US Strikes Iran Targets as Trump Hails Progress on Talks

Summary

Bloomberg reports that US and Israeli jets struck Iranian vessels and missile launch sites in the Strait of Hormuz, hours after President Trump suggested progress in negotiations. The strikes highlight the fragile nature of talks, with a potential breakthrough still possible. Markets are looking through the turbulence, with S&P 500 futures leaning positive on deal hopes.

• US and Israeli jets conducted strikes on Iranian assets in the Strait of Hormuz.
• The strikes occurred despite Trump signaling progress in nuclear negotiations.
• Iranian delegation heading to Doha for further talks; Pakistani military chief also attending.
• Trump is pressuring four Arab Gulf states to join the Abraham Accords as part of the deal.
• Marco Rubio said a deal could still come in the next few days.
• Markets are largely ignoring the geopolitical turbulence, with S&P futures pointing to a positive open.