Strait of Hormuz: Trump Says Deal Imminent, But Iran's Terms Exclude the US Entirely

The Strait of Hormuz has been shut since February 28, 2026, cutting roughly 20% of global oil and gas supply. Trump says a deal could come within days. But Iran is negotiating only with Oman, demands the US lift its naval blockade on Iranian ports, and warns the strait stays shut unless US "violations" stop. A similar June deal collapsed in one week.