Iran condemns the US attacks on three merchant ships with Indian crew members off the coast of Oman, saying the American “maritime piracy” poses a serious threat to international shipping.

Mohsen Rezaei, advisor to the Leader of the Islamic Revolution, says Iran remains committed to diplomacy but will not hesitate to decisively break any naval blockade imposed on the Strait of Hormuz if negotiations fail.

Mohsen Rezaei, a senior advisor to the Leader of the Islamic Revolution, has warned that Trump is betraying diplomacy in favor of war for the third time.

A Japanese analyst warns that the continued closure of the Strait of Hormuz would trigger a severe economic crisis for major industrialized nations, underscoring Iran's growing strategic leverage.

Conventional oil fields can sustain production for long periods with relatively low reinvestment.

The US naval blockade against Iran, now in its third week, is considered a war crime and has led to global economic crises.

Trump retreats on threats regarding the Strait of Hormuz.