Trump Says U.S. Will Blockade Strait of Hormuz After Iran Peace Talks Fail
Trump’s statement came after more than 21 hours of talks between the U.S. and Iran failed to find a solution to ending the war.
President Trump says the United States will blockade the Strait of Hormuz, stepping up pressure on Iran after peace talks in Pakistan ended without a breakthrough. Imtiaz Tyab has more.
Trump’s statement came after more than 21 hours of talks between the U.S. and Iran failed to find a solution to ending the war.
US Navy to impose blockade today in bid to choke off flow of Iranian oil Explainer: strait of Hormuz blockadeBusiness live – latest updatesOil prices have jumped back above $100 a barrel after weekend talks between the US and Iran ended without an agreement and Donald Trump imposed a blockade of the strait of Hormuz.The US president announced the blockade…
President Donald Trump said the US will begin a full naval blockade of the strategic Strait of Hormuz and threatened to retaliate in the event of Iranian resistance, escalating a standoff that has already brought the waterway to a near standstill and disrupted global energy supplies.
After walking out of peace talks in Pakistan, the U.S. and Iran are now playing a game of chicken.
"I think Iran is in very bad shape. I think they’re pretty desperate," Trump said
Retired Army Gen. Jack Keane urged President Trump to take action to break Tehran’s control over the Strait of Hormuz. In a Friday interview on the “Cats & Cosby” radio show, Keane told hosts John Catsimatidis and Rita Cosby that the U.S. should stop Iran’s oil-carrying ships from reaching their destinations in places like China,…
"Any Iranian who fires at us, or at peaceful vessels, will be BLOWN TO HELL!" President Trump wrote.
President Trump responded to the collapse of high-stakes negotiations with Iran by escalating the conflict on Sunday, ordering a full blockade of shipping through the Strait of Hormuz - a risky move that could drive global oil prices higher and provoke confrontation with a far more formidable adversary.
Oil prices jumped over 7% to well over $100 per barrel when markets opened Sunday evening.Why it matters: The latest surge shows that traders don't see last week's ceasefire deal reviving large-scale tanker transit through the Strait of Hormuz — and it undoes a large amount of the price drop that followed the pause in hostilities.Continued high prices will…