Iran says US must fully accept its terms before Strait of Hormuz can reopen under new agreement

IRGC spokesman says the Strait "belongs to Iran and the country of Oman...have reached results that are acceptable to both sides," while another senior official says negotiations are still ongoing.

Everything you need to know before you reach the office this morning.

The U.S. Navy has cleared all mines from the main shipping lane of the Strait of Hormuz, President Trump said on Tuesday. Why it matters: The clearing, part of a low-key operation the last several months, will allow significantly more oil tankers to transit the strait. The removal of mines reduces Iran's leverage ove