Trump Says Deal To Reopen Strait of Hormuz Could Come As Early As Wednesday
Trump said the United States, Iran and Oman are nearing a 60-day shipping accord as oil prices eased about 1% on hopes of reopened traffic.
- On Tuesday, President Donald Trump said his administration had "very good discussions" with Iran during all-day negotiations, fueling expectations of an imminent end to the five-month conflict.
- Mediators in Qatar indicated progress toward ending the war, though Tehran denied talks were underway; Iran has long demanded control over the Strait of Hormuz while maintaining a blockade of it.
- According to Axios, the U.S. and Iran are closing in on an interim agreement to reopen the strait with Oman's involvement, while Iran's Foreign Ministry confirmed talks focused on establishing safe shipping lanes.
- Markets reacted positively on Wednesday as oil prices fell and stocks jumped in Asian trade following Wall Street record highs, though Trump warned the "hardest hit is yet to come" if negotiations fail.
- Iranian state media stated an agreement will be delayed "as long as the United States continues to threaten Iran," while casualty figures show more than 3,400 Iranian deaths since February 28 versus 18 U.S. military deaths.
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274 Articles
Donald Trump promises that the Strait of Hormuz is about to reopen, and for months the promise has collided with the reality of the negotiations. Wednesday the script repeated with a...
President Donald Trump of the United States stated that his administration had "very good talks" with Iran on 4 August. The meeting, Reuters reported, lasted several hours. The resumption of those talks had previously been announced by Trump himself.
President Trump said that an agreement to reopen the Strait of Ormuz could be put into effect this week, while Gon and Omn negotiate.
Washington has another chance to end the stalemate war with Iran and restore free navigation in the Strait of Hormuz. The post Hormuz: 1956 Suez-style solution on the table – Will Trump accept it? appeared first on in.gr.
Santa Maria Times
Trump says deal to reopen the Strait of Hormuz could come this week
U.S. President Donald Trump says a deal to reopen the Strait of Hormuz could come this week. Iran and Oman appear to be inching toward an agreement on the critical waterway that could ease pressure on the global economy and…
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