Even though a ceasefire has been declared, tensions between the United States and Iran have now shifted to the Strait of Hormuz. After talks held in Islamabad failed, the United States has effectively imposed a blockade on the strategic waterway. As a result, ships are unable to move in or out of Iran through the Strait of Hormuz. This development is expected to have a serious impact on the global economy. Even some of America’s allied nations have criticized the move to block the strait. According to a report by The Wall Street Journal, Iran could suffer losses exceeding ₹4,000 crore per day due to the blockade. The estimate takes into account halted exports and other related economic disruptions. Iran, which has already suffered significant damage from recent US-Israel attacks, now faces a critical question: how long can it withstand the closure of the Strait of Hormuz?Meanwhile, China and several other countries have strongly opposed the US action.
China has warned that it will not tolerate interference in its relations with Iran and has stressed that maritime traffic through the strait must continue without disruption. At the same time, reports suggest that a second round of talks between the United States and Iran may take place soon. US President Donald Trump has stated that Iran is once again showing willingness to reach an agreement. US Vice President JD Vance, who participated in the negotiations, said that “the ball is now in Iran’s court.” The main sticking point between the two countries remains Iran’s nuclear program. While the US has demanded that Iran halt uranium enrichment for 20 years, Iran has reportedly agreed only to a five-year suspension. Now, all eyes are on whether both sides will show flexibility and reach a lasting agreement to end the conflict. Officials are said to have already begun preparations for the next round of face-to-face talks. However, it is still unclear whether the second phase of negotiations will again be held in Islamabad or at a different location.