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world1d ago
Iran stops negotiations with U.S., vows to 'completely' block Strait of Hormuz: State media
- Iran will stop exchanging messages with the U.S. through intermediaries and move to fully block the Strait of Hormuz.
- Oil prices jumped more than 7% after Tasnim's report amid fears of reduced shipments through Hormuz.
- Tasnim linked the threat to ceasefire violations and Israel’s actions in Lebanon in its translated Telegram post.
- The White House and U.S. Central Command did not immediately respond to CNBC's request for comment.
- Iran’s stance signals potential sustained disruption to Hormuz oil exports if tensions persist.
- Ship traffic through Hormuz remains largely choked, with prewar levels not yet restored.
- The report ties the strike to broader tensions in the region, including Israel's actions in Lebanon.
- Iranian Foreign Minister Abbas Araghchi characterized the ceasefire as universal across fronts, including Lebanon.
- The report notes a broader pattern of recent attacks and escalations affecting U.S.-Iran and regional dynamics.
- Analysts note the claim could complicate efforts to reopen Hormuz to industry and oil markets.
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