US IRAN WAR LIVE: Trump Says Iran Is 'Collapsing Financially' Over Hormuz Closure

Planned ceasefire talks between the United States and Iran are on the brink of collapse—and it all comes down to one key demand. Iran insists the blockade on its ports must be lifted before negotiations resume. Washington has refused. Despite Donald Trump extending the ceasefire, the US is tightening pressure through a naval blockade in the Strait of Hormuz, choking Iran's oil exports. With storage filling rapidly at Kharg Island, Tehran risks shutting wells, causing long-term damage. Iran calls it 'economic warfare'. With tensions rising and talks stalled, the ceasefire holds—but peace remains distant.

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