The United States and Iran are exploring a phased agreement that could link the reopening of the Strait of Hormuz to relief from the blockade. Any progress could affect regional tensions, energy markets and global shipping routes.
U.S. and Iranian negotiators are exploring a phased path out of war that could pair Tehran reopening the Strait of Hormuz with Washington lifting its economic blockade, sources told Reuters. The talks remain difficult because neither side wants to surrender LeverageDefinition Leverage allows a trader to control a market position whose notional value is larger than the capital posted as margin. It magnifies both gains and losse...Read More first.
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