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The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 19h

An Iranian official has indicated that Tehran will communicate its response to the United States' proposal for ending the ongoing conflict through Pakistan, amidst fluctuating diplomatic signals and concerns about the escalating situation affecting oil supply routes in the Strait of Hormuz. #Iran #Diplomacy #OilSupply #IR #PK #US #KR

www.nytimes.com
U.S. Awaits Iran's Response to Latest Peace Proposal to End War
An Iranian official said that Tehran would convey its reply through Pakistan, a key mediator. Another Iranian official had earlier dismissed a reported proposal to end the war as a "list of American wishes.
R
Reuters @reuters.com Β· London πŸ‡¬πŸ‡§ Β· 2d

Despite potential peace between the U.S. and Iran, global oil supplies are projected to tighten further in the coming weeks due to depleted storage levels and a slow recovery in shipments, leading to heightened stress on the energy system as summer demand peaks. #OilSupply #EnergyMarket #GlobalEconomy #US #IR #AU #EU #QA #IE #SG

www.reuters.com
Oil supply shock to worsen as inventories fall further even if conflict ends
LONDON, May 6 (Reuters) - Oil supplies are set to tighten further in coming weeks even if the U. S. and Iran agree on a peace deal to end their war because it will take weeks for oil shipments to resume from the Middle East Gulf and reach refiners worldwide - so oil companies will continue to deplete storage tanks to meet peak summer demand.
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 3d

U.S. Central Command reported the passage of two American commercial ships through the Strait of Hormuz, while tensions escalated due to recent drone attacks by Iran on vessels and warnings against uncoordinated transits, prompting shipping companies to hesitate in sending ships through the strait amid fears of hostilities and high insurance costs. #MaritimeSecurity #StraitOfHormuz #OilSupplyChain #US #AE #IR #KR #IN #GB #SA

www.nytimes.com
Iran War Live Updates: Tehran Threatens U.S. Ships Over Trump Plan to Break Its Blockade in the Strait of Hormuz
On Monday, U. S. Central Command said two American commercial ships had sailed through the Strait of Hormuz, but did not give their names or say when they made their passage.