EU Market Open: Europe primed for a lower open amid weak APAC lead and continued Oil strength

Newsquawk Rundown, Daily Podcast · Aug 18, 2026 · 2m

US President Trump reiterated US control of the Strait of Hormuz, and that Iran wants to make a deal, but also stated that Iran won't make the deal he thinks is necessary and he is not seeking an extension of the Iran MoU.An understanding to extend the ceasefire between the US and Iran under the Islamabad MoU has been reached and agreed in principle, according to Pakistani journalist Anas Malick.US President Trump said he doesn't think Oman behaves very well, while he said they would handle them very easily.UKMTO said it received a report of an incident in the Strait of Hormuz, where a vessel…