Iranian forces have seized two ships in the strait of Hormuz as the US and Iran doubled down on imposing separate blockades of the shipping waterway.
The standoff over the strait ā through which about 20% of the worldās oil and liquefied fossil gas passed through during peacetime ā has raised doubts about whether stalled peace negotiations will resume.
Mohammad Bagher Ghalibaf, the speaker of the Iranian parliament and lead negotiator, said late on Wednesday that reopening the strait of Hormuz would be āimpossibleā while the US and Israel committed āflagrantā breaches of the ceasefire, including the US naval blockade, āthe hostage-taking of the worldās economyā and āZionist warmongeringā.
He added in a post on X that the US and Israel ādid not achieve their goals through military aggression, nor will they through bullyingā.
Iranās Islamic Revolutionary Guard Corps (IRGC) said earlier that their naval forces had stopped two ships attempting to cross the strait and brought them to shore.
Iranās semi-official Tasnim news agency āreported that the IRGC āhad accusāed the two ships ā the Panama-flagged MSC Francesca and Liberia-flagged Epaminondas ā of āattempting to exit the strait of Hormuz covertlyā.ā
The Epaminondas is Greek-āoperated, and Greeceās foreign minister confirmed there had been an attack against a Greek-owned cargo ship.
A UK-based maritime security monitor reported attacks on ships in the waterway on Wednesday, including an incident in which a vessel was approached by an Iranian gunboat āthat then fired upon the vessel which has caused heavy damage to the bridgeā.
The seizures mark the first time Iran has taken control of ships since the beginning of the war, which started on 28 February, and come after the US fired on and seized an Iranian cargo vessel and boarded a Iranian oil tanker in the Indian Ocean.
In the latest in a series of about-turns, Donald Trump threatened violence on Tuesday hours before announcing he was unilaterally extending a ceasefire. āI expect to be bombing because I think thatās a better attitude to go in with,ā Trump said in an interview with CNBCās Squawk Box on Tuesday. āWeāre ready to go. The military is raring to go.ā Later, he said he would not attack but would continue the blockade.
The US president has been unable to contain the global economic and diplomatic crisis that erupted from the war, which has not resulted in the anti-US regime being overthrown or ended Iranās nuclear ambitions. Instead, it led to Tehranās forced closure of the strait of Hormuz, which has caused a spiralling global economic crisis.
Facing calls to reopen the waterway, Trump put pressure on Iran to end its blockade, but failed and later decided to impose his own blockade, leading to more fuel price hikes and threats of long-term inflation.
Countries in Asia that are dependent on Gulf oil have been badly hit, with shortages of fuel, fertiliser and other raw materials that pass through the strait. While the west is better insulated, it is not immune.
Germany, Europeās largest economy, halved its 2026 growth forecast to 0.5% on Wednesday, while Greece announced ā¬500m (Ā£434m) in extra aid for households and farmers. The prime minister, Kyriakos Mitsotakis, said: āThe nationās economy is holding up and doing better than expected. However, the stress of the supermarket, the expenses of children, more expensive fuel and the care of the elderly remain.ā
The head of the UN maritime agency has appealed for help for thousands of seafarers stranded in the Gulf by the strait of Hormuz closure. About 20,000 seafarers and 2,000 ships have been stranded, according to the International Maritime Organization (IMO).
Over the weekend, Iran said it had received new proposals from Washington but also suggested a wide gap remained between the sides. Pakistan has acted as mediator, but a luxury hotel in Islamabad that was cleared out for more talks remained empty on Wednesday. Iran never publicly accepted the invitation and the US delegation led by the vice-president, JD Vance, never left Washington.
A Pakistani official briefed on the preparations told Reuters: āWe had prepared everything. We were all prepared for the talks, the stage was set. If you ask me honestly, it was a setback we were not expecting, because the Iranians never refused, they were up to come and join and they still are.ā
In his first term as president, Trump withdrew from an agreement that limited Iranās nuclear enrichment programme. He disliked the pact, which had been signed by Barack Obama, and was discouraged from diplomacy by Israel, Iranās arch-enemy. For years, Israel had pushed the US to bomb Iran but no administration in Washington agreed, seeing it as counterproductive and fearing the chaos that is now playing out.
Adding to the bloodshed and instability, Israel and the Iranian proxy group, Hezbollah, have fought a second front in Lebanon. Despite a tenuous 10-day ceasefire that expires on Sunday, Israeli strikes killed four people in Lebanon on Wednesday, Lebanese state media said, including journalist Amal Khalil.
Khalil and photographer Zeinab Faraj were covering developments near the town of al-Tayri in southern Lebanon when an Israeli strike hit the vehicle in front of them. They ran into a nearby house, which was then also targeted by an Israeli strike, according to Lebanonās health ministry.
Rescuers were able to retrieve Faraj, who had a head wound. When they returned to help Khalil, a sound grenade blocked their access to the damaged building, a Lebanese military official said. She was later found dead by civil defence, who pulled her corpse from under the rubble.
In a statement before Khalilās death was confirmed, Israelās military said it had received reports that two journalists were injured as a result of its strikes, and denied it was preventing rescue teams from reaching the area.
Hezbollah said it carried out an attack on northern Israel in response to what it called āflagrantā violations of the ceasefire.
At least 2,454 people have been killed in Lebanon in Israeli attacks since the start of the war, according to Lebanese authorities.
The Lebanese president, Joseph Aoun, said preparations were under way for negotiations between Lebanon and Israel on Thursday. The talks are significant as the countries have not maintained diplomatic relations with each other. For decades, Israel has repeatedly bombed, invaded and occupied Lebanon, while the Lebanese government has failed to contain Hezbollah, which has fired rockets at Israel.
Reuters, the Associated Press and Agence France-Presse contributed to this report
