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President Donald Trump declared that the U.S. Navy will commence a blockade of the Strait of Hormuz immediately after peace talks between Washington and Tehran in Pakistan ended without an agreement. In a social‑media post, Trump labeled Iran’s actions as “extortion” and warned that American warships would hunt down and interdict any ship that has paid Iran a toll to traverse the waterway, while also beginning mine‑clearing operations. Iran’s Revolutionary Guard responded that civilian vessels may still cross the strait under “specific regulations,” but any military craft attempting entry would be deemed a breach of the cease‑fire and would be “dealt with severely.” Since the February 28 war launched by the United States and Israel, Iran has effectively taken control of the strategic chokepoint, a route that carries about 20% of the world’s oil and liquefied natural gas shipments. Traffic has now dwindled to a trickle, sending shockwaves through the global economy and raising alarm among Gulf Cooperation Council (GCC) states. Al Jazeera correspondents noted that the rhetoric from the White House has amplified “alarm bells” across the GCC, where leaders had hoped the two‑week ceasefire would evolve into a longer‑term peace framework. Oman’s foreign minister, Badr Albusaidi, urged on social media that the ceasefire be extended and that all parties make “painful concessions” to avoid a return to war. Trump’s statements also included a stark threat: any Iranian forces that fire on U.S. or “peaceful” vessels would be “blown to hell.” He claimed the blockade would involve “other countries” and that the United Kingdom, along with “a couple of other nations,” were dispatching minesweeper vessels to assist – a claim the British government has not confirmed. Domestic criticism emerged quickly. Democratic Senator Mark Warner told CNN he “doesn’t see how blockading the strait will compel Iran to open it,” questioning the strategic logic behind the move. Iran denied U.S. allegations that two of its warships had recently passed through the strait for mine‑clearing, warning that any military vessel attempting such a passage would meet a “strong response.” Tehran officials have floated the idea of instituting a post‑conflict toll system for vessels using the waterway, a prospect that could further entrench Iran’s leverage over global energy flows. Analysts warn that heightened tensions in the Hormuz corridor could push oil prices higher, amplifying inflationary pressures worldwide. As the situation unfolds, mediators continue to press both sides to resume diplomatic talks and avoid a broader escalation.

Saudi Arabia has returned its East‑West oil pipeline to full operational capacity, enabling the transport of approximately 7 million barrels of crude per day after a series of attacks disrupted flow earlier this week. In a statement released on Sunday, the Ministry of Energy praised the swift repair work, noting that the turnaround demonstrates the high operational resilience and crisis‑management efficiency of Saudi Aramco and the broader national energy system. The ministry also confirmed that production at the Manifa oilfield—situated off Saudi Arabia’s eastern coast—has been restored to its full capacity of about 300,000 barrels per day (bpd). Efforts continue at the inland Khurais oilfield, which is still recovering from a loss of roughly 300,000 bpd. Earlier reports from the Saudi Press Agency indicated that attacks on a pumping station along the East‑West pipeline had cut daily output by 700,000 bpd. Simultaneous assaults on the Manifa and Khurais fields were said to have reduced combined capacity by 600,000 bpd. No party was identified as responsible for the attacks. The East‑West pipeline, linking the prolific Abqaiq field in the east to the Red Sea port of Yanbu, has become a vital conduit for international oil supplies, especially as Iran’s effective closure of the Strait of Hormuz has choked off about 20% of global oil shipments, driving up energy prices worldwide. Despite a fragile cease‑fire announced on Tuesday between the United States and Iran, maritime traffic through the strait remains severely limited. Data from S&P; Global show that only 22 vessels with active AIS transponders passed through the strait between Wednesday and Friday, a stark drop from the pre‑conflict average of 135 daily transits. Restoring the pipeline’s full capacity is expected to reinforce supply continuity for both domestic and international markets, providing a modest but meaningful cushion to the global economy as geopolitical tensions persist.

