Iran rejected talks with Trump envoys and asserted control over the Strait of Hormuz, challenging U.S.-led peace efforts.

Iran has refused to meet with top US envoys, casting doubt on peace prospects. Disagreements persist over a ceasefire and terms for lifting the Strait of Hormuz blockade. While…

Oil prices saw an uptick as Iran's refusal to meet U.S. envoys heightened tensions, impacting the fragile ceasefire. Despite recent declines following conflict de-escalation,…