Iran Denies Gulf Attack as Oil Markets Face Uncertainty

Iran Denies Gulf Attack as Oil Markets Face Uncertainty
Amid escalating regional tensions, Iran's Islamic Revolutionary Guard Corps has denied conducting attacks on Gulf States, even as Kuwait formally condemned what it describes as aggression in the region. Saudi Arabia has reported damage to oil facilities, raising concerns about potential disruptions to global energy supplies. These developments occur during a critical two-week ceasefire between the United States and Iran, negotiated just ninety minutes before Trump's deadline regarding the Strait of Hormuz expired. The temporary truce represents a significant diplomatic achievement, though tensions remain high as both nations prepare for continued negotiations. U.S. and Iranian negotiators are scheduled to meet on Saturday for talks aimed at resolving the underlying disputes.