Source: Reuters
“Two Chinese tankers laden with oil exited the Strait of Hormuz on Wednesday, shipping data showed, brightening hopes that the U.S.-Israeli conflict with Iran may soon be resolved after positive comments from the U.S. president and his deputy. President Donald Trump said on Tuesday the war would be over ‘very quickly’ while Vice President JD Vance talked up progress in talks with Tehran about an agreement to end hostilities. … Iranian state media said Tehran’s latest peace proposal involves ending hostilities on all fronts including Lebanon, the exit of U.S. forces from areas close to Iran, and reparations for destruction caused by the U.S.-Israeli attacks. Tehran also sought the lifting of sanctions, release of frozen funds and an end to the U.S. marine blockade, according to Deputy Foreign Minister Kazem Gharibabadi as cited by IRNA news agency. The terms as described in the Iranian reports appeared little changed from Iran’s previous offer, which Trump rejected last week as ‘garbage.'” (05/20/26)