European allies skeptical about Strait of Hormuz reopening by Friday. Key concerns: whether timeline is realistic, sanction relief structure, leverage on Iran, and toll question (Iran says toll-free only 60 days). Italy's Meloni may only join de-mining efforts. Ukraine focus: Zelenskyy arrives at G7 to re-engage US after Iran distraction, Trump suggests refocusing on Ukraine war.
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Oliver Crook 4.0
6/16/2026 9:53:44 AM
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Skepticism about Strait of Hormuz reopening timeline suggests oil supply normalization will take longer than markets expect, keeping oil prices volatile.

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