Iran warns Hormuz will stay shut unless US lifts siege on its ports

Iran is threatening to keep the Strait of Hormuz shut unless the US lifts what it calls a 'US siege' on Iranian ports. Iranian gunboats and IRGC radio warnings have deterred commercial shipping through the Strait, one of the world's key oil chokepoints. This move is raising fears of renewed escalation as overlapping ceasefires with Israel and the US near expiry.