Furious Iran threatens Gulf neighbours as US blocks ports, oil prices dip below $100
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The US has begun a blockade of Iran's ports, prompting Iran to threaten retaliation against its Gulf neighbors. Oil prices have fallen below $100 as hopes for dialogue to end the conflict provide some relief to oil markets.
The US military has blockaded Iran's ports, angering Tehran. Iran has threatened to retaliate against its Gulf neighbors. The blockade is a response to Iran's actions in the Strait of Hormuz. Oil prices have fallen below $100. The US and Iran had talks in Pakistan, but no agreement was reached. The US is seeking to prevent Iran from developing nuclear weapons.
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