Trump insists negotiations with Iran are occurring as Oman talks on Strait of Hormuz continue

President Trump is still saying negotiations with Iran are underway, as more details emerge about Tehran's talks with Oman over the Strait of Hormuz. CBS News' Olivia Rinaldi reports, and Retired Marine Col. Mark Cancian joins with more insight.

Oman has said positive talks have been taking place with Iran over an agreement to secure a shipping route through the Strait of Hormuz, as Tehran warned that any deal would not see an immediate reopening of the vital waterway.

Both sides suggest progress in talks to agree a new shipping route through the strait, but a breakthrough remains unclear.

Iran and Oman are "very close" to reaching an accord on a new shipping route through the Strait of Hormuz, Iranian Foreign Minister Abbas Araghchi said.

Iran's Revolutionary Guard says re-opening Strait of Hormuz does not depend on talks with Oman  Reuters

A US official on Friday reported progress between Iran and Oman that could soon reopen the Strait of Hormuz, potentially restoring oil exports that have been disrupted by the five-month-old US war with Iran.