Strait of Hormuz Deal Hangs in Balance as US Iran Negotiations Continue The long simmering conflict over the Strait of Hormuz, through which a fifth of global oil shipments pass, may be nearing its endgame.
President Donald Trump's claim that a peace deal with Iran is "largely negotiated" and imminent has sparked mixed reactions among observers.
Behind the scenes, talks between US, Iranian, and Gulf state negotiators have been ongoing for weeks, involving representatives from several countries, including Saudi Arabia, the UAE, Qatar, Pakistan, Turkey, Egypt, Jordan, Bahrain, and Israel.