politics
Iran’s flex in Strait of Hormuz puts Trump on back foot
Key takeaways
- AP Photo/Vahid Salemi/Amirhosein Khorgooi/ISNA via AP/Jacquelyn Martin
- Tehran ratcheted up tensions this weekend in the strait, through which around 20 percent of the world s oil and gas flow, targeting cargo ships and warning that alternate routes for vessels would lead to delays.
- After four days of back-and-forth strikes, both sides agreed to halt attacks, and President Trump said Iran requested a meeting with U.S.
Why this matters: political developments that affect policy direction and public trust.
AP Photo/Vahid Salemi/Amirhosein Khorgooi/ISNA via AP/Jacquelyn Martin
Tehran ratcheted up tensions this weekend in the strait, through which around 20 percent of the world s oil and gas flow, targeting cargo ships and warning that alternate routes for vessels would lead to delays. The U.S. responded with targeted retaliatory strikes on Iran.
After four days of back-and-forth strikes, both sides agreed to halt attacks, and President Trump said Iran requested a meeting with U.S. officials in Qatar — leading to a rebound in shipping traffic and a decline in global oil prices.
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