Middle East crisis live: US claims blockade has âcompletely halted economic tradeâ into Iran, as Trump hints at return to talks in Pakistan
US military boasts blockade of the strait of Hormuz will incapacitate Iranâs economy; Trump says negotiations could return to PakistanUS-Iran peace talks could resume in next two days, Trump saysWelcome to the Guardianâs continuing coverage of the crisis in the Middle East.The US military has said American forces have completely halted economic trade going in and out of Iran by sea through a blockade.An estimated 90% of Iranâs economy is fueled by international trade by sea. In less than 36 hours since the blockade was implemented, U.S. forces have completely halted economic trade going into and out of Iran by sea.âDonald Trump has said that talks with Iran could resume in Pakistan over the next two days, according to an interview with the New York Post. âSomething could be happening over the next two days, and weâre more inclined to go there,â Trump was quoted as saying.US secretary of state Marco Rubio said Israel-Lebanon talks in Washington on Tuesday were a âhistoric opportunityâ. He said that while every complexity would not be resolved immediately, he hoped the parties would begin to move forward.Lebanonâs president expressed hope that direct talks would lead to an end to his countryâs âsufferingâ after war erupted again between Israel and Hezbollah last month. âI hope that the meeting in Washington... will mark the beginning of the end of the suffering of the Lebanese people in general, and those in the south in particular,â president Joseph Aoun said in a statement, adding that âstability will not return to the south if Israel continues to occupy its landsâ.Lebanonâs top envoy to the US said the high-level diplomatic engagement between her country and Israel was âconstructive,â but urged an end to the ongoing conflict between Israel and Iran-backed Hezbollah militants that has displaced thousands of Lebanese. After participating in Tuesdayâs talks with Rubio and Israelâs ambassador to the US, Nada Hamadeh Moawad said she had âunderscored the need to preserve our territorial integrity and state sovereigntyâ.The US will not renew a 30-day waiver of sanctions on Iranian oil at sea that expires this week officials told Reuters, as the US imposes a blockade on shipments from Iranian ports.UK prime minister Keir Starmer and French president Emmanuel Macron will co-host a summit in Paris on Friday focused on efforts to reopen the strait of Hormuz, Downing Street said. A spokesperson said: âThe summit will advance work towards a coordinated, independent, multinational plan to safeguard international shipping once the conflict ends.âTrump criticised Italian prime minister Giorgia Meloni, a political ally, in an interview published on Tuesday for her unwillingness to help in the Iran war. âIâm shocked at her. I thought she had courage, but I was wrong,â he told Italian daily Corriere della Sera.Foreign ministers from Saudi Arabia, Pakistan and Egypt will meet Turkeyâs top diplomat this week for talks on regional matters, a ministry source told AFP on Tuesday. âThis is the third meeting of the four countries to discuss regional affairs, not specifically Hormuz,â said the source, who wished to remain anonymous.Hezbollah said it targeted 13 northern Israeli towns with rockets shortly after the start of Lebanese-Israeli talks in Washington. In a statement, the group said it targeted Kiryat Shmona, Metula and 11 other towns âwith simultaneous rocket salvosâ at 6.15pm.US treasury secretary Scott Bessent has said the underlying US economy remains strong and that growth could still exceed 3% or 3.5% this year despite the impact of the US-Israel war on Iran. Earlier on Tuesday, the International Monetary Fund (IMF) cut its growth forecasts for 2026 based on the impact of the war and said any further escalation in the conflict could trigger a global recession. Bessent however cast cuts in global growth forecasts and higher inflation projections by the IMF and World Bank as an overreaction. Continue reading...
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