GeopoliticsJuly 21 at 02:13 AM

Iranian military source reiterates that the Strait of Hormuz remains closed, Fars reports

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Iran's closure of the Strait of Hormuz has stalled maritime traffic and triggered oil price volatility, with Goldman Sachs forecasting $120 Brent if disruptions continue amid escalating US military tensions.

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Geopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

Geopolitics

Iranian military source reiterates that the Strait of Hormuz remains closed, Fars reports

What do investors think?

Today's market highlights

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

Only 'one or two issues' remain unresolved in Iran-Oman talks, a senior diplomatic source tells Al Jazeera