Morning recap
Good morning Middle East Eye readers,
Iran insisted on Saturday it had "kept its word" on a ceasefire with the United States, after President Donald Trump insisted the truce was over but that he had agreed to further negotiations with the Islamic republic.
Iran’s foreign minister Abbas Aragchi said, "Violation follows other violations and missteps by the United States. Reality check: There can only be mutual compliance. "
US president Donald Trump, meanwhile, warned Iran that the country would be ‘completely decimated and destroyed’ if Tehran attempted to assassinate him.
Here are the latest developments:
• Media reports suggest that Washington has conveyed to Iran to publicly announce that traffic through Hormuz would be allowed toll-free while acknowledging Tehran messed up the truce by attacking vessels.
• Traffic in Hormuz falls sharply, as only six vessels passed on the night of 9- 10 July. This was the third night of reduced traffic in the critical waterway, where Iranian attacks on ships led to a renewed exchange of fire between the US and Iran.
• Saudi Crown Prince Mohammed bin Salman and US President Donald Trump discussed ongoing regional developments during a phone call, particularly the talks between the United States and Iran.
• The International Energy Agency (IEA) predicts that the recent escalation in the Gulf could upend its forecast that sees oil supply expanding in 2027.
• A team of Centcom military officials has arrived in Beirut to help implement the framework agreement between Israel and Lebanon ahead of the Rome talks.
