US and Iran discuss who controls the world's busiest oil route

US and Iranian negotiators met in Doha on July 1 to discuss the Strait of Hormuz — a narrow sea passage through which one-fifth of the world's oil passes daily. Qatar's leader called it "positive progress," though Iran kept its demands on the table. Both sides appear willing to reduce the risk of disruptions, but details on inspections and relief from financial penalties remain unclear.