Progress made toward US-Iran talks on ending war, Qatar says
Qatar is mediating diplomatic efforts between the US and Iran to resolve ongoing tensions and reopen the Strait of Hormuz. While progress is reported, the region remains volatile with continued shipping blockades and attacks.
Why it matters
The closure of the Strait of Hormuz has significant implications for global oil prices and international maritime security.
Home News World Sports Entertainment Science Royal Trending Health Videos Technology World Progress made toward US-Iran talks on ending war, Qatar says Iran has halted most traffic through Hormuz while Washington maintains a blockade of Iran-related shipping and ports
Qatar said mediators were making progress in efforts to end the US- Iran war on Tuesday.
Benchmark Brent crude fell more than 4% after the comments from Qatar, extending Monday's steep losses on hopes that an arrangement could soon be reached to restore traffic through the blockaded Strait of Hormuz.
But for now, the strait remained virtually shut, with another ship reportedly coming under attack while trying to cross it.
Qatar's foreign ministry spokesperson Majed al-Ansari said diplomatic contacts had reached "very progressive stages".
He said mediators including Qatar, Pakistan and Oman were coordinating closely to facilitate negotiations and exchange draft proposals between Washington and Tehran.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in