Three Very Large Crude Carriers (VLCCs) successfully navigated the Strait of Hormuz on Saturday, marking a rare movement of oil cargoes amid the fragile truce between the United States and Iran.The vessels – the Liberia‑flagged Serifos, and the China‑flagged Cospearl Lake and He Rong Hai – each can transport about 2 million barrels of crude, collectively representing a significant volume for a waterway that channels roughly 20% of the world’s oil and LNG shipments.According to data from the London Stock Exchange Group (LSEG) and analytics firm Kpler, the Serifos is chartered by Thailand’s state‑owned energy firm PTT. Loaded with Saudi and UAE crude in early March, it is slated to dock at Malaysia’s Malacca Port on April 21.The other two carriers, Cospearl Lake and He Rong Hai, are chartered by Unipec, the trading arm of Chinese energy giant Sinopec. Cospearl Lake, carrying Iraqi oil, is expected to reach China’s Zhoushan port on May 1, while the destination for He Rong Hai remains undisclosed.Earlier, a tanker named Ocean Thunder, chartered by a Petronas subsidiary, also transited the strait, underscoring a gradual, albeit limited, resumption of traffic.Despite these movements, hundreds of tankers remain stranded in the Gulf, awaiting clearance during the two‑week ceasefire. Their prolonged idling continues to pressure global energy prices, which have surged since Iran’s blockade began in late February.In addition to the loaded vessels, three empty tankers – Mombasa B, Agios Fanourios I, and Shalamar – were observed heading into the strait on Sunday to load fresh cargoes. Notably, Agios Fanourios I signaled a route to Iraq’s Basrah fields to pick up crude destined for Vietnam.Management firms such as Eastern Mediterranean Maritime, Cmb.Tech NV, and Pakistan National Shipping have not provided comments on the recent transits.While the passage of these three supertankers offers a modest relief to the global oil supply chain, the overall situation remains precarious. The continuation of the ceasefire and the resolution of Iran’s blockade will be critical determinants of oil market stability in the weeks ahead.

Iran’s attempt to impose tolls on vessels passing through the Strait of Hormuz has been labeled illegal by Arsenio Domínguez, the head of the United Nations’ International Maritime Organization (IMO). In an interview with Al Jazeera, Domínguez stressed that such charges would set a dangerous precedent for global shipping. Tehran has asserted its right to levy fees even after the conflict ends, while U.S. President Donald Trump floated the idea of a joint U.S.-Iran venture to collect the payments. Both proposals clash with established maritime conventions. "Countries do not have the right to introduce tools or payments or charges on these straits," Domínguez said, adding that any toll system would be contrary to international law and could cripple the free flow of trade. The remarks came as marathon cease‑fire negotiations between U.S. and Iranian officials in Pakistan concluded without an agreement. U.S. Vice President JD Vance noted that Tehran rejected Washington’s terms, which included a commitment to forgo nuclear weapons development, prompting the American delegation to depart Islamabad after presenting its "final and best offer." Iran’s state‑run Press TV blamed the stalemate on what it called the United States' "excessive demands," citing the toll issue and the nuclear programme as major points of contention. Despite a two‑week cease‑fire announced earlier in the week, maritime traffic remains severely limited. Only 22 vessels with active AIS signals exited the strait between the truce’s start and Friday, a stark drop from the pre‑conflict average of about 135 daily transits, according to S&P Global. The bottleneck is throttling oil and natural‑gas exports from the Gulf. The U.S. military reported that two warships had navigated the waterway to clear Iranian mines, a move Iran denied. President Trump later insisted the strait would reopen "fairly soon," with or without Tehran’s cooperation. Domínguez emphasized that ending the hostilities is the fundamental solution to restoring safe passage. He warned that any resumption of traffic must be accompanied by thorough de‑mining and safety checks to protect both vessels and crews. He also dismissed calls for new legal frameworks, noting that the 1968 traffic‑separation agreement between Iran and Oman—which splits the strait into north‑ and south‑bound lanes—had functioned effectively before the war and does not require revision. Humanitarian concerns feature prominently in Domínguez’s statements. He highlighted that roughly 20,000 seafarers are stranded in the Gulf due to the blockade, warning that prolonged isolation would not only harm these workers but also have a negative ripple effect on the global economy.

