Iran and US explore diplomacy amid rising threats of war
⟶ Iran has stated it could reopen the Strait of Hormuz in a shorter period if certain conditions are met. This comes as the United States has stated it still has targets to address.
Iran says could reopen Hormuz in shorter period if conditions met, as Trump says US still has targets to 'take care of'.
Why it matters
The Strait of Hormuz is a critical chokepoint for global oil transport. Any disruption or reopening of this waterway has significant implications for international trade and energy markets.