US President confirms no negotiations with Iran while enforcing economic pressure and a naval blockade in the Strait of Hormuz.
US President Donald Trump stated there are no ongoing or planned talks with Iran, reaffirming the naval blockade remains active. The Strait of Hormuz is operational, with all water mines cleared, according to his remarks.
The administration is escalating economic measures against Tehran, despite reports of prior positive discussions. Trump indicated a deal would only proceed if Iran shows readiness, creating uncertainty over diplomatic progress.
The US Dollar strengthened against major currencies, with the largest gain recorded against the New Zealand Dollar, reflecting market reactions to geopolitical tensions.