Iran tightens leadership, while Hormuz remains closed and oil markets stay on edge

TL;DR Summary
Live updates show Iran reshaping its military leadership while the Strait of Hormuz remains closed; oil prices stay elevated as Tehran seeks sanctions relief, ending the blockade, and asset releases before reopening the waterway, with talks between the US and Iran faltering amid broader regional tensions and ongoing conflict.
- Live updates: US-Iran war news; Trump says US is ‘low-keying’ negotiations with Iran, as oil price climbs CNN
- U.S. oil price hits $80 as doubt grows Washington and Tehran will reach Strait of Hormuz deal CNBC
- Iran demands sanctions relief before reopening Strait of Hormuz qz.com
- Iran Insists Strait of Hormuz Will Stay Closed Until Trump Agrees to Demands The New York Times
- Oil prices, stocks surge as Hormuz closure drags on Al Jazeera
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