CAIRO/WASHINGTON/RIYADH — Iran said Saturday that an agreement with Oman on a new shipping route through the Strait of Hormuz was close, but stressed that the deal alone would not reopen the strategic waterway. Tehran said other conditions, including compensation from the United States, would have to be addressed.
टैग: Oil Prices
Trump Signals Iran Deal, But Markets Rise Despite No Breakthrough
WASHINGTON, United States — Financial markets rallied this week after US officials and President Donald Trump repeatedly suggested that an agreement with Iran to reopen the Strait of Hormuz could be imminent, even though no deal materialised and Tehran continued to deny that it was negotiating directly with Washington.
US Strikes Iran as Widening War Engulfs More Countries Across Middle East
The United States carried out fresh strikes against Iran on Wednesday, July 29, as the five-month-old conflict widened across the Middle East, with attacks and counterattacks also reported in Iraq, Jordan, Egypt and the Strait of Hormuz. The US military said the strikes were launched in response to Iranian attacks targeting US forces in the region.