Trump Calls for Iran’s Economic Isolation at UN as Tehran Offers Hormuz Reopening
At the UN General Assembly, President Trump called for the complete economic isolation of Iran and said he expected a deal after the US midterm elections. A senior Iranian official said Iran could reopen the Strait of Hormuz to Gulf shipping within seven days if the US eased military pressure and lifted a blockade on Iranian ports. No face-to-face meetings between the two countries have taken place since July.
Why it matters: This bears on the theme of energy security, given the Strait of Hormuz's role as a conduit for a fifth of global oil and gas shipments.