US-Iran talks target Hormuz chokepoint after July 1 Doha session

US and Iranian negotiators completed technical talks in Doha on July 1 focused explicitly on the Strait of Hormuz, which handles roughly one-fifth of global seaborne oil. Qatar's prime minister called the outcome "positive progress," though Tehran maintained its stated conditions. The session marks the most concrete signal that supply-disruption tail risk is being negotiated down, though implementation details on inspections and sanctions relief remain unresolved.