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RAVE plummeted over 63% in a two-hour period, and is now trading at $12.45.

2 hours ago

April 18th — Per HTX market data, RAVE’s volatility has surged sharply over the past two hours, plunging from $24.42 to a low of $8.88 at one point (a maximum drop of over 63%). It has since rebounded to roughly $12.50.
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Islamabad Traffic Control Upgrade in Preparation for US-Iran Negotiations

April 18 – A ban on heavy vehicles entering Pakistan’s capital Islamabad took effect early Wednesday (April 18). Local long-distance bus terminals have tightened control measures, while metro and bus services have also been scaled back. The core of Islamabad’s latest transport upgrade is to use absolute physical space security to bolster fragile diplomatic trust, thereby enhancing "mutual confidence." The move aims to prove to Washington and Tehran that Islamabad’s negotiation venue is not merely a geographic transit point but an absolute security hub for information and safety. The Pakistani government has yet to announce a timetable for the next round of U.S.-Iran talks. (Source: Jinse)

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Iran's control of the Strait of Hormuz includes collecting associated fees

Tuesday, April 18 Iran’s Supreme National Security Council said the country’s oversight of the Strait of Hormuz encompasses collecting fees for security, safety and environmental protection services. According to Iranian outlet Mizan, Iran will not reopen the Strait of Hormuz as long as the U.S. maintains its blockade, and Tehran is reviewing Washington’s latest proposal. (Jinse)

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Trump: Having Very Good Conversations with Iran, Iran Can't Extort the United States

April 18 — U.S. President Trump said the U.S. is having very good discussions with Iran. Iran is again threatening to shut down the Strait of Hormuz, and Trump noted Iran cannot ransom the U.S. More details are expected by day’s end.

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Iran is determined to control traffic in the Strait of Hormuz until the end of the war

April 18 — Iran’s top national security body said it is committed to controlling maritime traffic through the Strait of Hormuz until the war ends and lasting peace is established in the region.

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US Media: Iran Conducted at Least Three Ship Attacks in the Gulf of Oman on Saturday

April 18 — An Axios reporter cited a U.S. Department of Defense official as stating that Iran’s Islamic Revolutionary Guard Corps (IRGC) has launched at least three attacks on commercial vessels in the Strait of Hormuz since Saturday morning local time.

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USCENTCOM: US Military Conducting Maritime Blockade on Vessels Entering or Exiting Iranian Ports

April 18: U.S. Central Command (CENTCOM) said 23 ships have followed U.S. military instructions to reverse course since the Strait of Hormuz blockade began. The U.S. military is enforcing a maritime blockade on vessels entering or departing Iranian ports and coastal areas.

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