News chronological

Around 8 million barrels of oil go out of the Gulf every night through the southern lane of the Strait of Hormuz in coordination with the U.S. military. U.S. officials stated they intend to try and get more oil out as long as no deal is reached.

U.S. officials report growing disagreements between two camps in Iran: one led by President Masoud Pezeshkian, which is concerned about economic collapse and believes a deal with the U.S. is necessary, and another led by Ahmad Vahidi, the commander of the Islamic Revolutionary Guard Corps, who rejects any concessions.

On Saturday, Zolghadr stated that for the strait to reopen, the U.S. must: - Never threaten nor insult Iran in any language. - Permanently end the war against Iran and its allies in Lebanon, Gaza, Yemen, and Iraq. - Lift the naval blockade and withdraw military forces from Iran's surroundings. - Provide full compensation for war damages, lift all sanctions, and release all Iranian frozen funds.

An agreement governing traffic in the Strait of Hormuz was negotiated among Iran, Oman, and the U.S. Under the terms of the pending deal, Iran would be granted partial control over traffic in the strait, which is a change from its status before the war. While Qatari and Pakistani mediators expected an announcement on Wednesday, the prospects for the deal have since seemed to fade.

Trump stressed that Iran is "in very bad shape" economically and lacks the money to pay its troops, noting that the U.S. naval blockade has exacerbated the regime's economic crisis.

President Trump stated, "We are low keying it," noting that the U.S. is "only semi-negotiating" with Iran. He indicated a preference for allowing economic pressure to mount, specifically watching Iran's high inflation and lack of funds, rather than ordering a new military offensive.