Middle East crisis live: Iran warns US blockade of strait of Hormuz would violate ceasefire

Escalating tensions in the Middle East as the United States announces a naval blockade of Iranian ports beginning at 10am Eastern Time. Iran's diplomatic representatives have issued stern warnings that such actions would constitute a violation of the ceasefire agreement currently in place. The situation has prompted immediate market reactions, with crude oil prices climbing amid geopolitical uncertainty. International observers are closely monitoring developments as both nations maintain hardline positions in ongoing negotiations.