Iran says negotiations with the United States are over, blaming repeated ceasefire violations and Israeli strikes in Lebanon
Now Tehran is threatening to completely block the Strait of Hormuz and warning about the Bab el-Mandeb Strait as well
Around 20% of the world’s oil moves through Hormuz
Bab el-Mandeb is one of the most important shipping routes linking Europe, Asia and the Middle East
Oil jumped immediately as traders started pricing in the possibility of supply disruptions
The market is reacting to the possibility that diplomacy is shrinking while economic pressure points are getting pulled into the conflict at the same time
Minutes after Iran cancelled negotiations due to Israel's warning of bombing Beirut, Israel went ahead and issued formal evacuation orders for Beirut
Could Israel end up killing the Iran peace deal? https://t.co/QPXcTT4ICa
— Mario Nawfal (@MarioNawfal) June 1, 2026
BREAKING: Iran announces it is ending all negotiations with the US and vows to "completely" block the Strait of Hormuz, per CNBC.
Iran says it is ending negotiations due to repeated ceasefire violations including Israeli strikes in Lebanon.
Iran also threatens to block the Bab…
— The Kobeissi Letter (@KobeissiLetter) June 1, 2026
BREAKING: U.S. forces just hammered Iranian radar and drone command sites overnight.
Iran fires back at Kuwait with missiles and drones.
President Trump says we're CLOSE to a killer deal, but NO nuclear weapons. Not built. Not bought. Period.
'Otherwise we start up with the… pic.twitter.com/VrGiTmJv0R
— Gunther Eagleman™ (@GuntherEagleman) June 1, 2026
🚨 “Iran has shut down its communications with the US through mediators in protest of Israel’s Monday strikes on Beirut, disrupting weeks of attempts to find a deal to reopen the Strait of Hormuz and restart formal peace talks.
Iran also threatened to open new fronts in the war,… pic.twitter.com/410FVq7Elo
— Chief Nerd (@TheChiefNerd) June 1, 2026