"The U.S. military had 'stopped them right in their tracks by blowing a hole in the engine room' after the ship failed to heed repeated warnings."
"Iran's Revolutionary Guard warned it will take action against the U.S. military for the seizure of that ship, without elaborating."
"Iran Foreign Ministry spokesman Esmail Baghaei said Tehran had no plans yet regarding a second round of talks, accusing the U.S. of lacking 'seriousness in pursuing a diplomatic process.'"
"Oil prices surged in reaction to these developments, rising more than 5.3% at $95.62 a barrel on Monday from Friday's close at $90.38 a barrel."
A U.S. negotiating team is traveling to Pakistan for peace talks with Iran, which may not attend due to recent U.S. military actions. The U.S. seized an Iranian cargo ship in the Strait of Hormuz, prompting warnings from Iran's Revolutionary Guard. President Trump stated the military acted after the ship ignored warnings. Oil prices surged following these developments. The ceasefire agreement between the U.S.-Israel and Iran is set to expire soon, raising concerns about the future of negotiations.
Read at www.npr.org
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