Trump warns Iran to open Hormuz or get ‘hit very hard’

WASHINGTON: US President Donald Trump said a deal to reopen the Strait of Hormuz could come as soon as Wednesday but warned Iran it would get “hit very hard” if negotiations fell through. Transit of the waterway, a key conduit for global oil and gas supplies, has been a sticking point in talks and led to renewed fighting following an April ceasefire. Iran has tightened its grip on Hormuz and wants to control the strait and charge tolls — powers it did not exercise before the war began on February 28.

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