US says to begin blockade of Iranian ports

The US military announced it would begin a blockade of all Iranian ports starting at 1400 GMT, following the collapse of talks between the warring sides in Pakistan. President Trump stated on social media that the blockade would apply to all ships seeking to enter or leave Iranian ports. Despite Iran's threats, there is no indication of an immediate resumption of hostilities, although oil prices surged by 8% following the announcement.