Follow NBC News live coverage of the U.S. seizing an Iranian ship, Trump's blockade and the Strait of Hormuz, peace talks in Pakistan, and Israel-Lebanon.

US military officials are developing new plans to target Iran’s capabilities in the Strait of Hormuz in the event the current ceasefire with Iran falls apart, according to multiple sources familiar with the matter.

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was largely flat at 4.332%.

White House says Tehran in ‘very weak position’; Iran says two seized ships transferred to its coast; US navy secretary leaves office ‘effective immediately’, says Pentagon