GeopoliticsIMPORTANT
Mediators of the ongoing conflict in the Middle East believe the US and Iran are close to a deal that would resurrect the failed memorandum of understanding, according to The Times of Israel being cited by Fox
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Mediators indicate a US-Iran deal is near to reopen the Strait of Hormuz. Oil prices fell below $89 on de-escalation hopes, while Trump meets Netanyahu for final consultations.
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The outlet, citing an Arab official and another source familiar with the discussions, reported that negotiators from Pakistan, Egypt and Qatar have been working on clarifying how the Strait of Hormuz will operate. The two sources said the White House was waiting to make a decision until after President Donald Trump meets with Israeli Prime Minister Benjamin Netanyahu on Tuesday.
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