Iran threatens to retaliate against Gulf ports

Washington/Dubai: The U.S. military said it will begin a blockade of ships leaving Iran's ports on Monday, and Tehran threatened to retaliate against ports of ​its Gulf neighbours after weekend talks on ending the war broke down, putting a ceasefire at risk.Oil prices surged when trade reopened on Monday, with no sign of a swift reopening of the Strait of Hormuz to ease the biggest ever disruption in supplies.Since the war started on February 28, Iran has effectively shut the strait to all vesse...