Iran war diplomacy turns toward reopening Strait of Hormuz

Six months after U.S. President Donald Trump launched a war with Iran forecasting a quick four-to-five-week victory, the conflict has morphed into an open-ended struggle with shifting objectives, diminished U.S. weapon stockpiles and a strategic pivot toward economic pressure.

But after Iran and Oman unveiled a proposed framework that Tehran says would exclude military vessels if finalized, the White House would not say whether President Donald Trump would accept any restriction on U.S. warships under the arrangement.

Iran’s economy, already strained by high inflation, years of Western sanctions and a war that has sharply reduced oil revenue, is poised for more instability as the Trump administration tries to coerce other countries into ending all financial dealings with the Islamic Republic.

Saudi Prince urges Iran: Act like a nation-state, not a revolutionary movement