Iran has reportedly dropped a demand to control the Strait of Hormuz and collect transit fees, Hayom reports citing officials; however, they are unwilling to discuss "or even signal a willingness to enter negotiations" on nuclear issues

Newsquawk Staff · 9 Nov 2026, 11:39 UTC

Under the agreement, USD 8bln in frozen Iranian funds currently held within Qatar would be unfrozen. With the US to lift the naval/economic blockade of Iran, in exchange for a halt to Iranian attacks on vessels belonging to the Gulf states.
US VP Vance, alongside envoys Witkoff and Kushner, are advancing negotiations to an agreement similar to the May MoU.
Source adds that the Qatar Emir's arrival signalled progress.
US Treasury Secretary Bessent, Commerce Secretary Lutnick, Secretary of State Rubio and War Secretary Hegseth all oppose a deal similar to the May agreement.
US VP Vance is pushing for an agreement to end the war early 2027, "almost regardless of the cost".

Sources

israelhayom.com

What our morning note said

The Middle East · about 5 hours before this headline

US President Trump told CNN that it is highly unlikely the US will need to resume military action against Iran, provided progress is made in negotiations over Tehran's nuclear programme and reopening the Strait of Hormuz.

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