US President Donald Trump has stated that King Charles agrees Iran cannot possess a nuclear bomb. This statement comes amid reports that Trump has instructed his aides to prepare for an extended blockade of Iran. The news has contributed to a rise in oil prices, extending a multi-day rally, as markets react to the potential for prolonged disruption to Iranian oil exports.
Extended Blockade Preparations
According to sources, Trump has directed his team to plan for a sustained naval blockade of Iranian ports. This move aims to increase pressure on Tehran over its nuclear program. The exact duration and scope of the blockade remain under discussion, but it signals a hardening of US policy toward Iran.
Oil Market Reaction
Oil prices climbed on the reports, adding to gains from the previous sessions. Analysts note that any extended blockade could tighten global supply, especially given Iran's role as a major oil producer. The rally reflects investor concerns about potential supply disruptions.
Bahrain Calls for Peace
Meanwhile, a Bahraini minister has called for renewed efforts to restore peace in the region following recent Iranian strikes. The minister emphasized the need for diplomatic solutions to de-escalate tensions. This appeal highlights the broader regional concern over the conflict's impact on stability.
Stay tuned for further updates on this developing story.
