Hormuz Deal Shock: Iranian State Media Says US-Israeli Vessels Banned, Oil Surges
Very Tehran-favorable conditions emerge in ‘draft deal’…
Summary
- Iran parliament reviews draft Hormuz plan banning US- and Israel-linked vessels.
- Oil rises as proposed Strait restrictions raise supply concerns.
- Houthis intensify attacks on Saudi oil shipping in the Red Sea.
- Yemen fighting escalates amid reports of major casualties.
- Iran-Oman talks continue as US backs diplomatic solution, searches for offramp.