Brent crude oil prices briefly reached the highest price in 4 years amid uncertainty whether Iran and the US can turn a ceasefire into a permanent deal. CNN reported.
US President Donald Trump is laying the groundwork for an extended blockade of Iranian ports, sources say, which he considers the best way to force Iran back to the negotiating table.
Iran’s Supreme Leader Mojtaba Khamenei said that foreign aggressors belong in the “the depths” of the Persian Gulf, according to a purported message on state media, while President Masoud Pezeshkian said that any attempt to obstruct Iranian ports is “doomed to failure.”