Trump touts big peace deals in Iran and Gaza but struggles to follow through
11 August 2026 at 21:40
Iran has set a high price for President Trump to re-open the Strait of Hormuz, while Israel's PM has rejected his Gaza plan.
Iran has set a high price for President Trump to re-open the Strait of Hormuz, while Israel's PM has rejected his Gaza plan.
As Iran works toward a final agreement with Oman to reopen the Strait of Hormuz, leaders there have a political incentive to drag out negotiations: their desire to put pressure on President Trump.
Mediators say Iran and Oman are close to an agreement to partially reopen shipping through the Strait of Hormuz. The US has also signaled a deal could be close.