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US-Iran deal would lift ‘pressure on both sides’ over energy prices, Strait of Hormuz closure

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Coverage varies in emphasis, with the New York Times focusing on the broader implications of the deal for oil prices and regional politics, while the Financial Times highlights the immediate market reactions. The Hill discusses the…
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US-Iran deal would lift ‘pressure on both sides’ over energy prices, Strait of Hormuz closure
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“At the end of the day, all this really does is take us into a negotiating round while lifting the pressure on both sides when it comes to energy and other items moving through the Strait of Hormuz,” Esper said on NewsNation. A tentative agreement reportedly has been reached between Washington and Tehran to extend by 60 days a fragile ceasefire in the three-month conflict, reopen the Strait of Hormuz and establish a framework for broader talks on Iran’s nuclear program. Negotiators have been working to finalize the terms of the MOU.

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The Hill
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Defense Esper: US-Iran deal would lift ‘pressure on both sides’ over energy prices, Strait of Hormuz closure Comments: by Ellen Mitchell - 05/29/26 12:06 PM ET Comments: Link copied by Ellen Mitchell - 05/29/26 12:06 PM ET Comments: Link copied NOW PLAYING Former Defense Secretary Mark Esper on Friday said he believes a memorandum of understanding (MOU) between the U.S. and Iran — meant to get the two countries to an eventual peace deal — would lift “pressure on both sides” over the Strait of Hormuz. “At the end of the day, all this really does is take us into a negotiating round while lifting the pressure on both sides when it comes to energy and other items moving through the Strait of Hormuz,” Esper said on NewsNation.

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