Some headlines from the White House press briefing:
Iran can no longer distribute weapons to its proxiesIran asked for an agreed to a ceasefireIran has agreed to open HormuzIran’s original plan was discardedIran then put forward a more-reasonable planTrump’s red lines have not changedWe’ve seen an uptick in Strait trafficTrump expects it to be open
It’s hard to know what’s true and what’s spin in any of this.
US and Iran to hold first round of talks Saturday in PakistanThere were also talks between top-level of US and ChinaTrump is dispatching team led by Vance to PakistanHormuz revenue idea has been floated and will be discussed, Iran has given indications they will turn over uraniumUS has not ‘definitively’ accepted Iran collecting tolls in HormuzUS wants no limitations on Hormuz, including tolls
This article was written by Adam Button at investinglive.com.