Iran Shuts Down Strait Of Hormuz Again, Accusing US Of 'Piracy'

But Iranian Deputy Foreign Minister Saeed Khatibzadeh said during a panel Saturday that“That is not the term we agreed on.”

Iran's military headquarters later issued a formal statement declaring that it would begin limiting travel through the strait.

“The Islamic Republic of Iran, following previous agreements met in the negotiations conducted in good faith, agreed to manage the passage of a limited number of oil and commercial ships through the Strait of Hormuz,” the statement said.“Unfortunately, the Americans, with their repeated breaches of trust that are part of their history, continue their acts of piracy and maritime theft under the pretext of a so-called blockade.”

“This strategic waterway is under strict management and control by the armed forces,” it continued.“As long as the United States does not end the complete freedom of movement for vessels from Iran to their destinations and back, the situation in the Strait of Hormuz will remain under strict control and will remain as it was before.”

Islamic Revolutionary Guard Corps (IRGC) gunboats later on Saturday opened fire on an oil tanker traveling through the strait. No injuries were reported.

As Al Jazeera reporter Ali Hashem described the situation, talks between the US and Iran have been brought“back to square one.”

The gap appears increasingly unlikely to be bridged by Wednesday, as Trump continues to demand that Iran allow the US to remove all its enriched uranium, which Iran has said is a nonstarter.

US and Israeli strikes in Iran have already killed more than 1,700 civilians, according to the US-based Human Rights Activist News Agency, and more than 3 million Iranians have been displaced since the war began, according to the United Nations Refugee Agency.

Trump said Friday that perhaps he“won't extend” the ceasefire and that“the blockade is going to remain. If an agreement is not reached by Wednesday, he said,”unfortunately, we'll have to start dropping bombs again.“

The president said that Iran“got a little cute” on Saturday by closing the strait again, but said Iran“can't blackmail us.”

Shutting the waterway has, however, proven to be one of Iran's most effective points of leverage against the US. It has caused gas prices to soar above $4 and inflation to ripple through the entire Western economy, further tanking Trump's already grim approval ratings as the US midterm elections approach.