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Oil prices increased as Iran’s Foreign Minister, Abbas Araghchi, stated the Strait of Hormuz will remain closed without significant US concessions, including eased sanctions. Brent crude rose over 1% to $83.77 a barrel, reflecting market anxiety amid disrupted shipping through this critical waterway.

What’s going on?
Israel has rejected Donald Trump’s proposed plan to disarm Hamas and withdraw Israeli forces from Gaza. This decision was confirmed by Israeli Prime Minister Benjamin Netanyahu amidst ongoing tensions in the region. The plan has been met with significant opposition internally and from various political factions.

Coverage contrasts between different outlets. The Washington Post states, “Netanyahu rejects Trump-backed Gaza plan for Hamas disarmament, Israeli withdrawal,” focusing on the rejection of Trump’s proposal. In contrast, WANE 15 highlights the nuance with, “Netanyahu rejects plan to disarm Hamas in rare break with Trump,” suggesting a deliberate fracture in relations and policy alignment with the former president.

Coverage analysed: The Washington Post | WANE 15 | The New York Times | KRON4