U.S. Military Strikes in Iran Complicate Nuclear Deal Negotiations
The United States has conducted new military strikes on missile sites and boats in southern Iran, further complicating the ongoing negotiations over Iran's nuclear program. These actions have added uncertainty to the nearly three-month-long crisis, affecting market perceptions and oil prices. The strikes, labeled as 'self-defense' by the U.S., have led to a rise in oil prices, reversing a previous slump due to hopes of a U.S.-Iran deal. The situation in the Persian Gulf, particularly around the Strait of Hormuz, remains tense, with no clear indication of how these developments will impact the ceasefire or Iran's response. President Trump has stated that the Strait of Hormuz would reopen, but there is no evidence of free movement of traffic despite some vessels carrying energy cargoes leaving the Persian Gulf. 
