Golnar Motevalli

WASHINGTON — President Donald Trump said that no one nation would control the Strait of Hormuz, pushing back on Iranian demands to manage the vital energy waterway.

WASHINGTON — President Donald Trump asserted that no one nation would control the vital Strait of Hormuz waterway, highlighting a key sticking point in resolving the war with Iran.

The U.S. denied an Iranian state television report on a draft interim peace deal that said maritime traffic through the Strait of Hormuz could return to normal within a month of it coming into effect.

(Bloomberg) -- President Donald Trump asserted that no one nation would control the vital Strait of Hormuz waterway, highlighting a key sticking point in resolving the war with Iran.

WASHINGTON -- President Donald Trump asserted that no one nation would control the vital Strait of Hormuz waterway, highlighting a key sticking point in resolving the war with Iran.

WASHINGTON — President Donald Trump asserted that no one nation would control the vital Strait of Hormuz waterway, highlighting a key sticking point in resolving the war with Iran.

WASHINGTON — President Donald Trump asserted that no one nation would control the vital Strait of Hormuz waterway, highlighting a key sticking point in resolving the war with Iran.

Iran is hosting an investment and reconstruction conference as it appears to be inching closer to an agreement with the US that could pave the way for a permanent truce with Washington.

Iran’s economy was already under strain before the US and Israel launched their war on the Islamic Republic. It was grappling with negative growth, soaring inflation and a currency crisis. Those problems have been compounded by strikes on the country’s civilian and industrial infrastructure and the US naval blockade of Iranian ports.

Iran's economy was already under strain before the US and Israel launched their war on the Islamic Republic.