The situation around the Strait of Hormuz is once again becoming one of the central pressure points of global politics. It is now the number one issue, at least until military action by the United States against Iran potentially resumes.
Mohammad Bagher Ghalibaf, the leader of Iran’s negotiation team with the United States, resigned due to internal disagreements, according to sources familiar with the situation, as reported by Iran International.
The group of 15, hailing from Colombia, Ecuador, and Peru, arrived last Friday in the central African country and are currently being accommodated at Venus Village, a dilapidated hotel complex on the outskirts of the capital.
New York has filed a lawsuit against the Trump administration, accusing federal officials of unlawfully withholding more than $73.5m in highway funding linked to a dispute over commercial driver licences.
The US dollar weakened on Friday, pressured by shifting expectations for monetary policy and renewed optimism that diplomatic efforts could ease tensions between the United States and Iran.
US President Donald Trump has said Iran is preparing a proposal aimed at meeting American demands, as both sides move towards renewed talks expected to take place in Pakistan.
