Iran says the Strait of Hormuz will remain closed until the US lifts its blockade of Iranian ports. Lead Iranian negotiator and Speaker of Iranian Parliament Mohammad-Bagher Ghalibaf says a lack of trust is a key obstacle to achieving success in the negotiations with America. US President Donald Trump says the US will destroy all of Iran's power plants and bridges if Tehran rejects his proposed deal. Houthis in Yemen threaten to close down the Bab al-Mandab Strait, located between the Red Sea and the Gulf of Aden. Oil prices remain stable for the time being.


