Brent crude futures surged by approximately 3% on Tuesday to reach $111.48 per barrel, driven by stalling international efforts to end the war on Iran, which has heightened market fears regarding the stability of global supplies.
اضافة اعلان
Diplomatic Deadlock
On Monday, a U.S. official stated that President Donald Trump is dissatisfied with the latest Iranian proposal to end the conflict. Iranian sources revealed yesterday that Tehran’s proposal avoided addressing its nuclear program, deferring the issue until hostilities cease and maritime disputes in the Gulf region are settled.
Trump's dissatisfaction indicates that the conflict has reached an impasse. Currently:
Iran continues to block navigation through the Strait of Hormuz, a vital artery through which approximately 20% of global oil and gas consumption typically passes.
The United States maintains its blockade on Iranian ports.
Maritime Disruptions
A previous round of negotiations between the United States and Iran collapsed without reaching an agreement.
Ship-tracking data has revealed significant disruptions in the region, with six Iranian oil tankers forced to turn back due to U.S. control measures.
Source: Al-Mamlaka + Reuters
