A new proposal is on the table to reopen the Strait of Hormuz. Iran is reportedly seeking an end to the war and reopening this critical shipping lane, but wants to postpone nuclear negotiations to a later date. President Trump is meeting with his national security and foreign policy team today, but it seems unlikely for the administration to give up its leverage by ending the naval blockade. Meanwhile, the Iranian foreign minister is meeting with Russian President Vladimir Putin today in St. Petersburg.
