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Iran stops negotiations with U.S., vows to 'completely' block Strait of Hormuz: State media
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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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