Iran War Live: Trump Says Talks to Resume; Tehran, Oman Near Deal on Hormuz The perpetual cat and mouse game playing out in the Middle East around the Strait of Hormuz has taken a peculiar turn.
US President Donald Trump's assertion that an agreement with Iran is imminent raises more questions than answers about regional stability and global energy markets.
The Strait of Hormuz is the world's most critical chokepoint for oil exports, accounting for approximately 20% of the globe's daily petroleum output.