News Summary

• President Donald Trump made the announcement on his Truth Social site Monday, just hours ahead of a deadline later in the day.
• Trump did not elaborate on the diplomatic negotiations that had taken place.
• Iran did not immediately acknowledge any talks between the countries.
• Trump and his allies insist they were always prepared for Iran to block the strait, yet the Republican president’s erratic strategy has fueled criticism that he is grasping for answers after going to war without a clear exit plan.
• Trump has repeatedly shifted his approach on the crucial waterway for global oil and gas transport.