Trump Says Strait of Hormuz to Reopen by Tomorrow at the Latest, Iran Negotiations Enter Second Stage

August 4th. President Trump of the United States stated that the US-Iran negotiations are progressing rapidly, with both sides discussing the issue of reopening the Strait of Hormuz. The strait "may reopen as soon as tomorrow at the latest."

Trump mentioned that the first phase of the negotiations aims to reopen the Strait of Hormuz, while the second phase will focus on the "denuclearization" of Iran. He stated that if anyone tries to charge fees in the Strait of Hormuz, it "will be up to the United States to charge," emphasizing that Iran will not be allowed to charge fees in that strait.

Trump also stated that this is Iran's "last chance." The current negotiations are being held at Iran's request, and the results may be announced today or tomorrow.

Prior to this, the situation in the Strait of Hormuz remained tense, and the market was closely watching its impact on global energy supply and oil prices.