The Hormuz Bargain
12m | Sep 29, 2026President Donald Trump has rejected Iran’s reported seven-day proposal to pause regional fighting and reopen the Strait of Hormuz, even as U.S. negotiators may continue talks. With shipping still far below normal and Brent crude reaching $106.60 a barrel, the unresolved question is whether this is a failed peace offer—or a dispute over the order of ceasefire, sanctions relief, and safe passage.
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