's farmers have lost access to roughly ninety percent of their imported fuel and fertilizer, held up in the blocked strait.
The near-term watchpoints are narrow. Secretary Rubio said on May twenty-sixth that a framework is "a few more days" away.
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