NO DEAL ?
Iran has halted the passage of oil tankers through the Strait of Hormuz over Israel’s strikes in Lebanon, the Fars news agency reports.
The White House sides with Israel over Pakistani mediators, saying that Lebanon is not part of the ceasefire agreement -Barak Ravid
Iran has told vessels attempting to transit the Strait of Hormuz that it is still closed, and any ship that attempts to transit will be targeted and destroyed – Reuters
https://x.com/FaytuksNetwork/status/2041892466341667301
Context: Pakistan PM announced Iran and the US and their allies had agreed to an immediate ceasefire everywhere, including Lebanon, but Israel disputed this, saying fighting Hezbollah in Lebanon was not part of the ceasefire – The Guardian
https://www.theguardian.com/world/2026/apr/08/trump-iran-war-ceasefire-deadline-what-we-know-so-far
How come Oil is not reacting ?
It is. I have UCO up 2.50 since the lows, about 6%
Iran says Strait of Hormuz closed again; White House denies it
Iranian state media says the country has again closed the Strait of Hormuz, this time over Israel’s continued attacks on Lebanon. The U.S. and Israel say Lebanon is not part of the ceasefire agreement — and the White House claims the Strait remains open.
https://www.msn.com/en-ca/news/canada/iran-says-strait-of-hormuz-closed-again-white-house-denies-it/vi-AA20rLyR?