Strait of Hormuz could open ‘by tomorrow’: Trump
Donald Trump is speaking at an executive order signing at the White House, where he was asked where direct talks with Iran would take place.
“You’ll find out today or tomorrow,” he said. “They’re going to go quickly one way or the other. It’s not very complex.”
Trump said the strait of Hormuz could be open “literally by tomorrow”.
“The first phase is the opening of the straits. The second phase will be the denuclearisation,” he said. “That’ll take a little while, but … we’re very strong on it.”
Key events
Analysis: Trump meets his obstinate match in Iran’s hardball regime
Andrew Roth
The Donald Trump doctrine has always contained a tenuous relationship with the truth. It was his mentor, the infamous New York lawyer Roy Cohn, who taught the young real estate mogul always to claim victory and never to admit defeat. Unfortunately for Trump, in Iran the US president has found a counterpart just as stubborn as himself.
As Trump claims new negotiations are to begin with Tehran this week, Iran has shown it can also reignite the conflict by lobbing ballistic missiles at US bases in the region and maintaining a stranglehold on the strait of Hormuz, effectively taking initiative in the stalled peace process. And time is of the essence for Trump as the clock ticks toward a global energy crisis and a painful midterm elections for him and his Republican party.
But as soon as his latest attempt to hammer out a peace deal was announced, it was denied by Iran and the US president was left fuming once again.
Trump has suggested dozens of times since the beginning of the war that a deal with Iran is imminent, and his latest claim that new negotiations could produce a peace deal within days has shown the administration’s desperation to reopen the strait and find a road map out of the crisis. After promising to hit Iran “very hard”, Trump made a U-turn on Sunday and claimed that talks would continue and that the “perimeters of a deal” for the opening of Hormuz and the “denuclearization of Iran” had been agreed.
Unfortunately, the Iranians don’t agree. In a statement on Monday, an Iranian foreign ministry spokesperson denied any peace negotiations were taking place. “We are not currently negotiating with the United States,” said Esmaeil Baqaei. “Our negotiations are with Oman to secure passage through the strait of Hormuz.”
That may result in an agreement. But that will not result in the return of the strait of Hormuz to its prewar status, Baqaei added, in effect keeping the waterway a political football for the foreseeable future. “We must ensure that the strait of Hormuz cannot be misused by parties that have committed aggression against Iran,” said Baqaei.
Little has changed since the last round of negotiations. Iran remains capable of closing the strait of Hormuz and stifling shipping – including a fifth of global oil supply – through the crucial waterway. The US remains capable of inflicting devastating strikes on Iran – despite a shortage of key munitions that could be needed for a war against key rivals like China – but has a lack of meaningful targets that could force Iran to change its policy.
The Trump administration has been signalling a desire to end the conflict since April and three ceasefires have come and collapsed since then. With just over three months left until the US midterm elections, in which the Republicans are expected to lose the House and possibly even the Senate, a new Reuters/Ipsos poll last week showed that fewer than a third of Americans support the war in Iran, and 69% believe that Trump has not “clearly explained the goals of US military involvement in Iran”.
For Iran, the strategic unpredictability has become a new weapon in a war that has counterintuitively strengthened its negotiating position, giving the regime new tools in slowing global oil supply and in attacking regional US allies in the Gulf.
Iran has concluded that its best strategy is to “maximise the pain that they can impose on the United States and its partners in the region”, said Alex Vatanka, a senior fellow at the Middle East Institute and an expert on Middle East security issues with a focus on Iran, during the institute’s podcast last week. The view there was that Trump “is not really yet ready for a deal with Iran, not a deal that would work for the Iranians anyway”.
Iran is also facing a time crunch with a US blockade in effect halting trade out of the country.
“They are now at a point where they don’t think just sitting back and having one round after another of diplomatic talks is the best way forward,” he added. “They’re trying to shake things up to try get Trump’s attention and see if they can get a different result.”
Trump slams oil companies ‘making too much money’ amid war
Speaking in the Oval Office earlier, Trump also said that major oil companies are making “too much money” due to high prices stemming from his war on Iran, as he seeks to address his party’s political vulnerability ahead of the US midterm elections in November.
“I don’t like it. They’re making too much money, okay? Based on a shortage, they’re making too much money. I don’t like it, and I should be the last one to say because I’m a big free enterprise guy,” he said. “Nobody bigger, and you know, you’re going to see oil when we’re finished with Iran. You’re going to see the prices drop through the floor. But they made too much money, too much money. Chevron, too much money. Exxon Mobil, too much, too much money.”
High gasoline prices are a key political issue for Trump as his Republican Party heads into the midterms, with Democrats seeking to wrest control of Congress from them.
The average price of a gallon of regular gasoline in the United States is up more than 37% since the start of the war, launched by Trump and Israel in late February.
The war has seen Iran’s retaliatory action target Washington’s allies in the Gulf and virtually block the vital strait of Hormuz, with both moves sending energy prices skyrocketing.
US petroleum giants ExxonMobil and Chevron released blowout profits on Friday, reflecting a major lift from the war that easily offset negative effects at both companies.
ExxonMobil’s second-quarter profits more than doubled to $14.5bn, while Chevron’s came in at $12.1bn, more than five times the level in the year-ago quarter.
Other major oil companies have also reported massive profits on the back of the war.
Trump, a strong supporter of fossil fuel interests, has lashed out over prices at the pump, announcing in June that he was directing the US Department of Justice to investigate any “gouging” perpetrated by the industry.
On Monday, he slammed the oil companies for their profits, saying he was “not happy about it”:
When you look at one company where they made 12 times what they made the year before, they ought to give some of that back to the public, and they better cut the retail price, the consumer price.
