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Strait of Hormuz Remains Closed – Reports

In this Sunday, July 21, 2019 photo, a speedboat of Iran’s Revolutionary Guard trains a weapon toward the British-flagged oil tanker Stena Impero, which was seized in the Strait of Hormuz on Friday by the Guard, in the Iranian port of Bandar Abbas. Global stock markets were subdued Monday while the price of oil climbed as tensions in the Persian Gulf escalated after Iran’s seizure of a British oil tanker on Friday.

TEHRAN (Sputnik) — The Strait of Hormuz remains closed after Iran’s Islamic Revolutionary Guard Corps (IRGC) Navy suspended the issuance of passage permits to vessels until further notice, the Fars news agency reported on Sunday, citing a source in the Iranian armed forces. Technical-level negotiations between Iran and the United States, as well as the mediator countries Pakistan and Qatar, are set to begin in Burgenstock on Sunday. They are expected to be held behind closed doors. Overnight into June 18, Iran and the United States remotely signed the memorandum that provides for an end to the military conflict that began on February 28. The document also sets timelines for the US to lift its naval blockade and for Iran to restore shipping in the Strait of Hormuz. Iran also commits not to acquire nuclear weapons, with the issue of Iran’s nuclear program to be resolved through a separate agreement. The parties will hold negotiations on this matter within 60 days. For Tehran, the outcome should be the lifting of anti-Iran sanctions.WorldIran to Close Hormuz Strait Over Israeli Lebanon Attacks – Military CommandYesterday, 13:37 GMT

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