US President Donald Trump has accused Iran of committing a 'serious violation' by closing the Strait of Hormuz, a vital shipping lane, in retaliation for the ongoing US naval blockade. In an interview with ABC News, Trump stated that Iran's actions, including firing on gunships, breached a ceasefire agreement. He emphasized that despite these tensions, he remains confident about reaching a peace deal with Iran, stating, 'It will happen. One way or another.' Trump highlighted that Iran's closure of the strait is detrimental to them, costing approximately $500 million daily, while the US faces no losses from this situation. He also confirmed that US representatives are set to travel to Pakistan for renewed negotiations, marking the first direct talks between the two nations in decades. However, Iranian officials have indicated that they are not ready for negotiations, citing what they perceive as excessive demands from the US.