Trump orders Hormuz naval blockade

The United States military has begun enforcing a blockade in the Strait of Hormuz and the Gulf of Oman following the failure of marathon peace talks in Islamabad.

President Trump warned that any Iranian 'fast-attack' ships approaching the blockade zone will be 'immediately eliminated' as the administration seeks to choke off Tehran's oil revenue.

Global markets have reacted with volatility, with Brent crude prices spiking by over 7% as traders weigh the risks of a prolonged energy supply shock.

NATO allies, including the United Kingdom and France, have distanced themselves from the operation, instead calling for a multinational mission to restore freedom of navigation through diplomacy.