Iran rebuilding military capacity during ceasefire

A senior Iranian lawmaker said Tehran is actively restoring its military capabilities during the current ceasefire, adding to concerns about regional stability and the trajectory of Middle East diplomacy. The U.S.-Iran ceasefire has been extended indefinitely, while Washington's naval blockade of Iranian ports remains in place and the Strait of Hormuz is still largely closed. Oil markets continue to price in elevated geopolitical risk. Brent crude was around $105.33 a barrel and WTI near $94.40, with Brent up about 14% over the past week. Indications that Iran is using the pause to rearm rather than de-escalate are likely to reshape expectations among negotiating parties and further undermine confidence in the ceasefire's durability.