President Donald Trump said the Strait of Hormuz would be reopened “very soon” or Iran would be “hit very hard.” Follow for live updates.

Iran has shown no signs of changing its stance on the Strait of Hormuz and has yet to acknowledge talks. Follow for live updates.

Iran says Trump's comment on pullback from threatened strikes made 'within the context of psychological operations'.

Iran wants to control the Strait of Hormuz and charge tolls - powers it did not exercise before the war began on Feb 28.