By Mike Dolan March 25 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets There were some glimmers of hope in the energy markets on Wednesday as oil prices slipped back and stocks caught a break after Iran ‌indicated to the UN that it would allow some ships from non-combatant countries to pass through the Strait of Hormuz. Meantime, Washington ‌continued to talk up the chances of negotiation, with reports circulating of a 15-point plan involving a mon ...

Morning Bid: Fifteen points to ponder | Reuters Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman's Musandam governance, amid the U.S.-Israeli conflict with Iran, in United... Purchase Licensing Rights, opens new tabRead more March 25 - What matters in U.S. and global markets today By Mike Dolan, opens new tab, Editor-At-Large, ...

For weeks, President Trump has scrambled to respond. He issued a 48-hour ultimatum threatening to “obliterate” Iran’s power plants if Tehran did not reopen the strait. Iran countered by threatening to mine the Persian Gulf and target American energy infrastructure in the region. Trump then postponed his deadline amid what the White House described as diplomatic progress—a face-saving maneuver that former Defense Secretary James Mattis warned could ultimately cede the strait to Tehran’s influence. “You’d see ...

RT Glenn Diesen (@Glenn_Diesen)Iran has made it clear that there is no going back to the way things were—crippling sanctions and constant threats from US military bases in the Gulf states. Given that political agreements are seen as meaningless and diplomacy as deceptive, Iran has decided that the US must be expelled from the region. The Gulf states cannot survive without access to the Strait of Hormuz; their access may therefore be conditioned on paying taxes as reparations and selling their oil in other c ...