Trump says Iran talks set for Monday as Tehran and Oman discuss strait of Hormuz deal

Key Points:

• Donald Trump announced that talks with Iran are scheduled for Monday but did not set a deadline for reaching an agreement, after calling off an imminent U.S. attack to pursue a deal to reopen the Strait of Hormuz and address Iran’s nuclear program.
• Iran stated it is close to finalizing a deal with Oman on a new shipping route through the Strait of Hormuz, aiming to respect both countries' sovereignty, though it insisted this would not restore the strait to its pre-war status.
• The Strait of Hormuz remains volatile following recent explosions near a tanker, causing a slowdown in maritime traffic, while Saudi oil tankers continued to transit the Bab el-Mandeb strait despite Houthi threats.
• Trump credited Gulf allies, including Saudi Arabia and the UAE, for urging restraint and preferring a negotiated deal over military action, although he has previously threatened escalation without achieving a comprehensive agreement.
• Regional tensions persist with ongoing attacks in the Gulf and Red Sea, Israel reaffirming readiness to act against Iran’s nuclear ambitions, and diplomatic efforts involving Iran, Saudi Arabia, and Pakistan continuing amid fluctuating oil prices.