US blockades Iranian ports

The United States military has officially launched a naval blockade of Iranian ports following the collapse of peace talks in Islamabad.

President Donald Trump warned that any vessels attempting to approach the blockade will be eliminated, significantly escalating global economic tensions.

The move is intended to force Tehran to reopen the Strait of Hormuz and agree to nuclear concessions after weeks of war.

Global oil markets remain volatile as the blockade threatens to deepen the existing energy shock.