The price of Brent oil fell 2.4% after President Donald Trump's announcement that the United States plans to escort ships transiting the Strait of Hormuz. Crude oil fell to $105.55 a barrel, while S&P 500 index futures rose 0.1 percent in early trading.
In the same message where he announced the “Freedom Project”, Trump also described the negotiations with Tehran as “very positive” after he received the response from the Iranian regime to his latest proposal to end the war. These steps could pave the way for a possible agreement, although uncertainty about the conflict persists
Today, in the early hours of the day, Iran said that it received the US response to its plan through Pakistani mediators and that it is reviewing it. The plan reiterated Tehran's previous demands, with a 30-day window to reach an agreement while Hormuz opened and the U.S. blockade on Iranian ports was lifted, something Trump continues to reject in public and in private










