US and Iran seek Hormuz compromise as Trump keeps military option open

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The United States and Iran have resumed talks about the Strait of Hormuz, with mediation led by Oman and Qatar. These indirect discussions aim to find a compromise on maritime access and establish a broader framework for de-escalation. President Donald Trump, however, keeps the military option open. The probability of a diplomatic meeting by the end of July has risen from 6% to 7.5% in the past 24 hours. Tensions around this strategic corridor continue to impact global shipping and energy markets.

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