Iran has reported an estimated $270 billion in preliminary losses from the ongoing war, according to a statement released on April 14, 2026. Government spokesperson Fatemeh Mohajerani shared the figure in an interview with Russia’s RIA Novosti, as cited by Iran’s Tasnim News Agency. She cautioned that the figure represents only an initial assessment and that the final amount could be significantly higher.

Mohajerani explained that Iran’s negotiating team has been addressing war compensation issues, which were also discussed at a meeting in Islamabad. She noted that damage assessments are conducted in several stages. The reported losses stem from attacks by the United States and Israel, which have caused extensive damage to Iran’s infrastructure and economy.

The report underscores the scale of destruction Iran faces amid the ongoing conflict and highlights the government’s focus on securing reparations through diplomatic channels.

Iran’s Oil Minister Mohsen Paknejad stated that the country’s oil sales during March and April were satisfactory, according to a report by Iran’s Fars News Agency. The minister emphasized that part of the oil revenue should be used to rebuild the oil industry, which has been damaged by the ongoing war.

Earlier, Paknejad had mentioned that the price of Iran’s crude oil had risen significantly in the previous month. The report did not specify the volume of oil sold or the exact reasons behind the increase in sales performance.

The statement comes as Iran continues to face economic and industrial challenges linked to the conflict, with the government focusing on recovery and stabilization of its energy sector.

US Vice President JD Vance stated that the decision on a ceasefire agreement now depends entirely on Iran, saying the 'ball is in their court.' He explained that the United States has clarified its position and conditions in the negotiations and has already presented a proposal. The main question, he said, is whether Tehran will accept it.

Vance emphasized that Washington will not compromise on two issues: strict control over Iran’s enriched uranium and an effective verification system to prevent nuclear weapons development. He added that if Iran abandons its nuclear weapons program, the United States is ready to treat it as a normal country. The US also expects the Strait of Hormuz to be fully reopened as part of the ceasefire, as its closure has significantly disrupted global energy supplies.

A recent meeting in Pakistan ended without a final resolution, though both sides indicated willingness to continue discussions, according to the report sourced from Al Jazeera.

Iran has proposed suspending its uranium enrichment program for five years, but the United States has rejected the offer, insisting on a twenty-year freeze. The proposal was made during a meeting held in Islamabad, Pakistan, according to senior Iranian and US officials cited by The New York Times.

The report said that both sides exchanged proposals on halting Tehran’s nuclear activities but remained far apart on key terms. Despite the disagreements, officials indicated that the talks might open a path toward a potential peace agreement. Meanwhile, the United States has begun imposing blockades on Iranian ports, escalating tensions between the two nations.

Iran’s nuclear program continues to be one of the central issues in the ongoing conflict. US President Donald Trump reiterated on Sunday that Washington would ensure Iran never acquires nuclear weapons, underscoring the deep divide over the future of Iran’s nuclear ambitions.

U.S. President Donald Trump on Monday announced a naval blockade on Iran, declaring that American forces would intercept ships entering or leaving Iranian ports. The move followed the collapse of peace talks in Islamabad after Iran refused to reopen the Strait of Hormuz. Trump warned that any Iranian vessels approaching the blockade would be destroyed, claiming that Iran’s navy had already suffered heavy losses. The U.S. Central Command confirmed the blockade’s initiation, stating it would cover all Iranian coastal areas but would not disrupt international transit through the Strait of Hormuz.

Iranian leaders rejected the threat, with Parliament Speaker Mohammad Bagher Ghalibaf vowing not to yield and warning of severe retaliation. The Revolutionary Guard Corps labeled the U.S. action as “piracy” and released footage showing U.S. destroyers retreating after Iranian warnings. Britain, Russia, Spain, and China criticized the blockade, calling it reckless and harmful to global stability.

Following Trump’s announcement, global oil prices rose by 7 percent to $102.29 per barrel, while U.S. crude climbed 8 percent to $104.24. Germany responded to the energy shock by announcing temporary fuel tax cuts to ease domestic pressure.

