WorldTrump Says Hormuz Talks Are ‘Moving Along’ as Iran Considers US Ship Ban

US President Donald Trump said negotiations between Iran and Oman over the Strait of Hormuz were “moving along.” The comments came as some Iranian lawmakers said they would seek to bar American and Israeli ships from the waterway under the proposed deal. Treasuries were steady after the 10-year yield rose seven basis points during the US session. Higher oil prices revived concern that the Federal Reserve might need to keep interest rates elevated, while the dollar held gains after its biggest advance in more than a day.

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