Summary
President Donald Trump announced that the United States would start a naval blockade on ships entering or leaving Iranian ports starting at 10 a.m. ET on Monday. This move follows the collapse of peace talks with Iran in Pakistan. The blockade is intended to be enforced without bias against vessels from any nation, although Iran has warned of severe action against military vessels approaching the Strait of Hormuz.
Key Facts
- President Trump announced a naval blockade on Iranian ports starting Monday, 10 a.m. ET.
- The blockade comes after peace talks with Iran broke down in Pakistan.
- The U.S. Central Command stated the blockade would apply to all countries' vessels impartially.
- Free navigation will continue for vessels passing through the Strait of Hormuz to non-Iranian ports.
- Iran’s Revolutionary Guards warned that military ships near the strait would face strong action.
- The announcement caused oil prices to rise, with U.S. crude oil increasing by 8% and Brent crude by 7%.
