Trump holds talks on prolonged Iran blockade
US President Donald Trump discussed a possible prolonged blockade of Iran's ports with oil companies, as the US continues to try to force Iran to reopen the Strait of Hormuz to shipping. Iran has warned of 'unprecedented military action' against continued US blockading of Iran-linked vessels.
US President Donald Trump met with oil executives to discuss mitigating the impact of a possible months-long US blockade of Iran's ports. The blockade aims to force Iran to reopen the Strait of Hormuz to shipping. Trump urged Tehran to 'get smart soon' and sign a deal, saying Iran 'cannot have a nuclear weapon.' Iran has pledged to continue disrupting traffic through the strait as long as it is threatened. The conflict has killed thousands, caused global economic upheaval, and cost the US military $25 billion so far. Iran's currency fell to a record low, and inflation was 65.8% from March 20 to April 20.
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