CNN, citing US officials, said that when Iran claimed strikes on US military targets in the Middle East, US forces detected several drones that did not hit their targets.

Schnabel warned that even if a U.S.-Iran peace deal reopens the Strait of Hormuz, price pressures could be stronger than expected. She said food, goods and services inflation face upside risks and an energy-price shock could spill over more broadly. While welcoming recent energy-price declines tied to peace prospects, she cautioned against complacency, saying uncertainty remains high even as an announced deal reduces the probability of a worst-case scenario, and that oil is likely to stay elevated as the strait reopens only gradually. Seen as the Governing Council’s most hawkish member, Schnabel reiterated she expects the ECB to raise rates further to bring inflation back to 2% in the medium term; consumer inflation expectations have risen but there are not yet signs of wage pressures.

Iranian state television reports Iran’s transit directive for the Strait of Hormuz remains in effect; all vessels transiting the strait must contact and coordinate with the Islamic Revolutionary Guard Corps Navy (IRGC Navy).