US-Iran ceasefire on the brink

The fragile ceasefire between the United States and Iran is nearing collapse following a weekend of chaotic maritime confrontations in the Gulf of Oman.

President Donald Trump confirmed that US Marines took custody of an Iranian vessel after disabling its engine room, marking the first such seizure since the naval blockade began.

Tehran has condemned the action as "armed piracy" and subsequently pulled out of scheduled negotiations in Islamabad, citing Washington's "maximalist demands." Global energy markets have reacted with volatility as the Strait of Hormuz remains effectively closed to commercial traffic.