politics
Talks Continue Over Strait of Hormuz and Nuclear Issues
Officials from both sides have signaled that negotiations remain ongoing after three months of conflict originally described as lasting four weeks. Messaging around potential bargaining has coincided with a drop in Brent crude oil prices.
May 26, 4:37 AM·1m read1 source
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Three months after the start of what officials initially described as a four-week conflict, talks continue between the two sides. Messaging about possible bargaining has been linked to a decline in Brent crude oil prices below $100 a barrel for the first time in two weeks.
Both sides are managing expectations regarding any final agreement or memorandum of understanding. No timeline for conclusion of the discussions has been announced.
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