Donald Trump initiated a full US Navy blockade of the Strait of Hormuz after peace talks in Islamabad failed to resolve the ongoing Middle East conflict.While the US Central Command stated the blockade applies to all vessels entering or leaving Iranian ports, Britain and France announced a separate mission to restore navigation.Global energy markets reacted with Brent crude hitting 98 dollars per barrel as
Iran condemned the move as illegal piracy and threatened retaliation against Gulf neighbors.