finance
U.S. and Iran Extend Talks on Strait of Hormuz Reopening
Negotiations to extend the Iran ceasefire and reopen the Strait of Hormuz continue, with officials stating several more days are needed to resolve wording in the draft agreement.
May 26, 11:30 AM·1m read2 sources
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Negotiations between the U.S. and Iran to extend the ceasefire and reopen the Strait of Hormuz will require several more days, officials said. The delay stems from unresolved wording in the draft agreement. Officials stated the U.S. insists the waterway remain fully open and toll-free.
The critical point remains reopening the Strait of Hormuz without Iran charging a toll for ships to pass through the waterway. The same statement said the U.S. position on toll-free passage has not changed during the current round of talks.
Officials described the current status as requiring a few more days to finalize language. They did not provide a specific date for completion. No other details on the draft text or additional conditions were released.
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CorroborationLimited · 2 sources
