-
Barred from elections, Russia's anti-war party vows to fight on
-
Caught between great powers: the cautionary tale of Manus
-
Jaissle states Newcastle ambition but urges patience
-
Heatwave hits evicted families sleeping rough in Rome
-
NBA star Cooper Flagg trading card a slam dunk for lucky buyer
-
US company stokes Greenland tensions by unloading drilling gear
-
ForumPay Expands Payment Infrastructure with New Card and Bank Transfer Acceptance Solution
-
Cambridge academic in plagiarism row publishes memoir
-
Oil prices higher, stocks flat ahead of inflation report
-
LeBron's Sixers hope to spoil Knicks party on NBA opening night
-
Orban-critic ex-judge becomes Hungary president after predecessor ouster
-
UK 'on course' to record warmest summer for second year in a row
-
US rights groups sue Trump over ICC sanctions
-
Spotify to launch badge identifying AI music
-
Sphere 3D Corp. (Nasdaq: ANY) Attracts 6.5% Stake from Turnaround Bitcoin-Mining Investor
-
New plastic treaty document criticised for weaker ambition
-
Oil prices lower, stocks higher as Hormuz doubts drag on
-
Hungary parliament approves Orban-critic judge as president
-
Colombia scrambles to find survivors as quake kills 181
-
Ebola outbreak in DR Congo kills more than 2,000
-
Colombia scrambles to find survivors as quake kills 169
-
ChargeAfter Powers BYLD Finance Expansion into Consumer Financing for Equipment Retailers
-
MEXC Report: 74.2% of Traditional Finance Users Have Shifted Their Trading Activity to Crypto Exchanges
-
MEXC Upgrades RealStocks With Three New Features to Enhance U.S. Stock Trading Experience
-
MEXC Lists DAPPOS (DOS) With $60,000 Worth of DOS and 10,000 USDT in Airdrop+ Rewards
-
Israel demolishes home of slain Palestinian involved in deadly West Bank clash
-
Jellyfish force shutdown of three reactors at French nuclear plant
-
Liverpool fans seek clarity on Bezos bid to buy stake
-
Hodgkinson, Werro sail through Euro 800m qualifying
-
Solar eclipse sparks scramble for protective glasses across Europe
-
Somali referee denied World Cup 'proud' to oversee UEFA Super Cup
-
Oil prices jump as US-Iran deal hopes falter
-
French newspapers target Google over AI summaries
-
Newly crowned world's best pastry chef stays true to artisan roots
-
Ebola death toll in DR Congo outbreak rises to more than 2,000
-
Johnson signs for Everton in McNeil swap deal
-
PrimeXBT Launches MT5 Cent Account for Beginners and Risk-Conscious Traders
-
Syria sentences Bashar al-Assad to death in absentia over atrocities
-
British sprinter Hunt chasing three more golds after winning 100m
-
Hong Kong's tech index plans expansion with AI and robotics themes
-
Ethiopia's Tigray rebel authorities condemn army drone strikes
-
The Infantino saga -- What they said
-
Too hot to live? French buyers rethink housing choices after heatwaves
-
Economic losses from natural disasters fall to $100 bn in first half of 2026: Swiss Re
-
Ukraine says Russia fired N. Korean missiles in deadly attack
-
Colombia scrambles to find survivors as quake kills 132
-
Oil prices jump further as hopes for Hormuz deal fade
-
Singapore says AI-related demand lifting economy
-
Trump says would be 'terrible mistake' to oust embattled Infantino
-
Demeter Tactical Investments (ME) Limited bolsters governance with two board appointments
Trump warns Iran to open Hormuz or get 'hit very hard'
US President Donald Trump said a deal to reopen the Strait of Hormuz could come as soon as Wednesday but warned Iran it would get "hit very hard" if negotiations fell through.
Transit of the waterway, a key conduit for global oil and gas supplies, has been a sticking point in talks and led to renewed fighting following an April ceasefire.
Iran has tightened its grip on Hormuz and wants to control the strait and charge tolls -- powers it did not exercise before the war began on February 28.
Trump said Tuesday a deal with Iran to reopen Hormuz could happen "tomorrow or the next day," telling reporters in California that negotiators "had a very good day."
Earlier, he struck a more threatening tone.
"The strait is going to be open very soon, or they're going to get hit very hard -- and then the strait's going to be open," Trump said in an interview with Fox News.
"All you can do is fight your way out."
US Treasury Secretary Scott Bessent told CNBC earlier "there is a chance we may have a deal" by Wednesday or Thursday.
Underlining the volatile situation, one crew member was listed missing Tuesday on a merchant ship hit by a projectile in Hormuz, while an Indian ship in the Red Sea sank following an unattributed attack.
In what has become a regular pattern, Trump last week threatened to hit Iran "very hard", potentially with attacks against civilian infrastructure, only to pull back, hinting a deal was near.
Iran's foreign ministry has denied negotiations with Washington, even as Trump insisted they were happening.
Secretary of State Marco Rubio said Tuesday that the United States was involved in negotiations between Oman and Iran on increasing traffic through the Strait of Hormuz.
News outlet Axios reported Tuesday that the US, Iran and Oman were nearing an interim deal to reopen the strait, which Washington was hoping to announce on Wednesday.
Axios, citing unnamed regional officials and a US official, said the deal on the table would be a 60-day arrangement for safe passage in the strait between Iran and Oman.
- Deal or surrender -
Qatar, which has been mediating negotiations, said that diplomatic efforts were ongoing but that no direct Iran-US talks were planned.
Its leader, Sheikh Tamim bin Hamad Al-Thani, spoke with Trump by phone on Tuesday, with Doha saying they discussed "efforts to de-escalate tensions."
Trump had previously said he expected to know by Tuesday how the talks were going, "one way or the other", but insisted "it's not very complex."
Washington's diplomatic goals include reopening Hormuz and the denuclearisation of Iran, which Trump accepted could "take a little while."
The president previously called Tehran "duplicitous" for saying it was not negotiating, adding that a US counter-blockade of Iranian ports would remain "unless a Deal, or Total Surrender, is accomplished."
More than five months into a war that has cost Washington billions of dollars, Iran remains able to fire missiles and drones at US and allied targets in the region, as well as at commercial shipping.
Early on Tuesday, Britain's maritime security agency UKMTO said an unnamed cargo vessel had been struck by an "unknown projectile" in the Strait of Hormuz off the coast of Oman.
Iran continues to impose an effective blockade on the strait and insists ships coordinate crossings with it.
- Red Sea attack -
The disruptions in Hormuz have only placed greater importance on shipping lanes through the Red Sea, where Iran-backed Houthi rebels in Yemen have declared a maritime blockade on Saudi Arabia.
The Saudi Red Sea port of Yanbu has enabled it to keep up shipments to global markets by circumventing Hormuz entirely.
But since the Houthis announced their blockade, they have claimed attacks on multiple ships they say are in violation.
On Tuesday, the Indian ship MSV Faize Noore Oliya sank in the Red Sea off Yemen following an unattributed attack, with all of its crew rescued.
The Red Sea is a gateway to the Suez Canal, and a previous campaign of Houthi attacks on commercial vessels during the Gaza war forced shippers to instead take lengthy detours around the southern tip of Africa.
burs-gw/des/lga/abs
A.Clark--AT