Peace

April 20 (UPI) — Iran said that it carried out drone strikes on Monday against U.S. military vessels blockading its ports after the U.S. Navy attacked an Iranian-flagged container ship in the Gulf of Oman.

The state-run Tasnim News Agency said the Iranian military “launched drone strikes toward several U.S. military vessels in the area” in retaliation for the boarding and seizure of the Touska on Sunday night while it was en route to Iran from China.

“We caution that the Armed Forces of the Islamic Republic of Iran will soon respond to and retaliate for this act of piracy and armed aggression by the US military,” Khatam al-Anbia Central Headquarters, the Iranian military’s central command, said in a statement

Khatam al-Anbia Central Headquarters said the Iranian Armed Forces had held off from delivering “a decisive response” to “blatant aggression by U.S. terrorist commandos” due to concerns for the safety of family members of the ship’s crew who were on board the Touska.

“Iran’s operational action was delayed in order to protect their lives and security, which were in constant danger,” the statement added.

The U.S. military did not immediately comment on Iran’s claim it conducted drone strikes.

However, U.S. Central Command posted video of the guided-missile destroyer USS Spruance warning the Touska to “vacate your engine room” because it was about to open fire and, some time later, night-vision footage of helicopter-borne U.S. Marines from USS Tripoli conducting an amphibious assault operation to take over the vessel.

CENTCOM said the Spruance intercepted Touska as it was steaming toward the Iranian port of Bandar Abbas, issuing multiple warnings over a six hour period that it was in violation of the U.S. blockade. When it refused to stop, the Spruance fired several rounds from its 5-inch gun hitting the engine room and disabling the vessel.

U.S. Marines from the 31st Marine Expeditionary Unit later boarded the vessel and took control of the vessel, which remains in U.S. custody.

CENTCOM said U.S. forces had ordered 25 commercial vessels to turn back, or return to an Iranian port, in the week since the United States implemented its blockade of Iranian ports on April 13.

However, Sunday was the first time that the U.S. military is known to have opened fire on merchant shipping since the war started Feb. 28.

The escalation came after a rollercoaster weekend that began with Tehran declaring that the Strait of Hormuz was fully open to all commercial shipping for the remainder of the 14-day cease-fire currently in place, which is due to expire on Wednesday.

The move was welcomed by the United States, but the administration of U.S. President Trump made it clear its blockade would remain in place. That prompted Tehran to accuse the United States of violating the cease-fire and by Saturday it declared the strait closed again and at least one tanker was fired on by two Iranian gunboats as it attempted to enter the sea lane.

The developments have cast doubt over peace talks, which are due to resume in Islamabad, Pakistan, later Monday or first thing Tuesday.

Trump said in a post on his Truth Social platform that U.S. negotiators would arrive in the Pakistani capital on Monday night, with the White House later confirming that Vice President JD Vance would again head up the U.S. delegation, picking up from where he left off from in an initial round of talks on April 11 that failed to produce a breakthrough.

Tehran said Monday it had not yet decided whether it would attend.

“As of now, while I am speaking to you, we do not have a plan for the next round of negotiations, and no decision has been taken in this regard,” Foreign Ministry spokesperson Esmaeil Baqaei said at a press conference in Tehran.

Referencing the ongoing U.S. blockade and seizure of the container ship, Baqaei accused the United States of actions that “are in no way indicative of seriousness in pursuing a diplomatic process.”

However, the comments do not mean Iran will not show in Islamabad.

The Iranian side only confirmed participation in the first round of negotiations at the last minute.

Global oil prices, which fell sharply on Friday after Iran said the Hormuz Strait was open, rose again over the weekend but were holding steady in late morning trade in London where Brent crude for June delivery contract was changing hands at $95.24 a barrel and West Texas Intermediate for May delivery was changing hands at $88.89 a barrel.

Brent crude rises more than 7 percent as Washington and Tehran offer conflicting accounts on ceasefire negotiations.

Oil prices have risen sharply following attacks on commercial vessels in the Strait of Hormuz and conflicting messages about the prospect of renewed negotiations between the United States and Iran.

Brent crude futures, the primary benchmark for global prices, jumped more than 7 percent in Asia on Monday as the outlook for peace between Washington and Tehran darkened.

Prices eased somewhat later in the morning, with the benchmark at $94.69 a barrel as of 02:05 GMT, up from just under $90.40 on Friday.

The latest price surge came after US President Donald Trump said US forces seized an Iranian-flagged cargo vessel that had attempted to evade the US blockade of Iran’s ports.

Trump’s announcement followed reports by the United Kingdom Maritime Trade Operations (UKMTO) Centre over the weekend that two vessels came under attack while transiting the strait.

Iranian gunboats fired on a tanker, while an “unknown projectile” struck a container ship, according to the UKMTO.

After declaring the strait “completely open” on Friday, Tehran reversed course less than 24 hours later, citing the ongoing US blockade.

Earlier on Sunday, Trump said that a US delegation would travel to Pakistan on Monday to hold a second round of ceasefire talks with Iranian officials.

Iranian state news outlet IRNA later reported that Tehran would not participate in the talks, citing the US blockade and Washington’s “excessive demands” and “unrealistic expectations”.

A two-week ceasefire between Washington and Tehran is set to expire on Wednesday if the sides cannot agree on an extension.

An initial round of talks held in Islamabad earlier this month broke down without any agreement between the sides.

Iran’s effective closure of the strait, which usually carries about one-fifth of global oil and natural gas supplies, has driven a surge in fuel prices worldwide, forcing governments to tap emergency supplies and roll out energy-saving measures.

