WASHINGTON/ISLAMABAD: US President Donald Trump said on Sunday that the US military had seized an Iranian cargo ship that tried to run its blockade, while Iran said it would not participate in a second round of peace talks despite Trump’s threat of renewed airstrikes. The developments indicated that peace may not come soon to the region, and a weeks-long blockade of marine traffic that has driven global oil prices higher likewise might remain in place.

US President Donald Trump welcomed Tehran's announcement but said the US naval blockade would continue until a peace deal was reached.

The U.S. struck and seized an Iranian-flagged cargo ship in the Gulf of Oman, President Donald Trump said Sunday.