Trump says U.S. in talks with Iran on reopening Strait of Hormuz this week
WASHINGTON, Aug. 3 (Yonhap) -- U.S. President Donald Trump claimed Monday that t...
On August 3, U.S. President Donald Trump announced that negotiations with Iran are underway to potentially reopen the Strait of Hormuz, a crucial waterway for global trade. The president emphasized that discussions with Tehran are taking place simultaneously, despite Iran's denial of such talks. Trump warned the Iranian government that this round of negotiations is their final opportunity to reach an agreement, specifically regarding the opening of the strait and the country's nuclear program.
The president stated that the complete opening of the waterway would be Phase 1, while discussions on denuclearization would constitute Phase 2. Trump reiterated his stance against any fees imposed on ships passing through the Strait of Hormuz, asserting that the U.S. maintains total control over the waterway through its naval blockade.
The reopening of the strait is of particular interest to South Korea and other nations that rely heavily on the waterway for energy imports.
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