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2026-04-12 · 16:47 UTC

The US-Iran standoff has intensified sharply. Trump announced a full naval blockade of the Strait of Hormuz following the collapse of 21-hour Pakistan-brokered talks between Washington and Tehran. IRGC has threatened to trap US forces in a "deadly vortex" while Iran denies US warships transited the waterway. Oil prices are spiking as RDIF's Dmitriev projects $150/barrel achievable this week. Hungary's election count continues with Orbán's Fidesz party maintaining a lead but the final outcome still uncertain. Pope Leo XIV has publicly condemned the US-Israel war on Iran, describing it as driven by "delusion of omnipotence."

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