Strait of Hormuz will ‘not remain open’ if US blockade continues, Iran’s parliament speaker warns
U.S. President Donald Trump speaks during a Turning Point USA event at the Dream City Church.
Summary
Iran’s parliament speaker says the Strait of Hormuz will “not remain open” if the US blockade of Iranian ports continues
US President Donald Trump says the blockade will continue until a peace deal is reached, adding the waterway is “open and ready for business”
Earlier, Iran’s foreign minister said the Strait of Hormuz is “completely open” to commercial ships for the remainder of the ceasefire, but tracking data shows very few vessels actually transited through it
Trump adds that Iran has “agreed to everything”, including the removal of enriched uranium from the country to the US – Iran denies the claim
The US president is projecting a diplomatic victory, but there are still clear differences between the two sides, our North America correspondent writes
Oil prices fall by nearly 10% after Iran’s announcement – but analysts warn there could be a hit to prices that outlast hostilities