Former US diplomat Jeffrey Feltman has said that differences between the United States and Israel over Iran’s military capabilities have become increasingly visible. In an interview with Al Jazeera, he noted that Israel and other close US allies are more concerned about Iran’s ballistic missile program than its nuclear activities. Feltman explained that this issue has become a key point of divergence in shaping military strategies toward Iran.

He added that Gulf countries share similar concerns, as they had believed the US air defense systems provided a strong security shield. However, recent conflicts have repeatedly breached those defenses, undermining their confidence. Analysts cited in the report suggested that this growing divergence could influence future joint strategies by the US and its allies regarding Iran.

The report also mentioned that the differing threat perceptions among allies may complicate coordinated policy responses to Iran’s regional activities.

Iran’s parliament speaker Mohammad Bagher Ghalibaf has praised Pope Leo XIV for his “fearless stance” following a public dispute between the Pope and U.S. President Donald Trump. According to a report by Islamic Republic of Iran Broadcasting, Ghalibaf commended the Pope for condemning what he described as the “war crimes” of the United States and Israel.

Ghalibaf said the Pope’s message of “I have no fear” resonates widely and serves as a light for those who refuse to remain silent in the face of the killing of innocents. He added that the Pope’s leadership inspires millions and thanked him for his courage and guidance.

The remarks came after Trump criticized the Pope, calling him “weak on crime” and “terrible for foreign policy,” intensifying the exchange between the two global figures.

U.S. President Donald Trump announced that a naval blockade around Iran’s ports has officially taken effect. In a post on Truth Social, he stated that the blockade covers access to and from Iranian ports in the Persian Gulf and the Gulf of Oman, effective from 8 p.m. Bangladesh time. Trump warned that any Iranian “attacking ships” approaching the U.S. blockade would be destroyed immediately.

Trump claimed that Iran’s navy had already suffered heavy losses, with 158 ships destroyed, and said only a few “fast attack ships” were spared as they were not considered a major threat. He compared the U.S. response to actions taken against drug traffickers at sea, emphasizing that similar measures would be used against any Iranian vessels violating the blockade.

The report also noted that China described the U.S. blockade as irresponsible, while Iran’s war losses were estimated at 270 billion dollars. Iran’s oil minister said March and April oil sales were satisfactory, and the U.S. vice president commented that “the ball is now in Iran’s court.”

Satellite imagery analyzed by BBC Verify showed that the US aircraft carrier USS Abraham Lincoln was positioned about 200 kilometers (124 miles) from Iran’s coast last Saturday. The vessel was located at the eastern end of the Gulf of Oman, marking the closest approach of a US warship to Iran since the start of US and Israeli attacks on the country, according to the report.

The satellite images also revealed two additional nearby warships resembling US Navy guided-missile destroyers in size and structure. BBC suggested these ships could be part of the USS Abraham Lincoln’s strike group. The analysis highlights a significant naval presence in the region amid heightened tensions following recent military actions involving Iran, the United States, and Israel.

The report did not specify any official statements or responses from the involved parties, leaving the purpose and duration of the carrier’s deployment near Iranian waters unclear.

Qatar’s Prime Minister and Iran’s Foreign Minister held a phone conversation to discuss the current ceasefire situation between Iran and the United States and its regional implications, according to Al Jazeera. The discussion focused on the need for all parties to respond positively to ongoing mediation efforts aimed at easing tensions.

A statement from Qatar’s Foreign Ministry said both sides emphasized the importance of maintaining dialogue and peaceful means to address the root causes of the crisis to ensure long-term stability. The Qatari Prime Minister also stressed the necessity of keeping all waterways open to avoid disruptions to global energy and food supply chains.

The talks come as regional developments continue to affect trade and security, with both nations highlighting the importance of diplomatic engagement to prevent further escalation.

