Strait of Hormuz stuck in limbo as Trump mulls Iran's latest offer

Live Live Updates: Iran war and Strait of Hormuz stuck in limbo as Trump mulls latest Iranian offer By Tucker Reals Tucker Reals Editor Tucker Reals is CBSNews.com's foreign editor, based in the CBS News London bureau. He has worked for CBS News since 2006, prior to which he worked for The Associated Press in Washington, D.C., and London. Read Full Bio Tucker Reals Updated on: April 28, 2026 / 8:39 AM EDT / CBS News Add CBS News on Google What to know about the Iran war today:The White House says the Trump administration is discussing — although not "considering" — an Iranian proposal that would see Iran and the U.S. mutually drop their respective restrictions on the Strait of Hormuz, but delay talks on the Islamic Republic's contentious nuclear program.Oil prices continued ticking up Tuesday with no clear sign of a solution to end the war emerging. The price of international benchmark Brent Crude topped $111 dollars a barrel early in the day, extending Monday's gains by about 2%. Fighting between Israel and Iranian-backed Hezbollah in Lebanon, which has been a major sticking point in efforts to cement a wider peace deal between the U.S. and Iran, continues. Israel warned more Lebanese civilians to flee their homes Tuesday ahead of military operations. New Updates 16m ago U.S. and global benchmark oil prices surge, with West Texas Intermediate up 5% Oil prices rose sharply Tuesday amid a lack of progress in re-opening the key Strait of Hormuz.The benchmark U.S. oil contract West Texas Intermediate (WTI) surged 4.94% to $101.1 dollars a barrel just after 7 a.m. Eastern, after earlier edging above 5%. International benchmark Brent Crude rose 3.79% to $112.3 a barrel.The rise came after Qatar warned on Tuesday of the possibility of a "frozen conflict" in the Gulf, as talks between the U.S. and Iran for a peace deal appeared to be at a stalemate.CBS/AFP https://www.cbsnews.com/live-updates/iran-war-trump-strait-of-hormuz-iranian-offer-ceasefire-oil-gas-prices/#post-update-e8be4ab2 link copied 37m ago Iran says Japanese tanker transited Strait of Hormuz with permission A Japanese oil tanker has "passed through the Strait of Hormuz with coordination from Iran," a semi-official Iranian news agency linked to the country's powerful Islamic Revolutionary Guard said Tuesday.According to Iran's Tasnim news agency, the Idemitsu Maru tanker departed from Saudi Arabia's Ras Tanura industrial port on April 17. The report confirmed tracking data reported earlier by CBS News that showed the Idemitsu Maru leaving the Persian Gulf via the strait on Tuesday morning.Tasnim said the ship was carrying 2 million barrels of crude oil.It was unclear whether the ship's Japanese owners paid a fee to Iran for safe passage. Tasnim announced on April 21, amid a disagreement between Iran and the U.S. over the terms of their ongoing ceasefire, that the Iranian military was reimposing a complete blockade on all shipping traffic through the strait. The U.S. has imposed its own blockade on Iranian ports and vessels linked to the regime, and those subject to U.S. sanctions, but the restrictions do not apply to other commercial ships. By Tucker Reals https://www.cbsnews.com/live-updates/iran-war-trump-strait-of-hormuz-iranian-offer-ceasefire-oil-gas-prices/#post-update-f7d62d3d link copied 58m ago Sweden warns of potential jet fuel shortage amid supply disruptions caused by Iran war Sweden's government warned Tuesday of a potential jet fuel shortage in the Scandinavian…

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