US officials report that intensified sanctions and a naval blockade have curtailed Iran’s oil exports and foreign currency access, according to regional sources. While these measures aim to compel Tehran to ensure free passage through the Strait of Hormuz, Iranian authorities remain defiant, with domestic resilience reportedly mitigating the intended economic impact.
Trump says US only ‘semi-negotiating’ with Iran; Israel rejects Gaza plan
Summary
Live updatesLive updates, Iran war live: US ‘semi-negotiating’ with Tehran; Israel rejects Gaza plan Trump says US will wait for economic pressure to mount on Iran, as Israel formally rejects 15-point Gaza peace plan. Published On 10 Aug 2026 - US President Donald Trump says Washington is only “semi-negotiating” with Tehran and will wait for economic pressure on Iran to mount. - Iran’s Foreign Minister Abbas Araghchi says there are no direct talks with the US and insists the Strait of Hormuz will not reopen until Washington meets Tehran’s demands, including lifting the naval blockade.
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- Adam Hancock; Zsombor PeterBy Adam Hancock; Zsombor Peter
Live updatesLive updates, Iran war live: US ‘semi-negotiating’ with Tehran; Israel rejects Gaza plan Trump says US will wait for economic pressure to mount on Iran, as Israel formally rejects 15-point Gaza peace plan. Published On 10 Aug 2026 - US President Donald Trump says Wash…
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