Iran condemns U.S. plans to announce new sanctions as both sides show no signs of peace talks

AI Summary

Iran condemned planned new U.S. sanctions as tensions persist with no peace talks in sight. Oil shipments through the Strait of Hormuz have nearly stopped, and Tehran threatens to target unauthorized tankers transiting the strategic waterway.

Oil shipments are at a virtual standstill in the Strait of Hormuz, with Tehran threatening to strike any unauthorized oil tankers that try to transit the vital waterway