On Monday, several oil and LNG tankers successfully transited the Strait of Hormuz, marking the first major movement since a 95% traffic plunge began in February.
This exit of over 6 million barrels of crude and gas to Asian markets suggests a breakthrough in secretive negotiations between the U.S., Israel, and Iran. While some vessels used "dark transit" tactics—turning off transponders to evade detection—others followed a new route officially designated by Iranian authorities. Global oil prices dropped nearly 6% on the news as traders bet on a more permanent reopening of the world's most critical energy chokepoint.
Observers are now watching for a formal diplomatic announcement as the White House hints that talks are entering their final stages.
.Here are the top political news stories for today.
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