Live Updates: Iran war and Strait of Hormuz stuck in limbo as Trump mulls latest Iranian offer
The US is discussing an Iranian proposal to mutually drop restrictions on the Strait of Hormuz, but delaying talks on Iran's nuclear program. Oil prices rose as fighting between Israel and Iranian-backed Hezbollah continued, and Sweden warned of a potential jet fuel shortage due to supply disruptions.
The Trump administration is discussing an Iranian proposal to mutually drop restrictions on the Strait of Hormuz. The proposal would delay talks on Iran's nuclear program. Oil prices continued to rise, with Brent Crude topping $111 a barrel. Fighting between Israel and Iranian-backed Hezbollah in Lebanon continues. A Japanese oil tanker, the Idemitsu Maru, transited the Strait of Hormuz with Iranian coordination, carrying 2 million barrels of crude oil. Sweden warned of a potential jet fuel shortage due to supply disruptions caused by the conflict. Four civilian ships, including a Japanese supertanker, were tracked entering the Strait of Hormuz despite Iran's blockade.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.