Trump Bets on Iran Talks as Clashes Persist Near Hormuz

President Trump says talks with Iran on an interim peace deal will “work out well” even as U.S.–Iran clashes flare near the Strait of Hormuz. Reports say negotiators aim to extend the ceasefire by about two months, reopen Hormuz to shipping, and lift some sanctions on Iranian ports, while Tehran accuses Washington of mixed signals. Weekend U.S. strikes on Iranian sites and retaliatory regional actions have kept tensions high and pushed oil prices up as talks continue over uranium stockpiles and how to safely redeploy Hormuz traffic.