Iran’s top negotiator says both sides remain far apart after Tehran again closed strait of Hormuz after US said it would not end its blockade

Brent crude sinks by a tenth after Iran says the key waterway is open for commercial ships for the rest of the ceasefire.

WASHINGTON: Iran said Friday it fully reopened the Strait of Hormuz to commercial vessels, but US President Donald Trump said the American blockade on Iranian ships and ports…