3 weeks ago

Trump Weighs Iran Compromise as Strait of Hormuz Deal Nears

Trump Weighs Iran Compromise as Strait of Hormuz Deal Nears
Trump Weighs Iran Compromise as Strait of Hormuz Deal Nears · deccanchronicle.com

The Strait of Hormuz is a very important waterway where giant ships carry oil to countries all over the world.

After a big conflict between the United States and Iran, it has become harder for ships to pass through safely.

President Trump wants to make a deal with Iran to open the strait again.

Both sides say they are close to an agreement.

But they disagree about who should be in charge of the waterway and whether Iran can charge ships money to use it.

Some experts say the US military is running low on important weapons.

President Trump says that is not true and that the military has plenty of weapons.

Many people in America think the war with Iran was not worth fighting.

The conflict has also made gasoline prices higher than before.

Leaders from both countries are still talking and hope to find a solution very soon.

Key facts

Oil flow through Strait of Hormuz
20% of the world's oil normally
Vessel transits last week
84, up from 45 the previous week
Typical weekly transits before crisis
More than 700
Ships hit in the strait in the past week
At least 2, with several near misses or warnings from entities claiming to represent Iran's Revolutionary Guard
Americans saying Iran war not worthwhile
About two-thirds (AP-NORC poll, late July)
Republicans saying Iran war not worthwhile
About 37%
US jobs in June
Nearly 159 million, a record (excluding farmworkers)
Reported deal structure
Entry via an Iranian-controlled route and exit via an Omani-controlled route, with no tolls or charges

Quotes

David Schenker

Former State Department official and Washington Institute fellow

“"There will be a lot of spin both ways, but my guess is that the president has tipped his hand as to the urgency for him of resolving the crisis," he said, concluding, "This is a concession he may very well be willing to make."”
deccanchronicle.com
“"He divides the world into winners and losers, and this would make him a loser," he said, adding, "And the image of being a loser, I think, would be intolerable for him."”
deccanchronicle.com

Sources

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