The Fort Worth Press - Iran ups threats over naval blockade, but still talking to US

USD -
AED 3.672505
AFN 64.999744
ALL 81.225
AMD 363.78709
ANG 1.790365
AOA 917.99968
ARS 1524.905897
AUD 1.433281
AWG 1.8
AZN 1.698755
BAM 1.724805
BBD 2.015945
BDT 123.059285
BGN 1.683441
BHD 0.377275
BIF 2999.201894
BMD 1
BND 1.278733
BOB 12.066054
BRL 5.203502
BSD 1.000873
BTN 96.019508
BWP 13.66687
BYN 3.021227
BYR 19600
BZD 2.013035
CAD 1.41828
CDF 2310.000543
CHF 0.83327
CLF 0.024655
CLP 973.509818
CNY 6.70335
CNH 6.705265
COP 3335.5
CRC 456.028644
CUC 1
CUP 24.021307
CVE 97.550323
CZK 21.523795
DJF 178.23284
DKK 6.58652
DOP 59.51919
DZD 133.864205
EGP 52.149499
ERN 15
ETB 160.949782
EUR 0.881098
FJD 2.243196
FKP 0.756991
GBP 0.754545
GEL 2.604987
GGP 0.756991
GHS 11.665675
GIP 0.756991
GMD 73.509698
GNF 8754.999715
GTQ 7.641734
GYD 209.423022
HKD 7.84655
HNL 26.875001
HRK 6.639303
HTG 130.986922
HUF 322.608498
IDR 17856
ILS 3.06481
IMP 0.756991
INR 95.93795
IQD 1310
IRR 1693792.499774
ISK 120.539901
JEP 0.756991
JMD 158.451729
JOD 0.708991
JPY 156.9455
KES 129.702283
KGS 87.448298
KHR 4055.000133
KMF 435.000062
KPW 900.000318
KRW 1354.609501
KWD 0.30881
KYD 0.834094
KZT 439.39414
LAK 22439.99995
LBP 89550.000265
LKR 331.304954
LRD 171.450376
LSL 16.39751
LTL 2.95274
LVL 0.60489
LYD 6.398647
MAD 9.693763
MDL 17.76106
MGA 4399.999724
MKD 54.302533
MMK 2099.600314
MNT 3599.1704
MOP 8.089002
MRU 40.075027
MUR 47.760277
MVR 15.450098
MWK 1737.000291
MXN 18.05385
MYR 4.081496
MZN 63.909909
NAD 16.397293
NGN 1326.500169
NIO 36.664997
NOK 9.58738
NPR 153.629004
NZD 1.768795
OMR 0.384499
PAB 1.00086
PEN 3.442498
PGK 4.443996
PHP 62.590318
PKR 276.600586
PLN 3.84832
PYG 5879.655352
QAR 3.643035
RON 4.650697
RSD 103.544992
RUB 83.756272
RWF 1476
SAR 3.755513
SBD 8.032647
SCR 14.496934
SDG 601.503112
SEK 9.981681
SGD 1.277135
SHP 0.755829
SLE 24.649975
SLL 20969.491881
SOS 571.530108
SRD 37.752996
STD 20697.981008
STN 21.725
SVC 8.758075
SYP 13002.000254
SZL 16.390057
THB 33.528978
TJS 9.213253
TMT 3.51
TND 2.9815
TOP 2.40776
TRY 49.01708
TTD 6.78978
TWD 31.854196
TZS 2652.498012
UAH 44.894921
UGX 3923.539917
UYU 40.126641
UZS 11835.000121
VES 857.98905
VND 25970
VUV 119.008285
WST 2.76852
XAF 577.962529
XAG 0.016355
XAU 0.000239183523
XCD 2.70255
XCG 1.803823
XDR 0.707052
XOF 577.962529
XPF 105.625008
YER 236.392896
ZAR 16.37255
ZMK 9001.202086
ZMW 19.592384
ZWL 321.999592
SSP 5712.591899
MXV 2.043656
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Iran ups threats over naval blockade, but still talking to US
Iran ups threats over naval blockade, but still talking to US / Photo: © AFP

Iran ups threats over naval blockade, but still talking to US

Iran's military threatened on Wednesday to shut down Red Sea trade unless the United States lifted its naval blockade on Tehran's ports, saying the ceasefire was at risk.

