US President Trump says may be joint US-Iran venture for Hormuz tolls, ABC reports
President Trump's suggestion of a potential joint venture with Iran to manage tolls in the Strait of Hormuz signals a possible thawing in US-Iran relations, which could influence geopolitical stability in the region.
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US President Trump says a country supplying military weapons to Iran will be immediately tariffed, on any and all goods sold to the US, 50% effective immediately; no exemptions
US President Trump says may be joint US-Iran venture for Hormuz tolls, ABC reports
US President Trump says US will work closely with Iran, which have determined has gone through what will be a very productive regime change!; will be no enrichment of uranium; We are, and will be, talking tariff and sanctions relief with Iran
White House spokeswoman says there are discussions about in person talks, but nothing is final until announced by the President or the White House
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- Trump told ABC News on Wednesday morning that the US may seek a "joint venture" with Iran to safeguard the Strait of Hormuz.
This development may have implications for oil prices, particularly Brent and WTI, as the Strait is a critical conduit for global oil supplies. Traders should watch for shifts in market sentiment toward energy commodities and related currencies as this story unfolds.
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