Wolfe Research notes US seized Iranian tanker, Iran vows retaliation, raising ceasefire uncertainty.
Conflicting statements from Iran’s foreign minister and IRGC leave status of Strait of Hormuz unclear, waterway remains closed.
Two‑week ceasefire pause expires this week; Trump hints US envoys may meet Iran in Pakistan, Tehran undecided.
Analysts say negotiations and economic coercion likely to continue, markets view the flare‑up as a modest short‑term setback.