After briefly opening the Strait of Hormuz, Iran has once again announced its closure over the US blockade of Iranian ports. Follow live for oil price updates, the US-Russia oil waiver, and the high-stakes Doha negotiations.

The Strait of Hormuz remains effectively closed to most commercial shipping traffic due to Iran's threats and despite an ongoing U.S. military blockade of Iranian ports aimed at forcing a reopening. The tanker gridlock is keeping global oil and gas prices high and keeping pressure on all parties to the conflict to find a solution.