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An Iranian army spokesperson says Iran is still in a “war situation” as the Strait of Hormuz remains a major sticking point in negotiations.
As Gulf leaders meet in Saudi Arabia, Qatar says the critical waterway should not be used as a pressure card and warns against the possibility of a “frozen conflict”.
US President Donald Trump’s national security team is reviewing an Iranian plan to halt the war and open the Strait of Hormuz, while postponing talks on its nuclear programme.
Israel and Hezbollah continue to trade fire as the death toll from Israeli attacks on Lebanon since an April 17 “ceasefire” rises to at least 40 people.
US sanctions entities, individuals involved in Iran ‘shadow banking’
Amid deadlocked US-Iran negotiations, the US Treasury Department has announced it’s imposing sanctions on 35 Iranian entities and individuals playing a role in Iran’s “shadow banking” networks.
Treasury Secretary Scott Bessent said illicit funds – amounting to tens of billions of dollars funnelled by the designated entities and individuals – supported Iran’s “terrorist operations”.
Any firms making “toll payments” to Iran for passage through the blocked Strait of Hormuz face “significant sanctions”, its Office of Foreign Assets Control said.
World Opinion + Agencies
