U.S. President Donald Trump reported the seizure of an Iranian cargo ship that attempted to breach a blockade, asserting that U.S. forces now have full custody of the vessel. This action follows Iran's rejection of further peace negotiations, which Trump had hoped would lead to a resolution before the upcoming ceasefire deadline. The ongoing conflict, now in its eighth week, has significantly disrupted global oil supplies, with the Strait of Hormuz, a critical shipping route, remaining under tension. The blockade has contributed to rising oil prices, causing concern among global markets. Trump's warning of potential airstrikes on Iranian infrastructure has further escalated tensions, with Iran threatening to retaliate against neighboring countries hosting U.S. bases. As U.S. envoys prepare to travel to Islamabad for talks, the situation remains precarious, with the potential for renewed conflict looming as the ceasefire deadline approaches.