In Brief…
- US President Donald Trump told aides to prepare for a prolonged blockade of Iranian ports, the Wall Street Journal reported, as talks remain stalled and oil prices keep rising.
- Trump said Iran was in a “state of collapse” and wants the Strait of Hormuz reopened, while insisting Tehran will never be allowed to obtain a nuclear weapon.
- US Treasury expanded sanctions on Iran’s shadow banking, oil, crypto and procurement networks, and warned firms against paying Iran or the IRGC “tolls” for Hormuz passage.
This is a developing story that HO1 will continue to monitor.
Check back for updates.
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