CBS News·3 min read·medium
Live Updates: Trump says U.S. only "semi-negotiating" with Iran after Tehran sets demands to reopen Strait of Hormuz - CBS News
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Duarte Dias, Frank Andrews
✦AI Summary
Oil prices continue to climb as diplomatic efforts to reopen the Strait of Hormuz stall, leading to increased concerns over inflation and potential U.S. interest rate hikes. President Trump has signaled a tough stance, demanding compensation from Iran as part of any potential negotiations.
Follow the latest updates on the war in the Middle East for Tuesday, Aug. 11, here. See earlier coverage is below.
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