The United States has imposed a blockade on all ports in Iran’s Gulf region, according to the U.S. Central Command. The blockade officially began at 5:30 p.m. local time on Monday, April 13, 2026. It applies to vessels of any national flag heading to or departing from Iranian ports, which may be intercepted, redirected, or seized. However, the measure does not apply to ports in other Gulf countries. The Central Command stated on social media that the blockade covers all ships positioned in the Arabian Sea east of the Strait of Hormuz and the Gulf of Oman, warning that unauthorized entry or exit will prompt action.

Iran’s Islamic Revolutionary Guard Corps strongly condemned the move, calling it “illegal” and “maritime piracy.” A spokesperson warned that no port in the Persian Gulf or the Gulf of Oman would remain safe unless the security of Iranian ports is ensured. The blockade follows earlier restrictions by Iran on shipping through the Strait of Hormuz after conflict erupted on February 28.

Given that nearly 20 percent of global energy supplies pass through this route, the blockade is expected to significantly affect the international energy market.

The United Kingdom Maritime Trade Operations (UKMTO) has issued a warning about new maritime access restrictions being enforced around Iran’s ports and coastal areas. The advisory states that the restrictions apply to all vessels, regardless of their national flag, and cover Iran’s entire coastline, including ports, oil terminals, and energy infrastructure. The affected region extends from the Arabian Gulf and Gulf of Oman to the eastern Arabian Sea near the Strait of Hormuz.

According to UKMTO, ships transiting the Strait of Hormuz to or from destinations other than Iran are not currently facing movement restrictions. However, such vessels may encounter military presence, direct instructions, or inspections during their passage. Neutral ships presently docked at Iranian ports have been given limited time to leave the area.

UKMTO has urged all vessels to maintain maximum vigilance, ensure bridge readiness, and exercise caution in communications while navigating near Iranian waters.

Iranian President Masoud Pezeshkian has condemned US President Donald Trump’s remarks in the ongoing dispute with Pope Leo. In a message posted on social media platform X, Pezeshkian expressed support for the Pope and denounced what he described as an insult. He stated that the disrespect toward Jesus, a symbol of peace and brotherhood, is unacceptable to any free-minded person. Pezeshkian also prayed for the Pope’s continued honor and dignity.

Earlier, Pope Leo had responded to Trump’s criticism, saying that the Vatican’s call for peace and reconciliation on the Iran–US–Israel issue was based on biblical teachings. The exchange has drawn attention from international media, with BBC and CBS News reporting on the development.

The incident has renewed diplomatic tension between the United States and the Vatican, sparking broader discussions in global forums about the implications for interfaith and international relations.

Iran has dismissed U.S. President Donald Trump’s declaration about blocking the Strait of Hormuz as a bluff. The statement came from a spokesperson of Iran’s parliamentary national security commission, who said the threat does not align with reality and could further complicate the situation. Security official Ebrahim Rezaei warned that Tehran is prepared to respond if the situation turns military.

In a post on X, Rezaei added that such decisions would destabilize global markets and hinted that Iran possesses strategies not yet deployed but could be used if necessary. The report, cited by CBS News through BBC’s U.S. partner, highlighted growing tensions between the United States and Iran over the strategic waterway.

The escalating rhetoric has raised concerns that the standoff around the Strait of Hormuz could intensify, affecting regional stability and global trade routes, according to the report.

The United States has officially begun a naval blockade to halt all maritime traffic entering and leaving Iranian ports. According to the U.S. military, the blockade took effect at 14:00 GMT. The move has drawn widespread international criticism, including from several U.S. allies, following reports by Al Jazeera. A U.S. official stated that the military is prepared to enforce and maintain the blockade but has not yet defined procedures for potential violations.

Iran has condemned the action as illegal under international maritime law and described it as an act of piracy. The Islamic Revolutionary Guard Corps (IRGC) warned that any warship approaching the Strait of Hormuz would be treated as a breach of the current ceasefire. The blockade comes at a time when the strait, a key global energy route, has previously faced closures under Iranian leadership.

The move has received little support from U.S. allies. British Prime Minister Keir Starmer said the United Kingdom does not support the blockade, while European Commission President Ursula von der Leyen emphasized the importance of restoring freedom of navigation.