Iran threatens retaliation over US blockade as Israel warns of Beirut strikes

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. Regional tensions rise as Iran vows to resist the U.S. blockade and asserts control over the Strait of Hormuz, while Netanyahu signals military action against Hezbollah in Beirut. President Donald Trump downplayed reports that Iran is walking away from peace talks with the U.S., saying it may be "good" for negotiations to "go silent." Iranian state media says the nation's government has halted talks with the U.S. in protest against Israel's attacks on Hezbollah. Iranian President Masoud Pezeshkian has resigned his post after being held out of key decision making processes by the Iranian Revolutionary Guard Corps, Iranian media says. Kuwait says it intercepted strikes from Iran on Monday after a flurry of attacks by U.S. forces. Oil prices jumped 2% in early trading on Monday as the war in Iran continues to take a toll on the global economy. Mohsen Re