Too much money. You surprised I’m saying it. I’ll say it loud and clear. I’m not happy about it.
With Agence-France Press.
Trump says ‘this is the last chance’ for Iran to sign ‘a good document’
Donald Trump also said that newly planned talks with Tehran – which again, Iran has denied – are the “last chance” for Tehran to forge a deal and avoid an escalation of US strikes on the country.
The US president reiterated that he’s running out of patience, telling reporters:
We are talking right now [with Iran] at the request of Iran, backed by Saudi Arabia, backed by the UAE, and backed by Qatar in particular, but others also. Many countries called … but if it doesn’t happen, this is the last chance for them to sign a good document.
Earlier, Trump also claimed – as he has in the past – that it was Iran who made contact with his administration to relaunch peace talks. He said:
They called me and they said, please don’t attack. We’ll make a deal. That’s the real truth. And everyone knows it. And who wouldn’t call?
One journalist in the Oval Office asked Trump what was different about this pause in airstrikes to previous occasions.
Here was his response:
I think we’re going to maybe get something, but I want to give them every last chance before decapitation. It’s very tough to do what I – what we – have planned. Still planned. We’ll see what happens. But it’s very, very tough thing to do. I think, I’m very proud of the fact that … I’ll give people a chance.
‘I’m not going to let them charge anybody,’ Trump says of tolls in strait of Hormuz
Trump said allowing Iran to charge a toll on ships passing through the strait of Hormuz was not on the negotiating table.
“I’m not going to let them charge anybody,” he said. “We have total control. You know, we have a thing called a blockade with the US Navy.”
Strait of Hormuz could open ‘by tomorrow’: Trump
Donald Trump is speaking at an executive order signing at the White House, where he was asked where direct talks with Iran would take place.
“You’ll find out today or tomorrow,” he said. “They’re going to go quickly one way or the other. It’s not very complex.”
Trump said the strait of Hormuz could be open “literally by tomorrow”.
“The first phase is the opening of the straits. The second phase will be the denuclearisation,” he said. “That’ll take a little while, but … we’re very strong on it.”
Intermediaries yet to confirm date or venue for resumption of stalled negotiations between US and Iran, Pakistani government sources say
Staying in Islamabad, Pakistani government sources have told Turkish news agency AA that intermediaries were yet to confirm a date or venue for the resumption of stalled negotiations between the US and Iran.
No direct talks were scheduled in Pakistan’s capital in the next 24 hours, the agency reported.
Donald Trump earlier insisted direct negotiations with Iran would begin on Monday afternoon.
Mediators from Pakistan and Qatar are in contact with both Washington and Tehran, AA reported, with Islamabad and Doha likely venues for the proposed talks.
Haroon Janjua
A senior Pakistani official with direct knowledge of contacts between Islamabad, Washington, and Tehran told the Guardian over a phone on Monday that despite the current impasse, Pakistan remains actively engaged in quiet diplomacy aimed at reducing tensions between the US and Iran, insisting that Islamabad’s offer to help facilitate dialogue between the two sides “is still intact”.
“We are actively involved in efforts to resolve US-Iran tensions,” the official said. “Our offer to facilitate contacts has not changed. The understanding reached earlier remains intact, and we continue to engage both sides.”
The official said Pakistan’s army chief, Field Marshal Asim Munir, has remained in close contact with senior US officials, including vice-president JD Vance and the US special envoy Steve Witkoff, as part of efforts to prevent further escalation in the region.
“Field Marshal Asim Munir has been in contact with JD Vance and Steve Witkoff,” the official said. “These have been substantive discussions focused on regional stability and de-escalation.”
At the same time, the official said Islamabad has maintained high-level communication with Tehran, including hours-long talks between Munir and Iran’s foreign minister, Abbas Araghchi.
“There have also been hours-long discussions with Foreign Minister Abbas Araghchi,” the official said. “Pakistan has channels open with both Washington and Tehran and believes dialogue remains the only viable path to avoid a wider regional conflict.”
The official declined to disclose details of the exchanges but said Pakistan sees itself as one of the few countries maintaining the confidence of both capitals, allowing it to quietly encourage diplomatic engagement at a time of heightened regional tensions.
Joseph Gedeon
Despite Trump insisting that talks with Iran began on Monday afternoon, officials tell CBS News there’s nothing new to announce after all, just the same negotiations, run through mediators by envoy Steve Witkoff and Jared Kushner.
Trump calls Iran ‘unbelievably duplicitous’ as says US blockade will continue until ‘deal, or total surrender’
Donald Trump has lashed out after Iran denied it was in negotiations with the United States, declaring in an angry social media post that a US military blockade will continue until there is a “Deal, or Total surrender.”
Calling Iranian leaders “duplicitous” for “openly and proudly” saying Iran was not negotiating, Trump wrote: “Whether Iran wants to admit it or not, we are, in fact, talking of a solution to a problem that they have caused, for decades.”
The US president wrote on his Truth Social platform:
Iranian Leadership is unbelievably duplicitous! They ask for a meeting, some would say “beg,” talks begin, with more scheduled in the immediate future, and they say, openly and proudly, that they’re not having any discussions, that nothing is being talked about, and they’re only dealing with “Oman.” They then go on to give their usual blather in saying, the Strait of Hormuz will be operated powerfully by them, when it is already completely controlled by the United States Navy and our “Blockade” or, as some say, “The United States Wall of Steel!” Nothing gets through to Iran, unless we want it to, and nothing will get through, unless a Deal, or Total Surrender, is accomplished. Whether Iran wants to admit it or not, we are, in fact, talking of a solution to a problem that they have caused, for decades. It is very simple, IRAN WILL NEVER HAVE A NUCLEAR WEAPON!
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