Ominous Signs in the Strait of Hormuz The recent dip in global oil prices has sparked hopes of a US Iran peace deal.
However, beneath the surface lies a complex web of conflicting interests and unresolved issues that make it premature to celebrate any breakthrough.
Details of the proposed deal remain shrouded in mystery, with President Donald Trump hinting at a Memorandum of Understanding that would reopen the crucial Strait of Hormuz shipping route.