LIVE | Iran warns they will block Red Sea if US naval blockade continues and describes it as a truce violation
Oil prices continue to fall on hopes for a deal to end the Middle East conflict.

Deck of the USS Abraham Lincoln during Operation Epic Fury.
After failing in its attempt to prevent the meeting in Washington between representatives of Israel and Lebanon, the terrorist group Hezbollah tried to derail any chance of an agreement and jeopardize the fragile Middle East truce by firing 30 rockets into northern Israel The Netanyahu government responded with attacks and called on the population to evacuate southern Lebanon.
For its part, the price of oil continued to fall, and stock markets rose on optimism over a possible early end to the war in the Middle East. The implementation of the U.S. naval blockade and Trump's words about the proximity of the end of the war gave investors a boost.
Times correspond to Eastern Standard Time (ET).
Iran acknowledged that it maintains contacts with the U.S. through Pakistan after failed negotiations
Iran acknowledged on Wednesday that it is maintaining contacts with the United States through Pakistan after the failure of negotiations held in Islamabad last weekend. These are surprising statements because, to date, Tehran had consistently denied every single time Trump claimed to be negotiating with the ayatollahs.
"Since Sunday, when the Iranian delegation returned to Tehran, several messages have been exchanged through Pakistan," said Iranian Foreign Ministry spokesman Esmaeil Baqaei.
"Today (Wednesday) we are very likely to receive a Pakistani delegation as a continuation of the talks in Islamabad," he added at a weekly press conference.
Iran warns they will block Red Sea if U.S. naval blockade continues and describes it as a truce violation
Iran threatened Wednesday to blockade the Red Sea, to which it has no territorial access, in case the U.S. blockade of its ports is maintained, considering that the latter could lead to a ceasefire violation.
If the United States maintains its maritime blockade and "creates insecurity for Iran's commercial ships and oil tankers," that will mean "the prelude" to a violation of the ceasefire, in force since April 8, estimated Gen. Ali Abdollahi, head of the Iranian armed forces command.
"The powerful armed forces of the Islamic Republic will not allow any export or import in the Persian Gulf, the Sea of Oman or the Red Sea," he added, according to a statement broadcast on state television.
Senior UAE, Iran officials discuss de-escalation in rare call
Senior UAE and Iranian officials held a call to discuss de-escalation on Wednesday, UAE state media reported, the first high-level call since ties deteriorated over the U.S.-Iran war.
UAE Vice President and Deputy Premier Sheikh Mansour bin Zayed Al Nahyan "held a phone call with Mohammad Bagher Ghalibaf, Speaker of the Parliament of the Islamic Republic of Iran, during which they discussed regional developments and ways to de-escalate tensions in the region," according to a statement released by the WAM news agency.
Since the start of the Middle East war, the UAE has taken a hawkish tone towards Iran, recalling its ambassador and closing its embassy after Tehran began its campaign targeting the Emirates and other Gulf countries.
Israel military says it struck over 200 Hezbollah targets in 24 hours
The Israeli military said Wednesday it had struck more than 200 Hezbollah targets in southern Lebanon in the past 24 hours, even as Israel and Lebanon agreed to pursue direct negotiations.
"In the past 24 hours, the IDF struck over 200 Hezbollah terror infrastructure sites in southern Lebanon, including launchers and terrorists," the military said.
Hezbollah tries to derail Iran peace talks and truce by firing rockets at Israel; Israel responds with strikes and calls to evacuate southern Lebanon
The Israeli army carried out strikes south of Beirut in response to the launching of some 30 rockets by the pro-Iranian terrorist group Hezbollah at Israeli territory on Wednesday, a day after Lebanon and Israel launched peace negotiations in Washington. In addition, the IDF launched an evacuation call to citizens of southern Lebanon.
Hezbollah did not welcome this rapprochement in which both countries agreed to begin direct negotiations for a sustainable peace over time, according to the U.S. State Department.
Oil prices fall and stock markets rise
The stock markets rose and crude oil prices fell again on Wednesday after U.S. President Donald Trump said a second round of talks between Washington and Tehran could be held "in the next couple of days," which fanned hopes of reaching an agreement that would reopen the Strait of Hormuz.
At the close of Asian trading floors, the price of a barrel of West Texas Intermediate (WTI), the U.S. benchmark, was down 0.20% at 91.10 dollars. In contrast, the barrel of Brent North Sea crude, the international benchmark, was up 0.47%, at 93.23 dollars.
Pakistani prime minister on tour to push for Iran-U.S. negotiations
Pakistani Prime Minister Muhammad Shehbaz Sharif, whose country is mediating between Iran and the United States to end the Middle East conflict, will embark on a four-day tour of Saudi Arabia, Qatar and Turkey, the foreign ministry said.
CENTCOM assures that Iranian maritime transit is completely halted
The Centcom, the U.S. military command for the Middle East, maintained Tuesday that no ships had crossed the Strait of Hormuz, key to the global transport of crude oil.
Russia offers to make up for China's energy shortfall due to war
Russian Foreign Minister Sergey Lavrov said his country can compensate for the energy deficit facing China because of difficulties generated by the war in the Middle East, Russian state media reported Wednesday.
"Russia can certainly make up for the shortfall in resources that has arisen" in China and "other countries interested in working with us," Lavrov told a news conference in Beijing, when asked about the Iranian blockade of the Strait of Hormuz.
Lebanon's ambassador to U.S. considers talks with Israel "constructive"
Lebanon's ambassador to the United States, Nada Hamadeh Moawad, called for a ceasefire during "constructive" dialogue she held Tuesday with Israeli representatives in Washington, she said in a statement.
238 Iranian sailors repatriated from Sri Lanka
Sri Lanka repatriated 238 Iranian sailors who were aboard a frigate that was attacked by a U.S. submarine and another Iranian Navy ship, the Defense Ministry announced.
According to the source, 32 rescued sailors aboard the IRIS Dena, attacked on March 4 off the coast of Sri Lanka, and 206 other sailors sailing on another vessel, left Sri Lanka on Tuesday.
U.S. sets naval blockade in motion
World
US enforces its naval blockade against Iran: Six ships turned away without a single shot fired
Emmanuel Alejandro Rondón