Sun 28 Jun 2026
FTSE 100 10,508.02 +1.40%Microsoft 372.97 -1.69%NVIDIA 192.53 -8.62%Apple 283.78 -4.78%Google 334.69 -8.92%S&P 500 7,354.02 -1.95%Nasdaq 25,297.62 -4.60%Dow 51,876.11 +0.60%Russell 2000 3,010.08 +1.02%US 10Y Treasury 4.37% -3.04%Euro Stoxx 50 6,221.55 -1.42%DAX 24,671.22 -1.26%AEX-Index 1,060.73 -2.05%Nikkei 225 69,360.88 -4.14%Hang Seng 22,671.86 -5.24%Gold $4,096.30 -0.81%Silver $59.67 -3.78%Brent Crude Oil $72.60 -5.81%Natural Gas $3.28 +4.19%Copper $6.21 +1.07%GBP/USD 1.3198 -0.08%GBP/EUR 1.1589 +0.59%GBP/AUD 1.9151 +1.54%Bitcoin (USD) $59,379 -2.65%Ethereum (USD) $1,566 -3.30%FTSE 100 10,508.02 +1.40%Microsoft 372.97 -1.69%NVIDIA 192.53 -8.62%Apple 283.78 -4.78%Google 334.69 -8.92%S&P 500 7,354.02 -1.95%Nasdaq 25,297.62 -4.60%Dow 51,876.11 +0.60%Russell 2000 3,010.08 +1.02%US 10Y Treasury 4.37% -3.04%Euro Stoxx 50 6,221.55 -1.42%DAX 24,671.22 -1.26%AEX-Index 1,060.73 -2.05%Nikkei 225 69,360.88 -4.14%Hang Seng 22,671.86 -5.24%Gold $4,096.30 -0.81%Silver $59.67 -3.78%Brent Crude Oil $72.60 -5.81%Natural Gas $3.28 +4.19%Copper $6.21 +1.07%GBP/USD 1.3198 -0.08%GBP/EUR 1.1589 +0.59%GBP/AUD 1.9151 +1.54%Bitcoin (USD) $59,379 -2.65%Ethereum (USD) $1,566 -3.30%
Markets
Advertisement
Follow News in 60 on Facebook
UK Weather
London 22°C Partly CloudyBirmingham 20°C Partly CloudyManchester 19°C SunnyNewcastle 17°C SunnyBristol 19°C SunnyCardiff 17°C Partly cloudyEdinburgh 17°C Partly cloudyBelfast 18°C Sunny

Iran Rejects US Military Hotline Proposal Amid Rising Tensions

Advertisement
Follow News in 60 on Facebook

Iran’s Islamic Revolutionary Guard Corps (IRGC) has dismissed US claims of establishing a military hotline to ease tensions in the Strait of Hormuz. This rejection highlights the ongoing friction between the two nations, particularly as they continue to exchange fire in the region. The IRGC’s spokesman stated that there will be no direct communication with the US military, asserting that the Strait of Hormuz is Iranian territory, further complicating any potential diplomatic efforts.

The implications of this rejection are significant, as the Strait of Hormuz is a critical maritime route for global oil shipments. The absence of a direct communication line raises the risk of miscalculations during military encounters, which could lead to escalated conflicts. The US has already warned that violence will be met with force, indicating a precarious situation that could destabilize the region further.

Moreover, the IRGC’s stance may affect international shipping routes, as Iran insists on controlling the passage of vessels through the Strait. This could lead to increased insurance costs for shipping companies and potential disruptions in global oil supply chains, impacting prices and availability.

As tensions mount, the situation remains fluid, with the UK Maritime Trade Operations raising the threat level in the area. The lack of a communication channel could hinder efforts to prevent further incidents, leaving both military and commercial vessels vulnerable to conflict in this strategically vital waterway.

Source: Al Jazeera

Read more War news →

News Category: War Tags: iran, military, shipping, stratofhormuz, us

Leave a comment

Your email address will not be published. Required fields are marked *