Trump Warns Iran on Hormuz Strait, Expects Deal Soon
Summary
Donald Trump warned Iran of serious consequences if the Hormuz Strait is not reopened soon, saying negotiations with the US and Oman are moving in a positive direction. An interim deal could restore safe passage through the key oil shipping route within days.
Key Points
- Donald Trump said the Hormuz Strait should reopen very soon and warned Iran it would be badly affected if it did not.
- He said talks between the US, Iran and Oman are progressing positively and a deal could come within a day or two.
- Axios reported that an interim agreement is in its final stages and could be announced as soon as Wednesday.
- The proposed 60-day arrangement would secure maritime passage through the strait, a vital route for global oil and gas supplies.