Two planes of Iranian negotiators, many from the Islamic Revolutionary Guard Corps, arrived in Pakistan to confront a 21‑hour deadline for talks that span two decades of nuclear tension and new strategic concerns such as control of the Strait of Hormuz and U.S. compensation for past attacks.The United States responded with a delegation that included Vice‑President JD Vance and roughly 300 officials, signaling a recognition that Iran’s seasoned team—featuring figures like Ali Bagheri Kani and former chief negotiator Abbas Araghchi—was well‑prepared.During the marathon, Vance held multiple conversations with former President Donald Trump and, notably, with Israeli Prime Minister Benjamin Netanyahu. Iranian officials claimed the Netanyahu call hardened the U.S. stance, underscoring the delicate diplomatic balance.Veteran negotiators Robert Malley and Aaron David Miller warned that the time frame was either too long for a mere reiteration of rejected demands or far too short for genuine negotiation, highlighting a strategic misreading of Tehran’s position.Vance concluded the session by presenting what he described as a “best and final offer,” leaving the door open for further dialogue pending Iranian acceptance.Meanwhile, President Donald Trump signaled an intention to impose a blockade of the Strait of Hormuz—a move that could inflate global oil prices and further destabilize the region.Iran’s objectives included drafting a memorandum of understanding to extend a tentative ceasefire and address three core issues: an end to Israel’s offensive in Lebanon, a governance framework for Hormuz shipping, and the disposition of its highly enriched uranium stockpile, whether through UN‑supervised down‑blending or export to a third party.Vance emphasized the need for an affirmative Iranian commitment not to pursue a nuclear weapon or the rapid pathways to one, a demand that intersects with ongoing debates about Iran’s sovereign right to enrich uranium—a capability currently null after recent U.S. strikes.In practice, Iran is already exercising selective control over Hormuz traffic, allowing 2 million barrels of Iraqi oil and 4 million barrels of Saudi oil to pass, a tactic described by an Iranian parliamentarian as a “continuous atomic bomb” that provides strategic depth.Beyond the diplomatic impasse, Iran confronts severe domestic challenges: hyperinflation approaching triple‑digit levels, an internet blackout threatening economic activity, and a political climate marked by assassination threats. These pressures compound the difficulty of achieving a sustainable peace settlement.

The United States’ senior envoy, Vice President JD Vance, said the marathon talks in Islamabad collapsed because Iran would not abandon its nuclear weapons programme, a stance Tehran’s representatives dismissed as a lack of US goodwill. Vance, who departed Islamabad on Sunday after a 21‑hour session with Iranian officials, reiterated that Washington’s red lines required an "affirmative commitment" from Tehran that it would not pursue a nuclear weapon or the means to acquire one quickly. He described the stalemate as "bad news for Iran much more than it is for the United States." Iranian parliament speaker Mohammad Bagher Ghalibaf countered that, despite offering "constructive initiatives," the US failed to win the trust of the Iranian delegation, leaving it to Washington to decide whether it can regain that confidence. Iran’s foreign ministry downplayed expectations, stating that no one anticipated a deal in a single session and emphasizing continued regional contacts, while the semi‑official Tasnim news agency blamed "excessive" US demands for the impasse. The talks took place under a 14‑day ceasefire agreed by the US, Iran and Israel, with Pakistan’s foreign minister Ishaq Dar urging both sides to honour the pause and offering to facilitate renewed dialogue. The conflict, which began on 28 February, has already claimed over 3,000 lives in Iran, more than 2,000 in Lebanon, and dozens across the Gulf region, while inflicting extensive infrastructure damage. Israeli security cabinet minister Ze’ev Elkin warned that Iran is "playing with fire," even as he left the door open for further negotiations. These were the first direct US‑Iran talks in more than a decade and could determine the fate of the fragile ceasefire and the reopening of the Strait of Hormuz—a chokepoint for roughly 20 % of global energy supplies. The war has already sent international oil prices soaring. In addition to Vance, US special envoy Steve Witkoff and former President Trump’s son‑in‑law Jared Kushner met with Ghalibaf and Iranian foreign minister Abbas Araghchi for two hours before a brief recess. The Iranian delegation arrived in black mourning attire for the late Supreme Leader Ayatollah Ali Khamenei and carried shoes and bags belonging to children killed in a school bombing near a military compound—a strike the Pentagon says is under investigation, with some reports suggesting US involvement. Pakistani security forces sealed off Islamabad, a city of over two million, underscoring Pakistan’s newly prominent mediating role after a year of diplomatic isolation. The US military announced it was "setting conditions" to clear mines and allow warships to pass through the Strait of Hormuz, a claim Iran’s state media denied. Prior to the talks, a senior Iranian source told Reuters that the US had agreed to release frozen Iranian assets held in Qatar and other banks, a statement the US later denied. Tehran’s broader demands include control over the strait, payment of war reparations, a region‑wide ceasefire—including in Lebanon—and the collection of transit fees from shipping traffic. President Trump’s minimum objectives remain the free passage of global shipping through the strait and the crippling of Iran’s nuclear enrichment capability to prevent the development of an atomic bomb.

