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Trump Open to Iran Talks, Seeks ‘Escort Compensation’ for Hormuz Oil

US President Trump said on the 14th he is “open” to negotiating with Iran, adding that Washington helps oil shipments through the Strait of Hormuz and that other countries should pay the US “escort compensation.” Trump said Iran is “eager” for a deal. He had earlier said the US-Iran conflict would end “immediately” after November’s US midterm elections and that resuming talks with Iran was “not something we are considering right now.”

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AI take

The signal here is less about Tehran than about Washington's shifting conditions for talks: Trump is now framing US naval protection of Hormuz oil flows as a billable service, which reframes the Strait from a shared security corridor into a transaction. For Gulf producers, Asian refiners and shipping insurers, that introduces a new variable — not the risk of closure, but the risk of cost. Whether the escort-compensation idea gains any traction, and whether the stated openness to talks survives the midterms, are the open questions.

Generated by AI for reference only.

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