Monday, 29 June 2026

day one-hundred twenty (13. 571)

Maritime traffic through the Hormuz has declined sharply, Tehran saying no further talks are scheduled despite Trump’s claim for a technical working group meeting in Doha on the logistics of safely operating the strait, the truce still holdings as both the US and Iranian military actions are paused. Inflation in Iran flirts with a sixty percent increase as the price of food staples have nearly doubled since the start of the conflict, supposedly some six billion dollars of Iranian deposits will be unfrozen. Tension continue to rise with Oman over the disposition of the waterway with Muscat competing to open more routes and opposing tolls. IDF incursions into southern Syria draw condemnation from Middle East nations.