Summary
- Oil soars on reports of Iran targeting US Jordan base; Iraqi militants attack KSA for 2nd day.
- Hormuz indirect talks continue amid reports of a possible resurrected MoU deal.
- Shipping remains stalled with virtually no tanker traffic through Hormuz.
- Iran insists Hormuz stays closed unless its terms are accepted.
- Houthis escalate attacks, prompting more ships to avoid the Red Sea.
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Fresh Unilateral Strikes on Jordan Base; Iraqi Militants Again Target KSA
Iranian state media in the overnight hours (local) are reporting fresh apparent Iranian missile attacks in Jordan. A “US base in Jordan was possibly targeted” after reports of explosions there, Fars and IRIB report. Tehran officials have insisted they have not requested US talks following the prior nearly two straight weeks of fighting, though a ‘pause’ took effect last Friday when President Trump ordered a halt to US airstrikes. The day was filled with headline hype of a potential ‘resurrected’ MoU deal. Once again these ‘deal is close’ headlines prove misleading and premature. CENTCOM is confirming on the heels of the Iranian media reporting:
Adding to the uncertainty and jitters of already sensitive global oil, Iraqi militants on Tuesday fired projectiles on Saudi Arabia for a second day, also amid the ongoing missile threat from Yemeni Houthis. According to the Associated Press:
Oil climbing on the headlines of the rare pro-Tehran aggression during a ‘pause’:

Below: unconfirmed initial image circulating…
Shipping Latest: Bab El Mandeb & Hormuz
Iran has reaffirmed that if Oman does not agree to its terms for the Strait of Hormuz, the the vital oil transit waterway will remain closed, per Iran’s Deputy Foreign Minister. This also as things are again heating up in the Red Sea region, with the Houthis late Tuesday announcing they’ve once again targeted a Saudi oil tanker for violating the blockade. Reuters reports:
According to separate reporting, China is holding direct negotiations with Yemen’s Houthis to ensure safe passage for its ships through the southern Red Sea.
And a US CENTCOM update on its latest figures: it says that as of Tuesday the US military has redirected 18 commercial vessels, disabled two, and boarded another two to “ensure full compliance of the US blockade against Iran.” The latest from Netanyahu’s meeting with Trump at the White House:
More vessels reportedly turning away from planned routes after Houthi threats:
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[ H/T The Burning Platform ]
