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⚠️President Trump has extended the ceasefire, but NOTHING has been resolved:
President Trump posted on Truth Social after Tuesday's market close that the ceasefire will be extended until Iran submits a unified proposal, while directing the military to continue the naval blockade.
This comes as none of the core issues have been resolved, with Iran showing no willingness to enter negotiations while the blockade remains in place.
Meanwhile, Iranian state media simultaneously circulated signals that Washington is privately ready to lift the blockade.
So far, the outcome is neither peace nor resolution.
The Strait of Hormuz remains closed, the blockade holds, and both sides continue to trade hostile rhetoric.
This is clearly not a foundation for falling oil prices, stability, or economic growth.
Markets are feeling the jitters, with WTI at $91 and Brent at $99, both rising over 1%.
The world cannot absorb this stalemate much longer.
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