U.S. President Donald Trump intensifies his rhetoric toward Iran, demanding the Islamic Republic pay reparations for past attacks amid ongoing negotiations over the reopening of the Strait of Hormuz. The strategic waterway, a vital global energy chokepoint, remains closed to commercial shipping with talks still unresolved between the U.S., Iran, and Oman. Market odds for Iran charging transit fees by October 31, 2026 have risen to 44.5%, up from 42% just 24 hours ago, reflecting heightened uncertainty. Short-term expectations remain subdued, with an 8% likelihood of fees by the end of August, indicating market participants do not anticipate an immediate resolution to the crisis.
Source: Read the original article