The U.S. Central Command (CENTCOM) reported that the destroyers USS Frank E. Peterson and USS Michael Murphy "transited the Strait of Hormuz and operated in the Arabian Gulf" as part of a mission to clear sea mines allegedly laid by Iran’s Islamic Revolutionary Guard Corps (IRGC).Admiral Brad Cooper hailed the operation as a turning point in the U.S.–Israeli campaign against Iran, saying the navy was establishing a "new passage" to restore safe commercial flow. Iran’s Khatam al‑Anbiya Central Headquarters immediately rejected the claim, stating that any vessel movement in the strait remains under the "Armed Forces of the Islamic Republic of Iran" and that the U.S. report is "strongly denied." The strait, a narrow chokepoint through which roughly 20% of the world’s oil and natural gas transits, has been a flashpoint since the February 28 U.S.–Israel attacks that prompted Iran to restrict passage to pre‑approved ships. The closure spiked global fuel prices and disrupted both commercial and military traffic. Analysts, such as Maria Sultan of the South Asian Strategic Stability Institute, argue that any U.S. navigation would require Tehran’s explicit permission, underscoring the strategic leverage Iran holds over the waterway. Simultaneously, senior delegations from the United States and Iran met in Islamabad for historic face‑to‑face talks—the highest‑level engagement since the 1979 Islamic Revolution. The negotiations, sparked by a preliminary ceasefire announced earlier in the week, focus on contentious issues including Iran’s nuclear program, frozen assets, and the future of Israeli operations in Lebanon. Both parties acknowledge that control of the Strait of Hormuz remains a major point of disagreement. Iran has signaled willingness to temporarily reopen the channel for commercial shipping but insists on maintaining leverage, proposing tolls to compensate for war damages. The United States, however, deems continued Iranian control a "non‑starter." U.S. President Donald Trump used his Truth Social platform to assert that Iran is "losing big" and to downplay the strait’s importance to the United States relative to its allies, claiming the mine‑clearing effort benefits nations such as China, Japan, South Korea, France, and Germany. Al Jazeera’s on‑the‑ground correspondents noted that despite a "deficit of trust," negotiators are working late into the night to bridge gaps, though fundamental disagreements over the strait’s governance persist.

Experts and policymakers are urging the creation of a regional agreement aimed at securing the Strait of Hormuz, a narrow waterway that serves as a critical conduit for a significant share of the world’s oil trade. The push for a coordinated diplomatic framework reflects growing concerns over potential disruptions that could arise from geopolitical tensions in the Gulf region. By fostering cooperation among neighboring states, the proposed pact seeks to mitigate risks to maritime traffic and protect the flow of energy supplies. Stability in the Strait of Hormuz is essential for global markets, as any interruption could trigger sharp spikes in oil prices and ripple through the world economy. A regional agreement would therefore not only enhance security for the nations bordering the strait but also contribute to broader economic resilience. While details of the proposed arrangement remain under discussion, the consensus underscores the need for a unified approach that balances national interests with the collective goal of maintaining uninterrupted maritime commerce.

Colombia's Ministry of Commerce, Industry and Tourism announced on Friday that it will increase tariffs on Ecuadorian goods to 100 percent, up from 30 percent. This move is a direct response to Ecuador's decision to impose a 100 percent tariff on Colombian imports a day earlier.The trade dispute between the two South American countries has been escalating, with Ecuador citing a trade deficit and accusing Colombia of not doing enough to combat drug trafficking. However, Colombia has denied these accusations, pointing to its military operations aimed at intercepting illicit drugs, including a significant seizure last November.The diplomatic tensions have also been fueled by disagreements between the two countries' leaders. Ecuador's President Daniel Noboa has clashed with Colombia's President Gustavo Petro over issues including the imprisonment of former Ecuadorian Vice President Jorge Glas, whom Petro has called a political prisoner.Colombian Trade Minister Diana Morales stated that her country had exhausted all diplomatic efforts to resolve the issue with Ecuador. She emphasized that the decision to increase tariffs was made to protect Colombian businesses and communities.