S&P 500 ▲ 7,543.64 · Brent ▲ $76.84 · Gold ▼ $4,129.20 · VIX ▼ 15.8 · 10Y UST ▼ 4.54%
Iran attacked three commercial vessels on the Omani coastal route, and Trump declared the US–Iran ceasefire over. The WSJ traces the collapse to Paragraph 5 of the June MOU. The clause hands Iran a co-administration role over Hormuz that Washington’s Gulf allies reject.…