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U.S. Blockade Pressures Iran as Tehran Warns It Could Shut Wider Sea Lanes

Washington is using port controls to press Tehran back to Pakistan-brokered talks.

Overview

  • CENTCOM said Tuesday the first 24 hours of the naval blockade stopped sea trade to and from Iran, even as ship trackers showed a few vessels still moving through the Strait of Hormuz.
  • Iran’s military warned Wednesday it could stop exports and imports across the Persian Gulf, the Sea of Oman and the Red Sea if the blockade continues, saying the fragile ceasefire is at risk.
  • President Trump said talks with Iran could resume within days, and the UN chief called a restart highly probable with Pakistan keeping messages flowing after the Islamabad round collapsed.
  • Trump also claimed China agreed not to arm Iran and said the strait would be “permanently” opened, a claim Beijing has not confirmed and that Chinese officials criticized as risky.
  • Oil prices fell Tuesday on hopes of renewed talks, though the IEA still flags a severe supply shock because the Strait of Hormuz normally carries about one-fifth of global seaborne oil and gas.