Iran: Trump remarks on Strait of Hormuz ‘inconsistent with reality’
Key takeaways
- President Trump on Saturday evening announced the two sides were moving close to a deal.
- The Fars news agency reported Sunday that the agreement would allow Iran to manage the Strait of Hormuz, through which 20 percent of the world s oil supply flows.
- Trump on Saturday said the deal would lead to the Strait of Hormuz being opened, but did not mention Iranian management of the waterway.
Why this matters: political developments that affect policy direction and public trust.
President Trump on Saturday evening announced the two sides were moving close to a deal. Iranian officials have acknowledged the talks, and have even said there has been progress. But they are also suggesting major sticking points could prevent a final deal from being reached.
The Fars news agency reported Sunday that the agreement would allow Iran to manage the Strait of Hormuz, through which 20 percent of the world s oil supply flows. Those shipments have mostly been halted since the war began in March, causing oil and gas prices to skyrocket around the world.
Trump on Saturday said the deal would lead to the Strait of Hormuz being opened, but did not mention Iranian management of the waterway. The Fars news agency, which is linked to Iran s government, said Trump s remarks about the Strait of Hormuz were inconsistent with reality.