US to blockade ships from Iranian ports as Trump claims ceasefire ‘holding well’
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The US will enforce a blockade on all traffic entering and leaving Iranian ports in the Strait of Hormuz, after weekend peace talks in Pakistan faltered. The move has led to a surge in oil prices and stock market falls, with the Philippines warning Meta to curb the spread of false information on its platforms.
The US military will blockade Iranian ports in the Strait of Hormuz from 10 a.m. ET today. Iran's Islamic Revolutionary Guard Corps has vowed to retaliate. The blockade follows failed peace talks in Pakistan. Oil prices have topped $100 a barrel and stock markets have fallen. The Philippines has warned Meta to curb the spread of false information on its platforms, including about oil prices. The country has declared a national energy emergency due to the surge in oil prices.
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