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Showing Original Post only (View all)Iran: Trump remarks on Strait of Hormuz 'inconsistent with reality' [View all]
Source: The Hill
05/24/26 8:23 AM ET
Iran is pushing back on parts of a tentative deal being negotiated by the Trump administration that could put an end to the war between the two countries. 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 worlds 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 Irans government, said Trumps remarks about the Strait of Hormuz were inconsistent with reality.. Fars said that under the terms of the deal, Iran would allow the number of ships passing through the Strait to return to pre-war levels, but that this would not in any way mean free passage through the Strait, as Trump had contended.
President Trump is under enormous pressure to relieve high gas prices in the United States by opening the Strait. Average gas prices in the nation are above $4.50 per gallon, and have ramped-up worries within the Republican Party about this falls midterm elections, where the GOP is seeking to protect its majorities in the House and Senate. Fars reported that the management of the Strait would continue to be a monopoly run by Iran. It also said that Iran had made no commitments on its nuclear program as a result of the talks.
Read more: https://thehill.com/homenews/administration/5893215-iran-war-trump-deal-strait/
As expected. Another pump and dump weekend.