As The Cease Fire Turns
• Latest on ceasefire: President Donald Trump said the ceasefire between the US and Iran is on “massive life support” following Iran’s latest counterproposal to end hostilities, which he called “simply unacceptable.” The talks are unlikely to make significant progress until the US president meets his Chinese counterpart Xi Jinping later this week, a regional source told CNN.
• Iran rejects criticism: Iran’s Foreign Ministry said earlier that its proposal, which state media reported included recognition of its sovereignty over the Strait of Hormuz, was “reasonable” and “generous.”
• Strait of Hormuz: Oman’s foreign minister said there is an “urgent need” to free ships stranded along the strait, following a meeting with the International Maritime Organization. The critical global shipping route passes between Iran and Oman. (CNN)
The lives of many across the globe continue to be interrupted with the price of energy commodities fluctuating from day to day. Countless stories of American cutting back and not spending as much permeate the media landscape as gas prices have sky rocketed since the beginning of the war. Now bringing prices back to Earth and trying to get back to a sense or normalcy is another matter because what goes up sometimes doesn’t come back down for a long long time.
