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

USD -
AED 3.672499
AFN 64.000282
ALL 81.214524
AMD 373.511981
ANG 1.789884
AOA 916.999889
ARS 1366.023269
AUD 1.40117
AWG 1.795
AZN 1.703087
BAM 1.660575
BBD 2.014018
BDT 122.97229
BGN 1.668102
BHD 0.37724
BIF 2973.054439
BMD 1
BND 1.272177
BOB 6.909844
BRL 4.999096
BSD 0.999962
BTN 93.39243
BWP 13.417166
BYN 2.853989
BYR 19600
BZD 2.01114
CAD 1.37815
CDF 2310.000009
CHF 0.78267
CLF 0.022598
CLP 888.069866
CNY 6.81765
CNH 6.818795
COP 3593.18
CRC 458.927866
CUC 1
CUP 26.5
CVE 93.622242
CZK 20.679009
DJF 178.069863
DKK 6.343925
DOP 59.588451
DZD 132.112109
EGP 51.958499
ERN 15
ETB 156.136584
EUR 0.84893
FJD 2.19835
FKP 0.737283
GBP 0.73805
GEL 2.685002
GGP 0.737283
GHS 11.039788
GIP 0.737283
GMD 73.489445
GNF 8772.399037
GTQ 7.645054
GYD 209.205767
HKD 7.83445
HNL 26.55923
HRK 6.397298
HTG 130.843264
HUF 309.745499
IDR 17154
ILS 3.00415
IMP 0.737283
INR 93.42595
IQD 1309.960985
IRR 1316124.999826
ISK 122.02963
JEP 0.737283
JMD 157.796202
JOD 0.709028
JPY 159.092502
KES 129.199699
KGS 87.450051
KHR 4005.111463
KMF 417.99999
KPW 900.002027
KRW 1477.725
KWD 0.30901
KYD 0.833287
KZT 474.398108
LAK 22062.594461
LBP 89546.928864
LKR 315.481573
LRD 183.996468
LSL 16.407402
LTL 2.95274
LVL 0.60489
LYD 6.326282
MAD 9.247613
MDL 17.099627
MGA 4148.623635
MKD 52.337306
MMK 2100.230461
MNT 3576.383271
MOP 8.070372
MRU 39.92732
MUR 46.250499
MVR 15.45977
MWK 1733.914107
MXN 17.3052
MYR 3.955012
MZN 63.955009
NAD 16.407542
NGN 1346.880273
NIO 36.799137
NOK 9.44015
NPR 149.427083
NZD 1.695875
OMR 0.384503
PAB 0.999966
PEN 3.38834
PGK 4.333558
PHP 60.087982
PKR 278.861987
PLN 3.60029
PYG 6391.02692
QAR 3.645912
RON 4.321601
RSD 99.663001
RUB 75.627289
RWF 1464.408679
SAR 3.751682
SBD 8.04851
SCR 13.984785
SDG 601.000024
SEK 9.21165
SGD 1.27256
SHP 0.746601
SLE 24.650186
SLL 20969.496166
SOS 571.515905
SRD 37.430489
STD 20697.981008
STN 20.802466
SVC 8.749475
SYP 110.584383
SZL 16.396588
THB 32.098503
TJS 9.449709
TMT 3.505
TND 2.90332
TOP 2.40776
TRY 44.75305
TTD 6.787576
TWD 31.645298
TZS 2595.000458
UAH 43.546827
UGX 3695.197178
UYU 40.219565
UZS 12189.188845
VES 477.02885
VND 26330
VUV 119.010039
WST 2.730706
XAF 556.960123
XAG 0.012672
XAU 0.000208
XCD 2.70255
XCG 1.802165
XDR 0.691898
XOF 556.941207
XPF 101.261309
YER 238.524976
ZAR 16.41415
ZMK 9001.19913
ZMW 19.174011
ZWL 321.999592
  • RIO

    -0.3800

    98.49

    -0.39%

  • JRI

    0.0535

    12.84

    +0.42%

  • NGG

    -1.0900

    87.86

    -1.24%

  • BCE

    0.0900

    23.94

    +0.38%

  • RELX

    1.0050

    35.715

    +2.81%

  • CMSD

    0.1280

    22.958

    +0.56%

  • RYCEF

    -0.0600

    17.6

    -0.34%

  • RBGPF

    -13.5000

    69

    -19.57%

  • BTI

    -0.3800

    57.13

    -0.67%

  • BCC

    -2.0600

    79.66

    -2.59%

  • AZN

    -4.0100

    200.37

    -2%

  • VOD

    0.0780

    15.698

    +0.5%

  • BP

    -0.1100

    46.06

    -0.24%

  • GSK

    -1.3800

    57.8

    -2.39%

  • CMSC

    0.0900

    22.73

    +0.4%

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