U.S. and Iran Set to Hold Indirect Talks After Trading Attacks: What to Know
Summary
U.S. and Iranian negotiators are in Qatar for indirect talks after recent exchanges of attacks, with both sides still far apart on core demands. Ship traffic has risen in the Strait of Hormuz despite elevated regional risk.
Why it matters
Even limited U.S.-Iran deconfliction can reduce the chance of a Hormuz shock that would hit global energy prices and shipping.