Iran-U.S. talks near breaking point
The article discusses indirect talks between Iran and the United States regarding the Strait of Hormuz issue, which have seen limited progress amidst mutual mistrust and increasing tensions after the White House rejected Iran's proposed plan to reopen the strait in exchange for easing some economic sanctions. The focus of the discussions is on how to agree on phased arrangements for opening the waterway in exchange for U.S. measures against sanctions, with the negotiations being linked to Iran's nuclear deal. Washington insists on a clear resolution to this matter, while Iran emphasizes its right to develop nuclear technology for peaceful purposes. The volatile nature of the negotiations causes fluctuations in oil prices, and Iran fears that the outcome of the U.S. elections could impact the future of these discussions, amid ongoing uncertainty about the intentions of both parties.
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