Iran reportedly stopped an oil tanker in the Strait of Hormuz, while Donald Trump announced a peace deal with Iran is coming soon. However, Iran says no final agreement has been reached, causing uncertainty for global oil markets and regional stability.
Iranian forces reportedly stopped an oil tanker trying to pass through the Strait of Hormuz. State media said the vessel did not have the necessary permission.
At the same time, former US President Donald Trump announced a peace deal with Iran could be signed very soon. He suggested this might happen in Europe this weekend.
However, Iranian officials quickly stated that no final agreement has been reached. They added that the US has changed its positions during the discussions.
Despite the mixed messages, hopes for a peace deal caused oil prices to drop. Stock markets in Asia also saw a positive reaction.
The World Bank recently warned that the ongoing conflict is harming global economic growth. They lowered their growth forecast to a level not seen since the pandemic.
