Trump threatens Strait of Hormuz blockade after US-Iran ceasefire talks end without agreement

President Donald Trump on Sunday said the U.S. Navy would “immediately” begin a blockade to stop ships from entering or leaving the Strait of Hormuz, after U.S.-Iran peace talks in Pakistan ended without an agreement. Trump sought to exert strategic control over the waterway responsible for the transportation of 20% of global oil supplies before the war, hoping to take away Iran’s key source of economic leverage in the fighting. Trump also said the U.S. was ready to “finish up” Iran at the “appropriate moment," stressing that Tehran's nuclear ambitions were at the core of the failure to end the war.