No Result
View All Result
  • Login
Saturday, August 1, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Markets

Iran reportedly closes Strait of Hormuz again, raising doubt over talks

by theadvisertimes.com
1 month ago
in Markets
Reading Time: 3 mins read
A A
0
Iran reportedly closes Strait of Hormuz again, raising doubt over talks
Share on FacebookShare on TwitterShare on LInkedIn


Iran declared the Strait of Hormuz closed again on Saturday and warned vessels to stay away from the critical shipping route, but the U.S. denied those claims, stating the waterway remained open.

Tensions between the two countries escalated just days after Tehran and Washington reached an interim agreement to end hostilities in the region.

The announcement by Iran’s military and the country’s Islamic Revolutionary Guard Corps came as Iranian negotiators prepared to travel to Switzerland for technical-level talks with U.S. officials scheduled to begin Sunday.

Iran’s joint military command said the closure of the strait was in response to continued Israeli military operations in Lebanon and what it described as U.S. “bad faith” and a failure to uphold commitments under the truce framework, AP reported. Iranian state television said “subsequent steps have been planned” if what it called aggression continues, according to multiple outlets.

Earlier Saturday, Israeli strikes in southern Lebanon killed at least 16 people, including two children, AP reported, citing Lebanese authorities. Lebanon’s state-run National News Agency said seven people remained trapped beneath rubble in Nabatiyeh and nearby villages following the attacks, according to AP.

The U.S. military said the Strait of Hormuz had not been closed, however, and said that ⁠U.S. forces ‌were monitoring the ⁠situation to ensure that it remained open, Reuters reported.

“Iran does not control the Strait ‌of Hormuz,” U.S. Central Command spokesperson Navy Captain ​Tim Hawkins told Reuters. “Traffic continues to flow, and U.S. forces ⁠are monitoring the situation to ensure ‌this remains the ‌case.”

President Donald Trump also indicated the administration considered the strait as open for traffic. He suggested the U.S. could begin charging ships to transit the Strait if the parties fail to convert the interim agreement into a final deal within 60 days.

“There will be NO TOLLS in the  Hormuz Strait for 60 days during the Cease Fire Period, and there will be NO TOLLS after the 60 day period has expired, unless they are imposed by and for the United States of America, should the deal not be completed,” he said in a Truth Social post late Saturday, claiming the charge would be for “services rendered.”

Iran’s attempt to shut down the strait again raises the stakes ahead of the talks in Switzerland, which are intended to advance the interim agreement reached Wednesday between Trump and Iranian President Masoud Pezeshkian after nearly four months of war.

The signed memorandum of understanding had called for the immediate end to military actions by Israel in Lebanon and the full reopening of the strait without tolls imposed by Iran for at least 60 days.

Vance, Iranian delegation head to Switzerland

U.S. Vice President JD Vance on Saturday left Washington to travel to Switzerland for further negotiations with Iran, the White House reported.

The vice president told reporters before boarding his flight that he hoped to “make progress on the nuclear ⁠issue” and “the Lebanon ceasefire issue.”

“Despite the headlines, things are actually ‌getting better there (in Lebanon), and things are slowing ​down a little bit,” he said. “It’s ⁠going to be something we’re just ‌going to have ‌to continuously manage to ensure that you know Israel and ⁠Lebanon are both safe and secure.”

Earlier, the Swiss Federal Department of Foreign Affairs announced in a post on X that the Iranian delegation had arrived in the country.

Vance struck an optimistic tone earlier in the day, saying talks were advancing despite Iran’s latest threat to shut the strait.

Speaking on Fox News, he said Jared Kushner, Trump’s son-in-law, and special envoy Steve Witkoff in Switzerland were working through the agreement’s technical details. He added that discussions were “going well.”

Vance noted that tanker traffic had rebounded sharply following the ceasefire agreement.

“We actually got 16 million barrels of oil out of the Strait of Hormuz yesterday,” Vance said. “That is a record going back to even before the conflict started.”

He also said negotiators were focused on securing Iran’s enriched uranium stockpile to make it “effectively impossible” for Tehran to rebuild its nuclear program, while emphasizing that the United States retained significant economic leverage if Iran failed to comply with the agreement.

— Reuters and the Associated Press contributed to this report



Source link

Tags: closesDoubtHormuzIranRaisingreportedlyStraittalks
ShareTweetShare
Previous Post

Shipping companies will decide when the Strait of Hormuz is open, and the latest deal sows confusion

Next Post

Bitcoin Faces Key $64,100 Resistance As Analyst Watches Fib

Related Posts

Elon Musk Launches X Money, X-Branded Visa Card. See New Feature

Elon Musk Launches X Money, X-Branded Visa Card. See New Feature

by theadvisertimes.com
July 31, 2026
0

Elon Musk launched a new banking feature, X Money, along with an X-branded Visa debit card, allowing users to send...

