Stalled U.S.-Iran Talks Threaten Strait of Hormuz Reopening and Global Oil Flows
Negotiations between the U.S. and Iran have stalled, casting doubt on the reopening of the Strait of Hormuz, a critical passage for global oil and liquefied natural gas shipments. The talks were seen as essential for de-escalating tensions and restoring tanker traffic through the strait. However, with the ceasefire deadline approaching and no progress on key issues like nuclear policy and regional security, uncertainty looms over the timing of any recovery in oil flows. U.S. officials are not rushing toward a deal, while Iranian officials report limited progress, leaving the status of Hormuz and the broader supply outlook uncertain.