Market sources say Italian Prime Minister Meloni is considering holding a general election as early as April.

CENC officially determined a magnitude-3.1 earthquake occurred at 19:57 on June 23 in Haixi Prefecture, Qinghai (37.83N, 95.33E); hypocenter depth 10 km.

Traffic through the Strait of Hormuz has picked up as tensions ease, with more ships openly signalling intent to transit. AIS data on Tuesday morning confirmed seven vessels entering the strait: two fully laden non‑Iranian VLCCs outbound from the Persian Gulf, three bulk carriers underway, and two Iran‑flagged Suezmax tankers approaching from the opposite side. Kpler senior crude analyst Muyu Xu said the move reflects increased owner confidence "as the market expects Iran will not resume attacks on ships," but she cautioned it remains unclear whether safe, unrestricted passage has been fully restored.