WS #13757
Iran's six demands and no-negotiation stance keep Hormuz closed, but Trump's willingness to walk away if reopened offers a de-escalation path; oil prices remain elevated. Pentagon memo demands faster delivery schedules from defense contractors as Iran war depletes munitions, boosting defense stocks.
US-Iran conflict and Hormuz blockade
Iran's six demands and no-negotiation stance keep Hormuz closed, but Trump's willingness to walk away if reopened offers a de-escalation path; oil prices remain elevated.
Pentagon memo demands faster delivery schedules from defense contractors as Iran war depletes munitions, boosting defense stocks.