Monday, August 10, 2026 - President Donald Trump said that "we are only semi-negotiating" with Iran, noting that he is prepared to allow economic pressure on Iran to mount as opposed to ordering a new military offensive.
"We are
low keying it," Trump said during a brief phone call, arguing that Iran
"is in very bad shape" economically.
An agreement governing traffic in the Strait of Hormuz was
negotiated among Iran, Oman, and the United States and has been pending for a
few days. Iranian Foreign Minister Seyed Abbas Araghchi stated that Iran and
Oman are "very close" to an agreement on the designation of a
temporary route for maritime traffic in the Strait of Hormuz.
However, Araghchi added that the resumption of negotiations
between Iran and the United States would not be possible unless the US ends its
violation of the MoU recently signed between the two countries, stressing that
no negotiations are currently underway between the two sides.
Earlier, Trump said that Iran will be "hit very
hard" if the Strait of Hormuz is not reopened "very soon." In an
interview, Trump said the United States is "having very good
discussions" with Iran, though Tehran denied having any talks with
Washington.
Trump previously warned that he was giving Iran a “last
chance before decapitation,” saying they were talking about opening the Strait
of Hormuz “literally by tomorrow.”
“I mean
they're going to go quickly, one way or the other. It's not very complex,”
Trump said. "We're talking about the Strait, the opening of the Strait,
having it open, literally by tomorrow.”
The contradictory claims leave the gateway to the world for
20 per cent of fossil fuels trapped in uncertainty.
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