Trump sends peace plan as Iran opens to ‘non-hostile’ oil vessels
The Straits Times - Business·2026-03-25 09:00
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WASHINGTON/TEHRAN - US President Donald Trump sent a peace plan to Iran as he voiced optimism on March 24 at ending nearly a month of a war, with Tehran announcing that it will let “non-hostile” oil vessels go through the crucial Strait of Hormuz.
The tentative signs of a diplomatic solution came despite new violence, with an Iranian missile causing injuries in Israel which in turn pressed on multiple fronts and vowed to seize control of a strip of southern Lebanon.Mr Trump, whose pronouncements in recent days have swung wildly from vowing massive attacks on Iran to declaring the nearly month-long war virtually over, said the United States was “in negotiations right now” with Iran – which has not confirmed any formal talks.“They did something yesterday that was amazing actually. They gave us a present and the present arrived today. And it was a very big present worth a tremendous amount of money,” he told reporters in the Oval Office.“That meant one thing to me – we’re dealing with the right people.”He did not explain further but said it related to the Strait of Hormuz, which Iran has largely blockaded in retaliation for US and Israeli strikes, sending global energy prices soaring.Iran, in a message circulated by the International Maritime Organization shortly afterward, assured safe passage to “non-hostile vessels” going through the strait, the gateway for one-fifth of the world’s oil.Iran had already in recent days said it was not targeting friendly nations, although many vessels have shied away as insurance companies refuse to take risks.
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Userf7cq 25/03/2026
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