Dossier
Sal Mercogliano
Coverage of Sal Mercogliano in the Nexus archive.
Strait of Hormuzplace2Bob McNallyperson1Rapidan Energy Grouporganization1U.S. Central Commandorganization1Islamic Revolutionary Guard Corpsorganization1Campbell Universityorganization1Iranplace1United Statesplace1U.S.organization1Iranorganization1Central Commandorganization1Bahrainplace1Kuwaitplace1Qatarplace1Jordanplace1Omanplace1memorandum of understandingtopic1
- Rising tempo of combat in battle for Hormuz threatens market’s confidence that the worst is over on Iran. ‘There’s a lot of complacency’
Rising combat in the Strait of Hormuz has heightened market uncertainty, with U.S. stock futures declining and oil prices rising moderately. The U.S. and Iran have exchanged strikes and counterstrikes, while traders remain cautiously confident about a recovery in Gulf oil shipments.
- The ‘facade’ of the U.S.-Iran ceasefire crumbles after after largest round of fighting in months — ‘an undeclared naval war can escalate’
The U.S. and Iran have escalated military actions in the Strait of Hormuz, with the U.S. striking 300 Iranian targets and Iran attacking Gulf Arab neighbors, undermining a recent ceasefire agreement. Both sides accuse each other of obstructing maritime traffic, while analysts warn the fragile MOU could lead to further escalation.