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Trump says Iran talks are underway, sets Hormuz deadline
Al Jazeera··4 Aug
US President Donald Trump said talks with Iran were ongoing and set a deadline for reopening the Strait of Hormuz to shipping by Tuesday. Iran's foreign ministry said it was not currently negotiating with Washington, adding that its only discussions were with Oman over a temporary safe navigation route through the strait, contradicting Trump's account of the talks.
Prism
What It Means For You
- Global shipping and energy markets watching the Strait of Hormuz face uncertainty over whether Tuesday's reopening deadline will be met.
- Businesses dependent on Gulf oil and gas exports should track the Iran Oman talks as a signal for near term supply stability.
- Anyone following US Iran diplomacy should note Iran denies talks with Washington while confirming separate negotiations with Oman.
What's Happening
- Trump said talks with Iran were ongoing and set a Tuesday deadline for reopening the Strait of Hormuz to shipping.
- Iran's foreign ministry said it was not currently negotiating with the United States, citing only limited talks with Oman.
- The US Central Command says it has redirected 44 vessels and disabled two more in the strait since mid July.
Oman Emerges As Key Broker In The Hormuz Standoff
- Trump paused a planned large scale strike on Iran over the weekend after Gulf allies Qatar, Saudi Arabia and the UAE urged restraint.
- Iran and Oman share territorial waters near the strait and are working out legal terms for a joint safe passage arrangement.
- The war between the US, Israel and Iran began on February 28 and is approaching its six month mark.
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