The United States is nearing a deal with Iran aimed at ending the war, reopening the Strait of Hormuz, and requiring Iran to give up its stockpile of highly enriched uranium. Details and timelines would be worked out later. Iran has not publicly committed to surrendering uranium, a key U.S. demand, and negotiations have come close without being finalized. Secretary of State Marco Rubio said significant progress had been made and that the world would no longer need to fear Iran obtaining a nuclear weapon. Iran’s embassy asserted an inalienable right to nuclear technology and maintained the program is peaceful. Reopening the strait would help address an energy crisis caused by Iran’s effective closure after U.S. and Israeli bombardment on Feb. 28, which drove up oil and gas prices. The U.S. had threatened renewed bombing and Iran retaliation against Israel and Gulf energy producers. Trump said a deal was largely negotiated, with final details being discussed.
"The United States is close to reaching a deal with Iran that would end the war, reopen the Strait of Hormuz and see Iran give up its stockpile of highly enriched uranium, with the details and timelines to be worked out later, regional officials told The Associated Press on Sunday."
"Secretary of State Marco Rubio, on a visit to India, said Sunday that "significant progress, although not final progress, has been made" in the negotiations, and that the world would no longer need to fear Iran getting a nuclear weapon, without elaborating. Iran's embassy in India responded to Rubio on social media, saying Tehran has an "inalienable" right to nuclear technology. Iran has always insisted its program is peaceful."
"The reopening of the strait would begin to address a worldwide energy crisis sparked by the surprise U.S. and Israeli bombardment of Iran on Feb. 28, which led Tehran to effectively close the crucial waterway. Its closure has caused a spike in the price of oil, gas, and several downstream products, jolting the world economy."
"Under the potential deal, Tehran would agree to give up its stockpile of highly enriched uranium, according to the two regional officials, who spoke on condition of anonymity to discuss the sensitive nego"
#iran-nuclear-program #strait-of-hormuz #us-iran-negotiations #energy-market-disruption #sanctions-and-uranium-enrichment
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