US and Iran Set for Talks as Trump Vows to Reopen Strait of Hormuz

US President Donald Trump has announced that the Strait of Hormuz will reopen 'fairly soon' with or without Iran's assistance, as the US and Iran prepare for peace talks in Pakistan. The strait, a critical maritime chokepoint, has been effectively blocked by Iran, disrupting approximately one-fifth of global oil and natural gas flows.

Speaking to reporters, Trump said the US would 'open up the Gulf' and that other countries were ready to 'help out'. He emphasized that ensuring Iran does not possess nuclear weapons is the priority in any agreement, and the strait would open 'automatically' if a deal is reached.

Despite a two-week ceasefire between the US and Iran, shipping in the strait remains at an effective standstill. Only two vessels passed through the strait on Friday, down from five the previous day. More than 600 vessels, including 325 tankers, are still stranded in the Gulf due to the blockage.

US Vice President JD Vance and Iranian parliamentary speaker Mohammad Bagher Ghalibaf are set to lead negotiations in Islamabad aimed at securing a permanent end to the war. The US and Iran have offered conflicting messages on the agreed-upon terms for the negotiations, including the contents of a 10-point plan put forward by Tehran.