The Economic Times

U.S.-Iran war latest update: Donald Trump claims Iran cargo ship seized, warns of airstrikes, Tehran rejects peace talks ahead of ceasefire deadline

Iran-U.S. war: United States of America has maintained a blockade of Iranian ports, while Iran has lifted and then reimposed its own blockade of the Strait of Hormuz, which before the war began almost two months ago handled roughly one-fifth of the world's oil supply.