The control of the Strait of Hormuz is a central issue in US-Iran negotiations. Former President Trump suggested a potential 'joint venture' between the two nations to ensure open global passage.

Control of the Strait of Hormuz has emerged as the central fault line in US-Iran negotiations, with US President Donald Trump appearing to recast an earlier off-the-cuff idea into a more formal proposal that seeks to bridge Tehran’s push for dominance and Washington’s insistence on open passage. Following his Tuesday announcement of a two-week ceasefire, Trump on Wednesday told the American Broadcasting Company that his administration may seek a “joint venture” with Iran to safeguard the global....