Text size:

The warning came after President Donald Trump indicated peace negotiations could resume this week, and as Iran confirmed the sides had kept talking via Pakistan after a first round of negotiations fell flat.

US Vice President JD Vance, who led the weekend talks, said the Islamic republic was being offered a "grand bargain" to end the six-week war and address the decades-old dispute over Tehran's nuclear programme.

But for now, both sides seemed intent on keeping up the pressure.

Washington has sought to turn the screws on Tehran with a blockade of its ports, with US Central Command saying overnight that American forces "have completely halted economic trade going into and out of Iran by sea".

The picture based on recent maritime tracking data in the Strait of Hormuz was less clear-cut, and Iran's Tasnim news agency reported Wednesday that shipping had continued from southern Iran.

But the head of Iran's military central command centre warned a US failure to lift the blockade would constitute "a prelude" to violating the two-week ceasefire.

Unless Washington relents, Iran's armed forces "will not allow any exports or imports to continue in the Persian Gulf, the Sea of Oman and the Red Sea," said Ali Abdollahi.

- Pakistani delegation -

Speaking to the New York Post on Tuesday, Trump said a new round of talks with Iran could take place in Pakistan "over the next two days", while telling Fox Business the war was "very close to being over".

On the Iranian side, a foreign ministry spokesman said "several messages" had been exchanged via Islamabad since the talks wrapped up on Sunday, and that Tehran would "very likely" receive a Pakistani delegation on Wednesday.

Stocks rose and crude dropped on hopes for a deal to get oil flowing again through the Strait of Hormuz -- choked by Iranian forces since the US-Israeli offensive began in late February, and now the focus of the US blockade.

Analysts say Trump is aiming not only to cut off Iranian revenue but also to pressure China, the biggest buyer of Iran's oil, to push it to reopen the strait.

In a nod to China's potentially key role, Trump told Fox Business he had written to Xi Jinping asking him not to supply weapons to Tehran, and received the Chinese leader's assurances that he was not doing so.

- 'Grand bargain' -

Trump has insisted any deal must permanently bar Iran from becoming nuclear-armed. He launched the war on February 28 arguing that Tehran was rushing to complete an atomic bomb, an assertion not backed by the UN nuclear watchdog.

Reports said the United States had sought a 20-year suspension of Iran's uranium enrichment programme during the Islamabad talks, and that Iran, in turn, proposed suspending its nuclear activity for five years -- an offer US officials rejected.

Tehran has always insisted its nuclear programme is for civilian purposes and its foreign ministry spokesman said Wednesday that Iran's right to enrich uranium was "indisputable", although the level of enrichment was "negotiable".

At an event in the US state of Georgia on Tuesday, the US vice president said Trump had pledged to "make Iran thrive" if it committed to "not having a nuclear weapon".

"That's the kind of Trumpian grand bargain that the president has put on the table," Vance said, adding: "Man, we're going to keep on negotiating and try to make it happen."

- Twin track diplomacy -

The latest signals on US-Iran talks came as Israel and Lebanon also agreed to open direct negotiations after holding their first high-level face-to-face meeting since 1993 on Tuesday in Washington.

Trump's administration is pressing hard for an end to the conflict between Israel and Iran-backed Hezbollah in Lebanon, fearing it could jeopardise a broader settlement.

The US State Department said "all sides agreed to launch direct negotiations at a mutually agreed time and venue".

But the diplomatic push remained fragile, with the Israeli military saying it had struck more than 200 Hezbollah targets in Lebanon in the past 24 hours, while the militant group, which is hostile to any talks, fired dozens of rockets at Israel.

burs-ec/amj

M.Cunningham--TFWP