Meetings involving U.S., Iranian, and Qatari technical teams have started following discussions between U.S. envoys and Qatari leaders.
Doha talks underway: U.S. and Iranian negotiators resumed talks in Doha, with the primary focus on the future management of the Strait of Hormuz.
Toll dispute at center: Iran wants to impose transit fees on ships after the current 60-day memorandum expires, while the U.S. argues the strait is an international waterway that cannot be controlled unilaterally.
U.S. pushes broader vision: American negotiators urged Iran to abandon the toll proposal, arguing that sanctions relief and expanded oil exports under a nuclear agreement would be far more valuable economically.
Temporary de-escalation: Both sides agreed to keep tensions in the Strait of Hormuz subdued for one week to allow negotiations to continue without military escalation.
Fragile outlook: Although the parties have a 60-day window to negotiate a comprehensive nuclear agreement, officials acknowledge that the initial memorandum is at risk of collapsing.
President Trump said talks have been “going well,” although reports indicate he recently reviewed military options before deciding to allow diplomacy to continue.
The one-week cooling-off period expires shortly after the July 4 holiday, making the next several days critical for determining whether diplomacy advances or tensions return
This article was written by Greg Michalowski at investinglive.com.