Talks Falter as Hormuz Violence Grows

• US CENTCOM launched waves of strikes against 140 Iranian military targets, following Iran's targeting of a Qatar-flagged ship.
• Drone and missile attacks were reported in Oman, Jordan, Kuwait, and Bahrain, with casualties including a child in Qatar.
• Technical talks aimed at de-escalation are facing resistance from hardline factions in Iran, despite efforts by mediating powers.
• The Strait of Hormuz remains a critical chokepoint for crude oil and LNG exports, with Gulf allies concerned about continued disruptions.

Renewed military strikes and counter-strikes between the US and Iran in and around the Strait of Hormuz are escalating geopolitical tensions. Diplomatic efforts have faltered, with Gulf allies pressing for de-escalation as shipping and regional security remain under threat. The situation poses significant risks to global energy markets.