Iran said on Wednesday it is in the "final stage" of drafting an agreement with Oman over the Strait of Hormuz, and US President Donald Trump has said a deal could be announced this week. That could potentially reopen the critical waterway, ease pressure on the world economy and help bring an end to the war. But the agreement is likely to be contingent on the US lifting its blockade on Iran's ports. The Trump administration has previously ruled out any deal that would cement Iran's grip over the strait, which would amount to a major loss for the US and a break with global norms. Iran has insisted on some measure of control over the strait, saying it will not go back to being an open international waterway, as it was before the war. The US, along with Israel, launched the war on February 28, citing various goals including toppling Tehran's government and ending its nuclear programme. Those have not been achieved, and the conflict has devolved into a fight over the strait as Iran's ..
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Trump has often threatened massive strikes if Tehran did not reach an agreement and then cited progress in talks that have so far failed to end hostilities
Trump has often threatened massive strikes if Tehran did not reach an agreement and then cited progress in talks that have so far failed to end hostilities
Iran's leaders have perplexed several American presidents, perhaps none more than President Trump
Iran's leaders have perplexed several American presidents, perhaps none more than President Trump
Iran and Oman are inching toward a deal to reopen the disputed Strait of Hormuz and potentially help bring an end to the war. The emerging agreement calls for ships to enter the Persian Gulf through an Iranian-controlled route and exit through a route controlled by Oman, two regional officials told The Associated Press. Any deal, though, appears contingent on the United States lifting its blockade on Iran's ports. The Trump administration has previously ruled out any deal that would give Iran control over the strait. Elsewhere, a mass funeral was held in Gaza City for more than 100 people killed in an Israeli strike early in the conflict. A memorial service was also held in Beirut, for victims of a 2020 port explosion, and Yemen's Houthis claimed they fired at a Saudi Arabian airport. Here is a look at the most important developments in the Middle East on Tuesday: US officials suggest strait deal imminent Senior US officials struck an optimistic tone on Tuesday, suggesting a deal
Iran and Oman are inching toward a deal to reopen the disputed Strait of Hormuz and potentially help bring an end to the war. The emerging agreement calls for ships to enter the Persian Gulf through an Iranian-controlled route and exit through a route controlled by Oman, two regional officials told The Associated Press. Any deal, though, appears contingent on the United States lifting its blockade on Iran's ports. The Trump administration has previously ruled out any deal that would give Iran control over the strait. Elsewhere, a mass funeral was held in Gaza City for more than 100 people killed in an Israeli strike early in the conflict. A memorial service was also held in Beirut, for victims of a 2020 port explosion, and Yemen's Houthis claimed they fired at a Saudi Arabian airport. Here is a look at the most important developments in the Middle East on Tuesday: US officials suggest strait deal imminent Senior US officials struck an optimistic tone on Tuesday, suggesting a deal
Officials familiar with internal data said the prolonged Iran conflict has sharply depleted key US missile stockpiles, prompting concerns over preparedness for other global flashpoints
Officials familiar with internal data said the prolonged Iran conflict has sharply depleted key US missile stockpiles, prompting concerns over preparedness for other global flashpoints
Bessent said, "We're in talks with the Iranians and I think there is a chance we may have a deal today or tomorrow to open the strait."
Bessent said, "We're in talks with the Iranians and I think there is a chance we may have a deal today or tomorrow to open the strait."
Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap fell 0.29 per cent, while the Nifty SmallCap rose 0.23 per cent
A British maritime monitoring agency said a cargo ship reported being hit by a projectile overnight off the coast of Oman in the Strait of Hormuz, while the United States and Iran made opposing claims about whether they were holding talks. US President Donald Trump on Monday said the two sides are resuming talks to wind down the war. But Iran insisted it only was talking with Oman and the discussion focused on the Strait of Hormuz. Here is a look at the most important developments in the Middle East on Tuesday. Cargo ship reports strike in Strait of Hormuz ------------------------------------------------- The cargo ship reported being "hit by an unknown projectile" at 2 am local time while it was 37 kilometres (23 miles) northeast of Al Khasab in Oman, the United Kingdom Maritime Trade Operations Centre said. The UKMTO did not provide further information on the ship, including what flag the vessel was sailing under or whether it was carrying cargo. The town of Al Khasab sits on
A British maritime monitoring agency said a cargo ship reported being hit by a projectile overnight off the coast of Oman in the Strait of Hormuz, while the United States and Iran made opposing claims about whether they were holding talks. US President Donald Trump on Monday said the two sides are resuming talks to wind down the war. But Iran insisted it only was talking with Oman and the discussion focused on the Strait of Hormuz. Here is a look at the most important developments in the Middle East on Tuesday. Cargo ship reports strike in Strait of Hormuz ------------------------------------------------- The cargo ship reported being "hit by an unknown projectile" at 2 am local time while it was 37 kilometres (23 miles) northeast of Al Khasab in Oman, the United Kingdom Maritime Trade Operations Centre said. The UKMTO did not provide further information on the ship, including what flag the vessel was sailing under or whether it was carrying cargo. The town of Al Khasab sits on
The cost of gasoline in the Southeast Asian nation climbed more than 40% after US strikes on Iran in February disrupted energy supplies through the Strait of Hormuz
The deal would address President Trump's most urgent political problem by allowing ships to move again. But it would give Iran strategic leverage it did not have before the war
The deal would address President Trump's most urgent political problem by allowing ships to move again. But it would give Iran strategic leverage it did not have before the war
Newly planned talks with Tehran are the "last chance" for Iran to forge a deal and avoid an escalation of US strikes on the country, President Donald Trump said Monday. Trump, speaking at the Oval Office, said he expects negotiations that will reopen the Strait of Hormuz and create a pathway for Iran to address the United States' concerns about its nuclear programme will begin in the next day or two. "The first phase is the opening of the straits. The second phase will be the denuclearisation," the Republican president said. "And that will take a little while." While Trump has revelled in the US military decimating layers of Tehran's leadership and devastating its air force and navy, Iran is betting it can outlast Trump as he faces diminished stockpiles of munitions and the difficulty of executing a war that is unpopular with the American electorate ahead of November's midterm election. Trump said he decided to hold off on ordering American forces to carry out new massive strikes .
Newly planned talks with Tehran are the "last chance" for Iran to forge a deal and avoid an escalation of US strikes on the country, President Donald Trump said Monday. Trump, speaking at the Oval Office, said he expects negotiations that will reopen the Strait of Hormuz and create a pathway for Iran to address the United States' concerns about its nuclear programme will begin in the next day or two. "The first phase is the opening of the straits. The second phase will be the denuclearisation," the Republican president said. "And that will take a little while." While Trump has revelled in the US military decimating layers of Tehran's leadership and devastating its air force and navy, Iran is betting it can outlast Trump as he faces diminished stockpiles of munitions and the difficulty of executing a war that is unpopular with the American electorate ahead of November's midterm election. Trump said he decided to hold off on ordering American forces to carry out new massive strikes .