world 🤝 US, Iran explore phased deal over Hormuz Strait
US and Iranian negotiators are discussing a phased arrangement in New York to ease tensions. The proposal involves Tehran reopening the Strait of Hormuz in exchange for Washington lifting economic blockades. This potential deal aims to resolve the conflict in stages, with the first step being the lifting of the blockade and reopening the waterway. However, these talks are complex as both sides have strong leverage and want meaningful concessions. Gulf states are also watching closely, pushing for de-escalation while demanding freedom of navigation. 🚢