On Saturday morning, Iran’s military command declared the Strait of Hormuz closed to all shipping traffic, citing continued Israeli strikes in Lebanon that allegedly violate a new ceasefire.
This strategic waterway is the world’s most vital artery for oil trade, and its closure threatens to immediately collapse a fragile peace agreement signed between the U.S. and Iran earlier this week. While Tehran calls the move a necessary retaliation, U.S. Vice President JD Vance stated there is currently no physical evidence of a blockade and expects the truce to hold. Internal confusion remains high in Iran, as the Revolutionary Guard pushes for escalation while the Foreign Ministry continues preparing for diplomatic talks.
Both nations are still scheduled to arrive in Switzerland on Sunday for technical negotiations aimed at salvaging the broader deal.
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