The U.S. and Iran remain deadlocked over reopening the Strait of Hormuz as each side tries to see how long the other can hold out, and signs of significant oil flows out of the Persian Gulf indicate President Donald Trump is betting he has additional leeway. In the past week, the administration has pushed back
Iran’s hardline demand for a Strait of Hormuz fee system would generate close to $20 billion a year, but such astronomical tolls won’t be accepted by the U.S. or Iran’s Gulf neighbors, geopolitical and energy analysts say. That means the ongoing stalemate will drag on indefinitely or Iran will eventually accept a lesser, but still
Iran issued dramatic new demands around the reopening of the Strait of Hormuz, and the United Arab Emirates said one of its ships was targeted by an Iranian missile. Yemen’s military attacked the country’s Iranian-backed Houthi rebels. And Turkey’s Kurdish peace bill won approval in parliament. Here’s a look at developments across the Middle East on Saturday. Full coverage
Oman has said positive talks have been taking place with Iran over an agreement to secure a shipping route through the Strait of Hormuz, as Tehran warned that any deal would not see an immediate reopening of the vital waterway. Both sides suggested on Saturday that discussions were progressing, but a timeline on any deal
WASHINGTON — To reach a deal with Iran that reopens the economically vital Strait of Hormuz, President Donald Trump may need to do something out of character — compromise. Any concession would be tough for the Republican president, who has insisted there is no truth to his sagging poll numbers, the sluggish economy and the
Iran says it has reached an agreement with Oman on a route for shipping through the Strait of Hormuz. Foreign ministry spokesman Esmaeil Baqaei did not give any further details on the agreement, which he said was “in the final stages”. Baqaei warned however that a deal with Oman would not guarantee safe navigation through