U.S. Halts Iran Maritime Trade, Trump Hints at Talks
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- The U.S. military announced on Wednesday it had completely halted all trade going in and out of Iran by sea.
- President Donald Trump said talks with Tehran on ending the war could resume this week, and oil prices fell for a second consecutive day as a result.
Why it matters: The U.S. is simultaneously enforcing a total maritime blockade on Iran and leaving the door open for war-ending negotiations this week, a dual-track posture that pushed oil prices down for a second day. Markets are reading Trump's comments as a credible signal that a diplomatic off-ramp remains alive alongside the economic pressure campaign.
