Three vessels were attacked in the Strait of Hormuz after President Donald Trump announced an indefinite cease‑fire extension with Iran.
Iran’s Islamic Revolutionary Guard Corps claimed to have seized two ships, while a UK maritime monitor reported a separate container ship attack.
Brent crude futures rose to just below $100 per barrel, sparking inflation concerns and potential central‑bank rate hikes.
US‑Pakistan‑led cease‑fire talks stalled, with Vice President JD Vance’s Pakistan visit postponed and diplomatic uncertainty persisting.