Israel’s Ben Gvir rejects US‑Iran Strait deal, says it doesn’t bind Israel
US President Donald Trump announced a deal with Iran to end their war and reopen the Strait of Hormuz, a move that sent global crude oil prices falling significantly. Iranian Deputy Foreign Minister Kazem Gharibabadi confirmed the memorandum between Tehran and Washington had been finalized. Israel’s far‑right national security minister Itamar Ben Gvir denounced the agreement on his Telegram channel, stating it does not bind Israel and does not safeguard its security, insisting that Hezbollah must be dismantled. For Nigeria, a major oil exporter, the Strait of Hormuz is a critical chokepoint for global oil shipments; any tension there directly influences oil prices and thus national revenue and fuel costs. While the US‑Iran deal could ease market pressures and stabilize prices, Ben Gvir’s rejection raises the risk of renewed regional conflict that could disrupt shipments again. Readers should monitor oil price trends, consider how fluctuations affect personal fuel expenses and broader economic planning, and stay alert to further diplomatic developments that could alter regional stability.