Trump: Naval blockade of Iran to continue until nuclear deal reached
US President Donald Trump says the naval blockade of Iran will continue until Tehran agrees to address Washington's nuclear concerns. Trump also revealed phone conversations with Iran, as the ongoing blockade pressures energy markets and global economic stability.
Trump confirmed that the naval blockade will remain in place until Iran agrees to a comprehensive agreement addressing US nuclear concerns. The blockade has severely impacted Iran's economy while creating significant uncertainty in global energy markets. Oil prices surged above $118 per barrel following reports of an extended blockade.
Trump's disclosure of direct phone conversations with Iran signals ongoing diplomatic efforts, though Tehran's willingness to accept nuclear commitments remains uncertain. US Defense Secretary Pete Hegseth announced that the Iran conflict has cost $25 billion to date, highlighting the enormous financial burden of the two-month conflict.
Turkey's economy faces direct exposure to rising energy costs. European gas prices jumped approximately 9 percent as concerns mount over supply disruptions. Turkish exporters face higher transportation costs and input expenses as the blockade continues.
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