The United States and Iran are set to hold a second round of talks on Monday, following an initial dialogue held in Pakistan’s capital over the weekend, according to a source familiar with the discussions.
Iran has warned it could close the Strait of Hormuz if the United States does not lift sanctions on Iranian ports in the Gulf, Iran’s parliamentary speaker Bagher Ghalibaf said.
US President Donald Trump has said that Washington will maintain its naval blockade on Iran despite Tehran reopening the strategically vital Strait of Hormuz to commercial shipping.
Commercial vessels can pass through the Strait of Hormuz along a determined route with the permission of the Islamic Revolutionary Guards Navy, Iran’s state TV reports, citing a senior military official.
Global oil prices have fallen sharply following Iran's announcement that the Strait of Hormuz would remain open to all commercial vessels.
The Strait of Hormuz will remain completely open during the ongoing ceasefire in Lebanon, Iranian Foreign Minister Abbas Araghchi has said. According to him, all commercial vessels will be able to transit through the strait without hindrance during the 10-day truce period.