What to know about the Iran war today:President Trump posted on social media early Sunday that he was sending representatives to Pakistan for another round of negotiations with Iran. Sources told CBS News that Vice President JD Vance, special envoy Steve Witkoff and presidential son-in-law Jared Kushner will travel to Islamabad for the talks. Iran’s parliamentary speaker said early Sunday that the Strait of Hormuz will remain closed “if the U.S. does not lift the blockade.” Iran’s chief negotiator said early Sunday on state television that his country wants “a lasting peace.” The comments came hours after Iran’s parliamentary speaker said both sides were still far from a final peace agreement. Oil prices rise as U.S.-Iran standoff in the Strait of Hormuz creates more uncertainty
Oil prices rose in early trading Sunday as a standoff between Iran and the U.S. prevented tankers from using the Strait of Hormuz, the Persian Gulf waterway that is crucial to global energy supplies.
The price of U.S. crude oil increased 6.4% to $87.90 per barrel an hour after trading resumed on the Chicago Mercantile Exchange. The price of Brent crude, the international standard, climbed 5.8% to $95.64 per barrel
The market reaction followed more than two days of lifted hopes and dashed expectations involving the strait. Crude prices plunged more than 9% Friday after Iran said it would fully reopen the strait, which it effectively controls, to commercial traffic.
Tehran reversed that decision and fired on several vessels Saturday after President Trump said a U.S. Navy blockade of Iranian ports would remain in effect.
Sunday’s higher prices wiped out much of the declines seen Friday, signaling renewed doubts about how soon ships will again transport the vast amounts of oil the world gets from the Middle East.
Iran’s military vows swift response to U.S. seizure of Iranian-flagged tanker.
The Iranian military headquarters said the attack and subsequent boarding of an Iranian vessel by U.S. forces was a violation of the ceasefire and an act of “maritime piracy,” saying that “Iran will respond soon,” according to Iran’s state-run broadcaster.
The United States says it fired on the ship and seized it because it had crossed the blockade line after ignoring multiple warnings.
The response came as Iran has yet to comment on President Trump’s announcement of new talks in Pakistan this week. Iranian state media, without citing anyone beyond unnamed sources, issued brief reports on Sunday suggesting the talks would not happen.
Iran’s president calls U.S. blockade violation of ceasefire
Iranian President Masoud Pezeshkian said in a phone conversation with Pakistan’s prime minister earlier Sunday that the U.S. blockade in the Strait of Hormuz is a violation of the ceasefire agreement, according to the Iranian government.
In a post on X, the Iranian government said Pezeshkian called the naval blockade “a clear violation of the ceasefire understanding and contrary to the UN Charter.”
The Iranian judiciary’s Mizan news agency also reported Sunday that Pezeshkian alleged bullying and unreasonable behavior by the United States during negotiations and the ceasefire.
The report said Pezeshkian warned Pakistani Prime Minister Shehbaz Sharif that the U.S. actions and threatening rhetoric have led to increased suspicion among Iranian officials about the seriousness of the Americans and the possibility that it will repeat previous patterns and “betray diplomacy.”
The report did not say whether Iran’s president commented on a second round of talks in Pakistan, or on President Trump’s announcement that U.S. forces had fired at and seized an Iranian-flagged ship.
Credit: Yahoo News