3h ago
07.00 BST
Interim
summary
If you’re
just tuning in to today’s live coverage of the US-Israel war on Iran, here’s
the latest to bring you up to speed. It’s 9.30am in Tehran, 9am in Tel Aviv and
Beirut and 2am in Washington DC.
- Donald Trump has said he doesn’t care if Iran comes back to negotiations with the US after the weekend talks in Pakistan ended without a deal. “I don’t care if they come back or not,” Trump told reporters in Maryland on Sunday. “If they don’t come back, I’m fine.”
- Trump said earlier that the US Navy would start blockading the Hormuz strait and also prohibit every vessel in international waters that had paid a toll to Iran. US Central Command said later it would begin a blockade of all Iranian Gulf ports and coastal areas on Monday at 10am ET (5.30pm in Iran and 1400 GMT), effectively seizing control of maritime traffic in the strait of Hormuz.
- Iran’s Revolutionary Guards warned that “approaching military vessels to the strait of Hormuz is considered a violation of the ceasefire”.
- Oil prices rose in early market trading after Trump’s blockade announcement. The price of US crude oil rose 8% to $104.24 a barrel and Brent crude oil – the international standard – rose 7% to $102.29. Australia’s share market dropped sharply on Monday morning.
- Iran’s parliamentary speaker Mohammad Bagher Ghalibaf taunted Trump on X, saying in a post: “Enjoy the current pump figures. With the so-called ‘blockade’, Soon you’ll be nostalgic for $4–$5 gas.” Earlier he said Trump’s new threats would have no effect on the Iranian nation: “If you fight, we will fight … We will not bow to any threats.”
- Trump and his advisers are looking at resuming limited military strikes in Iran in addition to the US blockade of the Hormuz strait, the Wall Street Journal reported, citing officials and people familiar with the situation.
- Trump launched a scathing attack on Pope Leo XIV, saying he was “weak on crime and terrible for foreign policy”, was catering to the left and was “hurting the Catholic church”. Leo should “focus on being a Great Pope, not a Politician”, the president said on Truth Social. The attack came after Leo denounced a “delusion of omnipotence” as fuelling the US-Israel war in Iran and urged political leaders to stop and negotiate peace.
- Lloyd’s List Intelligence said “all traffic” through the strait of Hormuz stopped after Trump announced the US naval blockade. It said two vessels that were leaving the strait turned around after the post.
- Trump’s threatened blockade could boost oil prices by $5 to $10 a barrel, estimates Michael Lynch, a distinguished fellow at the Energy Policy Research Foundation.
- More than 32 million people worldwide could be plunged into poverty by the economic fallout from the Iran war, with developing countries expected to be hit hardest. The UN Development Programme said in a report that the world was facing a “triple shock” involving energy, food and weaker economic growth, reports Richard Partington.
- Trump reiterated his threat to destroy Iran’s power plants and other civilian energy infrastructure if no deal was reached to end the war.
- Australian prime minister Anthony Albanese said negotiations to stop the war should resume quickly, as the country called for the full reopening of the Hormuz strait and free navigation for all nations.
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