2 weeks ago

Trump Rules Out Iran Talks as Hormuz Standoff Widens

Trump Rules Out Iran Talks as Hormuz Standoff Widens
US-Iran tensions escalate: Trump rules out talks, UAE halts Iran trade, Tehran warns Gulf allies · livemint.com

The United States and Iran disagree about whether they are still negotiating.

Donald Trump said no talks are happening, while Iranian officials said Iran remains open to dialogue.

The two countries also disagree about whether the Strait of Hormuz is open to ships.

Iran says the waterway will stay closed until the United States lifts its blockade and sanctions and releases frozen money.

The United Arab Emirates stopped trade and financial transactions with Iran after reporting two missiles launched toward nearby maritime areas.

Iran denied launching the missiles and called the UAE’s claims baseless.

A vessel was also reportedly damaged by an unknown projectile near Hormuz.

Fewer ships than usual are using the strait, which carries a large share of global oil and gas.

The uncertainty has kept oil prices high and worried investors about the wider economy.

Key facts

Conflict duration
The conflict has lasted nearly six months.
Ceasefire status
A temporary ceasefire framework expired on Monday.
Interim agreement
A June 17 memorandum established a 60-day period for a broader nuclear and sanctions agreement.
Hormuz traffic
Reuters reported six commodity vessels crossed the strait on Tuesday, compared with a recent daily average of 11.
Oil prices
Brent settled at just over $91 a barrel on Tuesday; it had reached $126 during the conflict.
UAE measures
The United Arab Emirates suspended trade, commercial exchanges and financial transactions with Iran until further notice.
Reported vessel incident
The United Kingdom Maritime Trade Operations said an unknown projectile damaged a vessel’s engine room and caused one crew casualty near Hormuz.

Quotes

Mohammad Baqer Qalibaf

Top Iranian negotiator

“Any assistance or facilitation provided to U.S. forces would amount to participation in the American military operation”
livemint.com
“The Strait of Hormuz would remain shut until the U.S. meets the conditions of an interim deal signed with Iran in June.”
deccanchronicle.com

Donald Trump

President of the United States

“The Naval Blockade remains in full force and effect. The Hormuz Strait is open and operating. All water mines have been removed or detonated.”
deccanchronicle.com
“There are no talks or conversations going on, or scheduled, with the Islamic Republic of Iran.”
deccanchronicle.com

Sources

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