This account treats the date above as the time of the underlying event, not as a publication date. It is confined to what the cited reporting established at that point. Details that were uncertain, attributed, provisional or still developing remain presented on those terms, and no later result is assumed.
What the reporting established
The strait of Hormuz will be opened although under new conditions to be set by Iran and Oman, including a transit fee, Iran’s ambassador to Moscow has been quoted as saying. The US-Israeli war on Iran has largely cut oil flows via the strait, and although several tankers have managed to leave the Gulf recently, oil and liquefied natural gas flows are still severely constrained.
At 9.53am (0053 GMT) Japan’s Nikkei 225 was off 3.41% while South Korea’s Kospi was down 6.81%. Brent crude was up 2.4% at $95.32 a barrel, while West Texas Intermediate was 2.3% higher at $92.59, AFP reports.
“Overnight, we have seen escalation again,” Kaja Kallas stated. I think the region does not need an escalation, although actually that parties sit down to a negotiation table and agree.” Stocks in Asia fell sharply and oil prices rose early on Monday following Iran fired missiles at Israel and following heavy losses on Wall Street.
This blog is now closed This blog is now closed – our live coverage of the Middle East crisis continues here We’re closing this page and moving our live coverage to a new blog here, including a fresh summary of the latest developments. The EU’s top diplomat urged calm on Monday following Iran and Israel traded strikes, testing the fragile truce and threatening to drag the Middle East region back into war.
Scope of the record
The record is most useful when read as a contemporaneous snapshot. It identifies the central development, the people or institutions directly involved and the consequences described by the available reporting. Statements made by officials, witnesses or other parties are not converted into independent findings; their source and status remain material to understanding the account.
The evidence also sets limits on the conclusions that can safely be drawn. It does not support speculation about motives, responsibility or subsequent outcomes beyond what was explicitly reported. Figures and operational descriptions can be revised as fuller information emerges, so the numbers and characterisations here belong to the dated record rather than a final historical tally.
