U.S. Central Command Redirects 85 Vessels in Iran Port Blockade

U.S. Central Command said Monday it had redirected 85 commercial vessels and disabled four others as part of the blockade of Iranian ports that began in mid-April. The military updated the vessel count midday Monday, one hour after reporting 84 vessels redirected. CENTCOM posted that it continues to enforce the blockade strictly.

Oil prices rose overnight before easing Monday morning. 5 percent from Friday but still above the pre-war level of roughly $70. 1 percent in morning trading. Markets in Europe and Asia also showed mixed results.

Iran stated it had sent another amended set of terms for a potential peace agreement to the Trump administration through Pakistani mediators. Tehran said it is focused on ending the war and has not discussed nuclear matters. President Trump warned Sunday that the clock is ticking for Iran to accept a peace agreement and that there would not be anything left of the country if its leaders do not act quickly.

U.S. Treasury extended its sanctions waiver for Russian oil cargoes already at sea by 30 days. Treasury Secretary Scott Bessent said the extension will help energy-vulnerable countries access the oil and reduce China's ability to stockpile discounted crude.

Lebanon's health ministry reported that 3,020 people have been killed and 9,273 wounded in Israeli strikes since early March. Lebanese President Joseph Aoun said he is prepared to do whatever is necessary to stop the war. A truce between Lebanon and Israel was extended for 45 days last week. Since the ceasefire began on April 17, both sides have continued limited operations in southern Lebanon.