Anonymous1 day ago
The US and Iran are negotiating a two-week ceasefire extension on day 43 of the Strait of Hormuz closure, with tanker traffic at zero, Brent crude above $100, and the IMF cutting 2026 global growth to 3.1% on energy-shock risk. Core sticking points are uranium enrichment, sanctions sequencing, and reopening the strait; hardline factions in both Tehran and Washington could still unravel any deal. If the closure extends past 90 days, IMF severe-case projections show global growth falling to 2% and inflation topping 6%, with fertilizer and food-security shocks rippling into 2027.