Trump said U.S. and Iranian officials will meet Tuesday in Doha after weekend strikes around the Strait of Hormuz tested a fragile ceasefire. Iran has not confirmed technical talks, while officials continue to dispute control of the waterway and the release of frozen assets.
Posts tagged as “Persian Gulf Strait Authority”
Ships continued to pass through the Strait of Hormuz after the Ever Lovely was struck near Oman, while Iran warned vessels not to use routes it has not approved. The dispute has become a key test of the U.S.-Iran memorandum of understanding on safe passage through the waterway.
The Fed’s preferred inflation measure rose at a 4.1% annual pace in May, the fastest since April 2023, as energy prices climbed. Consumer spending and incomes still increased after adjusting for inflation.
Oil tankers used a U.N.-recommended route near Oman to leave the Persian Gulf despite Iran’s warning that unauthorized crossings of the Strait of Hormuz are prohibited. The crossings come amid U.S.-Iran disputes over control, fees and traffic rules under a temporary reopening agreement.
The US military says it has ended its naval blockade of Iranian ports under a ceasefire agreement with Tehran. Iran’s supreme leader criticized Trump’s role in the deal while allowing negotiations to continue.
A senior U.S. official gave the clearest account yet of an unreleased 14-point memorandum with Iran that would halt fighting, lift a naval blockade and start 60 days of talks. Iranian officials have not confirmed the U.S. version of the text.