Trump: Potential US-Iran Joint Project on Hormuz Strait Transit Fees

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On April 8, Trump stated that the United States will negotiate with Iran regarding tariffs and sanctions exemptions, and will not allow Iran to engage in uranium enrichment. Both sides have reached an agreement on many points out of 15. A potential US-Iran joint project on Hormuz Strait transit fees may be initiated. Currently, the US is collaborating with Iran to remove buried nuclear materials. Additionally, a White House spokesperson mentioned that discussions about holding face-to-face talks between the US and Iran are ongoing, but everything will need to be confirmed after an official announcement from the President or the White House. According to monitoring by PolyBeats, the probability of ‘the Hormuz Strait resuming navigation this month’ on the prediction market Polymarket once rose to 48%, and is currently reported at 38%.

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