126 resultsfor “Strait of Hormuz significance in negotiations”
Hormuz**, NPR's Greg Myre tells *Up First*. Shipping traffic through the waterway remains at a standstill, and both sides say they are inflicting economic pain. Both sides also believe the other will give
significant concessions he wants before a deal can be struck to end the Middle East war. The US president said he had called off [a fresh wave of strikes](https://www.theguardian.com/world/2026/may/18/iran-new-proposal-deal-to-end-war-us-israel), which would have
negotiations. The vote on Wednesday marks the first successful effort by lawmakers to force the US to end a conflict that has had mounting catastrophic effects, from thousands of civilian deaths to global trade disruptions
Hormuz and provide him a credible argument that Iran's nuclear capability has been diminished enough to declare victory, winding down a conflict that's been politically unpopular for Republicans. But as things stand, Trump
significantly”. “It would lead to temporary supply bottlenecks, stock market volatility, inflationary upward pressure and could dampen global GDP measurably if prolonged,” Ferdinand Rauch, a professor of economics at the University of St Gallen
Hormuz. Twenty percent of the world’s oil and liquefied natural gas (LNG) shipments transit the waterway during peacetime. The blockage of the strait has triggered a major shortage of oil around the world