US and Iran having ‘very good discussions’, Trump says
Summary
US and Iranian officials are holding talks that could lead to an interim deal to reopen the Strait of Hormuz, lifting a major disruption to global oil and shipping routes. Trump said the discussions were “very good,” while Iran signaled any agreement would depend on an end to US threats.
Key Points
- Trump said his administration held “very good discussions” with Iran after all-day negotiations on Tuesday.
- Oil prices fell and Asian stocks rose on hopes that traffic through the blockaded Strait of Hormuz could soon resume.
- Axios reported the US and Iran are close to an interim agreement, possibly with Oman's involvement, though Iranian media said a deal could be delayed if US threats continue.
- Qatar said mediators were making progress, while fighting and shipping disruptions in the Red Sea and Gulf continue to raise casualties and pressure global trade.
