Trump on Iran closing Strait of Hormuz again: "They can't blackmail us"
Iran reversed course Saturday and closed the Strait of Hormuz, a day after declaring the critical waterway open. Olivia Rinaldi of CBS News reports.
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Iran reversed course Saturday and closed the Strait of Hormuz, a day after declaring the critical waterway open. Olivia Rinaldi of CBS News reports.
The president says the deal will be formally announced in the next few days.
Iran has fully reopened the Strait of Hormuz to commercial vessels. CBS News correspondent Natalie Brand reports.
President Trump announced that Israel and Lebanon had agreed to a potential 10-day ceasefire.
The president believes negotiations with Iran will resume, but no firm plans are in place yet.
Tucked between Iran, Oman, and the United Arab Emirates is a vital waterway which has become the focal point of the war with Iran.
A Massachusetts professor talked about why the Strait of Hormuz is so vital to the economy.
There are signals that the United States and Iran are still talking after recent breakdowns in negotiations.
Vice President JD Vance warned Iran that they must take the upcoming negotiations seriously.
Iranian state TV says they plan to close the strait, while the White House says that is not true.
The United States and Iran agreed to a ceasefire for two weeks in exchange for the Strait of Hormuz reopening.
Pakistan has asked President Trump to postpone the upcoming deadline by two weeks, saying it will allow "time for diplomacy to work".
The U.S. is looking for help defeating an Iranian blockade of a critical shipping channel for oil tankers.
President Trump explained that he had spoken to other nations about helping reopen the Strait of Hormuz.
The war, which shows no signs of ending soon, has disrupted oil exports from the region, driven fuel prices far higher worldwide and upended global air travel.
Iran continues to target oil tankers in the Strait of Hormuz, a key waterway for the global export of crude oil.