|
European stocks opened higher on Tuesday amid renewed hopes that Middle East peace talks could resume, despite a U.S. blockade on Iranian ports.
|
|
;Resize=(620)) The U.S. military has initiated a blockade across the Gulf of Oman and the Arabian Sea, a move experts say is an act of war with potential for serious escalation in the midst of a ceasefire. U.S. Central Command says it is targeting all vessels traveling to and from Iran as of Monday morning
|
|
A former Pentagon official said the goal of the U.S. blockade is to get the Iranians to back down and restore freedom of navigation to the strait.
|
RELATED ARTICLES | | |
|
A U.S. blockade of Iranian ports has gone into effect Monday, while President Trump claims Iran wants to make a deal.
|
|
Reports from Iranian state media say the Strait of Hormuz is not open because Iran is responding to the continued Israeli airstrikes into Lebanon. White House press secretary Karoline Leavitt said Lebanon is not part of the ceasefire agreement that has been brokered. NBC News' Monica Alba details where the Trump administration stands and what's next for peace talks.
|
|