The CFTC orders ex-GOP Rep. George Santos to pay ,000 over trades on Kalshi

The CFTC orders ex-GOP Rep. George Santos to pay $35,000 over trades on Kalshi

by theadvisertimes.com
July 31, 2026
0

George Santos, who was expelled from the U.S. House of Representatives, arrives for the sentencing in his criminal corruption charges...

Clear Street launches pre-IPO platform, lists AI giant Databricks

Clear Street launches pre-IPO platform, lists AI giant Databricks

by theadvisertimes.com
July 31, 2026
0

Close-up of Databricks company logo on building facade, Rincon Hill, San Francisco, June 7, 2024.Smith Collection/ gado | Archive Photos...

Patterson-UTI Energy Q2 2026: EPS Tops Estimates — Deep Dive

Patterson-UTI Energy Q2 2026: EPS Tops Estimates — Deep Dive

by theadvisertimes.com
July 31, 2026
0

AlphaStreet Newsdesk powered by AlphaStreet Intelligence Related Coverage Breaking News Patterson-UTI Energy Releases Q2 2026 Financial Results Jul 30, 2026...

1.5 Million Hand Warmers Recalled: See Affected Products

1.5 Million Hand Warmers Recalled: See Affected Products

by theadvisertimes.com
July 31, 2026
0

About 1.5 million OCOOPA rechargeable hand warmers have been recalled after reports of their lithium-ion batteries overheating and igniting, subsequently...

The Cost of Waiting – Banyan Hill Publishing

The Cost of Waiting – Banyan Hill Publishing

by theadvisertimes.com
July 31, 2026
0

One of the biggest lessons we’ve learned from the AI boom is that the biggest fortunes are often made by...

Next Post
Bitcoin Faces Key ,100 Resistance As Analyst Watches Fib

Bitcoin Faces Key $64,100 Resistance As Analyst Watches Fib

Vance heads to Switzerland for talks with Iran but says he will only be there ‘for a day or two’

Vance heads to Switzerland for talks with Iran but says he will only be there 'for a day or two'

  • Trending
  • Comments
  • Latest
SEC pushes private market access, but retail is already in

SEC pushes private market access, but retail is already in

July 16, 2026
Fourth of July 2026 Freebies and Deals

Fourth of July 2026 Freebies and Deals

July 3, 2026
How I Maximize My Sapphire Reserve Dining Credit

How I Maximize My Sapphire Reserve Dining Credit

July 10, 2026
The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

June 21, 2026
The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

July 6, 2026
The 22 Largest US Funding Rounds of May 2026 – AlleyWatch

The 22 Largest US Funding Rounds of May 2026 – AlleyWatch

June 30, 2026
Challenges to the Unsustainable Exploitation of Human Beings and Nature Converged Across Civilizations

Challenges to the Unsustainable Exploitation of Human Beings and Nature Converged Across Civilizations

0
Bitcoin ETFs Post First Monthly Inflow Since April

Bitcoin ETFs Post First Monthly Inflow Since April

0
Why the Box of Cereal in My Cart Might Cost Less Than Yours

Why the Box of Cereal in My Cart Might Cost Less Than Yours

0
Wall Street’s hidden recruiting pipeline isn’t an Ivy League diploma—it’s the college teammate

Wall Street’s hidden recruiting pipeline isn’t an Ivy League diploma—it’s the college teammate

0
Kevin Warsh to America: Rome Wasn’t Built in a Day

Kevin Warsh to America: Rome Wasn’t Built in a Day

0
The CFTC orders ex-GOP Rep. George Santos to pay ,000 over trades on Kalshi

The CFTC orders ex-GOP Rep. George Santos to pay $35,000 over trades on Kalshi

0
Challenges to the Unsustainable Exploitation of Human Beings and Nature Converged Across Civilizations

Challenges to the Unsustainable Exploitation of Human Beings and Nature Converged Across Civilizations

August 1, 2026
Wall Street’s hidden recruiting pipeline isn’t an Ivy League diploma—it’s the college teammate

Wall Street’s hidden recruiting pipeline isn’t an Ivy League diploma—it’s the college teammate

August 1, 2026
Bitcoin ETFs Post First Monthly Inflow Since April

Bitcoin ETFs Post First Monthly Inflow Since April

August 1, 2026
Aluminium signals recovery after correction; supply risks and energy concerns may drive the next leg higher

Aluminium signals recovery after correction; supply risks and energy concerns may drive the next leg higher

August 1, 2026
Upbit Rebalances 864B SHIB In Internal Wallet Move

Upbit Rebalances 864B SHIB In Internal Wallet Move

July 31, 2026
6 Signs That World War III Is About To Get Even Larger

6 Signs That World War III Is About To Get Even Larger

July 31, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Challenges to the Unsustainable Exploitation of Human Beings and Nature Converged Across Civilizations
  • Wall Street’s hidden recruiting pipeline isn’t an Ivy League diploma—it’s the college teammate
  • Bitcoin ETFs Post First Monthly Inflow Since April
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.