US-Iran Hormuz talks continue
Analysis based on 41 articles · First reported Jul 11, 2026 · Last updated Jul 12, 2026
The ongoing conflict and uncertainty over the Strait of Hormuz have pushed oil prices higher, with crude posting its biggest weekly rise in eight weeks. Renewed fighting threatens global energy supplies and fuels inflation, a politically sensitive issue for Trump ahead of November elections.
Iran's Foreign Minister Abbas Araghchi visited Oman on July 11-12, 2026, to discuss safe passage through the Strait of Hormuz with Omani counterpart Badr al-Busaidi. The talks follow a week of escalated hostilities, including attacks on Qatari and Saudi tankers, US strikes on Iranian sites, and Iranian strikes on US military sites in Gulf states. US President Donald Trump declared the ceasefire over but agreed to continue talks. The US demands a public Iranian pledge to stop attacks and keep the strait open without tolls. Oman reportedly proposed a draft plan for free navigation in its territorial waters and prior approval for Iranian waters. Meanwhile, Iran's new Supreme Leader Mojtaba Khamenei threatened vengeance for the killing of his predecessor Ali Khamenei. Trump ordered the US military to prepare for massive strikes if Iran attempts to assassinate him. No attacks were reported during the talks. The conflict has disrupted global oil supplies, with crude prices posting their biggest weekly rise in eight weeks.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard