The US denied an Iranian state television report on a draft interim peace deal that said maritime traffic through the Strait of Hormuz could return to normal within a month of it coming into effect.
Oil prices plunged to $89 a barrel Wednesday following reports that the proposed Iran-US peace deal would see the Strait of Hormuz being reopened in just one month.
US president sends contradictory messages about ending war at cabinet meeting with call to bolster Abraham accordsDonald Trump has accused Iran of trying to stall on making a peace agreement by running down the clock before November’s US midterm elections in the hope of getting better terms.“They thought they were going to outwait me, you know, ‘we’ll…
The fresh strikes from the U.S., and the warning Iran issued in return, have brought renewed instability to the markets.
President Trump warned on Wednesday that even with control of Congress on the line in November, he'll wait out Tehran on a peace deal. As he put it, "I don't care about the midterms." Nancy Cordes has more.
WATCH: What Happens Next in Trump’s “Largely Negotiated” Iran Deal President Donald Trump’s effort to secure a negotiated agreement with Iran appears to be entering a critical new phase, with global leaders watching closely as talks continue over the future of the Strait of Hormuz, frozen Iranian assets, and Tehran’s nuclear program. The post Trump’s Iran…
Vice President JD Vance said Thursday that the U.S. and Iran were "very close" to a memorandum of understanding (MOU) that would extend the ceasefire by 60 days, reopen the Strait of Hormuz, and launch talks on limiting Tehran's nuclear program.Why it matters: The signing of the MOU would be the most significant diplomatic breakthrough since the war…
