While Iran’s selective approach to allowing access to the Strait of Hormuz could push more countries to the negotiating table, the bigger issue is having to engage on Tehran’s terms rather than on the basis of a purely commercial right of passage, analysts say.
Trump says US may exit Iran war soon, threatens to quit NATO as oil crisis escalates
"We'll be leaving very soon," US President Donald Trump told reporters, saying that could be within two or three weeks.
Asian stocks rally after Trump says Iran war to end 'very soon'
Crude prices, however, jumped on lingering worries about the closure of the strategic Strait of Hormuz.
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