Iran war: What’s happening on day 62 as Trump asks Iran to ‘give up’?
Summary
President Donald Trump says the US blockade of Iranian ports is working and urges Iran to stop its nuclear program. Iran denies the blockade’s effect and says its military is holding back to allow for diplomacy. The standoff near the Strait of Hormuz has raised oil prices and increased fuel costs in the US.Key Facts
- President Trump calls the US blockade on Iranian ports a success and wants Iran to “just give up.”
- Iran’s Parliament Speaker says the blockade has not damaged oil production and raises global oil prices instead.
- The US aims to fill Iran’s oil storage to stop exports, but analysts say Iran has about 20 days of storage left.
- Russian President Putin told President Trump that extending the ceasefire with Iran was a good decision.
- Negotiations between the US and Iran are stuck over Iran’s nuclear program, frozen assets, the blockade, and war reparations.
- The crisis is affecting global energy markets, with oil prices rising above $120 a barrel and US gas prices hitting four-year highs.
- Iran condemned Bahrain for revoking citizenship from 69 people accused of supporting attacks linked to Iran.
- US Defense Secretary estimated the conflict has cost less than $25 billion so far; President Trump expects a long blockade.
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