File image.
Iran reversed course on reopening the Strait of Hormuz on April 18, reimposing restrictions on the strategic waterway — responsible for 20% of the world’s total oil and liquefied natural gas shipments — after the United States said that the move would not end its blockade.
The Islamic Republic joint military command says that the “control of the Strait of Hormuz has returned to its previous state … under strict management and control of the armed forces.”
It warned that it would continue to block transit through the strait as long as the US blockade of Iranian ports remained in effect.
The announcement came the morning after U.S. President Donald Trump said that the American military blockade on Iranian ports “will remain in full force” until the Islamic Republic reaches a deal with the U.S., including on its nuclear program.
Iran’s parliament speaker and top negotiator Mohammad Bagher Ghalibaf warned earlier that the Islamic Republic could re-close the Strait of Hormuz.
“With the continuation of the blockade, the Strait of Hormuz will not remain open,” Ghalibaf wrote on X, adding that passage through the waterway would depend on authorization from Iran.
Ghalibaf noted that Trump made seven different claims about the war within an hour, all of which were false. The U.S. “did not win the war with these lies, and they certainly will not get them anywhere in negotiations either,” he added.
The parliament speaker cited a statement from Iran’s foreign ministry spokesperson who disputes each of Trump’s claims in more detail.
Trump claimed there are no sticking points with Iran regarding a deal and that the Islamic Republic has agreed to give up its stockpiles of enriched uranium. However, the foreign ministry spokesperson said in a statement, “Iran’s enriched uranium is not going to be transferred anywhere under any circumstances.”
Among the other claims made by Trump was that the Islamic Republic had agreed to cease support for regional allies, like Hezbollah in Lebanon and the Palestinian Hamas Movement.
Following these claims, U.S. crude oil plunged 12% to nearly $83 per barrel, while international Brent crude also slid more than 11% to around $88 per barrel.
CNN reported, citing Iranian sources, that a second round of American-Iranian peace negotiations is expected to be held in the Pakistani capital, Islamabad, on April 20. However, the semi-official Tasnim news network said that the Islamic Republic had refused to take part in another round of talks.
Trump’s latest claims were clearly uncoordinated with Iran, and designed to take advantage of the decision to open the Strait of Hormuz to push down energy prices. In reality, it is clear that both countries are still far off on many key issues. As it stands, the chances of the war renewing, even if the current ceasefire gets extended, are very high.
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it’s a war to sink the global economy. that’s trump’s only plan.
is everybody deceiving everybody
– 29°8′n 32°48′e
as expected, and following the p-8a poseidon flight activity below, aircraft carrier uss gerald r. ford has now been confirmed to have crossed the suez canal and entered the red sea, escorted by two arleigh burke-class destroyers.a u.s. navy p-8a poseidon maritime patrol aircraft (mpa) has wrapped up a lengthy isr mission over the red sea and is now heading back to jordan. so does this mean the uss gerald r. ford is about to head into the red sea again
more market manipulation peace of shit
that was fast. but at least 0range syph and his gaggle of usury elites got a week of good trading “melt up” out of it!