Middle East crisis live: US claims blockade has ‘completely halted economic trade’ into Iran, as Trump hints at return to talks in Pakistan

US military boasts blockade of the strait of Hormuz will incapacitate Iran’s economy; Trump says negotiations could return to Pakistan

• US-Iran peace talks could resume in next two days, Trump says

JD Vance has said Iran will “thrive” if it commits to not having a nuclear weapon. Speaking at a Turning Point USA event in Georgia, the US vice-president said Donald Trump “doesn’t want to make, like, a small deal. He wants to make the grand bargain.”

We’re going to make it economically prosperous, and we’re going to invite the Iranian people into the world economy in a way they haven’t been in my entire life.”