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Amid international tensions, U.S. President Donald Trump confirmed that the United States is conducting good talks with Iran regarding the reopening of the Strait of Hormuz, warning that Iran will face a strong strike if it backs down from negotiations. Trump added that the Strait of Hormuz will be opened soon, or there will be military responses, and that things are progressing well with oil and gas prices declining, urging companies to reduce prices. Reports indicate that Iran is exclusively negotiating with Oman over the management of the strait, and that there is progress in the talks between the two sides amid escalating military and economic tensions in the region.
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