finance
U.S. Officials Hold Talks on Iran Ceasefire and Vatican Meeting
Defense officials stated the ceasefire with Iran remains in effect and urged prudence, while energy experts highlighted risks to global markets from potential disruptions in the Strait of Hormuz. Discussions also touched on opportunities in electricity and nuclear energy amid rising prices. Separate reports noted shifts in financial sectors and international diplomacy.
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U.S. defense officials affirmed that the ceasefire with Iran is not over. The statement came as Energy Capital founder Doug Kimmelman said electricity is the opportunity in the energy sector now. Separately, Ambassador to the Holy See Jim Nicholson told The Hill that a planned meeting between Secretary of State Marco Rubio and Pope Leo XIV will include a “frank conversation” about policies.
According to CNBC, Kimmelman made the electricity remark in a May 5, 2026 interview. The Hill reported on May 5, 2026 that Nicholson described the upcoming Vatican meeting as one in which Rubio would speak directly about U.S. policies. No publicly released evidence has documented specific Iranian responses to the ceasefire affirmation.
The vessels’ operators have not been publicly identified by the U.S. government in available reporting.
The original coverage also included an unattributed claim that higher energy prices stemming from the Iran war could push the world into a recession, citing Citadel CEO Ken Griffin. Companies continue to report that traversing the Strait of Hormuz remains unsafe, according to RBC’s Helima Croft in the same May 5 CNBC segment.
Iran’s foreign ministry has not commented as of the dates referenced in the source bundle.
In unrelated financial news from the same day, Anthony Pompliano said at Consensus 2026 that “BlackRock is now a bitcoin company.” The source bundle contains no direct quotes from Pentagon or State Department spokespersons on escort operations such as Project Freedom or on nuclear energy investment beyond the electricity comment.
