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Iran-US War Live Updates: Iran-Oman Hormuz Talks Resume As New Sanctions Pile Pressure On Tehran
Iran-US War LIVE News Updates: Washington is intensifying economic pressure on Tehran through new sanctions targeting Iran and its trading network.
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Iran-US War LIVE News Updates: The US-Iran conflict has entered a tense phase, with active hostilities largely subsiding but diplomatic efforts for a broader peace deal stalled. The immediate focus is the Strait of Hormuz, where Iran and Oman have resumed talks on managing shipping through the vital waterway.
The two countries discussed a “joint temporary navigational corridor” and agreed to clear mines from the strait.
The waterway normally handles around one-fifth of global oil and LNG shipments, but traffic has remained largely paralysed since the war began. An oil tanker was also disabled by an unidentified projectile near Oman’s coast on Tuesday.
US President Donald Trump said “all mines have been removed and/or detonated” in international waters, citing the US Navy.
At the same time, Washington is intensifying economic pressure on Tehran through new sanctions targeting Iran and its trading network. China has warned the US that it could retaliate, saying it would take “all necessary measures” to protect its interests.
Beijing also called the sanctions “illicit unilateral” measures without a basis in international law, while urging de-escalation and a return to dialogue.
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Iran-US War Live Updates: Iran, Oman Resume Hormuz Talks, Discuss Temporary Shipping Corridor
Iran said it had restarted talks with neighbor Oman to manage the Strait of Hormuz as it faces heightened economic pressure from U.S. President Donald Trump in the wider conflict.
Iran and Oman have been in on-and-off talks for weeks about controlling traffic through the strategic waterway, which handled one-fifth of global oil and liquefied natural gas shipments before the war began in February.
The two countries said on Tuesday that they discussed “a joint temporary navigational corridor” through the strait and agreed to clear it of mines.
Iran-US War Live Updates: Oil Extends Fall As Hormuz Reopening Hopes Grow
US oil prices fell in early trade on Wednesday, extending the previous session’s losses, on hopes the Strait of Hormuz could reopen after Iran said it had resumed talks with neighbour Oman on managing the strategic waterway.
U.S. West Texas Intermediate crude futures fell $1.37, or 1.7%, to $80.99 as of 2240 GMT. The contract lost 3.1% on Tuesday, settling at its lowest since August 13.
Iran-US War Live Updates: China Warns US Of Retaliation Over New Sanctions On Iran, Trading Partners
China on Tuesday warned the United States that it could take retaliatory measures against Washington’s new sanctions targeting Iran and entities involved in trade with Tehran, vowing to take “all necessary measures” to protect its interests.
The warning came as Beijing stepped up its opposition to Washington’s expanding sanctions campaign against Iran. The Financial Times reported that China could retaliate if the US widens its crackdown on businesses dealing with Tehran.
Original source: https://www.news18.com/
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