Air war in Iran gives way to crippling stalemate in Hormuz
The conflict between the US and Iran has entered a stalemate, with Iran attacking cargo ships and the US Navy enforcing a blockade, pushing international oil prices above $100 a barrel. Mediators are trying to restart talks between the two sides, but Iran's negotiating team has toughened its tone, vowing not to return to the table until the blockade is lifted.
The conflict between the US and Iran has reached a crippling stalemate, with the Strait of Hormuz closed and the prospect of escalation looming. Iranian forces attacked three cargo ships, while the US Navy enforced a blockade to prevent Iran from exporting oil. The US seized a crude-oil tanker in the Indian Ocean that had been sanctioned for working with Iran. Iran's Revolutionary Guard navy confiscated two vessels that came under attack and guided them to Iran's shore. Mediators, including Turkey, Pakistan, and Egypt, are trying to restart talks between the two sides. The situation remains unstable, with both sides testing the limits of coercion.
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