A senior US official informed Al Jazeera that the Strait of Hormuz remains fully open under US Navy control, in response to Iranian threats to establish a restricted zone in this critical maritime corridor. The strait is a vital passage for global oil and LNG shipments and has been a focal point of ongoing tensions between the US and Iran. Market pricing reflects a decreased likelihood of a US-Iran agreement before the September 15 deadline. Observers will be monitoring statements and actions from President Trump, Iranian Foreign Minister Abbas Araghchi, and US Central Command.
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