U.S., Iran Clash Over Hormuz Talks as Brent Rises 2.7%
Updated
Updated · NBC News · Aug 4
U.S., Iran Clash Over Hormuz Talks as Brent Rises 2.7%
3 articles · Updated · NBC News · Aug 4
Summary
Trump said talks with Tehran were underway and could reopen the Strait of Hormuz “by tomorrow,” calling that phase one before negotiations on Iran’s nuclear program.
Iran flatly denied any U.S. negotiations, with Foreign Ministry spokesperson Esmaeil Baghaei saying Tehran was only discussing a temporary safe route through the strait with Oman.
A cargo vessel was struck by an unknown projectile off Oman’s coast Monday night, forcing its crew to abandon ship and leaving one seafarer missing, underscoring the danger around the chokepoint.
Brent crude rose 2.7% on Tuesday as shipping remained far below normal levels—at least six vessels transited Monday versus roughly 100 a day in peacetime.
Some ships are still using the Iranian route near Larak Island, while others are hugging the Omani coast with transponders off, highlighting how far security conditions remain from a full reopening.