Trump threatens Iran with "decapitation" as questions surround Strait of Hormuz, deal's future

President Trump threatened Iran with "decapitation" as questions surround a possible deal on the Strait of Hormuz. CBS News' Imtiaz Tyab has the latest.

Iran and Oman are inching toward a deal to reopen the Strait of Hormuz and potentially help bring an end to the war

The strait was an open international waterway before the U.S. and Israel attacked Iran on Feb. 28.

Iran and Oman working on plan to reopen the Strait of Hormuz, and other Mideast developments  AP News

State of the Union: Tehran maintains negotiations with Washington are not occurring, contradicting the Trump administration.

Iran and the Gulf Arab state of Oman have made progress toward a deal to reopen the Strait of Hormuz, a potential breakthrough that could help wind down the war in the Middle East, regional officials said Tuesday.

Under the emerging agreement, ships would enter the Persian Gulf through an Iranian-controlled route and exit through a route controlled by Oman, with service fees charged.

Qatar, which has mediated, said a draft deal was being circulated, while the U.S. Treasury secretary suggested an agreement may be imminent.

Oil prices fell to a three-week low on Tuesday as senior US officials raised hopes of a deal with Iran to reopen the key Strait of Hormuz waterway.

Qatar FM spokesman Dr. Majed al-Ansari says indirect talks are continuing to avoid further regional escalation.

US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent both announced talks had progressed to allow shipments to resume.

WASHINGTON — The US could lock down a deal with Iran as soon as Tuesday to reopen the Strait of Hormuz and let commercial ships sail freely again, Treasury Secretary Scott Bessent claimed.“We are in talks with the Iranians,” Bessent said on CNBC’s “Squawk Box.” Tuesday morning. “There is a chance we may have a...

Oil prices turned sharply lower on Tuesday after a Qatari official talked about a potential short-term deal between the U.S. and Iran.

Brent crude drops 4% as US Treasury secretary says Washington and Tehran could reach agreement on Tuesday or Wednesday

Iran, Oman make progress on deal to reopen Strait of Hormuz: officials  Arab News

Deal appears contingent on U.S., which has ruled out handing Iran control over the strait

This would give Iran control over areas that were international waters before the war, officials told the NYT.

This is the web version of Fortune Gulf Brief, a weekly newsletter providing smart coverage on the capital, leaders, and policies transforming one of the world’s most consequential regions. Sign up to get it delivered free to your inbox. Welcome to this week’s Fortune Gulf Brief. We’ll be covering: Thank you for subscr

Donald Trump has warned Iran that the country is facing its last chance for a deal to open the Strait of Hormuz.

Donald Trump has warned Iran that the country is facing its last chance for a deal to open the Strait of Hormuz.

Iran is negotiating with Oman to create a temporary two-way shipping corridor through the Strait of Hormuz, while pledging to restore maritime traffic to pre-war levels within 30 days there.Iran is negotiating with Oman to establish a temporary shipping corridor through the Strait of Hormuz that would function as a sin

Analysis • As Iran and Oman negotiate, Trump no longer has the upper hand on Hormuz  Haaretz

It would give Iran strategic leverage it did not have before the war.

The US President further claimed Washington had been prepared to launch a major military operation against Iran before diplomatic interventions from regional countries.

The GasLog Shanghai was struck while leaving the Strait of Hormuz, weeks after the Al Rekayyat was hit in the same area. Italian utility Edison said QatarEnergy had extended force majeure on a further three cargoes, bringing the total affected to 24 shipments through September.

NPR's Rob Schmitz speaks with Austin Ramzy of the Wall Street Journal about how China is able to import oil from Iran despite blockades on the Strait of Hormuz.

Iran says Hormuz talks with Oman in final stages Iran's negotiations with Oman over the Strait of Hormuz are in their final stages, Foreign Minister Abbas Araqchi said, according to the IRNA news agency. Meanwhile, the foreign ministry spokesperson Esmail Baghaei said the talks are aimed at finding a mutually agr

A liquefied natural gas (LNG) tanker carrying a Qatari cargo was struck by a projectile while traversing the Strait of Hormuz, threatening super-chilled fuel supplies and driving oil prices to their biggest gains since March amid escalating regional conflicts. According to Bloomberg, security consultancies Vanguard Tec