Nineteen vessels crossed the strait on Saturday, up from 10 the previous day, but far below the historical average of 138 daily transits, according to the UKMTO.

Asia’s main stock markets opened higher on Monday despite the dimming prospects of de-escalation.

Japan’s Nikkei 225 rose more than 1 percent in morning trading, while South Korea’s KOSPI gained about 1.3 percent.

Hong Kong’s Hang Seng Index rose about 0.5 percent, while the SSE Composite Index in Shanghai gained more than 0.4 percent.

European stocks were mostly steady on Wednesday as investors weighed signals from Washington that a diplomatic breakthrough in the Iran war could be imminent.

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The pan-European Stoxx 600 had ticked down 0.1%, Germany’s Dax edged 0.11% higher and the FTSE 100 climbed 0.11%. The CAC 40 in France fell by a slightly greater margin, at 0.65%.

US President Donald Trump said fresh talks between Washington and Tehran “could be happening over the next two days” in Islamabad, signalling a possible diplomatic breakthrough, and added that the war was “very close to over” — despite continued uncertainty over key sticking points in negotiations.

Asian markets were broadly higher.

Japan’s Nikkei 225 gained 0.5%, South Korea’s Kospi jumped 3.0% and Hong Kong’s Hang Seng edged up 0.7%.

The Shanghai Composite added 0.2%, while Australia’s S&P/ASX 200 was little changed, up less than 0.1%.

On Wall Street, the S&P 500 added 1.2% to its gains from the previous day, and the index at the heart of many 401(k) accounts is now just 0.2% below its record set in January.

The Dow Jones Industrial Average rose 317 points, or 0.7%, while the Nasdaq Composite climbed 2%.

On Wednesday, benchmark US crude inched up by 1 cent to $91.29 a barrel.

Brent crude added 48 cents to $95.27, or less than 1%, after falling 4.6% the previous day. While that is still above its roughly $70 level from before the war began in late February, it remains well below the peak of $119.

Lower oil prices help reduce costs for businesses across the economy. However, some analysts noted that the war is still ongoing, warning that the optimism may prove unfounded.

“The counterintuitive decline in crude appears driven by growing hopes that a second round of peace talks between Washington and Tehran could soon materialise, after the first attempt fizzled out,” said Tim Waterer, chief market analyst at KCM Trade.

“Traders are clearly choosing to price in the possibility of de-escalation rather than the immediate reality of restricted flows,” he added.

Asian nations depend on access to the Strait of Hormuz, a narrow waterway that is the main route for crude oil produced in the Persian Gulf to reach customers worldwide. Disruptions there have kept oil off the global market, driving up prices.

Global inflation this year is expected to accelerate to 4.4% from 4.1% in 2025, according to the International Monetary Fund, which had previously forecast a slowdown to 3.8%.

The IMF also downgraded its forecast for global economic growth to 3.1% this year, from 3.3% projected in January.

Overall, the S&P 500 rose 81.14 points to 6,967.38. The Dow Jones Industrial Average gained 317.74 points to 48,535.99, while the Nasdaq Composite climbed 455.35 points to 23,639.08.

In the bond market, Treasury yields eased as falling oil prices reduced inflationary pressure. The yield on the 10-year Treasury fell to 4.25% from 4.30% late Monday.

In currency trading, the US dollar edged up to 159.03 Japanese yen from 158.79 yen. The euro stood at $1.1780, down from $1.1797.

US stocks climbed to the brink of a record high on Tuesday, while oil prices eased as hopes grew that Washington and Tehran may resume talks to end their war.

The S&P 500 rose 1.2%, leaving it just 0.2% below its January peak. The Dow Jones Industrial Average gained 0.7%, while the Nasdaq Composite jumped 2%, tracking broader global market gains.

Investors are betting that renewed diplomacy could prevent a prolonged surge in oil prices and inflation, allowing focus to return to corporate earnings.

Brent crude for June delivery fell 4.6% to $94.79, down from recent highs, though still above pre-war levels.

However, volatility remains high, with markets sensitive to developments around the Strait of Hormuz, a key route for global oil supply.

April 14 (Asia Today) — More than 2,000 people took part in a marathon in southwestern South Korea to honor the legacy of Han Yang-won, a spiritual figure known for promoting coexistence and peace.

The third Haepyeong Marathon was held Saturday in Namwon, North Jeolla Province, the hometown of Han, who died in 2016. The event was organized by the Association for Coexistence and Peace and supported by the Ministry of Culture, Sports and Tourism.

The marathon commemorates Han’s lifelong efforts to promote interfaith harmony and shared national values. The event name comes from his pen name “Haepyeong,” reflecting his core philosophy of coexistence and peace.

Organizers said this year’s event also aimed to express solidarity with people affected by ongoing conflicts around the world and to call for an end to war.

Participants ran 5-kilometer and 10-kilometer courses, with ages ranging from 5 to 78, highlighting a cross-generational turnout.

“The message of coexistence and peace is more urgent than ever in a world marked by conflict,” said Kim Dong-gyu, secretary-general of the organizing group. “We hope this event can help inspire a future where people live together in peace.”

Han was a leader of a Korean indigenous religious tradition that incorporates elements of Confucianism, Buddhism and Taoism. He also founded a national council of Korean religions in 1985 and led it for more than three decades.

He was posthumously awarded one of South Korea’s highest civilian honors in 2017 in recognition of his contributions to religious harmony.

— Reported by Asia Today; translated by UPI

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Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260414010004375