US Iran News Live Updates: Oil Prices Rise Again After Renewed Conflict in Hormuz
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Tensions between the US and Iran escalate as Tehran refuses to participate in peace talks, citing Washington's 'excessive demands' and naval blockade in the Strait of Hormuz. Oil prices rise amid renewed conflict in the region.
The US and Iran peace talks have stalled after Tehran refused to participate in the second round of negotiations scheduled for April 21 in Islamabad. Iran cited Washington's 'excessive demands, unrealistic expectations, and blockade of the Strait of Hormuz' as reasons for not trusting the US. Iran's Foreign Ministry spokesperson Esmail Baghaei stated that they will continue to defend themselves as long as Iran's interests require. The US has not issued an official response. Oil prices rose after the US seized an Iranian cargo ship and Trump said the US blockade 'will remain in full force' until Tehran reaches a deal. A French-flagged vessel was also targeted in the Strait of Hormuz, according to the International Maritime Organization. Iran's President Pezeshkian called US blockade actions 'provocative and illegal'.
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