The United States Central Command said the guided-missile destroyer USS Rafael Peralta intercepted the tanker M/T Stream on Sunday, preventing it from reaching its destination.
Oil prices edged higher as traders weighed prospects for peace talks in the Iran conflict, with the US reviewing Tehran’s proposal while the Strait of Hormuz remained largely impassable.
The US Treasury Secretary Scott Bessent said the American blockade on Iranian ports is severely impacting the country’s oil sector, pushing it toward a potential shutdown.
Iran's foreign minister Abbas Araghchi met Russian President Vladimir Putin as negotiations with the US to end the eight-week war remain stalled.