Gate News message: On April 11, CNN reported that an Iranian security source said that the Strait of Hormuz will remain closed until Iran and the United States reach a “common framework” to continue negotiations. The source said that the U.S. has made “excessive demands” on multiple issues, including key waterways, and has, to date, prevented the two sides from reaching an agreement on common ground and advancing the negotiations. The source said: “Iran is not in a rush to take action.” Tehran has conveyed to the United States that, before reaching a common framework, “the status quo in the Strait of Hormuz will remain unchanged,” and that “even the previously agreed number of ship transits will not be achievable.” If U.S. negotiators do not demonstrate “a prospect with real meaning,” the strait will remain closed.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Goldman Sachs Raises Q4 Oil Price Forecasts to $90/Barrel Brent, $83/Barrel WTI Amid Middle East Supply Tightness
Gate News message, April 27 — Goldman Sachs raised its fourth-quarter oil price forecasts on April 26, citing supply tightness in the Middle East. The bank now expects Brent crude oil (London benchmark) to reach $90 per barrel and WTI crude oil (U.S. benchmark) to reach $83 per barrel, up from
GateNews1h ago
Powell’s final dance? Middle East conflict pushes inflation higher; the Fed is expected to hold steady this week
This week, central banks around the world announced their interest-rate decisions, and the market expects the Federal Reserve to keep rates unchanged. The conflict in the Middle East has escalated; shipping through the Strait of Hormuz has been disrupted, pushing up energy and raw material prices and increasing global inflation pressure. As a result, central banks are taking a cautious wait-and-see approach. The estimated U.S. GDP is 2.2% annualized, and PCE has risen, indicating that economic resilience and inflation are coexisting. The market generally believes that the Fed will maintain interest rates. Powell may be hosting for the last time during his tenure, and the Warsh appointment path is also affected by the DOJ incident.
ChainNewsAbmedia1h ago
Iran Proposes Priority Agreement on Strait of Hormuz, Delays Nuclear Talks with U.S.
Gate News message, April 27 — Iran has proposed a new initiative to the United States prioritizing an agreement on reopening the Strait of Hormuz and lifting maritime blockades, while postponing nuclear negotiations to a later stage, according to AXIOS citing a U.S. official and two informed sources
GateNews2h ago
CFTC Faces Enforcement Crisis as 24% Staff Cuts Hit Insider Trading Oversight in Crypto and Prediction Markets
Gate News message, April 26 — The U.S. Commodity Futures Trading Commission (CFTC) has cut 24% of its workforce since Donald Trump returned to office, leaving the agency at its lowest staffing level in 15 years amid growing insider-trading risks across crypto, oil futures, and prediction markets. Th
GateNews3h ago
Trump Says Iran Should Act Wisely, but U.S. Will Win Regardless
Gate News message, April 26 — In an interview on April 26, U.S. President Trump commented on the Iran situation, stating that America's greatest advantage is having destroyed Iran's navy and air force, with Iran's leadership now replaced. Trump noted that the current Iranian leadership is mixed—some
GateNews11h ago
Hong Kong Finance Chief Chen Maobo: Global Asset Allocation Diversification Accelerates, Digital Asset ETFs Emerge as Key Investment Option
Gate News message, April 26 — Hong Kong's Financial Secretary Chen Maobo published a commentary titled "Converging Greater Energy Through Innovation and Collaboration," outlining the latest perspectives on global asset allocation trends and ETF market development. Chen emphasized that global
GateNews17h ago