CNN·3 min read·medium

Oil prices climb as Iran signals Strait of Hormuz will stay closed

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Aditi Sangal, Mitchell McCluskey, Mohammed Tawfeeq, Eyad Kourdi, Alejandra Jaramillo, Aida Karimi, Andrew Carey, Dana Karni, Kevin Liptak, Billy Stockwell, Brad Lendon, Catherine Nicholls, Christian Edwards, Frederik Pleitgen, Mustafa Qadri, Hanna Ziady, Kathleen Magramo, Helen Regan, Todd Symons, Stephen Collinson, Auzinea Bacon, Sophie Tanno, Molly English, CNN Staff
Oil prices climb as Iran signals Strait of Hormuz will stay closed
AI Summary

As oil prices rise amid tensions in the Strait of Hormuz, the article reviews historical US-Iran relations, specifically focusing on the Jimmy Carter administration's handling of the 1979 hostage crisis. It contrasts past diplomatic failures and sanctions with current administration strategies.

Link Copied! A look at previous US presidents' dealings with Iran By Catherine Nicholls President Donald Trump said yesterday the US is “low-keying” negotiations with Iran , signaling an emphasis on increasing economic pressure on the country.

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