Iran seizes ships as tensions escalate

The Islamic Revolutionary Guard Corps boarded the vessels just hours after the White House announced an extension of the current truce.

This latest development has effectively halted maritime traffic through a waterway that handles twenty percent of the world's oil supply.

Tehran insists the strait will remain closed as long as the U.S. naval blockade of Iranian ports persists.

Analysts warn that the stalemate is creating a new normal of sporadic flare-ups and sustained global energy insecurity.