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Saturday
02
May 2026
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> Hormuz

> Hormuz

Partial climbdown by Iran: Says “yes” to negotiations without lifting the naval blockade, puts nuclear issues and the opening of Hormuz on the table

Tehran is attempting a partial convergence with Washington and says it is ready to enter talks, conditions permitting, early next week. It is linking nuclear issues with sanctions relief. “They want a deal, but we’re not there yet,” Trump said

Bloomberg: Tehran considers temporary halt of transport through Hormuz to support peace talks

Iran attempts to avoid escalation with the US amid Trump's naval blockade - Oil prices fall after reports of possible de-escalation

Iran: at least five ships passed through the Strait of Hormuz in the last 24 hours

Oil and commodity markets are anxiously looking for signs that traffic in the Straits is being restored

Global concern: Iran’s navy closes strait of Hormuz, oil and gas prices could surge

The Navy of Iran’s Revolutionary Guards broadcast a message to all ships, stating that “all vessels passing through the Strait of Hormuz are prohibited” and “no ship, under any circumstances, is allowed to pass.”