Trump Says May Resume Iran Talks ‘At Some Point’

The signal here is rhetorical ambiguity rather than a policy shift: talks are floated as conditional and unscheduled, with the nuclear demand restated as a precondition. For energy and shipping markets, the more consequential claim is the assertion of control over the Strait of Hormuz, a framing that treats a chokepoint as leverage rather than a negotiating subject. Whether that posture translates into any change in transit risk or into an actual negotiating track is the open question.