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Iran Blocks Hormuz, Trump Seeks Talks; Oil Hits Two-Week High

4/28/2026

23 5 Full Breakdown

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Iran Blocks Strait
  • Minister Abbas Araghchi warned United States failed, prompting President Donald Trump to seek talks while Tehran blocks Strait of Hormuz.
  • White House spokeswoman Olivia Wales stated the United States will not negotiate through the press, reaffirming its established red lines.
  • Oil prices rose to a two-week high as Gulf shipping disruptions continued.
  • Iran said it will not discuss war without a Lebanon ceasefire, where Israeli strikes killed 14.
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