'It could end either way, but I think a deal is preferable because then they can rebuild', he says

First high-level talks since 1992 signal cautious progress despite Hezbollah opposition

Strait traffic remains far below pre-war levels, industry sources report

Talks to end the Iran war could resume in Pakistan over the next two days, US President Donald Trump said yesterday, after the collapse of weekend negotiations prompted Washington to impose a blockade on Iranian ports.

Reports the New York Post

Data from maritime tracking firm Kpler indicates

Ordinarily, roughly one fifth of global oil and gas exports transit the Strait of Hormuz

China said on Tuesday that a US blockade around Iranian ports was "dangerous and irresponsible", after US President Donald Trump threatened to sink any boats that sought to leave or dock there.

China's President Xi Jinping vowed Tuesday that his country would play a "constructive role" in promoting peace talks in the Middle East, Chinese state media reported, after a first round of discussions between the United States and Iran ended without agreement

Iran slammed a US blockade around its ports on Monday as a "grave violation" of its sovereignty, as Washington and Tehran's belligerent rhetoric rattled a fragile truce.

US President Donald Trump warned Monday that any Iranian attack boats that approach the American naval blockade around Iran's ports would be destroyed, despite international calls for a ceasefire to be respected and negotiations to resume

The US military began a blockade of ships leaving Iran’s ports yesterday, President Donald Trump said, and Tehran threatened to retaliate against ports of its Gulf neighbours after weekend talks on ending the war broke down.

Iran has resumed rail services on key routes after repairing sections of track damaged during the war with Israel and the United States, state media said yesterday.

UK-French initiative appears to be separate from Trump's announced blockade

Conference aims to form “strictly defensive” multinational effort to restore freedom of navigation

Foreign Minister Hakan Fidan warns Israel could act as spoiler, flags nuclear dispute and Hormuz tensions as key hurdles

Here are details on the planned blockade and its implications for oil markets.

Brent crude futures gained $7.03, or 7.4 percent, to $102.23 a barrel by 0810 GMT

Both the Iranian and American delegations departed Pakistan without a deal

Wall Street Journal reported on Sunday, citing officials and people familiar with the matter.