The Iran's Khatam Al-Anbiya Central Headquarters in Monday said any US military action to enforce the naval blockade will be considered an escalation of the conflict and "will not go unanswered."
US CENTCOM previously stated its forces had redirected 12 vessels and disabled two others in the Strait of Hormuz.
US has not back down on Iran as officials believe Washington’s economic pressure could ultimately do more damage to Iran than its bombing campaign, Axios reported Monday citing senior US officials.
Both American intelligence and open-source reports indicate gasoline shortages in Iran, while officials warned of possible bank runs and difficulties paying fighters as sanctions and a US naval blockade deepen financial pressure on Tehran. But this is iran that have survived many decades of economic terrorism from United States.
One official said Iran was “more scared of Treasury than the War Department,” while acknowledging that economic pressure could take longer than a full-scale military campaign to force Tehran into an agreement.
The report said access to frozen assets and sanctions relief remains a central Iranian priority in talks aimed at turning the pause in fighting into a lasting ceasefire.
Times of Israel, citing an Arab official and an informed source indicates that Iran and Oman have agreed to the proposal put forward by the mediators, pending Trump’s approval.
The source added Trump is postponing a decision on the proposal until after his expected meeting with Netanyahu.
Global oil prices fell sharply Monday after a pause in fighting between the United States and Iran, marking their biggest decline since April 8, CNN reported Monday.
Brent crude futures closed 11.3% lower at $85.87 a barrel, while US crude fell about 7% to $82.61, according to the report.
US President Donald Trump said Washington halted strikes on Iran as the US military campaigns have no effects and America is already experiencing weapons and ammunition shortage. Iran too claimed retaliatory strikes have stopped since Washington stopped it's attacks in Tehran.
In the declassified reports, US have agreed to over 600 casualties from Iran's ballistic missiles against the US military bases and infrastructure in the Persian gulf.
No comments