Lates News

The US Central Command said that US and Israeli warplanes attacked multiple Iranian boats in the Strait of Hormuz several hours before. Earlier, Trump had said that negotiations were progressing on a temporary agreement with Tehran. The renewed fighting highlights the fragility of the ceasefire agreement between the US and Iran. In early Asian trading on Tuesday, S&P 500 futures fell after the latest developments, while West Texas Intermediate crude oil prices rose slightly and gold edged lower before stabilizing. Trump is currently facing pressure from hardliners in the US, such as Republican Senator Graham, who believe that too many concessions are being made to Tehran in the forming agreement.