Oil prices had climbed earlier on fears of stalled talks and Hormuz closure

US logistics and security team is already in Islamabad for talks

Hezbollah wants truce to continue, says Israel must comply

Iran showcased its tightened grip over the Strait of Hormuz yesterday, releasing footage of commandos storming a large cargo ship and announcing its first proceeds from tolls imposed on vessels transiting the waterway.

Vows continued maritime enforcement against vessels supporting Iran 

US President ramps up pressure on Iran to reopen strait

Iran proven resilient to past oil revenue declines, regime unlikely to concede quickly 

Deputy Hajibabei confirms first proceeds from shipping tolls collected 

Six crude carriers transited with AIS data switched off

Food insecurity expected to peak in coming months

Aid shipment sent via Red Crescent after decision of PM Tarique Rahman

Her employer, the Lebanese daily newspaper Al-Akhbar, also announced her death.

Investors have spent most of the week upbeat that a breakthrough to end the seven-week conflict will be made soon, while healthy earnings and a resumption of the AI trade has also provided support.

Iran's elite Revolutionary Guards said they forced two ships to the Iranian shore from the Strait of Hormuz, the narrow gateway for one-fifth of the world's oil.

Uncertainty over the Strait of Hormuz deepened yesterday after Iran’s Revolutionary Guards seized two container ships trying to cross, hours after US President Donald Trump unilaterally extended a ceasefire to allow more time for talks.

Iran and US remain divided on ceasefire, blockade, nuclear issues and control of strait

Increasing pressure on Baghdad to dismantle powerful Iranian-backed groups, the Wall Street Journal reported on Tuesday

Trump said in a statement on social media the US had agreed to a request by Pakistani mediators "to hold our Attack on the Country of Iran until such time as their leaders and representatives can come up with a unified proposal

Washington targets 14 entities aiding Iran’s weapons procurement

The two sides have offered different timelines for the expiration of the truce