The White House said American and Iranian negotiators continue to speak, even as both sides draw a hard line in public. The U.S. military is again launching strikes on Iran, while President Trump has suggested he will soon escalate. For its part, Iran called control of the Strait of Hormuz a red line. Nick Schifrin reports.

Iran expands control over the Strait of Hormuz amid US tensions. Strait traffic normal by August 31 at 13.5% YES.

US-Iran conflict escalates after a tanker attack in the Strait of Hormuz. Traffic normalization by August 31 at 12.5% YES.