— A Recap of Recent Key Developments

— 🇮🇷 IRGC Navy official Ali Mohammadi says Iranian forces are conducting nightly operations in the Strait of Hormuz, targeting ships accused of breaching Tehran’s maritime restrictions.

— 🇺🇸/🇮🇷 US President Donald Trump describes ongoing contacts with Tehran as “productive discussions” and pledges to refrain from further military strikes until after the November 3 midterm elections.

— 🇺🇸/🇮🇷 Oil prices climbed roughly 4% amid renewed fears of disruption in the Strait of Hormuz, with Brent closing at $104.28 per barrel and WTI at $91.49.

— 🇺🇸/🇮🇷 US Treasury Secretary Scott Bessent vows further action against those facilitating Iranian oil exports, following new sanctions targeting 27 companies, six individuals and 22 vessels.

— 🇺🇸/🇮🇱/🇵🇸 Democratic Senator Jon Ossoff accuses Israeli forces in Gaza of breaching the law of armed conflict and international humanitarian law.

— 🇺🇸/🇮🇷 Iranian lawmaker Alaeddin Boroujerdi rejects suggestions that Tehran is pursuing nuclear weapons, responding to remarks by US Vice President JD Vance.

— 🇸🇦 Saudi Central Bank Governor Ayman Al-Sayari credits sustained investment in energy infrastructure with helping the kingdom maintain supplies despite shipping disruptions in the Strait of Hormuz and Red Sea.

@interbellumnews