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US and Iran Nearing Interim Deal to Reopen Strait of Hormuz Amid Military Warnings

29 sources across 21 countries · 3 of them are linked to a state

Who reported this

  • The Guardian United Kingdom · Centre-left · Scott Trust Limited
  • BBC News United Kingdom · Centre · Public · Licence fee, royal charter
  • Financial Times United Kingdom · Centre · Nikkei Inc.
  • Reuters United Kingdom · Centre · Thomson Reuters Corporation
  • Haaretz Israel · Left · Schocken family and M. DuMont Schauberg
  • The Times of Israel Israel · Centre · Seth Klarman (majority backer)
  • The Jerusalem Post Israel · Centre-right · Mirkaei Tikshoret (Eli Azur)
  • Le Monde France · Centre-left · Fonds pour l'independance de la presse
  • France 24 France · Centre · Public · France Medias Monde (French state holding)
  • Der Spiegel Germany · Centre-left · ~50% staff-owned
  • Frankfurter Allgemeine Germany · Centre-right · FAZIT-Stiftung (foundation)
  • Al-Monitor United States · Centre · Jamal Daniel
  • Bloomberg United States · Centre · Bloomberg L.P. (Michael Bloomberg)
  • Infobae Argentina · Centre-right · Daniel Hadad
  • The Daily Star Bangladesh · Centre · Mediaworld Ltd
  • CNN Brasil Brazil · Centre · Rubens Menin (MRV)
  • La Tercera Chile · Centre-right · Copesa (Saieh family)
  • Telex Hungary · Centre · Reader-funded, staff-owned
  • The Jakarta Post Indonesia · Centre-left · PT Bina Media Tenggara
  • ANSA Italy · Centre · Publisher cooperative
  • The Japan Times Japan · Centre · News2u Holdings
  • Aftenposten Norway · Centre-right · Schibsted, Tinius Trust foundation
  • Dawn Pakistan · Centre-left · Pakistan Herald Publications (Haroon family)
  • Philippine Daily Inquirer Philippines · Centre · Prieto family
  • Al Jazeera Qatar · Centre-left · State-affiliated · Qatari government funded
  • The Straits Times Singapore · Centre-right · State-affiliated · SPH Media Trust; management shares under the NPPA
  • Business Day South Africa · Centre-right · Arena Holdings (Lebashe Investment Group)
  • Yonhap South Korea · Centre · State-affiliated · Cooperative; statutory national agency with state subsidy
  • Kyiv Independent Ukraine · Centre · Reader-funded, journalist-owned

What the colours mean

  • Left
  • Centre-left
  • Centre
  • Centre-right
  • Right
  • A hatched block means the outlet is affiliated with, or controlled by, a state.

Political lean describes where an outlet sits within the politics of its own country. It is never a position on a single global scale.

Political lean is comparable inside one country and not across them, which is why the bar groups by country first. Publicly funded broadcasters are not marked as state-linked.

The owner of each outlet is listed as a matter of record, not as a judgement about the outlet.

The United States, Iran, and Oman are nearing an interim agreement to reopen the Strait of Hormuz, a vital waterway for global oil and gas supplies. According to reports from Axios and other outlets, the proposed 60 day arrangement would establish a northern shipping lane for inbound traffic through Iranian waters and a southern lane for outbound traffic through Omani waters. The deal would reportedly involve no tolls and a 30 day window to clear mines from the median lane. US Treasury Secretary Scott Bessent and Secretary of State Marco Rubio indicated that an agreement could be reached as soon as Wednesday.

President Donald Trump combined optimism about the negotiations with military threats during an interview with Fox News. He stated that the strait would open very soon or Iran would be hit very hard. Trump claimed that Iran is keen to seal a deal to end the conflict, which began on February 28 when the US and Israel launched strikes on Iran. Conversely, the Iranian foreign ministry has denied direct negotiations with Washington, asserting that its discussions are exclusively with Oman.

Global oil prices fell significantly on news of the potential deal, with Brent crude dropping below 80 dollars per barrel. Despite the diplomatic progress, maritime tensions remain high. A cargo vessel was reportedly struck by a projectile in the Strait of Hormuz, and an Indian flagged vessel sank in the Red Sea following an attack attributed by some sources to Iran backed Houthi rebels.

Simultaneously, reports from multiple sources indicate that the US military has used virtually all of its stockpile of long range precision missiles during the five month conflict. This has raised concerns among analysts regarding the US ability to deter other adversaries, such as China and Russia. While the White House has stated that US ammunition stocks remain superior to any other nation, some analysts suggest the current levels could limit the US ability to force Iran to accept specific terms.

How each side framed it

Left
Focused specifically on the strategic vulnerability caused by the depletion of US long range missiles.
Centre-left
Emphasized the fragility of the agreements and the potential for Iran to dictate terms due to US military exhaustion.
Centre
Focused on the diplomatic process, oil market reactions, and the depletion of US missile stocks.
Centre-right
Highlighted Trump's strong warnings to Iran and the strategic necessity of reopening the strait.
Right
Not present

Sources

100% of the statements in this article were traced back to the source articles listed above.