Middle East live: US-Iran talks deadlocked, Strait of Hormuz still closed
Key takeaways
- By: FRANCE 24 Vessels in the Strait of Hormuz, Musandam, Oman, May 8, 2026.
- Oil prices climbed on Tuesday as US-Iran talks stalled, while markets were mixed as traders appeared to shrug off uncertainty over the 10-week-old war.
- Optimism over Washington's proposal to Iran to ease the conflict collapsed when Trump told reporters on Monday that Iran's counter-offer was "garbage".
Why this matters: an international story with cross-border implications worth tracking.
By: FRANCE 24 Vessels in the Strait of Hormuz, Musandam, Oman, May 8, 2026. © Stringer, Reuters US President Donald Trump warned that Tehran's rejection of his administration's demands meant the already tenuous ceasefire is now "unbelievably weak", and called Iran's counter-offer 'garbage'. Meanwhile Iranian parliamentary speaker Mohammad Bagher Ghalibaf, who served as chief negotiator in previous talks with Washington, said shortly afterwards that his country was prepared 'for any eventuality.' Follow our liveblog for the latest updates.
Oil prices climbed on Tuesday as US-Iran talks stalled, while markets were mixed as traders appeared to shrug off uncertainty over the 10-week-old war.
Optimism over Washington's proposal to Iran to ease the conflict collapsed when Trump told reporters on Monday that Iran's counter-offer was "garbage".