Donald Trump Is ‘Trapped’ In the Strait of Hormuz and Has No Way Out Now
Tehran says the strait is a natural right while the world’s emergency oil stocks shrink, leaving markets more exposed to any disruption, officials said.
- On Saturday, President Donald Trump canceled a planned attack on Iran, citing 'perimeters of a deal' that would secure immediate reopening of the Strait of Hormuz.
- Iran rejected frozen-funds relief in late July and warned of a formal transit ban, continuing a pattern of ultimatums since March that stalled diplomatic negotiations.
- The Strategic Petroleum Reserve fell last week to its lowest level since 1983, with the Government Accountability Office warning in May that over one-quarter of remaining stocks is 'not available for drawdown'.
- American officials fear regime figures are 'more committed than ever' to wielding the waterway, prompting the State Department to urge citizens across the Middle East to consider leaving the region.
- Iran continues to assert a 'natural and legal right' over the strait, indicating that despite the claimed breakthrough, long-term transit stability remains uncertain.
29 Articles
29 Articles
Oil Holds Decline With Focus on Iran Negotiations, Hormuz Flows
Oil was steady after its biggest drop in a week, as President Donald Trump said his latest offer of talks is Tehran’s “last chance” and that he expects a full reopening of the Strait of Hormuz.
US-Iran war LIVE UPDATES; Donald Trump backs down on attack threats as Iran and Oman hold talks on Strait of Hormuz
“I think we’re going to maybe get something, but I want to give them every last chance before decapitation,” the US president said. Follow live updates here.
The deal, and call, behind Trump’s climbdown on Iran strikes
President Donald Trump’s climbdown from threats to escalate the war with Iran happened because “the perimeters of a deal” have been agreed to, he said, with reports of a potential joint Iran-Oman accord to govern shipping through the Strait of Hormuz. “Would I rather make a deal? I’m not looking to kill people, because people die” from further attacks, the president told reporters. Trump said this deal would include the “immediate, complete, and…
Trump pauses Iran attacks and wildfires rage in U.S. and Europe: Weekend Rundown
President Donald Trump agreed to pause attacks on Iran on Saturday, citing “perimeters of a deal” that would end Tehran’s “nuclear threat” and reopen the Strait of Hormuz.
The American president: "Instant and total opening of the Straits." But Iranian media deny: "No agreement"
U.S. President Donald Trump stated that he has reached an agreement with Iran regarding the Strait of Hormuz issue and that the possibility of a future nuclear deal remains open. The operation to bomb Iranian infrastructure in collusion with Israel has been suspended following Trump's decision, and the two countries are expected to resume negotiations on the 3rd to ease tensions.
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