Trump, Iran near deal on re-opening Strait of Hormuz
Key takeaways
- A number of details appear yet to be worked out, but multiple reports suggest a basic deal in principle to reopen the Strait of Hormuz and end the Iran war with the U.S. and Israel is agreed in principle.
- The New York Times, citing a U.S. official, said the deal is subject to final approval from President Trump and Iran s supreme leader.
- The Times also reported on these basic contours of a deal, though it said it was unclear how Iran would dispose of its highly-enriched uranium.
Why this matters: political developments that affect policy direction and public trust.
A number of details appear yet to be worked out, but multiple reports suggest a basic deal in principle to reopen the Strait of Hormuz and end the Iran war with the U.S. and Israel is agreed in principle.
The New York Times, citing a U.S. official, said the deal is subject to final approval from President Trump and Iran s supreme leader. Bloomberg s Jennifer Jacobs reported that the U.S. believes Iran s supreme leader has approved the broad template for the draft deal.
Jacobs reported that in exchange for the U.S. lifting a blockade on Iran s ports, imposed because of Iran s threats to ships in the Strait of Hormuz, Iran would agree to dispose of its stockpiles of highly enriched uranium.