By 
In Brief…
- Oil futures rose more than 1% Sunday after Tehran denied it was engaged in negotiations with the United States and laid out demands for reopening the Strait of Hormuz.
- US Central Command said that as of August 9, US forces had redirected 55 commercial vessels, disabled two and boarded two others to enforce compliance.
- US President Donald Trump said in an interview with Axios on Sunday that Washington was “low-keying it” with Iran and was only “semi-negotiating” with Tehran as the country faced what he called “huge inflation” and “no money.”
This is a developing story that HO1 will continue to monitor.
Check back for updates.
[UPDATE] US to unblock Iranian ports after transit through Strait of Hormuz restored
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