Despite a 90-day stand-off, both Iran and Washington claim time is on their side regarding a deal. Tensions flared after a US strike on Iran's coast, prompting retaliatory actions and continued negotiations.

It’s been a week where, 90 days into the conflict and ceasefire stand-off with Iran, both Tehran and Washington are insisting time is on their side — each claiming the other needs a deal more urgently. Pressure is growing on the Trump administration with soaring energy prices and midterm elections approaching, while Iran is reportedly losing huge oil revenues with tankers backed up in port. Reports suggested a temporary agreement to reopen the Strait of Hormuz was close, before the US struck I...